Top 13 Oil and Gas EPC Companies in the World

Energy & Mining
Top 13 Oil and Gas EPC Companies in the World


Bechtel Corporation, Fluor Corporation, and KBR Inc. are the largest companies in the global oil and gas EPC industry. As per the IMARC Group report, the value of market was USD 55.1 Billion in 2025 and forecast to reach at USD 78.5 Billion by 2034, exhibiting the CAGR of 4.00% during 2026-2034.

The global demand for energy, especially from developing countries, and improvements in exploration and production techniques such as hydraulic fracturing and horizontal drilling make up the two main drivers fuelling this growth. Due to this progress, unconventional reserves that we could not access in the past, deepwater and shale, have become accessible. This has led to global energy markets demanding specialized EPC service.

EPC companies are hiring digital transformation, which integrates solutions like Artificial Intelligence (AI), Internet of Things (IoT), and cloud computing platforms to streamline project management, predictive maintenance, and cost control. Simultaneously, the pressures of regulation around emission and safety standards are accelerating investment in Carbon Capture and Storage (CCS) technology and renewable energy; across the entire EPC value chain.


Geographic Distribution:

North America dominated by the United States is the largest and most mature EPC consumer market in the world, driven by its historic shale revolution and sophisticated extraction facilities. The United States has several global EPC company headquarters and a conducive policy environment.

The Asia-Pacific region is the fastest-growing EPC consumer market in the world, driven by rapid industrialization in China and India and the development of LNG facilities in Australia and Indonesia.

The Middle East and Africa dominated by Saudi Arabia, UAE, and Qatar is the largest EPC consumer market in the world for large-scale conventional reserves-based deployment, with state-owned oil companies driving multibillion-dollar EPC procurement spend.

Europe dominated by Norway, UK, and Russia maintains its importance in the global EPC consumer market due to its mature offshore reserves and pioneering sustainable engineering practices.

Latin America is an emerging growth frontier in the EPC consumer market driven by Brazil's deep-water pre-salt oil fields and Mexico's ongoing energy sector reforms; however, geopolitical and economic instability pose major risks for project execution timelines.


Key Market Highlights:

  • Energy demand growth worldwide, particularly in the growing economies of Asia and the Middle East, is the primary driving factor for the consistent growth of the oil and gas EPC market until 2034.
  • The use of AI, IoT, and cloud-based management systems for EPC projects is completely revolutionizing the process by minimizing the duration of the projects and the operational costs incurred.
  • The Upstream sector holds the largest market share, driven by intensifying exploration of shale reserves, deepwater fields, and unconventional resources requiring specialized EPC engineering solutions.
  • Construction services make up the largest share in the EPC service type analysis due to the significant labor and material costs involved in building complex oil and gas facilities.
  • Offshore facilities make up the largest location type in the EPC market analysis, as rising exploration activities in ultra-deepwater gas and oil reservoirs require specialized marine engineering expertise.
  • The Asia Pacific market is expected to grow at the highest rate in the EPC market analysis due to rising energy demands in countries such as China, India, Australia, and Indonesia.
  • Leading EPC companies are investing in Carbon Capture and Storage (CCS) solutions and in meeting stringent international environmental and safety regulations.

This article provides a comprehensive analysis of the top oil and gas EPC companies in the world, including their market position, geographic presence, product offerings, and strategic developments. It highlights how leading players are shaping the global oil and gas EPC market through innovation, expansion, and competitive strategies.


Top 13 Oil and Gas EPC Companies:

Company Name Headquarters Founded Year Primary Market Focus
Bechtel Corporation Reston, Virginia, USA 1898 Infrastructure, Energy and Industrial
Fluor Corporation Irving, Texas, USA 1912 Energy, Chemicals and Diversified Services
John Wood Group PLC Aberdeen, United Kingdom 1982 Consulting, Engineering and O&M
KBR Inc. Houston, Texas, USA 1998 Technology and Engineering Services
Larsen & Toubro Limited Mumbai, India 1946 Engineering, Construction and Manufacturing
McDermott Houston, Texas, USA 1923 Offshore and Onshore EPC
NMDC Group Abu Dhabi, UAE 1973 Offshore and Onshore Oil and Gas EPC
Petrofac Limited London, United Kingdom 1981 Oilfield Engineering and O&M Services
SAIPEM SpA San Donato Milanese, Italy 1957 Offshore and Onshore EPCIC
Samsung E&A Gangdong-gu, Seoul, South Korea 1970 Plant Engineering and Green Solutions
TechnipFMC plc Newcastle Upon Tyne, UK 2017 Subsea and Surface Technologies
Técnicas Reunidas S. A. Madrid, Spain 1972 Downstream Refining and Petrochemicals
Worley North Sydney, Australia 1971 Energy, Chemicals and Resources


Company Profiles:


1. Bechtel Corporation

Established in 1898, Bechtel Corporation is a leading and largest EPC company in the world, with over 120 years of experience in delivering projects. Bechtel has successfully delivered projects in refineries, LNG, and petrochemicals, along with other infrastructure projects, in over 160 countries around the globe. Bechtel enjoys a strong reputation as a benchmark EPC company in the global energy industry.

  • Regional Dominance: North America, Middle East, Europe, Asia Pacific, and Africa. Bechtel has delivered projects in over 160 countries and maintains one of the most diversified global EPC portfolios, covering refineries, LNG terminals, petrochemical complexes, and nuclear infrastructure across six continents.
  • Product Line: Refinery and petrochemical EPC, LNG terminal construction, upstream production facilities, pipeline infrastructure, and nuclear and power generation projects.
  • Strategic Shift: Bechtel has doubled down on digital project delivery, embedding AI-driven project management platforms and BIM (Building Information Modelling) systems across its major EPC contracts to reduce schedule overruns and improve cost predictability.
Feature Details
Establishment 1898
Headquarters Reston, Virginia, USA
Website www.bechtel.com
Core Strength End-to-end large-scale project delivery across 160 plus countries
Key Innovation AI-powered project management and digital BIM integration for EPC execution


2. Fluor Corporation

Established in 1912, Fluor Corporation is a global powerhouse in engineering, procurement, and construction services. Headquartered in Irving, Texas, Fluor is widely recognized for its expertise in managing complex energy infrastructure projects including offshore platforms, LNG facilities, and large-scale pipeline systems. The company serves government, industrial, and energy clients across more than 60 countries worldwide.

  • Regional Dominance: North America, Latin America, Europe, Middle East, and Asia Pacific. Fluor operates across more than 60 countries and maintains a strong project base in the United States, Canada, Australia, and the Netherlands, executing complex offshore platforms, LNG facilities, and large-scale pipeline systems.
  • Product Line: Offshore platforms, LNG facilities, refinery EPC, pipeline infrastructure, power generation, and mining and minerals projects.
  • Strategic Shift: Fluor has intensified its commitment to sustainable project delivery, integrating low-carbon engineering solutions and renewable energy hybridization across its LNG and petrochemical EPC projects, while expanding its modular construction capabilities to reduce field labor exposure.
Feature Details
Establishment 1912
Headquarters Irving, Texas, USA
Website www.fluor.com
Core Strength Complex multi-billion-dollar EPC project management and risk mitigation
Key Innovation Modular construction techniques and low-carbon EPC delivery frameworks


3. John Wood Group PLC

Founded in 1982, John Wood Group PLC is a globally recognized consulting and engineering company operating across energy and materials markets. Headquartered in Aberdeen, United Kingdom, Wood provides end-to-end services from concept engineering and FEED studies to construction management and operations support, serving clients across the oil and gas value chain from upstream exploration to downstream processing.

  • Regional Dominance: Europe, Middle East, North America, Asia Pacific, and Africa. Wood Group holds a particularly strong presence across the North Sea and Gulf states, providing consulting-led engineering and operations support across the full upstream to downstream oil and gas value chain.
  • Product Line: Front-end engineering design (FEED), project management consultancy (PMC), construction management, operations and maintenance (O&M) services, and asset integrity management.
  • Strategic Shift: Wood Group has strategically repositioned its business towards higher-margin consulting and advisory services, while reducing exposure to lower-margin commoditized EPC contracting, and is actively expanding its decarbonization and energy transition advisory capabilities.
Feature Details
Establishment 1982
Headquarters Aberdeen, United Kingdom
Website www.woodplc.com
Core Strength Consulting-led engineering across the full oil and gas asset lifecycle
Key Innovation Energy transition advisory and decarbonization strategy integration


4. KBR Inc.

KBR Inc., established in 1998 following its separation from Halliburton, is a global leader in engineering, procurement, and construction services across energy, government, and defense markets. Headquartered in Houston, Texas, KBR has grown through strategic acquisitions including Ecoplanning, SGT, Wyle, and Centauri, building a diversified technology, science, and engineering solutions platform spanning industrial, aerospace, and intelligence sectors.

  • Regional Dominance: North America, Middle East, Europe, and Asia Pacific. KBR maintains extensive operations across the United States, Australia, the United Kingdom, and Saudi Arabia, with its proprietary LNG technology licensing business deployed across projects spanning industrial, government, and defense sectors globally.
  • Product Line: LNG technology licensing, refinery EPC, government services, defense technology, ammonia production technology, and specialty chemical plant engineering.
  • Strategic Shift: KBR is strategically pivoting toward its proprietary technology licensing business particularly in LNG and sustainable ammonia production, reducing direct construction exposure and increasing high-margin IP-driven revenue streams across global markets.
Feature Details
Establishment 1998
Headquarters Houston, Texas, USA
Website www.kbr.com
Core Strength Proprietary LNG technology licensing and government and defense engineering
Key Innovation Sustainable ammonia and hydrogen production technology development


5. Larsen & Toubro Limited

Founded in 1946, Larsen and Toubro (L&T) is India's largest engineering, procurement, and construction conglomerate with unmatched capabilities across technology, construction, and manufacturing. With a global footprint spanning over 30 countries and manufacturing facilities in key geographies, L&T is a dominant EPC force in the Middle East, South Asia, and Southeast Asia, executing complex onshore and offshore oil and gas infrastructure projects.

  • Regional Dominance: India, Middle East, Southeast Asia, and Africa. L&T commands a dominant EPC position across Saudi Arabia, UAE, Oman, and Kuwait, with international hydrocarbon operations generating a significant share of group revenue through offshore platforms, pipeline networks, and refinery construction.
  • Product Line: Upstream oil field facilities, offshore platforms, onshore pipeline networks, refinery and petrochemical plants, LNG terminals, and water and renewable energy infrastructure.
  • Strategic Shift: L&T has aggressively expanded its international hydrocarbon EPC portfolio, securing multi-billion-dollar contracts in the Middle East and investing in digital construction technologies including AI-based project monitoring and drone-assisted site surveillance.
Feature Details
Establishment 1946
Headquarters Mumbai, Maharashtra, India
Website www.larsentoubro.com
Core Strength Large-scale turnkey EPC execution across South Asia and Middle East markets
Key Innovation AI-based project monitoring and drone-assisted construction site management


6. McDermott

McDermott is a leading fully integrated supplier of engineering and construction services to the world’s energy industry, with a history dating back to 1923. McDermott, based in Houston, Texas, is a company that utilizes the One McDermott Way philosophy in the execution of projects, delivering innovation and assurance from concept to commissioning, with over 30,000 professionals, a diverse fleet of specialized marine construction vessels, and offshore fabrication facilities globally.

  • Regional Dominance: Middle East, Asia Pacific, North America, Europe, and Africa. McDermott operates flagship offshore projects across the Gulf of Mexico, Arabian Gulf, and Southeast Asia, supported by a proprietary fleet of specialty marine construction vessels and dedicated offshore fabrication yards.
  • Product Line: Offshore structures, subsea pipeline installations, onshore EPC, LNG facility construction, refinery upgrades, and specialty marine construction.
  • Strategic Shift: McDermott is deepening its focus on the offshore energy transition, investing in hydrogen-ready infrastructure engineering and pursuing integrated EPCI contracts for floating LNG and carbon capture offshore facilities worldwide.
Feature Details
Establishment 1923
Headquarters Houston, Texas, USA
Website www.mcdermott.com
Core Strength Integrated offshore EPC with proprietary marine construction fleet
Key Innovation Hydrogen-ready offshore infrastructure and floating LNG EPCI solutions


7. NMDC Group

Founded in 1973 as the National Petroleum Construction Company (NPCC), NMDC Group is a world-class UAE-based EPC company providing total engineering, procurement, and construction solutions to both offshore and onshore oil and gas sectors. Operating primarily in the Arabian Gulf, South Asia, and Southeast Asia, NMDC Group has future expansion plans across Africa and the Caspian region, leveraging advanced design software and state-of-the-art fabrication capabilities.

  • Regional Dominance: UAE, Arabian Gulf, South Asia, and Southeast Asia. NMDC Group is the leading offshore EPC contractor in the Arabian Gulf region, with a strong fabrication and installation track record across Abu Dhabi and expanding operations into Africa and the Caspian Sea.
  • Product Line: Offshore jacket and topsides fabrication, subsea pipeline installation, onshore EPC for gas processing facilities, chemical plant EPC, and port infrastructure construction.
  • Strategic Shift: In November 2024, NMDC Group was awarded a USD 300 million EPC contract from TA'ZIZ in the UAE for the development of an exclusive chemicals port, marking a strategic expansion into the chemicals and transition fuels ecosystem.
Feature Details
Establishment 1973
Headquarters Abu Dhabi, UAE
Website www.nmdcgroup.com
Core Strength Offshore EPC and fabrication expertise in the Arabian Gulf region
Key Innovation USD 300 million chemicals port EPC for TA'ZIZ UAE expanding into transition fuels


8. Petrofac Limited

Founded in 1981, Petrofac Limited is a leading international oilfield service company headquartered in London with a strong track record of delivering complex EPC and operations and maintenance contracts on time and within budget. The company's EPCIC services span offshore and onshore oil and gas production facilities, refineries, petrochemical plants, and renewable energy projects including wind farms and solar installations across global markets.

  • Regional Dominance: Middle East, North Africa, Europe, and Central Asia. Petrofac holds a well-established presence across Bahrain, Oman, and UAE, with its North Sea and Central Asian operations complementing a growing portfolio of upstream EPC and operations and maintenance contracts globally.
  • Product Line: Onshore and offshore EPC, engineering, procurement, construction, installation and commissioning (EPCIC), operations and maintenance (O&M), and training services.
  • Strategic Shift: In October 2024, Petrofac secured a two-year multi-million-dollar contract with Bapco Upstream in Bahrain to support production expansion through pipeline delivery, well hook-ups, and tie-ins, reinforcing its position as a preferred EPC partner in the Gulf.
Feature Details
Establishment 1981
Headquarters London, United Kingdom
Website www.petrofac.com
Core Strength On-time and on-budget EPCIC delivery across upstream and midstream sectors
Key Innovation Bapco Upstream Bahrain production expansion contract covering pipelines and well tie-ins


9. SAIPEM SpA

Established in 1957, SAIPEM SpA is a global engineering and construction company serving the energy and infrastructure sectors with operations in more than 60 countries. A key subsidiary of Italy's Eni S.p.A., SAIPEM provides comprehensive EPCIC services for offshore and onshore oil and gas production facilities, deepwater pipelines, refineries, petrochemical plants, and renewable energy installations. The company is renowned for its proprietary deepwater and ultra-deepwater installation capabilities.

  • Regional Dominance: Europe, Middle East, Africa, Asia Pacific, and the Americas. SAIPEM operates across more than 60 countries, with unrivaled deepwater EPCI capabilities in West Africa and the North Sea and a growing renewable energy infrastructure portfolio across European offshore wind markets.
  • Product Line: Offshore EPCIC covering platforms, pipelines, and FPSO units, onshore EPC for gas processing and refineries, drilling services, and renewable energy infrastructure including offshore wind and solar.
  • Strategic Shift: SAIPEM is executing a strategic transformation toward the energy transition, securing offshore wind farm installation contracts in Europe and investing in green hydrogen production infrastructure, while simultaneously advancing ultra-deepwater oil and gas EPCI capabilities.
Feature Details
Establishment 1957
Headquarters San Donato Milanese (Milan), Italy
Website www.saipem.com
Core Strength Ultra-deepwater EPCI with proprietary subsea vessels and drilling rigs
Key Innovation Offshore wind installation and green hydrogen infrastructure development


10. Samsung E&A

Founded in 1970, Samsung E&A is a leading South Korean EPC company specializing in comprehensive plant engineering solutions across the oil and gas, refining, petrochemical, environmental, and green energy sectors. Backed by over 50 years of accumulated global project experience, Samsung E&A has successfully executed EPC projects across the Middle East, Southeast Asia, and beyond, earning recognition as one of Asia's most competitive engineering companies.

  • Regional Dominance: Middle East, Southeast Asia, and South Korea. Samsung E&A leads EPC delivery across Saudi Arabia, UAE, Kuwait, Malaysia, and Vietnam, with its first entry into the Sustainable Aviation Fuel market in Malaysia marking a significant expansion into global bioenergy and green energy project segments.
  • Product Line: Oil and gas processing EPC, refinery and petrochemical plants, industrial environmental facilities, bio-energy plants, green energy solutions, and operations and maintenance services.
  • Strategic Shift: In December 2024, Samsung E&A secured a landmark USD 955 million contract to develop a biorefinery in Malaysia, marking its first entry into the Sustainable Aviation Fuel (SAF) market, processing 650,000 tonnes annually of waste feedstocks for a PETRONAS and Euglena joint venture.
Feature Details
Establishment 1970
Headquarters Gangdong-gu, Seoul, South Korea
Website www.samsungena.com
Core Strength Integrated plant EPC across oil and gas, refining, and green energy sectors
Key Innovation USD 955 million SAF biorefinery EPC in Malaysia marking first entry into sustainable aviation fuel


11. TechnipFMC plc

Formed in 2017 through the merger of Technip and FMC Technologies, TechnipFMC plc is a global leader in subsea and surface technologies for the upstream oil and gas industry. Headquartered in Newcastle Upon Tyne, UK, the company provides engineering, procurement, construction, and installation services across upstream, midstream, and downstream segments, with particular dominance in subsea systems, flexible pipe, and deepwater production technologies.

  • Regional Dominance: North Sea, Gulf of Mexico, West Africa, Middle East, and Asia Pacific. TechnipFMC plc commands the deepwater and ultra-deepwater subsea market globally, with its all-electric subsea systems and integrated EPCI capabilities deployed across the most technically demanding offshore environments worldwide.
  • Product Line: Subsea production systems, subsea processing and power control systems, flexible pipe and risers, floating production units including FPSOs, surface wellheads, and integrated EPCI contracts.
  • Strategic Shift: TechnipFMC plc is pioneering the industry's shift toward all-electric subsea systems, replacing hydraulic control systems with fully electric architectures to reduce lifecycle maintenance costs and carbon footprints for deepwater oil and gas clients.
Feature Details
Establishment 2017 (Technip founded 1958)
Headquarters Newcastle Upon Tyne, United Kingdom
Website www.technipfmc.com
Core Strength Market-leading subsea technologies and deepwater EPCI execution
Key Innovation All-electric subsea systems replacing hydraulic control architectures


12. Técnicas Reunidas S. A.

Founded in 1972, Técnicas Reunidas S. A. is a Madrid-headquartered global engineering and construction company specializing in the design, engineering, procurement, and construction of oil and gas facilities, petrochemical plants, and industrial complexes. Operating in over 40 countries, the company is particularly renowned for its downstream refinery and petrochemical EPC expertise, delivering some of the world's most complex refining upgrade projects on time and within stringent budget parameters.

  • Regional Dominance: Middle East, Europe, Latin America, and Asia. Técnicas Reunidas S. A. holds a particularly strong footprint across Saudi Arabia, Kuwait, UAE, and Oman, where its downstream refinery and petrochemical EPC expertise has been deployed on some of the world's most complex refining upgrade projects.
  • Product Line: Refinery EPC and revamp, petrochemical plant construction, gas processing facilities, renewable energy projects including solar and wind, front-end engineering design (FEED), and commissioning services.
  • Strategic Shift: Técnicas Reunidas S. A. is diversifying into low-carbon energy sectors, actively securing EPC contracts for green hydrogen plants and blue ammonia facilities, positioning the company at the intersection of conventional downstream engineering and the emerging energy transition economy.
Feature Details
Establishment 1972
Headquarters Madrid, Spain
Website www.tecnicasreunidas.es
Core Strength Downstream refinery and petrochemical EPC across 40 plus countries
Key Innovation Green hydrogen and blue ammonia facility EPC diversification strategy


13. Worley

Founded in 1971 and originally known as WorleyParsons, Worley is a leading global provider of professional project and asset services to the energy, chemicals, and resource sectors. Based in North Sydney, Australia, Worley has a workforce of more than 51,000 professionals in 46 countries and partners with clients to help resolve their most complex challenges throughout the entire project lifecycle from initial concepts to sustaining and enhancing assets with a bold approach to sustainability at the core.

  • Regional Dominance: Asia Pacific, North America, Middle East, Europe, and Africa. Worley employs over 51,000 professionals across 46 countries and leads the industry in energy transition project delivery, with a rapidly expanding portfolio spanning offshore wind, green hydrogen, carbon capture, and battery storage systems globally.
  • Product Line: Engineering, procurement, and construction management (EPCM), operations and maintenance, asset management, sustainability and energy transition advisory, chemicals plant engineering, and power sector services.
  • Strategic Shift: Worley has made energy transition its defining strategic priority, committing to deriving 75% of its revenue from sustainability-related activities by 2026, and actively building a project portfolio in offshore wind, green hydrogen, carbon capture, and battery storage systems.
Feature Details
Establishment 1971
Headquarters North Sydney, New South Wales, Australia
Website www.worley.com
Core Strength Global EPCM delivery with unmatched energy transition and sustainability expertise
Key Innovation 75% revenue from sustainability target covering offshore wind, hydrogen, and CCS portfolio


Frequently Asked Questions:
 

Q1. What is the current market size of the global oil and gas EPC industry?

The global oil and gas EPC market was valued at USD 55.1 Billion in 2025. IMARC Group projects the market to reach USD 78.5 Billion by 2034, growing at a CAGR of 4.00% during 2026–2034.


Q2. Who are the top oil and gas EPC companies in the world?

The leading oil and gas EPC companies include Bechtel Corporation, Fluor Corporation, John Wood Group PLC, KBR Inc., Larsen and Toubro Limited, McDermott, NMDC Group, Petrofac Limited, SAIPEM SpA, Samsung E&A, TechnipFMC plc, Técnicas Reunidas S. A., and Worley. Bechtel and Fluor consistently dominate global EPC revenue, each executing multibillion-dollar project portfolios across upstream, midstream, and downstream sectors annually.


Q3. Which segment is growing the fastest?

The upstream sector holds the largest market share within the oil and gas EPC industry. Additionally, the offshore location segment and construction service category are experiencing accelerated demand, driven by deepwater exploration activity and expanding energy infrastructure requirements in developing economies.


Q4. Which region dominates the global market share?

North America dominates the global oil and gas EPC market, led by the United States and its robust shale revolution infrastructure. The Middle East and Africa region follows closely, with Saudi Arabia, UAE, and Qatar driving large-scale conventional reserves development through state-owned EPC procurement programs.


Q5. How are leading companies gaining a competitive advantage?

Top EPC companies gain an edge through AI and IoT integration, strategic acquisitions, and geographic expansion into high-growth markets. Samsung E&A secured a USD 955 Million SAF biorefinery contract in Malaysia. NMDC Group won a USD 300 Million chemicals port EPC contract in the UAE. Petrofac reinforced its Gulf presence through a new multi-million-dollar production expansion contract in Bahrain.


Q6. Which country is home to the highest number of top-tier brands?

The United States is home to the highest concentration of top-tier global oil and gas EPC companies. Leading players including Bechtel Corporation, Fluor Corporation, KBR Inc., and McDermott are all headquartered in the U.S., reinforcing North America's dominant position in global EPC engineering and project management.


Q8. What is the largest market in the Asia-Pacific region?

China and India are the largest oil and gas EPC markets in Asia Pacific, driven by rapid industrialization, urbanization, and surging domestic energy consumption. Australia also holds a prominent position due to its significant LNG project development pipeline, generating consistent large-scale EPC investment and construction management demand.


About Author:

Aditi Kumar 

Senior Content Writer at IMARC Services Private Limited

Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels.

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