TP Engineering

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.

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

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

• EPCM services
• Oil refinery construction
• Petrochemical engineering
• Industrial asset management
• Shutdown maintenance services

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core 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

Named customers8 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Ministry of Investment Policy of Saratov RegioncoreStrategic or Co-development Partner · 1 June 2026Working 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)coreStrategic or Co-development Partner · 26 May 2026Working 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 GroupcoreStrategic or Co-development Partner · 13 May 2026Framework 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)coreStrategic or Co-development Partner · 1 October 2025Comprehensive 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 GroupminorImplementation/ SI/ Consulting Partner · 1 November 2024Knowledge 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)minorOthers · 18 December 2017Cooperation 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

Direct 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

• LinkedInlinkedin.com/company/tp-engineering

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 TP Engineering