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World's 10 largest oil and gas contractorsby Arabian Oil & Gas Staff on Jun 29, 2009
Other stories: World's 10 largest oilfield technology companies | World's 10 largest petrochemicals companies | Oil industry giants: ADNOC | Oil industry giants: Saudi Aramco | Top 10 MENA Region mega projects | Top 10 billion dollar oil deals of the summer | 2009's winners and losers in the oil industry | 10 events in oil's history that shook the world | Top 10 Gulf mega projects | Top 10 largest publicly traded oil companies | World's 10 largest oilfield services companies | World's 10 largest oil and gas contractors
Building anything in the oil and gas industry is an extremely difficult proposition that takes a great deal of commitment and even more expertise. Just the mere thought of the amount of planning it must take to conduct a feasibility study, carry out the front end engineering and design, invite tenders and then actually build a LNG train, petrochemicals complex or offshore facility is enough to make most construction companies decide that they would be better off sticking to apartment complexes and shopping centres.
So it is with this that ArabianOilandGas.com presents the world’s 10 largest oil and gas contractors. These are the companies that are making sure the hydrocarbons industry has the state-of-the-art facilities required to maintain its position as the world's number one provider of energy.
Like our list of the world’s 10 largest oilfield services companies we have based the list solely on the last financial year’s revenues. However, some companies on the list have higher revenues than others placed above them. This is due to the fact that being conglomerates, they have a number of major interests in other areas of industry that had to be taken into account. Daelim is a good example of this as it has a number of civil infrastructure projects etc that are not oil and gas related. Also Fluor could lay a serious claim, but seeing as it was included in the oilfield services companies list, we decided to feature another company instead.
The information regarding each company was taken from its respective websites and as much as possible was double checked on other websites including www.britannica.com,
the Forbes Global 2000 list, Reuters and a number of other websites.
If you think a company is missing from our list who should have been included, please feel free to leave a comment.
- Bechtel (USA)
- Technip (France)
- Aker Solutions (Norway)
- Chiyoda Corporation (Japan)
- SNC-Lavalin Group (Canada)
- J. Ray McDermott (USA)
- JGC Corporation (Japan)
- Hyundai Heavy Industries (South Korea)
- Foster Wheeler (USA)
- Daelim Industrial Company (South Korea)
1. Bechtel ($31.4 billion)
The company has its headquarters in San Francisco and was founded in the early 1900s as a contracting business concentrating on the railroad industry. Bechtel now has 44,000 employees working on projects in nearly 50 countries.
As well as still being involved in general construction Bechtel has been heavily involved with the oil and gas industry for a number of decades. The company has built refining and chemical projects, including grassroots refineries and refinery expansions and modernisations.
Other projects include gas processing plants, major oil and gas field developments, and about a third of the world’s gas liquefaction capacity — more than any other contractor. The company has also built tens of thousands of kilometers of pipeline.
Bechtel has worked on various projects across the Middle East for all the major NOCs including Saudi Aramco, Abu Dhabi National Oil Company (ADNOC) and Qatar Petroleum.
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