17 November 2020 - 15:43
  • News Code: 309734
MAPNA among Top 10 Oil Contracting Firms in MENA

TEHRAN (Shana) – Iran’s MAPNA Group has been ranked among the top 10 contracting companies in the Middle East and North Africa region by Meed Economic Review (MEED).

Mapna Group has performed well in the domestic market in the oil, gas and petrochemical industries and has succeeded in signing a $876 million contract for the development of Parsi and Paranj oil fields with the National Iranian South Oil Company (NISOC).

In this ranking, the Japanese company JGC for a contract with the Iraqi Ministry of Oil at the Basra refinery and a contract with the Saudi company Aramco for the East Saudi gas field, the Korean engineering company Samsung for contracts for a reservoir gas storage project in Saudi Arabia and the Hassi Messaoud refinery project in Algeria, Spanish company Tecnicas Reunidas for a joint contract with Samsung to operate the Algerian Hassi Messaoud refinery and another contract for the installation of a salt water unit at the Aramco refinery were chosen as other top contractors of the MENA region.

China Petrochemical Engineering Company is fourth with seven contracts in Algeria, Iraq and the United Arab Emirates.

The fifth, sixth and eighth EPC contractors in this ranking are Egypt’s Petrojet, NPI and Egyptian Petrochemical Construction Company, which have signed contracts to operate hydrocarbon projects in Egypt.

The French company Technip is ranked ninth. This ranking is due to the company's contribution to the EPC project for the construction of a hydrocracking complex at the Assiut oil refinery in Egypt.

The final ranking of the list belongs to the Greek company Archirodon Group, which has won a contract from the onshore sector of the Abu Dhabi National Oil Company (ADNOC) to develop the Abu Dhabi "Bob" oil field.

News Code 309734

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