What STEP Oil & Gas does

STEP Oil & Gas Servicos LTDA is a privately held Brazilian engineering company that delivers integrated EPCI (Engineering, Procurement, Construction, and Installation) solutions for the offshore oil and gas industry. Headquartered in Rio das Ostras/RJ within a 28,000m² industrial campus adjacent to the Port of Macaé, the company executes complete design, fabrication, and installation projects for FPSOs, fixed and floating offshore platforms, subsea equipment, pipelines, and processing plants. Its client base comprises major oil and gas operators and service companies including Equinor, SLB, PRIO, Altera, and Aker Solutions, with active operations across seven countries — Brazil, Portugal, Norway, Namibia, USA, Romania, and Guyana.\n\nThe company's core service portfolio spans six modules: Engineering & Design (concept design, FEED, 3D scanning, and Digital Twin); Procurement (specialized materials, qualified supplier management, and Repetro regime handling); Construction (fabrication of piping and metal structures in exotic alloys including super duplex, duplex, inconel, and titanium, supported by 85+ qualified weld procedures); Installation (offshore mechanical assembly, piping, and commissioning); a proprietary Pressurized Habitat solution (PETROHAB) enabling hot work in classified hazardous zones 1 and 2 without production shutdown; and Step ManPower supplying IRATA-certified rope access, welding, and instrumentation technicians. Technology investments center on Digital Twin simulation paired with predictive analytics and machine learning for asset lifecycle management, and on 3D scanning and digital dimensional control used to reduce rework during fabrication and retrofit work.\n\nSTEP Oil & Gas operates a project-based professional-services revenue model with quote-driven pricing negotiated per scope and multi-year contract cadence. Go-to-market is direct enterprise sales targeting IOCs, NOCs, and FPSO operators, supported by a network of regional offices in oil and gas hubs (Stavanger, Lisbon, Bucharest, Houston, Georgetown, Windhoek). The company is independently owned with no disclosed external investors, holds ISO 9001, ISO 14001, and ISO 45001 certifications, and employs 101–250 staff.

Name

STEP Oil & Gas

Legal name

STEP Oil & Gas Servicos LTDA

Website

https://step-og.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

STEP Oil & Gas is a privately held Brazilian engineering company providing integrated EPCI (Engineering, Procurement, Construction, and Installation) solutions for FPSOs, offshore platforms, and production assets, serving operators such as Equinor, SLB, PRIO, and Aker Solutions across seven countries.

Ownership category

akta.pro rank

Headquarters

HQ city

Rio Das Ostras

HQ country

Brazil

HQ region

Latin America

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Technology or R&D

Revenue model

1. Engineering Services: Detailed engineering for FPSOs, structural and mechanical design, piping engineering, FEED studies, and concept design services for onshore and offshore projects
2. Procurement Services: Acquisition and management of specialized materials and equipment, supplier qualification, inspection and receipt of materials, Repetro tax regime management for imports/exports
3. Construction and Fabrication: Construction and assembly of modules for FPSOs, fabrication of metal structures, assembly of skids and equipment, including site preparation, fabrication, and quality control services
4. Installation Services: Installation of modules on FPSOs and platforms, offshore mechanical assembly, piping and equipment installations, commissioning, and final handover services
5. Specialized Manpower Services: Provision of specialized technical workforce including welders, fitters, platters, mechanics, electricians, instrumentation technicians, NDT inspectors, IRATA rope access technicians, and scaffolders

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

STEP Oil & Gas is a Brazil-based engineering company providing integrated EPCI (Engineering, Procurement, Construction, and Installation) solutions for the offshore oil and gas industry. It designs, fabricates, installs, and maintains piping systems, steel structures, modules, and equipment for FPSOs, offshore platforms, and production facilities.

Product overview

STEP Oil & Gas is an engineering company offering integrated EPCI (Engineering, Procurement, Construction, Installation) solutions for the oil and gas industry, specializing in FPSOs, offshore platforms, and production assets. The portfolio consists of five core service modules: Engineering & Design (covering concept design, FEED, 3D scanning, Digital Twin), Construction (fabrication of piping, metal structures, quality control), Procurement (supply chain management, Repetro), Installation (equipment and structure installation with commissioning), and Pressurized Habitat (hot work solution for hazardous areas). The company also provides Step ManPower as a specialized workforce solution.

Differentiator

Problem solved

Functional benefit

Products and services

• EPCI Solutions Integrated Engineering, Procurement, Construction, and Installation solutions for FPSOs, offshore platforms, and production assets, delivered from concept to commissioning under single-source responsibility.
• Engineering & Design Comprehensive engineering solutions including concept design, FEED, detailed engineering for FPSOs, structural and mechanical design, piping engineering, 3D scanning, and Digital Twin services for onshore and offshore projects.
• Construction Manufacturing, assembly, and installation services for pipelines, metal structures, FPSO modules, skids, and industrial components with rigorous quality control, including exotic steel spool fabrication.
• Procurement Supply chain management including supplier selection and qualification, purchasing, logistics, inspection, Repetro tax regime management, and overseas procurement of specialized materials and equipment.
• Installation Onshore and offshore installation of modules, equipment, piping, and industrial structures on FPSOs and platforms, including offshore mechanical assembly, commissioning, and final handover.
• Pressurized Habitat Pressurized habitat solution (in partnership with PETROHAB LLC) enabling hot work such as welding and cutting in classified hazardous areas (zones 1 and 2) without production shutdown, using modular barriers, positive pressure, and active gas detection.
• Step ManPower Specialized technical workforce solutions including welders, fitters, platters, mechanics, electricians, instrumentation technicians, NDT inspectors, IRATA rope access technicians, and scaffolders.

Quantifiable outcome

• Rigorous quality control with 3D and digital dimensional control reducing errors and rework
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Zentech IncorporatedcoreStrategic or Co-development Partner · 20 October 2025Global strategic alliance with Zentech Incorporated, a Houston-based marine engineering, project management, and naval architecture firm with 46+ years of experience across 6 international locations. Focus areas include Brazil, Europe, and West Africa for joint operational activities offering engineering, field services, procurement, fabrication, construction, and technical support to oil and gas companies, marine companies, offshore renewable operators, rig operators, and shipyards. The partnership combines STEP's construction excellence with Zentech's engineering and technical advisory expertise for EPCI project execution.
• PETROHAB LLCcoreTechnology or IntegrationExclusive partnership with PETROHAB LLC for pressurized habitat solutions. STEP represents PETROHAB's pressurized habitat technology enabling hot work in classified hazardous areas (zones 1 and 2) without production shutdown. The solution uses modular physical barriers with positive pressure systems and active gas detection, enabling welding and cutting in complex offshore environments with full fire and explosion protection. This partnership extends STEP's safety service offerings for maintenance interventions.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Aker Solutions: Norwegian-headquartered provider of engineering, procurement, construction and installation services for offshore oil and gas, including FPSO and platform scopes. Directly comparable to STEP on offshore EPCI delivery model and customer base (and is itself a STEP customer/partner).
• SBM Offshore: Dutch FPSO leasing and EPCI specialist operating the world's largest fleet of floating production systems. Directly comparable to STEP's FPSO-focused fabrication and installation work for the same operator client base.
• Saipem: Italian-headquartered global engineering and construction company with major offshore EPCI capabilities across FPSOs, platforms, subsea and pipelines. Closely comparable to STEP on integrated offshore EPCI delivery.
• Subsea 7: Global contractor delivering subsea construction, pipelay and offshore installation services for oil and gas operators. Comparable to STEP on offshore mechanical assembly, piping and subsea infrastructure scopes.
• TechnipFMC: Integrated subsea, surface and offshore engineering contractor serving FPSO, platform and pipeline projects globally. Comparable to STEP on the engineering and installation pillars of offshore EPCI.
• McDermott International: Houston-based EPCI provider for offshore and subsea oil and gas projects, with strong track record in fabrication of offshore structures. Directly comparable to STEP on integrated offshore EPCI and fabrication model.
• MODEC: Japanese FPSO specialist providing EPCI and life-of-field services for floating production systems. Comparable to STEP on FPSO module fabrication and offshore installation delivery.

Broad incumbents

• Wood (formerly Wood Group): Large UK-headquartered energy services and engineering firm with significant offshore and upstream project execution capabilities. Overlaps with STEP across engineering and project services but operates at much larger scale.
• KBR: Global engineering, procurement, construction and government services company with offshore oil and gas project delivery. Overlaps with STEP on engineering and construction modules but at much broader portfolio and scale.
• Fluor Corporation: Large global EPC firm with offshore oil and gas, pipelines and energy transition capabilities. Comparable to STEP on EPCI execution model but operating at significantly greater scale and diversification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about STEP Oil & Gas