Oiltech
- Company typePrivate
- Founded2008
- HeadquartersTeynampet, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
Oiltech firmographics
Firmographics- Name
- Oiltech
- Legal name
- Oiltech Engineering India Pvt Ltd.
- Website
- https://oiltech.in
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Oiltech industry classification
Industry- Product category
- Oil & Gas Engineering Services
- NAICS
- Oil and Gas Extraction (211)
- SIC
- Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Offshore E&P (Shallow/Deepwater, Subsea Production Systems) (EUALAAAI)
- akta.pro secondary industry
- Oil & Gas Facilities Asset Management (Refining/Terminals/LNG) (EUAEAMAG)
Keywords
Where Oiltech is headquartered
LocationHeadquarters
- HQ city
- Teynampet
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Oiltech business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Engineering & Project Services: Provides comprehensive engineering services from Pre-FEED, FEED, Detailed Engineering to As-Built documentation, covering the full project lifecycle for oil and gas infrastructure
- EPCIC and BOOT Project Execution: Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) services, and Build, Own, Operate, Transfer (BOOT) project partnerships with strategic global partners
Go-to-market motion1 record
Distribution channels2 records
Marketing channels1 record
Oiltech product offering
Product offeringCore offering
Oiltech is an engineering and project services company that delivers multi-disciplinary engineering, procurement, construction, installation and commissioning (EPCIC) as well as Build-Own-Operate-Transfer (BOOT) project services for the oil and gas, renewable energy, process and petrochemical, water and effluent treatment, and waste to value sectors. Its offering spans the full project lifecycle from Pre-FEED, FEED and detailed engineering through procurement assistance, construction management, commissioning, startup and O&M, with specialized expertise in floating production systems (FPSO, FSRU, FSO, FPU, FLNG), fixed offshore platforms, modular onshore facilities and brownfield modifications.
Product overview
Oiltech is an engineering and project services company offering a unified portfolio of offshore and onshore engineering solutions for the Oil & Gas, Renewable Energy, Process & Petrochemical, Water & Effluent Treatment, and Waste to Value sectors. The core offering consists of specialized floating platform engineering services (FPSO, FSRU, FSO, FPU, FLNG) and fixed platform engineering, complemented by modular onshore facilities and brownfield modification services. These are supported by integrated multi-disciplinary engineering capabilities (Process, Mechanical, Piping, Structural, Electrical, Instrumentation, Technical Safety, Naval Architecture) and project management services spanning the full lifecycle from Pre-FEED through O&M. The portfolio operates as a unified service offering where specialized platform engineering is enhanced by in-house discipline expertise and end-to-end project management capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- FPSO Engineering Services Engineering and project services for Floating Production Storage and Offloading (FPSO) vessels, including FEED, detailed engineering, conversions and new builds delivered for international oil and gas operators across offshore projects.
- FSRU Engineering Services Engineering services for Floating Storage Regasification Units (FSRUs), covering the full project lifecycle from concept and FEED through detailed engineering and commissioning for LNG terminal infrastructure.
- FSO Engineering Services Engineering solutions for Floating Storage and Offloading (FSO) vessels, providing design, conversion and operational support services for offshore oil storage applications.
- FPU Engineering Services Engineering services for Floating Production Units (FPUs), covering design and project execution for offshore oil and gas production facilities.
- Fixed Platform Engineering Engineering services for fixed offshore platforms including Topsides, Jackets, and Minimum Offshore Platform Unit (MOPU) design and modifications for upstream oil and gas operators.
- Modular Onshore Facilities Engineering and design services for modular onshore processing facilities, including refineries and process plants delivered on a fast-track basis for the process and petrochemical sector.
- Brownfield Modifications Engineering services for modification and upgrade of existing offshore and onshore facilities, including refurbishment advisory, remaining life extension assessments and adequacy checks for operating assets.
- Refinery Engineering Services Comprehensive engineering services for refinery projects including modernization, expansion, and specialized process units such as Crude Distillation Units (CDU) and methanol production facilities for the process and petrochemical sector.
Quantifiable outcome
- Successfully delivered challenging projects in several countries across continents
Companies that use Oiltech
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles1 record
Oiltech technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Oiltech partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- ZENTECH OILTECH INCcoreOiltech Engineering has entered into a joint venture with ZENTECH OILTECH INC, combining their expertise for global engineering and project services execution.
- Global Strategic PartnersflagshipOiltech has strategic partners across the globe for executing EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) and BOOT (Build, Own, Operate, Transfer) projects, enabling global project delivery capabilities.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
Oiltech competitors and assessment
Company assessmentDirect peers
- Petrofac: Oil & gas-focused EPC and operations services provider with offshore platform and FPSO capabilities; comparable engineering services delivery model with IOC/NOC customer overlap.
- SBM Offshore: Global leader in FPSO leasing, design, and engineering; directly comparable to Oiltech's FPSO-focused engineering services offering, though at vastly greater scale with proprietary vessel fleets.
- Höegh LNG: FSRU specialist with floating LNG infrastructure focus; directly comparable to Oiltech's FSRU engineering services line and adjacent to its FLNG capabilities.
- Doris Engineering: Independent offshore engineering firm specializing in FPSO, FSO, and fixed platform design; closest mid-sized comparable to Oiltech in scope and delivery model.
- BW Offshore: FPSO-focused company with engineering, production, and operations capabilities; competes for the same FPSO FEED and detailed engineering scopes that Oiltech services.
Broad incumbents
- Aker Solutions: Norwegian-headquartered offshore engineering, subsea, and offshore wind EPC firm with comparable FPSO topsides and floating unit capabilities to Oiltech.
- Saipem: Major offshore EPC contractor with FPSO, fixed platform, and offshore drilling engineering capabilities; competes in the same customer bidding universe as Oiltech.
- Worley: Global engineering services and EPCM firm with significant energy and offshore project portfolio; comparable multi-disciplinary engineering delivery model to Oiltech's.
- McDermott International: Offshore EPC and subsea engineering specialist with extensive FPSO and platform track record; competes in similar offshore engineering bids with comparable IOC customer base.
- TechnipFMC: Tier-1 offshore EPC and subsea production systems provider; broad incumbent offering integrated FPSO/subsea engineering scopes that overlap with Oiltech's offshore services portfolio.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Oiltech social profiles
Digital presenceOiltech compliance and trust
Trust signalCompliance3 records
Oiltech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Oiltech leadership team
Management profileNumber of profiles
Profiles2 records
Oiltech subsidiaries and ownership
Company hierarchySubsidiaries1 record
Oiltech funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Oiltech 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 Oiltech
What does Oiltech do?
Oiltech is an engineering and project services company that delivers multi-disciplinary engineering, procurement, construction, installation and commissioning (EPCIC) as well as Build-Own-Operate-Transfer (BOOT) project services for the oil and gas, renewable energy, process and petrochemical, water and effluent treatment, and waste to value sectors. Its offering spans the full project lifecycle from Pre-FEED, FEED and detailed engineering through procurement assistance, construction management, commissioning, startup and O&M, with specialized expertise in floating production systems (FPSO, FSRU, FSO, FPU, FLNG), fixed offshore platforms, modular onshore facilities and brownfield modifications.
Is Oiltech a public or private company?
Oiltech is a private company. It is classified as family owned and is currently operating.
When was Oiltech founded?
Oiltech was founded in 2008. It employs 11 to 50 people.
Where is Oiltech based?
Oiltech is headquartered in Teynampet, India, in the Asia region.
How does Oiltech make money?
Two revenue lines are on record. Engineering & Project Services are the primary driver. The others are EPCIC and BOOT Project Execution.
Who are Oiltech's main competitors?
Direct peers on record are Petrofac, SBM Offshore, Höegh LNG, Doris Engineering and BW Offshore. Broad incumbents are Aker Solutions, Saipem, Worley, McDermott International and TechnipFMC.
Does Oiltech have an API?
No public API is recorded for Oiltech.
What industry is Oiltech in?
Oiltech's product category is Oil & Gas Engineering Services. Its primary akta.pro industry code is EUALAAAI, Offshore E&P (Shallow/Deepwater, Subsea Production Systems), with a secondary code of EUAEAMAG, Oil & Gas Facilities Asset Management (Refining/Terminals/LNG). Its NAICS code is 211 and its SIC code is 1389.