Vector Petroleum & Energy

What Vector Petroleum & Energy does

Vector Petroleum & Energy (VPE) is a Hungary-headquartered engineering services and consulting firm that delivers EPC/EPCM project services for the oil, gas, and energy sectors. Founded in 2013 and registered as VECTOR PETROLEUM & ENERGY Szolgáltató és Tanácsadó Kft., the company operates a multi-jurisdictional footprint with the legal parent in Hungary, a Serbian subsidiary (d.o.o.), and a Russian subsidiary (OOO). Service delivery is anchored in Siófok (primary headquarters) and Budapest (registered office), and supported by parallel Hungarian, Serbian, Russian, and English websites. The company is led by Managing Director Viktor Rupert and operates with a headcount of 11–50 employees.

VPE's offering covers the full project lifecycle: preparatory work and feasibility studies, FEED and technological/construction design, permitting documentation, expert consultation, construction supervision and technical inspection, project management under EPCM, and construction and commissioning management. Underlying technology is human-led engineering expertise, anchored by a portfolio of unrestricted Hungarian industry licenses — GOT for gas and oil industry design, MV-BA/É and ME-BÁ/I. for mining construction supervision, MV-EN/A and ME-EN/I. for energy, chemical, and hydrocarbon equipment, MV-GO/A and ME-GO/I. for hydrocarbon pipelines and gas distribution, and SZÉM-6 for expert advisory — which together constitute the company's primary regulatory and technical moat. Specialization spans surface oil and gas production, natural gas processing, underground gas storage, petrochemicals, and broader energy infrastructure.

The business model is B2B professional services delivered through project-based, quote-driven engagements under EPC/EPCM contract models. Pricing is not publicly disclosed and is custom to each project. Go-to-market is direct enterprise sales to oil, gas, petrochemical, chemical, and energy sector customers, supported by a partner ecosystem of more than eight firms (including strategic partner SZOLTERV Kft., with whom VPE jointly recruits project managers, as well as TDE Field Service, O&G Development, PETROLTERV, PROCESSIS, Aerzen Hungária, Polaris Solutions, and Agrokémia Sellye). Named enterprise customers are MOL Nyrt. and MOL Petrolkémia Zrt. (both part of the MOL Group), which together represent the primary disclosed revenue anchors and account for the small customer base.

Name

Vector Petroleum & Energy

Legal name

VECTOR PETROLEUM & ENERGY Szolgáltató és Tanácsadó Kft.

Website

https://vpe.co.hu

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Vector Petroleum & Energy is a Hungary-based engineering services firm delivering licensed EPC/EPCM and consulting services for oil, gas, petrochemical, and energy sector projects across Hungary, Serbia, and Russia, with MOL Group as its primary disclosed enterprise customer.

Ownership category

akta.pro rank

Product category

Oil, Gas and Energy EPC/EPCM Engineering Services

NAICS

Oil and Gas Pipeline and Related Structures Construction (237120)

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL)

Keywords

• EPC project services
• EPCM engineering consulting
• Oil and gas services
• Petroleum engineering consulting
• Energy sector project management

Headquarters

HQ city

Budapest

HQ country

Hungary

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering and Consulting Services: Professional services including project preparatory work, feasibility studies, FEED planning, technical design, consultation, building permit documentation, and technical supervision. Services are provided within EPC/EPCM framework for oil, gas and energy industry projects.

Distribution channels1 record

Marketing channels1 record

Core offering

Vector Petroleum & Energy delivers EPC/EPCM and consulting services for the oil, gas, petrochemical, chemical and energy sectors. The offering covers project preparatory work, concept through construction-stage engineering design, technical consultation and expert services, supervisory work and technical inspection, EPCM project management, and construction and commissioning management. Services are delivered through custom, quote-based project engagements with attention to technical compliance, safety, cost-efficiency and time-efficiency.

Product overview

Vector Petroleum & Energy is an engineering and consulting services company operating in the oil, gas, and energy industry. The company provides specialized services under EPC/EPCM contract models, offering a comprehensive suite of services that includes project preparatory work, engineering design (concept, FEED, technological, and construction), technical consultation and expert services, supervisory work and technical inspection, project management and EPCM services, and construction/commissioning management. The company holds industry licenses (GOT) and specialized design and construction supervisor licenses (MV/ME series) for the oil, gas, and energy sector. Services are delivered cost-effectively with attention to technical compliance, safety, and time-efficiency, utilizing qualified partners and reliable suppliers.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering Design Services

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• MOL Nyrt.minorOthersMajor Hungarian oil and gas company listed on Budapest Stock Exchange. Listed as customer/partner in Vector Petroleum & Energy's partner section.
• MOL Petrolkémia Zrt.minorOthersHungarian petrochemical company subsidiary of MOL Group. Listed as customer/partner in Vector Petroleum & Energy's partner section.
• SZOLTERV Kft.coreStrategic or Co-development PartnerHungarian engineering and planning company. Joint job posting for Project Manager position indicates active operational partnership. Provides PDF details for career applications.
• TDE Field Service Kft.minorOthersListed as partner company providing field services in oil and gas sector.
• O&G Development Kft.minorOthersOil and gas development company listed as partner.
• Agrokémia Sellye Zrt.minorOthersHungarian agricultural chemistry company listed as partner.
• PROCESSIS Kft.minorOthersListed as process engineering partner.
• Polaris Solutions Kft.minorOthersListed as partner company. Also appears on Russian language partner page.
• PETROLTERV Fővállalkozó és Tervező Kft.minorStrategic or Co-development PartnerHungarian engineering and construction company specializing in oil and gas sector. Listed on Russian language partner page with website link.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Bilfinger SE: European industrial services provider offering engineering, maintenance, and consulting services to oil, gas, petrochemical, and energy clients. Comparable focus on engineering services and adjacent sectors.
• Worley Limited: Global energy, chemicals, and resources engineering and EPCM firm. Provides engineering design, project management, and technical supervision services to oil, gas, and petrochemical clients, directly comparable to VPE's EPCM service offering.
• Saipem S.p.A. Italian EPC and drilling contractor offering engineering, procurement, construction, and project services for oil, gas, and energy infrastructure. Strong overlap in oil & gas and energy EPC services.
• TechnipFMC: Global technology and services provider for the energy industry, including subsea, surface, and onshore/offshore engineering and EPC services. Overlapping EPCM and project delivery capabilities for oil, gas, and energy projects.
• Petrofac Limited: UK-based EPC and oilfield services provider delivering engineering, procurement, construction, and project management for upstream and midstream oil and gas projects. Directly comparable service portfolio and customer base.
• Wood Group (John Wood Group PLC): Global consulting and engineering firm delivering engineering, project management, and technical services to oil, gas, and energy clients. Closely comparable service lines and customer segments to VPE.
• RINA Consulting (RINA S.p.A.): European certification, engineering, and consulting firm providing engineering services to oil, gas, energy, and industrial clients. Comparable in offering specialized engineering and consulting services for energy infrastructure projects.

Broad incumbents

• AtkinsRéalis (formerly SNC-Lavalin): Global engineering, project management, and consulting firm with energy and oil & gas service lines. Comparable consulting and project delivery capabilities, though within a much broader portfolio.
• KBR, Inc. Large US-based engineering, procurement, construction, and project management firm with government and energy services. Comparable EPCM capabilities but operates at much larger scale and across a broader portfolio.
• Fluor Corporation: Global EPC firm serving energy, chemicals, and industrial clients with engineering, procurement, fabrication, construction, and project management services. Comparable EPCM service offerings but at significantly larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/vector-petroleum-energy-kft

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 Vector Petroleum & Energy