VME Companies

What VME Companies does

VME Companies (legally VME Process, Inc.) is a privately held engineering and module integration firm founded in 1985 and headquartered in Tyler, Texas. The company designs, engineers, fabricates, and integrates process treatment systems and modular process packages for the global oil and gas industry, with particular specialization in offshore and FPSO applications. Core offerings include FEED and detail engineering services, module fabrication and integration (topside modules, E-Houses, floating offshore substations, pressure vessels, and separation internals), proprietary process technologies (crude oil treatment, gas treatment, produced water and seawater treatment, MEG regeneration, and sulfur recovery), and aftermarket service and spare parts. Notable proprietary technologies include the patented FPSO Sulfur Recovery Unit — the first ever operated on an FPSO (Husky Madura) — and the proprietary MEG Pretreatment, Regeneration and Reclamation system deployed at Saudi Aramco's Wasit Gas Plant.

The company serves international oil companies, national oil companies, FPSO contractors, and EPC prime contractors including ExxonMobil, Chevron, Shell, TotalEnergies, Petrobras, ENI, Petronas, ONGC, Modec, Yinson, Bumi Armada, and Keppel. VME operates dual fabrication hubs in Tyler, TX (nine manufacturing bays, a 10-acre open yard, and 2.5-acre stabilized heavy-assembly area) and Batam, Indonesia (157,000 m² yard, 9,430 m² fabrication workshop, 186 m jetty with 7–10 m depth, 10 T/m² loadout capacity), supported by regional sales and operations offices in Puchong, Malaysia and Singapore. This footprint supports local content compliance for projects in Brazil, Indonesia, India, and the Gulf of Mexico while serving customers across North America, South America, West Africa, the Middle East, Southeast Asia, and Australia.

VME monetizes through project-based contracts across three streams: engineering and design services, hardware and module fabrication, and aftermarket parts and technical services. Pricing is quote-based and project-specific with no public price list. Certifications include ISO 9001:2015, ISO 14001, ASME Section IX and Section 8 Div 1, PED, AWS D1.1, ISPM 15, and BOSIET. Technology partnerships with Siemens (electrical packages for offshore substations) and Mitsubishi (compressor packages) enable fully integrated topside delivery scopes. The company is founder/management-led, with CEO Michael Thomas and Senior EVP Kuoh Lee having grown VME from a process internals fabricator into a world-class topsides EPC contractor since the 2009 Asia Pacific expansion.

Name

VME Companies

Legal name

VME Process, Inc.

Website

https://vmecompanies.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

101–250 employees

Short description

VME Companies (VME Process, Inc.) is a privately held engineering and module integration firm founded in 1985, serving global oil and gas operators, NOCs, and FPSO contractors with FEED, fabrication of topside modules and offshore substations, proprietary process technologies, and aftermarket services from facilities in Texas and Indonesia.

Ownership category

akta.pro rank

Product category

Oil and Gas Process Equipment and Offshore Module Fabrication

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

OFS Engineering, Construction & O&M (Field Development, Brownfield, Maintenance) (EUALABAM)

akta.pro secondary industries

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Field Treating & Separation (Heater Treaters, Separators, LACT) (EUALACAI), Oil & Gas Midstream & Pipeline O&M (Pipelines, Compressor Stations) (EUAEAGAF)

Keywords

• Oil and gas engineering
• Module fabrication services
• FPSO topsides integration
• Process separation technologies
• Offshore EPC contractor

Headquarters

HQ city

Tyler

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Engineering and Design Services: FEED (Front End Engineering Design), detailed engineering, process consulting, process simulation, CFD analysis, and debottlenecking services for oil and gas projects.
2. Product Manufacturing and Module Fabrication: Fabrication of pressure vessels, steel structures, offshore modules, onshore production equipment, and process treatment systems. Revenue generated from project-based manufacturing contracts.
3. Aftermarket Parts and Technical Services: Spare parts, replacement components (separator internals, electrostatic treater components, valves, instruments, pumps), commissioning, installation, and reconditioning services for the life of customer projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

VME Companies engineers, designs, fabricates, and integrates process treatment systems and modular packages for the global oil and gas industry. Core offerings include offshore (FPSO/FPDSO) topsides modules, onshore production equipment, pressure vessels, separators, electrostatic treaters, gas dehydration/sweetening modules, sulfur recovery units, and proprietary process technologies for crude oil, gas, produced water, seawater, and solid treatment. The company also delivers FEED and detail engineering, project management, commissioning, and aftermarket parts and technical services throughout the asset lifecycle.

Product overview

VME Companies is an engineering and module integration company serving the global oil and gas industry since 1985. The company operates a platform-plus-services model, offering a comprehensive portfolio of process technologies (Crude Oil Treatment, Gas Treatment, Produced Water Treatment, Seawater Treatment) alongside Engineering and Design Services, Module Fabrication and Integration, and Aftermarket Service and Parts. The core product line includes specialized modular systems such as Three Phase Separator Packages, E-House Modules, Offshore Substation Modules, FPSO Topsides Process Packages, Pressure Vessels, Separator Internals, Amine Gas Sweetening Modules, Gas Dehydration Modules, Sulfur Recovery Units, Flare Gas Recovery Units, and Electrostatic Treaters and Desalters. These products serve offshore and onshore oil and gas operations worldwide.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering and Design Services Comprehensive engineering services including Front End Engineering Design (FEED), detailed engineering, process simulation, process consulting, CFD analysis, debottlenecking, and process optimization for upstream oil and gas projects. Delivered to oil and gas operators, FPSO contractors, and EPC clients worldwide.
• Module Fabrication and Integration Fabrication of pressure vessels, steel structures, offshore modules, onshore production equipment, and process treatment systems with full integration of mechanical, electrical, and process packages. Includes complete EPC packaging of offshore and onshore modules and onshore skids for process, measurement, and treating systems. Delivered to oil and gas operators, FPSO contractors, and EPC clients.
• Service and Parts (Aftermarket) Technical field services including commissioning, installation, reconditioning, spare parts, leasing, start-up support, preventative maintenance, and process optimization for process equipment across the asset lifecycle. Provided to existing oil and gas operating customers worldwide.
• Three Phase Separator Program Heated three-phase separator packages for oil, gas, and water separation in upstream oil and gas operations. Modular packages delivered to upstream operators.
• E-House Modules Electrical E-House modules for FPSO vessels and offshore platforms, including switchboards, transformers, HVAC systems, and power distribution equipment. Packaged as modular electrical buildings for offshore installation.
• Offshore Substation Modules Floating offshore substations with high and low voltage electrical systems, controls, protection systems, and auxiliary power generation, integrating third-party OEM equipment (e.g., Siemens switchboards and transformers).
• FPSO Topsides Process Packages Complete topsides modules for Floating Production Storage and Offloading (FPSO) vessels, including gas compression, gas dehydration, oil treatment, produced water treatment, and utility modules. Delivered as integrated packages to FPSO contractors and operators.
• Pressure Vessels ASME code pressure vessels including oil and gas separators, coalescers, filter separators, and oil and produced water treatment vessels manufactured to ASME Section 8 Div 1 requirements.
• Separator Internals Separation internals for new applications and retrofits, including compact separation devices, electrostatic oil treating internals, and cyclonic inlet devices, used in offshore and onshore oil and gas process equipment.
• Amine Gas Sweetening Modules Modular amine gas sweetening systems for H2S removal and CO2 removal from natural gas streams on FPSO and onshore facilities, using generic MDEA solvent.
• Gas Dehydration Modules TEG (Triethylene Glycol) dehydration modules for removing water from natural gas to meet pipeline specifications, delivered as modular packages for offshore and onshore applications.
• Sulfur Recovery Unit (SRU) Modular sulfur recovery units that convert H2S into molten elemental sulfur for commercial sale as a by-product. Includes patented FPSO-deployed SRU technology.
• Flare Gas Recovery Unit (FGRU) Systems to recover and process flare gas, including gas sweetening and amine regeneration modules for reducing emissions and recovering hydrocarbons from flare streams.
• Electrostatic Treaters and Desalters Electrostatic coalescers and dehydrator/desalter vessels for crude oil processing and salt removal in upstream oil and gas operations.

Quantifiable outcome

• 2,000,000 manhours without an LTI on ONGC KG DWN 98/2 project
• +4 more outcomes

Named customers17 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

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• SiemenscoreTechnology or IntegrationSiemens supplied electrical equipment including switchboards, transformers, and control systems for the P61 Offshore Substation project. VME performed EPC modularized solution for packaging and integrating this equipment into offshore modules.
• MitsubishicoreTechnology or IntegrationMitsubishi-Japan served as OEM for compressors on the FPSO Cidade de Mangaratiba MV24 project. VME completed engineering, fabrication, and commissioning of injection and regeneration compressor packages (3 LP + 3 HP modules, 10.2MW/motor). This was VME's first project with Mitsubishi.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Saipem: Integrated offshore EPC and FPSO contractor with engineering, fabrication and yard capabilities in Italy, Indonesia and the Americas. Saipem's full-platform delivery model and Indonesia fabrication footprint most directly mirrors VME's Tyler + Batam construct.
• TechnipFMC: Global offshore EPC and subsea equipment major with direct overlap on FPSO topsides modules, separation and gas processing technologies. Competes for the same IOC/NOC fabrication scopes as VME while being substantially larger, anchoring the upper bound of the comparable peer set.
• McDermott International: Pure-play offshore EPC contractor focused on FPSO topsides, fixed platforms and subsea tiebacks. Directly comparable project model — FEED through module fabrication — and overlapping customer set (Petrobras, ENI, ONGC) make it one of the closest scaling analogues to VME.
• Petrofac: Oil & gas EPC and module-fabrication contractor serving IOC/NOC clients. Petrofac's onshore/offshore EPC delivery and module-yard model closely matches VME's FEED-to-fabrication platform, including similar fabricated-module economics.
• MODEC: Japanese FPSO contractor and named VME customer (Baobab). Like SBM, MODEC both sources topsides modules from VME and competes for integrated topsides scope elsewhere; its Brazil/Angola/West Africa focus aligns tightly with VME's project geography.
• SBM Offshore: FPSO lease and topsides contractor that is simultaneously a VME customer (where VME supplies modules) and a competitor for topsides scope. Its deployment model and customer roster (Petrobras, ExxonMobil, Shell) map directly onto VME's served market.
• Yinson: FPSO contractor and VME customer (Agogo, Maria Quitéria). Operates the same dual customer/competitor dynamic as SBM and MODEC, and shares VME's Brazil and West Africa FPSO pipeline exposure.

Emerging players

• Forum Energy Technologies: Diversified OFS equipment manufacturer with subsea, drilling and production technologies. Overlaps VME in production-process equipment (separators, filtration) and topsides-adjacent subsystems, though more on individual equipment than integrated modules.

Broad incumbents

• Sulzer: Industrial process equipment manufacturer supplying pumps, separation and mass-transfer technologies including for oil & gas production. Comparable to VME on the unit-equipment/process internals layer (separators, internals, vessels) and is a logical adjacent peer for fabricating customers.
• Honeywell UOP: Licensor of gas processing, amine, sulfur recovery and water-treatment technologies used on FPSOs and onshore gas plants. VME's MEG reclamation, amine sweetening and FPSO SRU compete or complement UOP-licensed designs, making it a directly adjacent process-technology peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vmecompanies
• Facebookfacebook.com/VMECompanies

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 VME Companies