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The Oil and Gas Engineering, Procurement and Construction (EPC) market is a subset of the construction industry that specializes in the development of oil and gas infrastructure. This includes the design, engineering, procurement, construction, commissioning and maintenance of oil and gas facilities. The EPC market is highly competitive and requires a high level of technical expertise and experience. Companies in the market must be able to provide a wide range of services, from project management to engineering and construction.
The EPC market is driven by the need for energy and the increasing demand for oil and gas. Companies in the market must be able to provide a comprehensive range of services, from project management to engineering and construction.
Some of the major players in the Oil and Gas EPC market include Bechtel, Fluor, KBR, TechnipFMC, Saipem, McDermott, Chiyoda, Wood, Petrofac, and Subsea 7. Show Less Read more