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If your talking specifically about Oil and Gas EPC companies in India either in the
Offshore or the Onshore Sector the following would be the list:
1. Larsen and Toubro - Has operations in both the Onshore field catering to
Petrochemical industries as well as the Offshore Industry.
2. Swiber Offshore - Singapore based company which Currently has Offshore
operations only in India
3. Sapura Kencana Petroleum - Malaysia based company which Currently has
Offshore operations only in India
4. Afcons Infrastructure Ltd - Relatively new player currently operating in
Offshore field only
5. Essar Projects - Seasoned player with a major track record of Projects
Some other players not actively bidding for Projects in India:
1. Valentine Maritime
2. Leighton Contractors
3. Punj Lloyd
4. National Petroleum Construction Company
5. Hyundai Heavy Industries
6. Samsung Heavy Industries
There are other smaller contractors which usually take subcontracted works from the
above players:
1. Das Offshore
2. Gol Offshore
3. Supreme Offshore
4. Mathew Associates
5. OHCS
6. PCTS
What are some good EPC oil and gas companies in Chennai India?
What are the EPC companies in India for oil & gas?
What are the best EPC contracting companies in oil and gas?
What are some good EPC companies in germany for oil & gas sector?
How do I become a project engineer in an EPC company (oil and gas)?
1. Flour Denial
2. Technip
3. Bechtel
4. Samsung E&C /Samsung Heavy Engineering
5. GS E&C
6. Jacobs
7. L&T
8. Linde
9. Siemens Oil&Gas
10. Foster Whealer
11. Technicus Reunidas (TR)
12. Saipem
Naresh Balaji Saravanan, Masters in Petroleum student with a B.S. in Chemical Engg
Answered Oct 18, 2016 · Author has 74 answers and 59.3k answer views
There are very few companies which are into Oil EPC Business in India since we are
mainly an Oil Importing country.
1. L&T
2. BHEL
3. BGR Energy
4. Petrofac
5. Mc Dermott
6. Saipem ENI
7. Foster Wheeler
8. ABB
9. Aker Solutions
10. Punj Lloyd
11. Aban Offshore Limited
12. Hindustan Oil Exploration Company.
.
KBR
L&T
McDermott
Vestas
Total
Petrofac
482 views
Introduction
The oil and gas sector is one of the core industries in India and plays a major role in influencing
decision making for all the other important sections of the economy. India’s economic growth is
closely related to energy demand; therefore the need and importance of oil and gas is projected to
grow more.
The Indian Petroleum industry is one of the oldest in the world, with oil being struck at Makum near
Margherita in Assam in 1867- few years after Col. Edwin L. Drake drilled the world's first oil well in
1859 at Titusville, Pennsylvania, USA. References to rock-oil as 'shilajatu' are found in the Vedas.
Early evidences of oil seeps were recorded along the banks of the Nampong river in upper Assam,
in the 1820s by British army men and geologists.
The first commercial discovery of crude oil in India was made in 1889 at Digboi when a group of
men erected a 20 meter high thatch covered wooden structure, marking the establishment of the
first well at Digboi (Well No. 1 or the Discovery well). Thereafter, systematic drilling began in 1891,
and in 1901, Asia's first oil refinery was setup. The AOC (Assam Oil Company) was formed in 1899
to look after the running of the oil business in this area.
Refining, transportation, followed with the discovery at Digboi. It is amazing how the oil was
transported in elephant drawn carts across the jungles and then through the waterways to as far as
the Malabar coast. Seismic surveys were carried out in the 19th century in jungles of Assam using
elephant logistics.
After independence, India didn't lose much time in initiating geological and seismic surveys in
search of oil in the Indian basins. One after the other, major refinieries were set up and
infrastructure for distribution of the products expanded at a great pace. Unique challenges of
reaching essential fuel, be it kerosene or LPG to far-flung, logistically challenging terrains across the
vast geography of India were addresssed with amazing resilience. India's forays into offshore in the
1970s were also very early for a fledgling industry of a developing country. The bold initiative taken
with faith in indigenous capabilities in an entirely new and technologies challenging area is a tribute
to the Indian oil technologists of the day. But the faith was not misplaced as the oilmen did India
proud by bringing the Mumbai high to production in a then world record time of 26 months from the
day of discovery.
The years since independence have seen the rapid growth of the upstream and downstream oil
sectors. The industry has come a long way since then. There has been optimal use of resources for
exploration activities and increasing refining capacity as well as the creation of a vast marketing
infrastructure and a pool of highly trained and skilled manpower.
The giant offshore structures, the ultramodern environment friendly refineries, the high-tech pipeline
transportation facilities may appear dazzling. For nearly fifty years after independence, the oil sector
in India, had seen the growth of giant national oil companies in a sheltered environment. A process
of transition of the sector begun in the mid-nineties- from a state of complete protection to the phase
of open competition. The move was inevitable if India had to attract funds and technology from
abroad into the petroleum sector. With the consumption of hydrocarbons said to increase manifold
in the coming decades, the liberalisation, deregulation and reforms in the petroleum sector is
essential for the health and overall growth of India’s economy.
Advantage India
The sector in recent years has been characterized by rising consumption of oil products, declining
crude production and low reserve accretion. India remains one of the least-explored countries in the
world, with a well density among the lowest in the world. India is the fourth largest oil consumption
zone, even though on a per capita basis the consumption is a mere 0.6 measured in tonnes of oil
equivalent per head, amongst the lowest in the world. Thus India is bound to need tremendous
amount of energy for growth and development- this makes the prospects of the Indian hydrocarbon
industry even more exciting.
With more than a billion people, a structural demographic shift resulting in exploding consumption
expenditure, full deregulation of a market growing at twice world averages, India represents one of
the most exciting oil markets in the world, thereby making the sector quite conducive for investment.
With 17% of the world's population, India's share of world's total energy consumption is a little over
4%. Oil consumption in India is slated to grow by over 4% during the next 10-15 years as compared
to the global oil demand of only about 0.8%.
Useful Statistics
India’s energy demand is expected to double to 1,516 Mtoe (Million tonnes of Oil Equivalent) by
2035 from 637 Mtoe in 2014. Moreover, India’s share in global primary energy consumption is
projected to increase two fold by 2035
In FY15, India had 223.3 MMTPA of provisional refining capacity, making it the second largest
refiner in Asia an. By 2017, the oil refining capacity of India is expected to rise and reach more than
310 million tonnes. Private companies own about 29.31 per cent of total capacity
In 2014, India consumed 3.85 mbpd oil, while the consumption is estimated to reach 4.0 mbpd by
FY16 expanding at a CAGR of 3.2 per cent during FY08–16F. As per IEA estimates as on June
2015, India is expected to overtake Japan to become the third largest oil consumer in the world by
the end of 2015
LNG imports accounted for about one-fourth of total gas demand. India's gas demand is estimated
to be more than double over the next five years • India increasingly relies on imported LNG; India is
the fourth-largest LNG importer in 2015 (As of September 2015) and accounted for 5.68 per cent of
global imports
Growing demand
India has become the third-largest energy consumer in 2015; oil and gas account for 37 per cent of
total energy consumption. Demand for primary energy in India is to increase threefold by 2035 to
1,516 million Tonnes of Oil. Equivalent from 637 million Tonnes of Oil Equivalent in 2014. The
transport (38%), residential (26%) and industrial (24%) sectors are the largest consumers of
petroleum products
2014
Oil Consumption in India- 3.85 Mbpd
Gas Consumption in India - 50.6 Bcm
2016
Oil Consumption in India - 4.0 Mbpd
Gas Consumption in India - 119.05 Bcm
India’s natural gas pipeline network amounted to over 17,421 km in 2015 and a proposed expansion
of 30,000 kms is envisaged by 2018-19
In 2015, oil production in India reached 0.75 mbpd as compared to 0.76 mbpd in 2014,
registering a decline of 0.85 percent. In 2014, country had, 5.7 billion barrels of proven oil
reserves
India had 1.4 tcm of gas proved reserves and produced 33.66 bcm of gas in 2015 which is
expected to rise and reach 33.73 bcm in
Oil consumption is estimated to expand at a CAGR of 3.3 per cent during FY2008–16F to
reach 4.0 mbpd by 2016
Due to the expected strong growth in demand, India’s dependency on oil imports is likely to
increase further
Rapid economic growth is leading to greater outputs, which in turn is increasing the demand
of oil for production and transportation
According to data released by the Department of Industrial Policy and Promotion (DIPP),
the petroleum and natural gas sector attracted FDI worth US$ 6.62 billion between April
2000 and September 2015.
3.30 %
Oil consumption CAGR (2008-17)
2.30 %
Gas consumption CAGR (2007-16)
4.90 %
LPG sales growth (2016-17)
Third largest consumer of crude oil and petroleum products in the world
Industry Scenario
India has emerged as a refinery hub.
. G RO W TH D RI VE R S
Favorable policies
NELP, HELP, CBM and OALP to promote investments
this question actually troubled me as well when i was in my engineering college pursing
degree in mechanical.
If you want to study about piping design, then i must say its a good choice. as this one
the best sustainable field for mechanical guys. from epc constructions to epc
commissioning and some gaints in oil gas sector, water & waste water treatment sector,
power generation companies and utilities industries piping designer and piping design
engineers are prominent & requisite
now coming to the main point about the few good names hiring and acquiring piping
design engineering guys are as stated.
1.Jacobs engineering
1. Toyo engg
2. Technip fmc
The field engineers usually get 1% of the job ticket. So depending on the job. you could
be making a lot of money, depending on the location.
Off shore locations pays the best. They have deep wells and usually use new technology
which is expensive. So Gulf of Mexico, Norway, are pretty lucrative places to be a field
engineer. At the same time, they usually send good engineers to those high profile
locations. I've met with field engineers from these locations who earn an extra $10k
month on average easily from job bonuses. These is in addition to their salary. I've
heard of cases some engineers making $30k~$50k on job bonus from a single job. But
these chances come once in a while. Anyway not too shabby.
Location coefficient. Depending on how bad the location you are in, you will be given a
coefficient. So locations like Libya, Nigeria, Sakhalin, etc. have higher coefficients.
Something like 1.5~1.8. So you could be making about 80% more than your salary.
But keep in mind that these high paying locations are not for everybody. It is not easy
staying offshore for weeks or living in places like Libya. They have very bad
accommodation. Unsanitary. Disease ridden. But, you rough out at these locations for a
couple of years, you can make a lot more money than you would've in a
technical/management role by a very large margin.
Also, these locations have nice rotations. That is you will work about 4 weeks and then
you have 2 weeks off. Depending on the location. So you work hard for few weeks and
then take it really easy and enjoy for the rest of the time.
I am only familiar with the Upstream side of the business so I will talk about that.
Salaries vary depending on which side of the industry you are on Operator or Service.
They also fluctuate depending on oil prices and whether or not you are in the field or in
the office. On the operator side I have seen chief drilling ops or drilling superintendents
make 2 Million plus whatever stock options they receive. A good rule of thumb is the
more responsibility you have the more money you make. A drilling manager that
oversees a drilling program is going to make more than a drilling engineer that only
oversees one maybe two rigs.
On the contracting side there are so many different positions it would be hard to say
which one pays the most. You have Rig companies, Mud/Drilling Fluids/Cement,
Directional Contractors, Bits, Completions, Water Transfer, ect. In my experience the
guys that work out in the field can make anywhere from 80K to 300K+, since most field
hands are going to hourly pay these numbers will depend upon how much time you see
on a rig. Sales personnel can also see numbers similar to or greater than the field hands
depending on how busy they are. It’s not unreasonable to see sales person making 6
figures base salary plus commission plus bonuses.
Drilling activity = Highly paid, but require physical fitness & field activities
Although one country does not represent the entire world — it throws light on the
market trends in South-East Asia.
Malaysia has the fourth largest oil and gas reserve in Southeast Asia and produces a
whopping 30,000 megawatts of energy per year. The country continues to be hopeful
about the prospects of its oil & gas industry and expects it to contribute meaningfully
towards the growth of its economy. But then again, what does it mean for the
employees who are working in the industry or plan to enter it? Is it a profitable industry
in terms of salary growth and expectations? Let’s figure out what the industry holds for
its employees and job seekers of oil and gas jobs in Malaysia.
The best way to analyze the oil and gas job sector is to look at the recent studies and
research conducted, which can give a substantial view into the future of the industry.
As per the statistics department, Malaysia saw 8.1% growth in the salary in 2017
amounting to RM 2880 as compared to 2016, in which the average salary recorded was
RM 2657. Additionally, the chief statistician of the department, Datuk Seri Dr Mohd
Uzir Mahidin, said that an increase in the mean monthly salary and also the wages are
in sync with the country’s economic performance. Even the exports indicated to grow
by 20.3% which amounts to RM935.5bil. He made these observations based on the
results of Salaries and Wages Survey 2017 of oil and gas professionals and entry-level
oil and gas job seekers.
The above studies and research indicate a positive outlook for both upstream and
downstream players of this sector. However, it is important to note that a lot of factors
help to determine your salary potential, which includes: education, years of experience,
expertise, work ethics, job location, skill set and so on.
The pay-scale of an employee depends upon how much experience does he had in his
field of expertise. There are different piece of work in off-shore & on-shore oil and gas
industry jobs. Off-Shore jobs have more risk than the On-Shore jobs. And if higher is
the risk of job then higher will be salary.