TP Engineering
TP Engineering is a private international EPCM contractor providing engineering, procurement, construction, and management services for oil refineries and petrochemical facilities, primarily serving the LUKOIL group and related industrial operators across Russia, Azerbaijan, and Central Asia.
- Company typePrivate
- Founded1995
- HeadquartersVilnius, Lithuania
- Headcount51–100
- GTM typeB2B
- OfferingServices
What TP Engineering does
TP Engineering (legal name: TP Engineering QSC, DBA "tpe") is a private international EPCM contractor founded around 1995, headquartered in Baku, Azerbaijan with the corporate website registered in Vilnius, Lithuania. The company delivers engineering, procurement, construction, and management services for oil refineries and petrochemical facilities across four core service lines: project management and supervision, major overhaul and shutdown maintenance, asset management and process optimization, and capital construction. Supporting infrastructure includes tpe Academy (corporate training), a Production and Logistics Center in Engels (Saratov Region, Russia), an accredited Testing Laboratory established in 2026, and a Knowledge Management System implemented to ISO 30401:2018.
The business model is professional services-based, operating on project-specific, quote-driven multi-year contracts with major industrial clients. Customer concentration is heavy within the LUKOIL group, with documented engagements at LUKOIL-Permnefteorgsintez, LUKOIL-Nizhegorodnefteorgsintez, and LUKOIL-Volgogradneftepererabotka, alongside LUKOIL-affiliated petrochemical assets Stavrolen and Saratovorgsintez. Non-LUKOIL engagements include the 444 MW Combined Cycle Gas Turbine project at Lietuvos Elektrine in Lithuania and a United Nations contract for methane emission monitoring across approximately 24,000 Uzbek gas facilities. Proprietary technical assets include RCM (Reliability-Centered Maintenance) methodology implementation, the KEDO personnel electronic document management system, the Mirage 1500i flange sealing machine, and advanced LDAR technologies.
The go-to-market is enterprise field sales with direct engagement to industrial operators and government bodies; sales cycles are long given the complexity and capital intensity of refinery, petrochemical, and power generation projects. The company operates across Russia, Azerbaijan, Lithuania, Uzbekistan, and adjacent regions, with 200+ completed projects reported over 30+ years and the capacity to mobilize 800+ specialists for a single turnaround. Recent strategic moves indicate active expansion into China (BBMG Group), Central Asia and the Middle East (AZMADE Group), and the Caspian supply chain (Saratov Region Ministry), alongside capability build-out through tpe Academy and the Testing Laboratory.
TP Engineering firmographics
Firmographics- Name
- TP Engineering
- Legal name
- TP Engineering QSC
- Website
- https://tp-eng.eu
- Company type
- Private
- Founded year
- 1995
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- TP Engineering is a private international EPCM contractor providing engineering, procurement, construction, and management services for oil refineries and petrochemical facilities, primarily serving the LUKOIL group and related industrial operators across Russia, Azerbaijan, and Central Asia.
- Ownership category
- akta.pro rank
TP Engineering industry classification
Industry- Product category
- Industrial Engineering & Construction Services
- NAICS
- Engineering Services (54133), Engineering Services (541330), Architectural, Engineering, and Related Services (5413)
- SIC
- Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Systems Engineering & Technical Program Management (BPAHAIAI)
- akta.pro secondary industries
- T&D project/program management & owner’s engineering (EPCM/PMC) (EUADAKAF), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)
Keywords
Where TP Engineering is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices8 records
Markets served
TP Engineering business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- EPCM Services: Engineering, Procurement, Construction, and Management services for oil refining, petrochemical, and industrial facilities. Services include project management, supervising, major overhaul, asset management, process optimization, and capital construction. Revenue is generated through project-based contracts with major industrial clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise project-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
TP Engineering product offering
Product offeringCore offering
TP Engineering provides international EPCM (Engineering, Procurement, Construction, Management) services focused on oil refineries and petrochemical facilities. Core offerings include project management and supervising, major overhaul and shutdown maintenance, asset management and process optimization, and capital construction for complex industrial facilities. The company operates an in-house training academy (tpe Academy), a Production and Logistics Center, and an accredited Testing Laboratory to support its EPCM delivery.
Product overview
TP Engineering is an international EPCM (Engineering, Procurement, Construction, Management) company specializing in complex solutions for oil refineries and petrochemical facilities. The company offers four core service lines: Project Management and Supervising, Major Overhaul (shutdown maintenance), Asset Management and Process Optimization (technical rearmament and reconstruction), and Capital Construction. Supporting these core services, the company has developed ancillary offerings including tpe Academy (corporate training platform), Production and Logistics Center (manufacturing and warehousing), Testing Laboratory (accredited quality assurance), and Knowledge Management System (ISO 30401:2018 compliant). The company operates across Russia and internationally, with representative offices in five countries.
Differentiator
Problem solved
Functional benefit
Brands
- tpe Academy: Corporate training academy providing certified programs for engineers, supervisors, and specialists in oil and gas, energy, and industrial sectors with focus on industrial safety and professional development.
Products and services
- Project Management and Supervising
Quantifiable outcome
- More than 200 projects completed successfully in Russia and abroad
- +4 more outcomes
Companies that use TP Engineering
Customer profileNamed customers8 records
Segments3 records
Ideal customer profiles4 records
TP Engineering technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
TP Engineering partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Ministry of Investment Policy of Saratov RegioncoreWorking meeting focused on cooperation, international collaboration, and investment project implementation. Discussion of strategic project for construction of modern production and logistics center in Saratov Region. Potential for establishing strategic partnership platform for international business projects. Prospects for regional supply ecosystem and industrial integration across Caspian region using Trans-Caspian Transport Corridor. Cooperation expansion with Saratov Region enterprises in Azerbaijan through Azerbaijan-Russia Business Council.
- BBMG Group (China)coreWorking meeting with Chinese delegation headed by BBMG Group Chairman Jiang Yingwu. tpe presented unique experience and competencies to Chinese counterparts. Portfolio of 200+ completed projects in Russia and abroad shared. Strategic initiative for developing national industrial construction sector presented. Decision made to establish joint working group for detailed development of cooperation areas within presented initiatives.
- AZMADE GroupcoreFramework cooperation agreement signed for joint integrated projects focused on localization of industrial equipment and infrastructure construction. Priority areas include: establishment of modern production facilities in Azerbaijan with local manufacturers; full-cycle (end-to-end) integrated solutions covering engineering, procurement, manufacturing, construction, commissioning, and maintenance; expansion into Central Asian and Middle Eastern markets; development of competitive EPCM + Manufacturing platform. Joint work on tank farm construction, heat exchange equipment and pipeline systems manufacturing, and export supplies.
- NOSTROY (National Association of Builders)coreComprehensive cooperation agreement covering: increasing circulation of high-quality construction materials in Russian market; developing National Register of Bona Fide Manufacturers and Suppliers; transport and logistics infrastructure development; educational programs; modern approaches to workforce management. Joint pilot project on qualified selection and training of foreign specialists for Russian construction industry. Pilot launched autumn 2025 with adaptation site at tpe Production and Logistics Center in Engels.
- Almaz GroupminorKnowledge Management System implementation partner. Experts conducted comprehensive survey of company's current processes in November-December 2024 to support ISO 30401:2018 standard implementation.
- Baku Higher Oil School (BHOS)minorCooperation agreement covering participation of university students in TP Engineering projects and trainings, engineering service provision in Russia, Europe, and Middle East. Four-stage program: student training at company, professional examinations, internship in TP Engineering offices, and working on company projects.
Scale indicators8 records
Recent moves8 records
Expansion highlights6 records
TP Engineering competitors and assessment
Company assessmentDirect peers
- Técnicas Reunidas: Spanish EPCM contractor focused on oil & gas, refining, and petrochemical projects across Europe, MENA, and Latin America. Comparable in delivering complex refinery revamps and large-scale industrial EPCM scopes.
- KBR: US-based engineering and government services firm with deep refinery and petrochemical EPCM heritage, plus strong presence in the CIS region. Comparable in delivering integrated project management and asset management for oil refining clients.
- Wood Group: UK-headquartered engineering and consulting firm providing project management, asset management, and EPCM services to energy and refining clients. Directly comparable service portfolio including major overhaul and process optimization.
- Worley: Australia-based global EPCM firm focused on energy, chemicals, and resources. Comparable in providing project management, asset management, and process optimization for refineries and petrochemical complexes across multiple geographies.
- TechnipFMC: Global EPCM and integrated project services provider for the energy industry, with strong refining and petrochemical heritage. Comparable in delivering complex brownfield modifications, turnarounds, and asset management programs to oil majors, including Russian/CIS exposure historically.
- Petrofac: UK-listed EPCM and operations services company serving oil & gas clients across the Middle East, CIS, and North Africa. Closely comparable business model with major-refinery shutdown and asset integrity work for national oil companies.
- Saipem: Italian-headquartered global EPCM and drilling contractor serving oil & gas, refining, and petrochemical clients. Directly comparable to TP Engineering in providing engineering, procurement, and construction management for refinery and petrochemical facility overhauls and large industrial scopes.
Broad incumbents
- Fluor Corporation: Large US-headquartered EPCM firm serving energy, chemicals, and infrastructure. Overlaps with TP Engineering on refining and petrochemical project execution but operates at materially larger scale across multiple sectors.
Regional players
- Stroytransgaz: Russian EPC contractor serving Gazprom and Russian oil & gas clients with pipeline, refinery, and infrastructure projects. Directly comparable in CIS geography and oil & gas client base, though larger and more pipeline-focused.
- Renaissance Construction: Turkey-headquartered general contractor with significant industrial and energy project work across Russia and CIS. Comparable in regional footprint and EPC delivery capability, though broader across non-industrial segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
TP Engineering social profiles
Digital presenceTP Engineering compliance and trust
Trust signalCompliance1 record
TP Engineering financial estimates
Financial estimateRevenue estimate
Valuation estimate
TP Engineering leadership team
Management profileNumber of profiles
Profiles3 records
TP Engineering funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TP Engineering M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TP Engineering
What does TP Engineering do?
TP Engineering provides international EPCM (Engineering, Procurement, Construction, Management) services focused on oil refineries and petrochemical facilities. Core offerings include project management and supervising, major overhaul and shutdown maintenance, asset management and process optimization, and capital construction for complex industrial facilities. The company operates an in-house training academy (tpe Academy), a Production and Logistics Center, and an accredited Testing Laboratory to support its EPCM delivery.
Is TP Engineering a public or private company?
TP Engineering is a private company. It is classified as management employee owned and is currently operating.
When was TP Engineering founded?
TP Engineering was founded in 1995. It employs 51 to 100 people.
Where is TP Engineering based?
TP Engineering is headquartered in Vilnius, Lithuania, in the Europe region.
How does TP Engineering make money?
One revenue line is on record: EPCM Services.
Who are TP Engineering's main competitors?
Direct peers on record are Técnicas Reunidas, KBR, Wood Group, Worley, TechnipFMC, Petrofac and Saipem. Fluor Corporation is listed as a broad incumbent. Regional players are Stroytransgaz and Renaissance Construction.
Does TP Engineering have an API?
No public API is recorded for TP Engineering.
What industry is TP Engineering in?
TP Engineering's product category is Industrial Engineering & Construction Services. Its primary akta.pro industry code is BPAHAIAI, Systems Engineering & Technical Program Management, with a secondary code of EUADAKAF, T&D project/program management & owner’s engineering (EPCM/PMC). Its NAICS code is 54133 and its SIC code is 8711.