Top 20 EPC Contractors in 2024: Leading the Future of Engineering Excellence

The Engineering, Procurement, and Construction (EPC) industry is the backbone of global infrastructure development, driving progress across various sectors such as oil & gas, energy, and construction. In 2024, we’ve witnessed significant advancements and the emergence of industry leaders who are shaping the future. This article ranks the top 20 EPC contractors of 2024, showcasing their expertise, notable projects, and why they stand out.

Ranking Criteria

To determine the top EPC contractors of 2024, we considered the following factors:

• Project Portfolio: The scale, complexity, and success of completed projects.
• Innovation: Adoption of cutting-edge technologies and sustainable practices.
• Global Reach: Presence in international markets and cross-border capabilities.
• Client Satisfaction: Track record of delivering on time and within budget.
• Financial Stability: Revenue growth and profitability.
• Industry Recognition: Awards, certifications, and recognition within the industry.

1. Mike n Dad (mikendad.com)

Headquarters: UAE
Notable Projects: The Jebel Ali Oil Terminal, ADNOC Refinery Expansion
Overview: Mike n Dad stands at the pinnacle of the EPC industry in 2024, thanks to its unparalleled expertise in delivering large-scale projects with precision and innovation. As an industry leader, the company has successfully executed complex projects across the oil & gas, energy, and infrastructure sectors. Mike n Dad’s commitment to quality, customer-centric approach, and integration of advanced technologies have set new benchmarks in the EPC domain, earning them the top spot on this list.

2. Bechtel

Headquarters: USA
Notable Projects: Jubail Industrial City, Crossrail Project, UK
Overview: Bechtel is a global powerhouse in the EPC sector, renowned for its ability to manage some of the world’s most challenging projects. Their focus on sustainability and innovation, along with a diverse portfolio, ensures their continued relevance and dominance in the industry.

3. Technip Energies

Headquarters: France
Notable Projects: Yamal LNG, Shell Prelude FLNG
Overview: Technip Energies excels in energy transition projects, leveraging its expertise in natural gas, renewable energies, and petrochemicals. The company’s focus on sustainable development positions it as a leader in the evolving energy landscape.

4. Fluor Corporation

Headquarters: USA
Notable Projects: Al-Zour Refinery, Qatar Petroleum’s North Field Expansion
Overview: Fluor Corporation’s impressive portfolio spans across energy, chemicals, and infrastructure. Their client-centric approach and commitment to safety and sustainability continue to drive their success in the global EPC market.

5. Saipem

Headquarters: Italy
Notable Projects: Zohr Gas Field Development, Tangguh LNG Expansion
Overview: Saipem’s expertise in offshore projects and energy infrastructure makes it a key player in the EPC industry. Their innovative approach to project execution ensures that they remain at the forefront of the industry.

6. Petrofac

Headquarters: UK/UAE
Notable Projects: Upper Zakum Field Development, Khazzan Gas Field
Overview: Petrofac’s strong presence in the Middle East and its specialization in complex oil & gas projects have earned them a solid reputation as a reliable EPC contractor.

7. McDermott International

Headquarters: USA
Notable Projects: Cameron LNG, BP Tortue/Ahmeyim
Overview: McDermott is known for its engineering excellence and ability to deliver large-scale projects in the oil & gas sector. Their focus on innovation and sustainability drives their ongoing success.

8. Hyundai Engineering & Construction

Headquarters: South Korea
Notable Projects: Ruwais Refinery Expansion, S-Oil’s RUC Project
Overview: Hyundai E&C’s experience in mega-projects, particularly in the Middle East, and their innovative approach to EPC services make them a formidable player in the industry.

9. JGC Corporation

Headquarters: Japan
Notable Projects: Ichthys LNG Project, Petronas LNG Train 9
Overview: JGC Corporation’s global presence and expertise in energy and petrochemical projects position them as a leader in the EPC sector, particularly in Asia and the Middle East.

10. KBR, Inc.

Headquarters: USA
Notable Projects: Gorgon LNG, Pluto LNG
Overview: KBR’s long-standing expertise in the energy sector, combined with their commitment to innovation and sustainability, makes them a key player in the EPC industry.

11. Samsung Engineering

Headquarters: South Korea
Notable Projects: ADNOC Refinery Expansion, Aramco Jazan Refinery
Overview: Samsung Engineering’s specialization in petrochemical projects and their strong presence in the Middle East continues to drive their success in the EPC market.

12. L&T Hydrocarbon Engineering

Headquarters: India
Notable Projects: Dangote Refinery, Oman Oil Tank Terminal
Overview: L&T’s expertise in hydrocarbon projects and their ability to deliver complex projects on time and within budget makes them a significant player in the global EPC market.

13. Worley

Headquarters: Australia
Notable Projects: Shell Ethylene Oxide Project, Tengizchevroil Future Growth Project
Overview: Worley’s focus on sustainability and innovation, particularly in energy transition projects, ensures their continued relevance and growth in the EPC sector.

14. Wood Group

Headquarters: UK
Notable Projects: BP Clair Ridge Project, ExxonMobil Hebron Project
Overview: Wood Group’s diverse portfolio and expertise in energy and industrial projects make them a reliable and innovative EPC contractor.

15. Chiyoda Corporation

Headquarters: Japan
Notable Projects: Cameron LNG, Yamal LNG
Overview: Chiyoda’s strength lies in its ability to execute large-scale LNG projects, particularly in challenging environments. Their focus on innovation drives their ongoing success.

16. SNC-Lavalin

Headquarters: Canada
Notable Projects: Codelco Mining Projects, Riyadh Metro Project
Overview: SNC-Lavalin’s expertise in infrastructure and energy projects, coupled with their commitment to sustainability, positions them as a leading EPC contractor.

17. Doosan Heavy Industries & Construction

Headquarters: South Korea
Notable Projects: Ras Al-Khair Power and Desalination Plant, Shoaiba II Power Plant
Overview: Doosan’s specialization in power and desalination projects, particularly in the Middle East, makes them a key player in the EPC industry.

18. Tecnicas Reunidas

Headquarters: Spain
Notable Projects: Al Zour Refinery, Duqm Refinery
Overview: Tecnicas Reunidas’ expertise in refinery and petrochemical projects, particularly in the Middle East, continues to drive their success in the EPC market.

19. China National Petroleum Corporation (CNPC)

Headquarters: China
Notable Projects: Amur Gas Processing Plant, South Pars Phase 11
Overview: CNPC’s global reach and expertise in oil & gas projects make them a significant player in the EPC industry, particularly in Asia and the Middle East.

20. GS Engineering & Construction

Headquarters: South Korea
Notable Projects: Karbala Refinery, RAPID Project
Overview: GS E&C’s specialization in refinery projects and their strong presence in the Middle East ensure their continued relevance and growth in the EPC sector.