AKT Oil Services Company

What AKT Oil Services Company does

AKT Oil Services Company is a 100% locally owned Iraqi Engineering, Procurement, Construction and Commissioning (EPCC) contractor incorporated in 2005 at the Ministry of Trade of Iraq. The company delivers turnkey mechanical, civil, electrical and instrumentation (E&I) projects for oil and gas operators, including gas processing plants, above-ground storage tanks, pipelines (above-ground and underground), wellhead facilities, compressor stations, metering skids, and cathodic protection systems. It operates fabrication workshops at South Rumaila and Um Qasr (Iraq), and maintains a business development office in Dubai (UAE). Its core differentiators include specialized hot tapping and stoppling capabilities (enabled through partnerships with STATS, TeamFurmanite and Clockspring/NRI) and modular skid-based wellhead chemical injection packages.

The company serves enterprise-grade oil and gas operating companies through direct EPCC contracting and competitive bidding. Its revenue is generated from three streams: large one-off EPCC project contracts (recognized on completion/handover), specialized maintenance services (hot tapping, stopple, cathodic protection), and long-term framework agreements for pipeline integrity intervention. Headcount is reported at 300 strategic personnel, scaling to over 500 during peak project execution. To date, AKT has completed 68 projects for clients including Shell, BP/ROO, CNOOC, Basrah Gas Company (BGC), Midland Oil Company (MOC), and Kuwait Energy Iraq Limited. The business is held to international standards via ISO 9001:2015, ISO 14001:2015, and BS OHSAS 45001:2018 certifications issued by Bureau Veritas, and has recorded safety milestones such as over 1 million man-hours without lost-time injury on the Siba Field Development Phase 2 project.

Name

AKT Oil Services Company

Legal name

AKT Oil Services Company

Website

https://aktoilservices.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

AKT Oil Services Company is a 100% Iraqi-owned EPCC contractor delivering mechanical, civil, and E&I engineering, construction, and maintenance services to oil and gas operators in Iraq, with offices in Basrah, Um Qasr, and Dubai.

Ownership category

akta.pro rank

Product category

Oil and Gas EPCC Services

NAICS

Oil and Gas Pipeline and Related Structures Construction (237120), Oil and Gas Pipeline and Related Structures Construction (23712)

SIC

Oil & Gas Field Services, Nec (1389), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro industry

PRIMARYTLAGAAAN

Crude Oil Pipeline Maintenance & Repair (Pigging, Cleaning, Valve/Station MRO)

Transportation & Logistics/Pipeline Transportation/Crude Oil Pipeline Transportation

SECONDARYTLAGAJAA

Crude Oil Field Gathering Systems

Transportation & Logistics/Pipeline Transportation/Pipeline Gathering Systems (Upstream Field Gathering)

SECONDARYTLAGAKAA

Crude Oil Tank Farms & Terminals

Transportation & Logistics/Pipeline Transportation/Pipeline Storage & Terminals (Tank Farms, Pump/Compressor Stations)

SECONDARYTLAGAAAH

Crude Oil Pump Stations & Mainline Facilities Operations

Transportation & Logistics/Pipeline Transportation/Crude Oil Pipeline Transportation

Keywords

• EPCC oil and gas services
• Pipeline construction services
• Hot tapping services
• Oilfield infrastructure services
• Pipeline integrity solutions

Headquarters

HQ city

Al Basrah

HQ country

Iraq

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPCC Projects: Full Engineering, Procurement, Construction and Commissioning project delivery for oil and gas infrastructure including pipelines, flowlines, compressor stations, metering skids, and wellhead facilities. Revenue recognized upon project completion and handover.
2. Specialized Maintenance Services: Hot tapping, stopple, and bypass services; pipeline rehabilitation and maintenance; cathodic protection installation and maintenance; and specialized equipment installation and commissioning.
3. Framework Agreements: Long-term pipeline integrity intervention contracts providing ongoing rehabilitation and maintenance services over extended periods.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

AKT Oil Services delivers Engineering, Procurement, Construction and Commissioning (EPCC) services for the Iraqi oil and gas sector, covering gas processing plants, above-ground storage tanks, piping, above-ground and underground pipelines, hot taps and stopple, steel structural and civil scope. Specialized service lines include hot tapping and stoppling that allow in-service pipeline modifications without shutdown, modular wellhead chemical injection packages, offsite fabrication at South Rumaila and Um Qasr workshops, pipeline construction and rehabilitation, cathodic protection, metering skid installation, and electrical and instrumentation works.

Product overview

AKT Oil Services Company is the leading Engineering, Procurement, Construction and Commissioning (EPCC) service provider in the Iraqi oil and gas industry. The company operates as a single unified service offering rather than a platform-plus-modules architecture, providing comprehensive project delivery from initial planning through commissioning and maintenance. The core offerings include EPCC services for mechanical, civil, and E&I works; specialized hot tapping and stoppling services; wellhead chemical injection packages; offsite fabrication with facilities at South Rumaila and Um Qasr; pipeline construction and rehabilitation; civil and structural engineering; electrical and instrumentation services; metering skid installation; and pipeline integrity intervention. The company serves local and international oil and gas operating companies and has completed 68 projects within Iraq.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering, Procurement, Construction and Commissioning (EPCC) Services Comprehensive EPCC delivery for the Iraqi oil and gas sector covering gas processing plants, above-ground storage tanks, piping, pipelines, hot taps and stopple, steel structural and civil works. The company delivers complete project packages from initial planning through design, procurement, construction, installation, commissioning and maintenance services.
• Hot Tapping and Stoppling Services Specialized hot tapping service involving fitting welded branch pieces to running equipment and forming passages by drilling sections of piping, plus stopple services for pipeline isolation and bypass installation without shutdown. Designed for oil and gas operating companies that need to perform maintenance or modifications on live equipment.
• Wellhead Chemical Injection Packages Modular chemical injection systems deployed to increase production, improve oil/water/gas separation, reduce corrosion, and enhance flow efficiency, including metering pumps (plunger, diaphragm, double diaphragm configurations), chemical storage tanks, instrumentation and control panels, and skid-mounted monitoring instruments with proprietary modular dual-check valves designed using computational fluid dynamics for hazardous environments.
• Offsite Fabrication Services Offsite fabrication of mechanical, civil and electrical components for oil and gas construction projects including modular, volumetric and pre-assembled fabrication systems. Reduces construction duration, enhances productivity and improves safety by moving hot work away from operating field sites.
• Pipeline Construction and Rehabilitation Construction of new pipelines and rehabilitation of existing pipelines including pipeline dig-up, sectional replacement, cold cutting, hot tie-in welding, cathodic protection installation and pipeline integrity survey and rehabilitation services.
• Civil and Structural Engineering Services Civil and structural engineering and construction for oil and gas fields including concrete foundation construction, structural supports, access roads and site preparation for oil and gas facilities.
• Electrical and Instrumentation Services Electrical and instrumentation projects for oil and gas field structures including cathodic protection systems, thermal insulation, and specialized automated equipment installation and commissioning.
• Metering Skid Installation Assembly and installation of metering skids for gas measurement, including Emerson Gas Metering Skids, with pre-commissioning and connection to control systems.
• Pipeline Integrity Intervention Services Framework agreement services for pipeline rehabilitation and maintenance including Close Internal Potential Survey (CIPS), pipeline coating inspection, corrosion repair, composite pipeline repair and reinforcement (via Clockspring), and cathodic protection maintenance.

Quantifiable outcome

• 68 projects completed within Iraq for major international and local oil and gas companies
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• STATScoreTechnology or IntegrationStrategic international partnership with STATS for advanced technology deployment in Iraq market. STATS provides specialized hot tapping and pipeline intervention technologies that AKT Oil Services deploys for clients in the Iraqi oil and gas sector.
• TeamFurmanitecoreTechnology or IntegrationStrategic international partnership with TeamFurmanite for specialized sealing and integrity solutions. Furmanite is known for leak sealing, hot tapping, and field machining technologies that complement AKT's service offerings in Iraq.
• Clockspring (NRI)coreTechnology or IntegrationStrategic international partnership with Clockspring (NRI) for composite pipeline repair and reinforcement technologies. Clockspring provides patented composite repair systems for damaged or corroded pipelines, enabling AKT to offer comprehensive pipeline integrity solutions.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Petrofac: Global EPC and operations-services provider for the energy sector with major MENA presence and an extensive Iraq footprint. Petrofac is a broader incumbent that overlaps with AKT's EPCC scope but operates at much larger scale across onshore, offshore, and integrated services.
• KBR: US-based global EPC and government services company with a long-standing Middle East energy infrastructure practice. KBR is a broader incumbent overlapping with AKT's hydrocarbon EPCC scope across refining, gas processing, and pipelines.
• GS Engineering & Construction: Korean EPC contractor with significant Middle East oil & gas and pipeline project execution. GS E&C is a broader incumbent comparable in core EPCC scope (pipelines, gas plants, infrastructure) but operates globally with mega-project capacity.
• Saipem: Italian-headquartered global EPC contractor for oil & gas pipelines, onshore/offshore facilities, and integrity services. Saipem is a broad incumbent with direct overlap to AKT's pipeline and integrity services but operates globally with significantly deeper capital and engineering capacity.
• Larsen & Toubro (Hydrocarbon): Indian conglomerate's hydrocarbon division delivering mega-scale EPCC for oil & gas, refineries, and pipelines with strong MENA execution. L&T is a broad incumbent with significantly larger scale and balance sheet, competing for the same Iraqi mega-tenders AKT targets.
• Técnicas Reunidas: Spanish EPC contractor specializing in oil & gas, refining, and petrochemical projects with deep MENA execution track record. Comparable to AKT in energy-sector EPCC focus but at materially larger scale and project-size capability.

Direct peers

• ENPPI: Egyptian Petroleum Engineering & Project Management company providing EPCM services for oil & gas processing, pipelines, and offshore platforms across MENA and Africa. ENPPI is closely comparable as a regionally-headquartered national EPCC contractor with similar scope and customer base.
• National Petroleum Construction Company (NPCC): UAE-based national EPCC contractor delivering offshore and onshore oil & gas infrastructure including pipelines, wellhead platforms, and integrity services across the Gulf. NPCC is a comparable nationally-owned EPC firm operating in the same Middle East upstream/downstream market with similar scope.
• Petrojet: Egyptian national EPC contractor for oil & gas, petrochemical, and pipeline infrastructure across MENA. Petrojet offers a directly analogous nationally-owned, regionally-focused EPCC capability set including pipeline construction, integrity, and process plant work.
• Dodsal Group: UAE-headquartered EPC contractor delivering oil & gas, pipeline, and infrastructure projects across MENA, Africa, and South Asia. Comparable as a regionally-rooted EPCC firm of similar scale competing for mid-size oil & gas scopes in the same geographies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Customer concentration

• LinkedInlinkedin.com/company/akt-oil-services-iraq

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 AKT Oil Services Company