December 03, 2016 7:06 AM ET

Construction and Engineering

Company Overview of National Petroleum Construction Company Limited

Company Overview

National Petroleum Construction Company Limited operates as an integrated onshore and offshore EPC contractor. It offers EPC and EPIC project management, such as engineering, procurement, and construction (turnkey) services; fabrication and offshore installation of wellhead jackets, topsides, and modules; sub sea pipelaying, shore pull, riser installation, sub sea tie-in, mechanical anchoring, and pipeline testing; offshore modification and shut-down; offshore hook-up, pre-commissioning, and commissioning; and offshore survey services, including ROV, geographical, and geotechnical. The company also provides SPM and PLEM fabrication and installation; onshore pipelaying and onshore plants cons...

Mussfah West 5 (MW 5)

Sector no. 15 A

P.O. Box 2058

Abu Dhabi,  

United Arab Emirates

Founded in 1973

Phone:

971 2 5549000

Fax:

971 2 5549111

Key Executives for National Petroleum Construction Company Limited

Chief Executive Officer and General Manager
Chief Financial Officer
Senior Vice President of Production
Senior Vice President of Projects
Director of Is & Technology
Compensation as of Fiscal Year 2016.

National Petroleum Construction Company Limited Key Developments

Saudi Aramco Awards Long-Term Agreement to National Petroleum Construction Company

Saudi Aramco's Offshore Projects Department recently awarded a fifth Long-Term Agreement (LTA) to National Petroleum Construction Company (NPCC) of Abu Dhabi for the execution of its world-class offshore development program. In June 2015, four LTA contracts were awarded to internationally renowned Engineering, Procurement, Fabrication and Offshore installation (EPIC) contractors. Under the LTAs, contractors will be entrusted with the responsibility to deliver a huge number of offshore oil and gas producing platforms, tie-in platforms, pipelines, power cables, and all the related facilities required under the current Master Plan for Saudi Aramco's offshore fields. The LTA contracts have a fixed duration of six years with options to be extended for up to twelve years in total.

NPCP Plans To raise Funds

National Petroleum Construction Company Limited (NPCP) is planning to raise billions of U.S. dollars in debt and equity to help fund future oil and gas projects. Robert Acevski, Chief Financial Officer of NPCP states, "We are getting a financial advisor on board to work out the structure." The official said it was too early to give an exact amount, but said it would be in billions of dollars.

NPCC Reports Sales Results for the Year 2014

NPCC reported sales results for the year 2014. In 2014, NPCC recorded a 41% rise in revenue to AED 4.227 billion, aided by a robust order book secured in previous years.

Similar Private Companies By Industry

Company Name Region
Abu Dhabi General Services Company PJSC Middle East/Africa
Ahmed Ramadhan Juma Holding L.L.C. Middle East/Africa
Al Arif Group Middle East/Africa
Al Fara'a Group Middle East/Africa
Al Mostajed Technologies Co. L.L.C. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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