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RPME:2016Top30EPCContractors:1120

RPME:2016Top30EPCContractors:1120
ArabianOil&GasStaff,May10th,2016
11.GSEngineering
SouthKoreasGSEngineeringisthemaincontractoratthehugeRumaithaand
ShanayelFieldsPhaseIIIdevelopmentprojectinAbuDhabi.TheKoreancontractor
hasbeenappointedbytheAbuDhabiCompanyforOnshoreOperations(ADCO)to
buildamassivecrudeoilprocessingplantatthesite.Theprojectwillalmost
doubletheplantscapacityfrom46,000to85,000barrelsofoilperday.GS
EngineeringandDodsal,aDubaibasedcontractor,arehardatworktocomplete
thejobbytheendofthisyear,withcommercialoperationsexpectedtostartinearly2017.
GSisalsoworkingona$651mnordertobuildafloatingLNGterminalandsupportingfacilitiesinBahrain.Thefacilitywill
haveacapacityof22.65millioncubicmetersperday(mcmd)andisexpectedtobecompletedbyJune2018.InOman,GSis
partoftheconsortiumbuildingtheLiwaPlasticsIndustrialComplexoperatedbyOrpic.
12.DaewooE&C
DaewoohasalongandenviablehistoryofworkingonprojectsintheMiddleEast.FromAlgeriasfamousureafertilizerplant
thelargestintheworldwithproductioncapacityof4,000tonnesofammoniaand7,000tonnesofureafertilizerperdayto
ahugechemicalcompoundfacilitystillunderconstructioninSaudiArabia,Daewoosprojectsintheregiondontfailto
impress.
Itwasperhapsthankstoitsunblemishedreputationofexecutinglargescaleprojectswithinbudgetandontime,thatDaewoo
wasoneofthetopKoreancontractorsselectedtobuildthesupportunitsandinfrastructureatKuwaitsAlZourRefinery.
Daewooalsocarriedouttheengineering,procurementandconstructionforapolyethyleneandanormalalfaolefins(NAO)
plantsinMesaieed,Qatar,withanannualcapacityof350,000tonneseach.
13.SKE&C
SKEngineering&Construction(E&C)ispartoftheHyundaiSaipemconsortium,whichinthethirdquarteroflastyearsigneda
dealtobuildthemarineexportterminalinAlZour,Kuwait.Withtotalcontractvalueof$1.5bn,thisisasignificantdealforthe
SouthKoreangiant,whoearlierlastyearbaggedyetanothercontractonatoprefineryupgradeprojectinthesmallGulfArab
state.
InajointventurewithGSE&CandJGCCorporationofJapan,SKiscurrentlyworkingonthehighlycomplexCleanFuels
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ProjectcommissionedbyKuwaitNationalPetroleumCompany(KNPC)toproducehighqualityrefinedpetroleumproductsfor
domesticconsumptionandexport.

Withanestimatedvalueof$12bn,thecleanfuelsprojectwasdesignedtomoderniseKuwaitslargestoilrefineriesMinaAl
AhmadiandMinaAbdullah,whichdatebacktothe1950s.
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KNPCCEOMohammadalMutairitoldRPMEinaninterviewinJanuarythattheprojectis39%complete,andisexpectedtobe
commissionedinmid2018.WithplanstoshutdowntheShuaibarefinery,theoldestandlargestrefiningplantinKuwait,the
Weareconductingaquick
CleanFuelsProjectwillproveinstrumentalinmaintainingproductionlevelsstableandmeetingdomesticdemand.
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14.Daelim
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DaelimistheleadcontractorontheSoharRefineryImprovementProject(SRIP)inOman,whichissettopropelOrpics
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productionlevelsto13mntonnesperyear.

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TheSeoulheadquarteredbuilderreceivedtheorderinNovember2013andismonthsawayfromcompletingtheproject.Plant
operationsareexpectedtostartasearlyas2017,accordingtoOrpicschiefexecutiveMustabAlMahrouqi.
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InneighbouringSaudiArabia,DaelimisknownforitsstellarworkontheworldslargestpolycarbonateplantthatofSaudi
Kayan,whichcameonstreamin2010.
ItalsobuiltthefamousSaharaAlWahaunitinJubail,whichalsohappenstobethebiggestPDH/PPplantontheplanet.
TogetherwithDaewooE&C,Daelimbaggeda$3.2bndealtobuildapetrochemicalcomplexinthesoutheastpartofSouth
Korea.Thedealisthecountryslargestorderevermadeforasingleplant.
15.NPCC
HeadquarteredintheemirateofAbuDhabi,UAE,NPCCsoperationsspanfromtheentireArabianGulfallthewaytoSouthEast
Asia,withfutureplanstoexpandintoAfricaandtheCaspianregionaswell.Aspartsofitseffortstogrowthebusiness,theAbu
DhabicontractorrecentlyacquiredmajorityshareinANEWAEngineering,amultidisciplinarydesignengineeringconsultancy
basedinIndia.
Ayoungfirmwithovereightyearsofexperienceintheoilandgasindustryand300employees,ANEWAcouldproveessential
inaddingtoNPCCstechnicalcapabilitiesandexpandingitsgeographicreach.
NPCCalsohasastrongfocusonmidstreamandstoragefacilities,makingitthecontractorofchoiceforthemultimilliondollar
SaudiBahrainpipelineprojectduetobecompletedbytheendofnextyear.
TogetherwithitsSaudisubsidiary,NPCCwasselectedtobuildthepipelinesoffshoresectionrunningfromanareacalled
QurayyahonSaudiArabiaseastcoasttoAlJazairinthesouthwestofBahrain.
TheEmiratifirmwasawardedtheprojectssecondpackage,withscopeofworkincludingengineering,designand
procurement,aswellasfabrication,transportationandinstallationoftheapproximately42kmoffshorepipeline,whichwillbe
equippedwithahightechsubmarinefiberopticcableandImpressedCurrentCathodicProtection(ICCP),asystemusedto
controlcorrosiononthepipe.
Afterwinningtheaward,NPCCsaiditwasproudtobeassociatedwithBapcoandSaudiAramcoinexecutingthisstrategically
importantproject.
16.KBR
CanadiancontractorKBRisoneofthemainengineeringfirmsworkingontheSadarapetrochemicalcomplex,theworlds
largestchemicalcomplexeverbuiltinasinglephase.
KBRhasexecutedtheprojectfeasibilityandpreFrontEndEngineeringDesign(FEED)fortheentirecomplex,aswellasthe
FEEDscopesofseveralmajorfacilitiesatthecomplex.ItalsolicensesitsAnilinetechnologyusedintheproject.KBRsaiditwill
continueitslongstandingpartnershipwithSadarathroughouttheupcomingcommissioningandoperationsphasesofthe
projectasSadarasEngineeringContractorofChoice.
TheCanadiancontractorisalsoquiteactiveintheCaucasusregion,whereinmid2015,itformedajointventurecompanywith
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AzerbaijansstaterunSOCARfortheHeydarAliyevBakuoilrefinerymodernisationprojectinAzerbaijan.Thecompanywas
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createdtoprovideservicesforallbrownfieldandgreenfieldprojectsacrosstheupstream,midstreamanddownstreamoiland
gassectors,intheAzerbaijanGeorgiaTurkey(AGT)region.

Lastyear,KBRsawasignificantimprovementinitsQ4earnings,whichcarriedonthroughout2015.Still,consolidatedrevenue
Hereat
inQ4droppedto$1.1bnfrom$1.4bnforthesameperiodin2014.Inresponsetomajorchallengesfacingtheoil,gasand
arabianoilandgas.com[H]
constructionindustries,KBRsaiditisontracktodeliveritsplannedcostsavingsandmarginsby2016end.
Weareconductingaquick
AninterestingmoveatthestartoftheyearwasitsacquisitionofConnellChemicalsportfolioofcompaniesspecialisedinthe
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provisionofnitricacidandammoniumnitrateproprietarytechnologiesandservicestothefertilizermarket.
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17.NesteJacobs

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FinishengineeringandconstructionfirmNesteJacobshadabusy2015intheUAE,bagginganumberofhighprofileprojects
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inrefining,petrochemicalsandupstreamoilandgas.

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InAprillastyear,thecompanyreceivedanorderfromEmiratesNationalOilCompany(ENOC)toprovidetechnicalconsultant
servicesforoneofitsongoingprojectsinDubai.
ItwasalsoprequalifiedfortendersbyseveralADNOCoperatingcompanieslikeFertil,AdgasandGasco,withthelatterawarding
itthetechnicalconsultancyforasteam&condensatebalanceandmonitoringsysteminAbuDhabi.
Inaddition,NestewillactastheFEEDcontractorforthemodificationofBorougespolyethyleneplantinRuwais.Itisthethird
inarowprojectofthiskindthatthecompanyisdeliveringtoBorougeunderalongtermserviceagreementbetweenthetwo.
NestewillalsoprovideprojectmanagementconsultancyservicesforTakreersWasteHeatRecoveryProjectinRuwaisand
designseveralinterconnectingplatformsatthecompanys417,000barrelsperday(bpd)refinery,alsoinRuwais.
Withover60yearsexperienceintechnologydevelopmentandindustrialprojectsinEurope,NorthandSouthAmerica,Asia
andtheMiddleEast,Nestestechnicalcapabilitiesstretchfromoilandgas,petrochemicalsandchemicalstobiorefining,
biochemicals,industrialinfrastructureandothers.
18.HyundaiE&C
HyundaiE&Cwasrecognisedforitstechnicalexpertiseandreliabilitybywinningthemostnumberoftechnologyrelatedbidsin
thelocalKoreanmarketlastyear.
Thecompanysignedfivedealswithcombinedvalueof$2.44bn,cementingitspositionasoneofthetopcontractorsinSouth
Korea.
HyundaiwasthefirstKoreanconstructioncompanytoentertheMiddleEastmarket,winning$66bnworthofcontractsincethe
startofitsoeprations,andremainsoneoftheregionsmostimportantEPCfrims.
Aspartofaconsortiumofcompanies,HyundaiwillbuildthemarineexportterminalforthemassiveAlZourrefineryinKuwait.
Withtotalcontractvalueof$1.5bn,thisisasignificantdealfortheSouthKoreanconstructiongiant.
Oneofitsbiggestcontractawardsrecentlyisthe$6bnrefineryprojectinKerbala,Iraq.Withacombinedshareof37.5%,
HyundaiE&CanditsaffiliateHyundaiEngineeringbagged$2.3bnfortheproject,whileGSandandSKwereawarded37.5%
and25%respectively.
Hyundaispartofthecontractincludestheconstructionofcrudeoilprocessingfacilities.
19.JGCGroup
JapaneseE&CheavyweightJGCCorporationhasmanagedtokeepitshandintheMiddleEastmarketplaceduringatough
projectenvironment.
BeatingoffstiffcompetitionfromTechnipofFranceandUSbasedCB&I,andperhapsthankstoitsextensiveexperience
buildinggasprocessingfacilitiesinBahrain,JapaneseengineeringfirmJGCwona$355mncontracttodesignandbuildamid
sizegasplantforBahrainNationalGasCompany(BAPCO).Thefacilitywillrecoverliquefiedpetroleumgasandnaphthafrom
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associatedgasesreleasedwhenextractingcrudeoil.
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SlatedforcompletionbySeptember2018,theplantwillbelocatedabout20kmsouthofthecapitalManamaandhaveadaily
processingcapacityof350mncubicfeet.
JGCisalsopursuingsmallerprojectsintheMiddleEastandSoutheastAsiaasplungingcrudepricesdampendemandforlarge
Hereat
arabianoilandgas.com[H]
oilandgasrelatedfacilities.JapansJGCCorpwasawardedacontractbyAramcofortheconstructionofshalegasfacilitiesin
thenorthwestofSaudiArabia.Thecontractorwillbuildprocessingfacilities,wellheadsandgaspipelinesinthetownofTuraif
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aspartofAramcosmegaprojectSystemA.
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20.McDermott
howtoimproveourwebsite.
Strongfocusonprojectexecutionandcostmanagement,aswellasasuccessfulentryintotheIndiansubseamarketledtoa
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significantincreaseinMcDermottsoperationalprofitin2015.

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Thecompanyrealisedadjustednetincomeof$65.5mnandreportedrevenuesof$3.1bnfortheyearendedDecember31,
2015,anincreaseof$800,000mnfrom2014.TheincreasewasprimarilyattributabletoprogressonINPEXIchthys,Brunei
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ShellpipelinereplacementandPBLitoral.
McDermotthadasubstantialbackloginthepastyear,whichitsaidprovidesastrongfoundationfor2016.Thecompanys
internationalwasawardedinAugustalumpsumcontractbySaudiAramcoforbrownfieldworkoffshoreSaudiArabia.
ThepackagecomprisingvariousEPCIprojectsrepresentthelargestsingleawardforMcDermottsMiddleEastAreaoperationsin
thecompanyhistory.RevenuefromthefixedpriceawardwasincludedinMcDermottsthirdquarter2015backlog,withwork
expectedtobeexecutedthroughthesecondquarterof2018.InMarchthisyear,McDermottbaggedalargecontractfroman
unnamedupstreamoilandgasoperatorforaprojectoffshoreintheMiddleEast.
RPME:2016Top30EPCContractors:2130

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