Top 10 Largest EPC Companies in the World 2022 (2023)

The world is throbbing with the plethora of skyscrapers such as Burj Khalifa, Willis Tower, The Kingdom tower etc. Aesthetic structures such as Petronas Towers, (Kuala Lumpur), St Basil’s Cathedral (Moscow), Lloyd’s Building (London) etc., top tier petroleum refineries such as Reliance Jamnagar Refinery(India), Port Arthur Refinery(USA), Ras Tanura Refinery(Saudi Arabia) etc., oil & gas production facilities and other marvellous structure which are an unbelievable outcome of these EPC companies’ state of art technology and cutting edge engineering requirements.

EPC companies generally deal with civil engineering and project management works in various sectors of Energy & power, Chemicals, and Hydrocarbon, Human resources etc., which in turn balance the demand for certain products and development of safest superstructure across the world. Checkout this list of top 10 largest and best EPC companies around the world in 2022.

Table of Contents

  • 10. TATA PROJECTS LTD.| Ahmedabad, Gujarat
  • 9. Petroleum Construction Company (NPCC)| Abu-Dhabi (UAE)
  • 6. WorleyParsons| Australia
  • 5. Technip| Paris, France
  • 4. SAMSUNG Engineering Co., Ltd. | Seoul, South Korea
  • 3. Hyundai Heavy Industries| Seoul, South Korea
  • 2. Saipem | Nigerian
  • 1. Petrofac | Jermyn Street, London

10. TATA PROJECTS LTD.| Ahmedabad, Gujarat

Top 10 Largest EPC Companies in the World 2022 (1)

TATA project Ltd is part of India’s largest business group ‘TATA’ which has revenues of over $100 billion, over a 100 operating companies across the globe. Being in sectors of Information and Technology, consumer products, energy, materials, & engineering, telecommunications, TATA groups finally get their hands in Constriction sector with the name ‘TATA’ projects. Their main clients are some of the most reputed companies in India such as Bharat Petroleum Corp Ltd, Reliance Industries, Bureau of Indian Standards ONGC, SAIL, BPCL, and PGCIL. Power, nuclear energy, Railways and transportation, Airports and hospitals are the sectors in which TATA project is currently working.

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9. Petroleum Construction Company (NPCC)| Abu-Dhabi (UAE)

Top 10 Largest EPC Companies in the World 2022 (2)

Known for creating marvellous skyscraper across the UAE, NPCC is one of the leading engineering and construction company in the world. This Adu-Dhabi based company is currently active in the following sectors: chemical and Petrochemical, Transportation, Infrastructure and Civil Engineering & Oil and Gas. According to recent news company’s portfolio gets stronger with two new projects in the Abu-Dhabi worth of $1.3 Billion US dollars. Moreover, they are the winner of most projects by GCC making it quite popular in UAE.

8. SK Engineering & Construction| South Korea

Top 10 Largest EPC Companies in the World 2022 (3)

SK Engineering and construction is South Korea’s third-largest civil engineering and construction companies after Hyundai and Samsung engineering Ltd. According to the latest report by AFP, last year six EPC company won the bids by Iraq government to build an oil refinery in Iraq and the project worth of $6.4 Billion USD. SK Engineering and construction along with Hyundai Engineering and GS construction group won the state construction oil and gas project.

SK Group houses more than 70,000 employees who work from 113 offices worldwide and they have more than 25 local projects and having certain projects in Kuwait, Qatar, and Singapore. Their primary businesses are in chemical, petroleum and energy industries and shipping, marketing, construction, wireless broadband service and mobile network service provider are their secondary business.

7. CB&I ( Chicago Bridge and Iron Company) | Chicago, Illinois, USA

Top 10 Largest EPC Companies in the World 2022 (4)

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Chicago Bridge & Iron The company was founded by 1889 by Horace E. Horton, George Wheelock, and William Wheelock and it HQ is currently located in The Hague, Netherlands. The company is currently serving in sectors like Gas & oil, Constructions, energy, natural resource industries & Engineering housing 50,000 employees and an annual turnover of whopping $12 billion US dollars.

According to recent report, Chicago Bridge & Iron the company will conduct a major overhaul of five crude oil storage tanks on Das Island which worth $90mn contract award by ADMA-OPCO. The company has built few popular bridges and other construction such as 1. Embarras River Bridge over Embarras River, Newton, Illinois, USA, 2. Caplinger Mills Historic District, junction of Washington Avenue, 3. Boiling Nuclear Superheater (BONUS) Reactor Facility, Punta Higuero Sector, Rincon, Puerto Rico, 4. West Water Tower and Ground Storage Tank, Orion, Illinois, USA etc. Across the USA and globe.

6. WorleyParsons| Australia

Top 10 Largest EPC Companies in the World 2022 (5)

WorleyParsons was founded by Wholohan Grill and Partners in 1971 and having its HQ in North Sydney, NSW, Australia. The company is currently housing more than 24,500 employees across the globe and have revenue of A$5,892.9 million dollars as per report of 2014. Currently, the company is working in construction and engineering, power & energy and Oil & Gas sectors.

WorleyParsons was awarded a contract from Samsung Heavy Industries to provide design and engineering for production of floating storage and offloading vessel for an oil field offshore Nigeria in 2013. Moreover, the company is distributed in many other branches such as INTECSEA, WorleyParsonsCord, WorleyParsons China, Rosenberg WorleyParsons AS, CadSkills and Energy Resourcing across the globe. This is one of the largest EPC Companies in 2022.

5. Technip| Paris, France

Top 10 Largest EPC Companies in the World 2022 (6)

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A French Constriction project and Engineering company are known for providing the quality solution in Project management, engineering, and construction for the energy industry & Oil & Gas sectors. Technip was founded in 1958 and it is currently merged with another tech called FMC Technologies. The company is housing 37,500 employees and annual revenue of the company is €10.7 billion Euros as per report of 2014.

Recently the company was awarded Oil and gas project in the Middle East by the Ministry of Oil’s South Refineries Company to upgrade a refinery in the city of Basra in southern Iraq along with Japan’s EPC company called Unico. TechnipFMC has three headquarters in Houston, USA, Paris, France, and London, UK.

4. SAMSUNG Engineering Co., Ltd. | Seoul, South Korea

Top 10 Largest EPC Companies in the World 2022 (7)

Generally known for their smartphone but many people are not aware of another side of the coin called Samsung engineering co.ltd. Samsung EPC played the major role in the construction of world’s tallest building Burj Khalife, they are one of the largest weapon manufacturers and having the large share in Construction and energy sector as well. Samsung engineering is currently offering products in environmental, industrial, Hydrocarbon, infrastructure related plants and facility sectors. The company was founded on January 20, 1970. Currently, the company houses 8,300 employees and an annual revenue of the company is $8.4 billion USD.

In Hydrocarbon sector, they are providing service for Naphtha/ Ethane/Propane Cracking, Aromatics, Hydro Treating, Gas Processing & Treating and Distillation. When it comes to Industrial & Environmental they are offering services like Ultra-pure Water, Desalination, Wastewater Treatment, Sewage Treatment, and Manufacturing. Samsung is the largest business group which has its wings spread in every sector you could possibly think of.

3. Hyundai Heavy Industries| Seoul, South Korea

Top 10 Largest EPC Companies in the World 2022 (8)

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Second largest south Korean EPC company after Samsung specialised in marine manufacturing and other engineering works. Hyundai heavy industries are world’s largest shipbuilder and recently they have been awarded a project for the construction of fixed platforms in the Abu Dhabi Nasr field from Abu Dhabi Marine Operating Company (ADMA OPCO) which is worth of $1.2 billion USD. Hyundai heavy industry was founded on 23 March 1972 by Chung Ju-Yung and currently having HQ in Ulsan, South Korea. The company housing more than 25,000 employees and annual revenue of the company are 39.33 billion USD.

2. Saipem | Nigerian

Top 10 Largest EPC Companies in the World 2022 (9)

Saipem is known for operating Nigerian Unit since 2010 and was also awarded another $3 billion contract for the subsea development and production and installation of oil production and water injection flowlines, Egina field offshore Nigeria. The project was worth $3.8 Billion US dollars. Moreover, Saipem also builds second largest heavy lift vessel in the world called Saipem 7000 and other vessels such as Saipem FDS, Saipem 10000, Saipem 3000 & Castoro Sei. Saipem S.p.A. (Società Anonima Italiana Perforation EMontaggi) is having its HQ in San Donato Milanese, Italy, largest Italian oil and gas industry contractor was founded in 1957 and currently housing 46,346 employees with annual revenue of €11.520 billion Euros.

1. Petrofac | Jermyn Street, London

Top 10 Largest EPC Companies in the World 2022 (10)

Petrofac is the largest provider of oilfield services to the international oil and gas industries. The company mainly deal with petrochemicals which have several operating locations across the globe such as in Saudi Arabia, Malaysia, and India. Their range of services are designed and builds new oil and gas facilities and maintain already existed one, Engineering, Construction, Operation and Maintenance of these facilities, Energy and power service etc. The company was established in 1981 by Rijnhard van Tets and have its HQ in London, United Kingdom.

These top EPC companies are responsible for the constant supply of energy, petroleum and other oils & gasses which have significant effects on normal life. Moreover, these EPC companies play the vital role in the development of the economy of the nation and to build some of the marvelous and safest skyscrapers in the world.

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FAQs

Which is the best EPC company in the world? ›

Filter By
EPC RankCompanyOverall Rank
EPC Rank1CompanySOLV EnergyOverall Rank1
EPC Rank2CompanyBlattnerOverall Rank2
EPC Rank3CompanyMossOverall Rank3
EPC Rank4CompanySignal EnergyOverall Rank4
69 more rows

What are the top 10 construction companies? ›

A Quick Look at the Top 10 Construction Companies
  1. Bechtel Corporation. Bechtel Corporation is a trusted engineering, construction, and project management partner to industry and government. ...
  2. Fluor Corporation. ...
  3. Whiting-Turner. ...
  4. EMCOR. ...
  5. Turner Construction. ...
  6. DPR Construction. ...
  7. Gilbane. ...
  8. Hensel Phelps.
8 Apr 2022

What is EPC full form? ›

What is the Full form of EPC? The full form of EPC is Engineering, Procurement and Construction. In the construction sector, EPC is a popular type of contract.

What are EPC companies? ›

Engineering, Procurement and Construction ('EPC') is a particular form of contracting arrangement used popularly in many countries where the EPC contractor is made responsible for all the activities from design, procurement, construction, commissioning, and handover of the project to the end-user or owner.

What is EPC company in India? ›

EPC stands for engineering, procurement, and construction. An increasing number of clients are opting for services of EPC companies in India because it is convenient to customize the requirements.

What is an EPC Oil and Gas? ›

The publication has shared their annual ranking, recognising the engineering, procurement and construction (EPC) firms who are making the biggest impact in the Middle East's Oil & Gas industry.

How do EPC companies work? ›

The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work.

What is EPC model? ›

This is a PPP model for the development of infrastructure projects especially highways. Under this model, the cost is completely borne by the government. Government invites bids for engineering knowledge from the private players.

What are EPC costs? ›

EPC Costs means, collectively, any costs and expenses for which Owner is liable pursuant to any Construction Contract, other than costs and expenses for which Purchaser shall have agreed in writing to reimburse to Owner in the event this Agreement is terminated under Section 3.3.

Who is the largest construction company? ›

162 articles
Rank (2022)CompanyRevenue
1The Turner Corp.$14.4 billion
2Bechtel$12.2 billion
3Fluor$11.7 billion
4Kiewit Corp.$11.2 billion
6 more rows
2 Aug 2022

Who is the biggest construction company in the world? ›

CHINA STATE CONSTRUCTION ENGINEERING CORP. LTD.

Which is the biggest construction company in China? ›

China State Construction Engineering Corp. Ltd.

How many Epcs are there in India? ›

Presently, there are fourteen Export Promotion Councils under the administrative control of the Department of Commerce. Names and addresses of these Councils are given in Annexure 1.2. These Councils are registered as non-profit organizations under the Companies Act/ Societies Registration Act.

What is EPC project with example? ›

EPC is a type of construction contract where the contractor is responsible for engineering services, procurement of materials, and construction. Power plants, factories, gas development project, infrastructure projects, and industrial plant construction sectors are the typical examples of EPC projects.

Is ABB an EPC? ›

The new firm, Arkad-ABB S.p.A., will provide a full range of integrated EPC services for oil and gas plants. It will build on more than 50 years of experience in oil and gas EPC, and the successful delivery of more than 300 projects globally.

What is a 7 day EPC? ›

7 day EPC is a calculation made by taking data from yesterday counting back seven days. We take the sum of all commissions for the 7 days and divide it by the sum of all clicks for the same 7 days then multiplying this by 100. If today's date = N, the date range used is N-8 to N-2.

What is the full form of EPC in B Ed? ›

The curricular component, Engagement with the field is meant to link all the courses holistically, the programme also includes some courses for Enhancing Professional Capacities (EPC) of the student teachers.

What is the difference between EPC and EPCM? ›

While an EPC contract takes the form of a design and construction contract, the EPCM model can be regarded as a professional services contract. The EPCM contractor has a duty to ensure that the engineering and design of the project is in compliance with the projects technical and functional specifications.

How big is the EPC industry? ›

The global Oil and Gas EPC market size is expected to grow from USD 49.58 billion in 2022 to USD 80.77 billion by 2029; it is estimated to grow at a CAGR of 7.2% from 2022 to 2029.

How big is the EPC market? ›

Market Overview

The Global Oil & Gas EPC market is expected to reach USD 409.11 billion by the end of the year and is projected to register a CAGR of over 4.76% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels.

What are the benefits of EPC? ›

Advantages of an EPC Contract
  • A Single Point of Responsibility.
  • Fixed Contract Price.
  • Fixed Completion Date.
  • Can Set a Performance Specification.
  • Performance Guarantee.
  • Security.
  • Caps on Liability.
  • Has Rights to Suspend the Project.
6 Nov 2021

What is EPC project life cycle? ›

EPC includes three steps in each construction project: (1) Engineering (design); (2) procurement; and (3) construction. Each of these three phases include factors that affect construction project performance regarding the project triangle (time, cost, and scope).

Why EPC contract is important? ›

The structure of EPC Contracts allows the project owner to manage risk more effectively and allows the contractors to allocate and specialize in the work they undertake. Under common EPC Contracts, the contractor has full control of the design, procurement, and construction of the project from inception to completion.

What is EPC project PDF? ›

This Engineering Procurement Construction (“EPC”) Agreement template has been created for the purpose of providing countries with a standardized document to accelerate the private sector participation in the rural electrification effort.

What is a PPP project? ›

A public-private partnership (PPP) is a funding model for public infrastructure projects and initiatives such as a new telecommunications system, public transportation system, airport or power plant. Government agencies represent the public partner at a local, state and/or national level.

What is PPP and EPC? ›

As discussed above, in the PPP model one party is a government or public sector enterprise and the other is a private party while the same is not true for the EPC model which can have two private entities as parties to the contract. Also, there is a difference between how the two models work.

Who can do EPC certificate? ›

EPCs must be carried out by an accredited domestic energy assessor which you can source in your area at the government's official EPC register. However, if you are using an estate agent to sell your home or letting agent to rent it, it should be part of their job to ensure there is a valid EPC on the property.

What is a full wrap EPC? ›

Under a wrap-around guarantee, an entity, usually either the offshore supplier or the parent company of the contracting entities, guarantees the obligations of both contractors. This delivers a single point of responsibility to the project company and the lenders.

How do I get qualified for EPC? ›

In order for a DEA to produce a legally valid EPC, they must be accredited with a government approved energy assessment scheme- such as Elmhurst. Accreditation schemes are there to support members in their practice, by providing them with ongoing technical guidance, training and software.

Is ABB an EPC? ›

The new firm, Arkad-ABB S.p.A., will provide a full range of integrated EPC services for oil and gas plants. It will build on more than 50 years of experience in oil and gas EPC, and the successful delivery of more than 300 projects globally.

What is an EPC Oil and Gas? ›

The publication has shared their annual ranking, recognising the engineering, procurement and construction (EPC) firms who are making the biggest impact in the Middle East's Oil & Gas industry.

How big is the EPC industry? ›

The global Oil and Gas EPC market size is expected to grow from USD 49.58 billion in 2022 to USD 80.77 billion by 2029; it is estimated to grow at a CAGR of 7.2% from 2022 to 2029.

How big is the EPC market? ›

Market Overview

The Global Oil & Gas EPC market is expected to reach USD 409.11 billion by the end of the year and is projected to register a CAGR of over 4.76% during the forecast period. The market was negatively impacted by COVID-19 in 2020. Presently the market has now reached pre-pandemic levels.

What is EPC in project? ›

An “Engineering, Procurement and Construction” or short EPC-Project is a particular form of contracting arrangement used in some industries where the EPC-Contractor is made responsible for all activities from design, procurement, construction, to commissioning and handover of the deliverables to the Owner or Operator ( ...

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