Below you can find the list of 5 largest EPC companies in the world. For a detailed coverage of this topic and a more comprehensive list, please see this article.
5. Saipem
Revenue – $10,886 million
Number of employees – 34,000
Italian EPC company, Saipem reported won $2.9bn in contracts in Q1, 2019. The company won two contracts worth $100mn for offshore drilling work in Norway and a three-year contract in the Middle East, recently.
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4. Technip FMC
Revenue – $13,409.1 million
Number of employees – 37,000
London based Technip FMC provides all round solutions and project life cycle services for the energy sector. The company executed a new manufacturing, aftermarket and training facility in Dhahran, Saudi Arabia, in 2018.
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3. Fluor (NYSE:FLR)
Revenue – $14,348 million
Number of employees – 53,349
American, engineering and construction company, Fluor, provides engineering, procurement, construction (EPC), maintenance and project management services. The company’s energy and chemicals business reported a loss of $95 million in 2019, as opposed to a $335 million profit in 2018. The company faced a fall in awards which fell to $3.7 billion from $10.6 billion in 2018. Earlier Fluor had won the EPC contract for Halliburton’s Specialty Chemicals Manufacturing Reaction Plant in PlasChem Park, Jubail to produce a wide range of specialty chemical products.
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2. Hyundai Engineering & Construction
Revenue – $15,596 million
Number of employees – 5,759
Hyundai E&C came into existence in 1999 with the merger of Hyundai Construction and Hyundai Engineering. The South Korean giant, involves in civil engineering, architecture, plant, power, offshore and nuclear power stations. In 2019, the company signed contracts worth $2.7 billion with Saudi Aramco. The company ranks highly on the sustainable front.
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1. Bechtel
Revenue – $21,800 million
Number of employees -55,000
USA’s engineering, procurement, construction, and project management company, Bechtel captures the number 1 spot on the list of the largest EPC companies in the world. The company is also one of the largest privately held American companies. The company won the contract with NextDecade for the first phase of the Rio Grande liquefied natural gas project. Bechtel has successfully completed 14 large-scale LNG production trains in the last 5 years for big energy players like Cheniere (NYSE:LNG), Chevron (NYSE:CVX), ConocoPhillips (NYSE:COP) and others.
See also 15 Largest Drilling Companies in the World and 15 Largest Cement Companies in the World
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