The Mena region’s 40 biggest projects in oil and gas, and related industries, including petrochemicals, is dominated by the GCC-member countries and specifically by projects in the UAE and Saudi Arabia.

Top 20 oil and gas EPC clients by projects under execution
Client Contract value ($m)
Saudi Aramco 19,189
Abu Dhabi Oil Refining Company (Takreer) 12,845
Sadara Chemical Company, Saudi Arabia 9,295
Yanbu Aramco Sinopec Refining Company, Saudi Arabia 8,408
Kuwait Oil Company  7,555
Abu Dhabi Marine Operating Company (Adma-Opco) 5,660
Abu Dhabi Gas Development Company (Al-Hosn Gas) 5,511
Zakum Development Company (Zadco), UAE 5,122
Abu Dhabi Gas Industries (Gasco) 4,388
Abu Dhabi Polymers Company (Borouge 4,181
PetroRabigh, Saudi Arabia 3,852
Egypt Hydrocarbon Corporation 3,789
Egyptian Refining Company 3,500
Sonatrach, Algeria 3,470
Al-Jubail Petrochemical Company (Kemya), Saudi Arabia 3,460
Abu Dhabi Company for Onshore Oil Operations (Adco)  2,841
Kuwait National Petroleum Company 2,637
RasGas, Qatar 2,500
Qatargas  1,835
Egyptian Ethylene & Derivatives Company 1,600
Source: MEED Projects

Projects in the UAE account for seven of the 10 biggest EPC projects under execution and 46 per cent of the region’s 40 biggest projects. Abu Dhabi’s offshore developments on the Upper Zakum and Satah al-Razboot (Sarb) fields are the only projects to enter the top 10 in 2013. Much of the value of the 40 projects comes from megaprojects that began construction in 2009-10, including the Ruwais refinery expansion, the Shah sour gas development, and the Integrated Gas Development, which links offshore fields to onshore gas processing.

Analysed by project owner, Saudi Arabia’s national oil company Saudi Aramco is the clear leader, with more than $19bn-worth of projects under execution, while joint-venture operating companies take third and fourth place on the table.

Top 15 oil and gas EPC contractors by contracts under execution*
Contractor Contract value ($m)
Samsung Engineering, South Korea 11,726
Petrofac, UK 10,462
Daelim, South Korea 9,866
SK Engineering & Construction, South Korea 8,984
GS Engineering & Construction, South Korea 7,834
Saipem, Italy 7,815
Tecnicas Reunidas, Spain 5,534
Hyundai Engineering & Construction, South Korea 4,830
JGC Corporation, Japan 3,408
McDermott, US 2,256
Consolidated Contractors Company, Athens-based 2,255
Fluor Corporation, US 2,130
Larsen & Toubro, India 2,099
National Petroleum Construction Company, UAE 2,051
Technip, France 1,972
*=End of Q2 2013. Source: MEED Projects

South Korea’s Samsung Engineering leads the list of EPC contractors working on oil and gas contracts under execution. The company is engaged in more than 15 projects in the region, including two $2bn-plus schemes on Abu Dhabi’s downstream operations in Ruwais and several other major packages in the UAE, Saudi Arabia and Iraq.

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