Petroserv

What Petroserv does

Petroserv Limited is a wholly Qatari-owned multi-disciplinary construction and engineering contractor headquartered in Doha, Qatar, established on 1 January 1978 by Sheikh Jassim Bin Mohamed Bin Jassim Al Thani and reorganized in 2015 into three operating divisions: Oil & Gas, Buildings & Civil Infrastructure, and MEP & Facility Management. The firm delivers EPIC (Engineering, Procurement, Installation, Construction and Commissioning) contracts primarily for Qatar's state-affiliated oil and gas operators and government infrastructure authorities — Qatar Petroleum, Qatar Gas, RasGas, QAFCO, Q-Chem and Qatar Steel on the energy side; Ashghal, Kahramaa, Qatar Armed Forces and PHCC on the civil side — with disclosed individual contract values ranging from approximately QR 46 million to QR 240.7 million.

Underlying technical capability is anchored in an in-house ASME-certified fabrication workshop of 2,556 m² (covered) plus 1,435 m² of open assembly area, holding U, R, S, PP and National Board (NB) stamps for pressure vessels, boilers, power piping and feedwater heaters. The firm self-performs mechanical, piping, electrical, instrumentation and civil works, complemented by a fleet of cranes, trailers, excavators, generators and earth-moving equipment. Specialized offerings include shutdown/turnaround execution for refineries and petrochemical plants, HVAC and electro-mechanical facility management (Grade A status for Medium Volt Works with Kahramaa and Ashghal), and Leak Detection and Repair (LDAR) services delivered in partnership with South African firm Enserve, using infrared scanning and VALVEMAN software claimed to cut survey time by up to 75%.

Petroserv monetizes predominantly through project-based, one-time EPIC contracts supplemented by managed-services revenue from multi-year Operation & Maintenance agreements (for example, 10-year O&M on the Al Khor Sewage Treatment Works) and recurring HVAC/MEP maintenance for industrial and institutional clients. Go-to-market is enterprise field sales executed through competitive tendering with Qatari government and state-owned buyers, supported by direct relationships and strategic alliances with Quanto Bello, QAir Global, BotharQ, Roadbridge and TDGI Serv to jointly bid Qatar's mega projects. The firm is ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007 certified and operates exclusively within Qatar.

Name

Petroserv

Legal name

Petroserv Limited

Website

https://petroserv-limited.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Petroserv is a Qatari-owned multi-disciplinary EPIC contractor (Engineering, Procurement, Installation, Construction) founded in 1978, serving Qatar Petroleum, Ashghal, Kahramaa and other state clients across oil & gas, civil infrastructure and MEP services within Qatar.

Ownership category

akta.pro rank

Product category

Engineering & Construction Services

NAICS

Oil and Gas Pipeline and Related Structures Construction (237120), Oil and Gas Field Machinery and Equipment Manufacturing (333132), Architectural, Engineering, and Related Services (5413)

SIC

Oil & Gas Field Services, Nec (1389), Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Oil & Gas Processing & LNG Facility Construction (IMAFADAB)

akta.pro secondary industries

Chemical & Petrochemical Plant Construction (IMAFADAA), Pipeline Construction & Right-of-Way Services (EUALADAL)

Keywords

• EPIC contracting services
• Oil and gas construction
• Civil infrastructure construction
• Fabrication and erection
• MEP facility management

Headquarters

HQ city

Doha

HQ country

Qatar

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPIC Contracts: Engineering, Procurement, Installation, Construction and Commissioning contracts primarily for oil and gas sector, government infrastructure projects, and building construction. Revenue is project-based, typically one-time with duration ranging from months to years.
2. Operation & Maintenance Services: Ongoing maintenance contracts for completed facilities including HVAC systems, sewage treatment plants, and pumping stations. Examples include 10-year O&M for Al Khor STW.
3. HVAC Services: Installation, testing, commissioning and maintenance of HVAC systems for industrial, institutional and private customers including Qafco, Qatar Airways, Kahramaa, Qatar Steel and Qchem.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Petroserv is a wholly Qatari-owned multi-disciplinary engineering and construction company delivering EPIC (Engineering, Procurement, Installation, Construction and Commissioning) services across three divisions: Oil & Gas, Buildings & Civil Infrastructure, and MEP & Facility Management. The company executes projects through an in-house ISO 9001:2015 and ASME-certified fabrication workshop, supports refinery and petrochemical plant shutdowns/turnarounds, and provides specialized LDAR (Leak Detection and Repair) services. Contracts are secured through competitive tenders with Qatari government authorities and direct engagement with oil & gas majors.

Product overview

Petroserv is a Qatari-owned multi-disciplinary engineering and construction company founded in 1978, organized into three core business units: Oil & Gas (EPIC contracting, fabrication, shutdown projects, LDAR services), Buildings & Civil Infrastructure, and MEP & Facility Management. The company operates a fabrication workshop, maintains a fleet of plant and vehicles, and holds multiple industry certifications. The three divisions act synergistically, with infrastructure and MEP services supporting the oil and gas and building projects, enabling the company to deliver integrated EPIC contracts and construction projects across Qatar.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil & Gas Business Unit EPIC (Engineering, Procurement, Installation, Commissioning) contracting services for the oil and gas sector, including mechanical, piping, electrical, instrumentation, civil works, and fabricated engineered structures/packages. Delivered to clients such as Qatar Petroleum, Qatar Gas, RasGas, QAFCO, Qatar Steel, and Q-Chem in Qatar.
• Fabrication & Erection Capability Workshop-based steel fabrication producing pipe spools, light and heavy steel structures, pipe racks, storage tanks, ASME-certified pressure vessels, and engineered skids. Backed by a 2,556 m² covered workshop with overhead cranes and 1,435 m² open assembly area, ISO 9001:2015 and ASME U/R/S/PP/NB certified.
• Shutdown Projects
• Leak Detection and Repair Services (LDAR)
• Buildings & Civil Infrastructure Business Unit Building construction services (low-rise greenfield to refurbishment) and civil infrastructure including water, sanitation, pipelines, desalination, deep well drilling, bulk earthworks, electrical distribution networks, and roads. Delivered to Ashghal, Kahramaa, Qatar Armed Forces, Primary Health Care Corporation, and other public-sector clients in Qatar.
• HVAC Services
• MEP & Facility Management Business Unit

Quantifiable outcome

• Over 200km of pipe-laying successfully completed in Qatar
• +1 more outcomes

Named customers12 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

Feature4 records

Partnerships

Five partnerships are on record, tiered minor.

• Quanto BellominorStrategic or Co-development PartnerStrategic alliance partner for participation in Qatar's mega projects. Petroserv collaborates with Quanto Bello to prequalify, bid and deliver large-scale construction projects in Qatar.
• QAir GlobalminorStrategic or Co-development PartnerStrategic alliance partner for Qatar mega projects. QAir Global works with Petroserv on project qualification and delivery.
• BotharQminorStrategic or Co-development PartnerStrategic alliance partner for Qatar mega projects with tunneling and boring capabilities.
• RoadbridgeminorStrategic or Co-development PartnerStrategic alliance partner for Qatar mega projects. Roadbridge brings civil engineering and infrastructure expertise to joint ventures.
• TDGI ServminorStrategic or Co-development PartnerStrategic alliance partner for Qatar mega projects through TDGI Serv entity.

Scale indicators4 records

Recent moves14 records

Expansion highlights5 records

Regional players

• Galfar Engineering & Contracting: Oman-headquartered EPC contractor with oil & gas, pipeline, civil infrastructure, and MEP services — comparable GCC multi-discipline EPIC peer serving state-owned oil clients.
• Dodsal Group: UAE-headquartered EPC contractor with oil & gas, pipelines, and infrastructure execution across the Middle East — comparable regional EPIC peer with overlapping oil & gas and pipeline construction scope.

Broad incumbents

• Petrofac: International EPC and oilfield services contractor with significant Middle East presence — comparable EPIC delivery model for oil & gas facilities and broader infrastructure, but at much larger scale.
• Larsen & Toubro (L&T) Construction: Global EPC major with Middle East operations delivering oil & gas, infrastructure, and building projects — comparable multi-discipline EPIC scope, though operating at vastly larger scale and with broader geographic reach.
• Technicas Reunidas: Spanish EPC contractor with energy and oil & gas project execution across the Middle East — comparable in EPIC delivery for refining, petrochemical, and oil & gas facilities, particularly relevant for QatarEnergy-aligned mega-projects.
• McDermott International: Global EPC contractor specializing in oil & gas facility, pipeline, and LNG project execution — comparable in oil & gas EPIC delivery and pipeline construction, though focused on larger offshore and LNG mega-projects.

Direct peers

• Al Sraiya Holding Group: Qatari conglomerate with construction and infrastructure divisions executing EPIC-style projects for Ashghal, Kahramaa, and oil & gas clients — directly comparable multi-disciplinary contractor in the same domestic market.
• Al Jaber Engineering: Qatari multi-discipline EPC contractor serving oil & gas, infrastructure, and buildings — directly comparable to Petroserv in customer base (QP, Kahramaa, Ashghal) and EPIC delivery model in Qatar.
• Qatar Engineering & Construction Company (QECC): Qatari EPC contractor operating in oil & gas, civil infrastructure, and buildings — directly comparable to Petroserv in single-country Qatar focus and overlapping client base with state-owned oil and government entities.
• Medgulf Construction Company: Qatari EPC contractor with similar multi-disciplinary scope across oil & gas, infrastructure, and buildings — directly comparable to Petroserv in market, customer base, and EPIC delivery model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Petroserv