What Arkad does

Arkad S.p.A. is an Italian-headquartered Engineering, Procurement, Construction and Commissioning (EPC) contractor serving the global energy industries, with operational roots dating to 1963 (originally as SOIMI), ABB ownership from 1989 to 2019, and rebranding to Arkad S.p.A. upon its independence from ABB. The company executes complex projects for national and international energy majors (Sonatrach, ENI, Shell, ADNOC, KOC, Saipem, Total, OMV, PDO, PTTEP, ThaiOil, Bulgartransgaz, Medgaz, SQM) across four product lines: Upstream Solutions (gas plants, wellhead-to-treatment facilities, offshore platforms), Midstream Solutions (onshore/offshore pipelines, compressor and pumping stations, terminals, LNG regasification), Power Generation Solutions (simple cycle, cogeneration, modular plants and balance-of-plant), and New Energy Solutions (pressurized waste-to-syngas gasification and syngas-to-fuel routes including hydrogen, methanol, DME, sustainable jet fuel, and HVO via the ENI Gela Biorefinery).

Arkad differentiates through proprietary and licensed technology — notably the JNG-licensed EADS (Efficient Ammonia-Based Desulfurization) and ADSC (Integrated Ammonia-based Desulfurization and Decarbonization) processes that convert SO2 and CO2 into saleable ammonium fertilizers with up to 50% lower operating cost versus alternatives — and through its zero-Lost-Time-Injury track record since October 2016, with ISO 45001 and ISO 14001 certification and an Open-es Level 11/12 sustainability benchmark. Its revenue model is project-based: large fixed-sum and cost-plus EPC contracts awarded through direct enterprise sales to NOCs and IOCs, often via consortium structures (e.g., Petrojet for the ~$1.1 billion Hassi Bir Rekaiz Phase 2 contract), with delivery across regional offices in Milan (HQ), Algiers, and Abu Dhabi. Customer engagement is relationship-driven, supported by 50+ years of presence in legacy markets (notably Algeria) and a deep execution talent base built over nearly 60 years and 300+ delivered projects in 30+ countries.

Name

Arkad

Legal name

Arkad S.p.A.

Website

https://arkadspa.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

251–500 employees

Short description

Arkad S.p.A. is an Italian-headquartered EPC contractor delivering upstream, midstream, power and energy-transition projects — including waste-to-syngas and SAF — to NOCs, IOCs and energy majors across 30+ countries.

Ownership category

akta.pro rank

Product category

EPC Engineering and Contracting Services

NAICS

Engineering Services (541330)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Combined Cycle & Cogeneration (CHP) EPC (EUAEAAAB)

Keywords

• EPC contracting services
• Oil and gas engineering
• Energy transition solutions
• Pipeline construction services
• Power plant construction

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Project Contracts: Arkad generates revenue primarily through large-scale EPC (Engineering, Procurement, Construction and Commissioning) contracts for energy-sector clients. Projects are typically one-time, project-value-based engagements involving design, procurement, construction, and commissioning of oil & gas, power, and energy transition infrastructure. Revenue is earned as a fixed-sum or cost-plus contract for the delivery of a defined project scope.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Arkad S.p.A. is an Engineering & Contracting (EPC) company delivering end-to-end Process Design, Engineering, Procurement, Construction and Commissioning solutions for the Energy Industries. Its portfolio spans upstream gas and oil processing facilities, midstream pipelines and storage, power generation plants, and energy transition offerings including waste-to-syngas, syngas-to-fuel (hydrogen, methanol, SAF, DME), and licensed ammonia-based desulfurization (EADS) and desulfurization-decarbonization (ADSC) technologies.

Product overview

Arkad S.p.A. is an Engineering & Contracting Company with 60 years of experience providing full-range EPC solutions to the Energy Industries. The company operates four core product lines: Upstream Solutions (gas plants from wellhead to treatment centers, offshore platforms), Midstream Solutions (pipelines, compressor stations, terminals, LNG regasification), New Energy/Waste to Syngas Solutions (circular economy through waste-to-syngas and syngas-to-fuel including SAF, hydrogen, methanol, DME), and Power Generation Solutions (simple cycle, cogeneration, modular plants). Supporting services include Basic Design, FEED, Project Engineering Management, and Commissioning & Start-up. The company has delivered 300 projects in over 30 countries across Europe, North Africa, and Middle East.

Differentiator

Problem solved

Functional benefit

Products and services

• Upstream Solutions Design and construction of upstream gas plants from wellhead to treatment centers, including wellhead facilities, gas/oil gathering plants, tri-phase separation plants, gas lift/injection units, and offshore production platforms. Targeted at upstream oil and gas operators.
• Midstream Solutions Execution of complete energy transportation and storage plants including onshore and offshore pipelines, gas compressor stations, hydrocarbon pumping stations, terminals, storage units, and LNG regasification plants. Targeted at oil and gas pipeline and storage operators.
• New Energy / Waste to Syngas Solutions Circular economy and energy transition solutions using pressurized gasification to convert waste feedstock to syngas, plus syngas-to-fuel applications producing hydrogen, methan gas, methanol, diesel, sustainable jet fuel (SAF), and dimethyl ether (DME). Targeted at refiners, power producers, and energy transition developers.
• Power Generation Solutions Complete power plant solutions including simple cycle power plants, cogeneration, modular plants, and balance of plant services covering engineering, supply, construction and commissioning. Targeted at utilities and industrial power consumers.
• EPC (Engineering, Procurement, Construction and Commissioning) Services End-to-end EPC service delivery from process design and engineering through procurement, construction and commissioning for oil and gas, power, and energy transition infrastructure projects. Targeted at NOCs, IOCs, utilities, and energy transition developers.

Quantifiable outcome

• Up to 50% reduction in operating costs compared to other desulfurization technologies through EADS technology
• +3 more outcomes

Named customers14 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Five partnerships are on record, tiered flagship, supporting and core.

• PetrojetflagshipStrategic or Co-development Partner · 20 October 2025Consortium led by Petrojet (Egypt) with Arkad as partner awarded DZD162 billion (approximately $1.08-1.1 billion) contract in October 2025 for Phase 2 Development of the Hassi Bir Rekaiz oil field in Algeria. Petrojet brings extensive experience in large-scale energy projects and strong local operational capabilities in Algeria. The project involves EPC of a Central Processing Facility for crude oil and associated gas treatment.
• Sonatrach and PTTEP (Groupement HBR Joint Venture)flagshipStrategic or Co-development Partner · 20 October 2025The Hassi Bir Rekaiz project is executed through Groupement HBR, a joint venture between Sonatrach (Algerian national oil company) and PTTEP (Thai national oil company). Arkad serves as EPC contractor within this JV structure for the Phase 2 development, including construction of a Central Processing Facility, off-plot pipelines, utilities, and infrastructure.
• SupplHisupportingTechnology or Integration · 29 June 2023Arkad adopted the SupplHi vendor management portal in June 2023 for supplier scouting, qualification, and rating processes. SupplHi is a shared platform within the Oil & Gas and Power Industry community, bringing together EPC contractors, end users, and suppliers. The platform covers over 74,000 registered suppliers across 110 countries with SaaS infrastructure.
• JNG (Jiangnan Environmental Protection Group Inc.)coreTechnology or Integration · 3 January 2023Joint Cooperation Agreement signed on January 3, 2023 between Arkad S.p.A. and JNG for the promotion of EADS (Efficient Ammonia-Based Desulfurization) and ADSC (Integrated Ammonia-based Desulfurization and Decarbonization) technologies globally. The partnership covers Italy, Algeria, Saudi Arabia, and all countries neighboring the Mediterranean Sea. Arkad provides EPC works expertise and global market footprint while JNG contributes full mastery of the EADS and ADSC processes, which convert SO2 and CO2 into fertilizers with up to 50% lower operating costs.
• Open-es Community (Eni, Boston Consulting Group, Google Cloud)coreStrategic or Co-development Partner · 1 January 2021Arkad joined the Open-es Community in 2021, a digital platform created through a partnership between Eni, Boston Consulting Group (BCG), and Google Cloud dedicated to promoting sustainability across industrial supply chains. Arkad reached Level 11/12 on the Open-es platform, ranking among top-benchmark companies for sustainability performance.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Saipem: Italian-headquartered global EPC contractor for oil & gas, pipelines and energy transition; competes for the same NOC/IOC upstream and midstream tenders Arkad targets.
• Larsen & Toubro (L&T) Energy Hydrocarbon: Indian conglomerate with large-scale EPC capabilities in oil & gas, pipelines and energy transition; increasingly competes for MENA mega-projects.
• Wood Group: UK-based engineering and project delivery contractor across upstream, midstream, refining and energy transition; competes for the same IOC/NOC frameworks.
• Worley: Australia-headquartered energy, chemicals and resources project delivery and consultancy; competes in upstream EPC and energy transition engineering.
• Maire Tecnimont: Italian EPC group (Maire/Tecnimont/NextChem) active in refining, petrochemicals and energy transition; comparable in geographic reach and customer base.
• McDermott International: Global EPC contractor for offshore, onshore and energy transition projects; competes for ADNOC, Shell, ENI, and Total-style mandates across the Middle East and Africa.
• Technip Energies: Global EPC and project management contractor in LNG, refining, petrochemicals, and energy transition; competes directly for midstream and biofuel projects like ENI Gela.

Regional players

• Petrojet: Egyptian EPC contractor that leads Arkad's consortium on the Hassi Bir Rekaiz project; a regional peer serving North African and MENA oil & gas clients with similar upstream scope.

Direct peers

• Bonatti: Italian mid-sized EPC contractor serving oil & gas and energy clients across Europe, MENA and Latin America — closest direct comparable by size, geography and customer mix.
• Petrofac: UK-based EPC and operations services contractor focused on upstream, midstream and energy transition for NOCs/IOCs in MENA and North Africa — the same core geographies as Arkad.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInit.linkedin.com/company/arkad-spa

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 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 Arkad