MAPSA Co.

What MAPSA Co. does

MAPSA Co. is a privately held engineering solutions company headquartered in Tehran, Iran, founded in 1999 to deliver project management and engineering services across the oil and gas, petrochemical, and energy industries. The company's core activity is industrial project management delivered in MC (Managing Contractor) and PMC (Project Management Contractor) formats, complemented by technical inspection services (corrosion, welding, pressure vessels, mechanical, electrical, piping, and structural inspection implemented under ISO 17020), specialized upstream laboratory analysis (RCAL, SCAL, geomechanics, formation damage, PVT, and geochemical testing), and water desalination engineering under EPC, B.O.O., and B.O.T. contracts. MAPSA has built what it describes as one of the most equipped non-governmental upstream laboratories in the Middle East, with an accumulated record of approximately 9 kilometers of core analysis and a proprietary reservoir characteristics database.

The company monetizes primarily through B2B project-based professional services contracts, awarded via direct enterprise sales and tenders to major industrial clients in Iran, with a smaller licensing/royalty stream from its proprietary petroleum engineering software (PVT PRO, ACID PRO, FLOW PRO) developed and sold by the in-house MAPSA Technology Center (MTC). MAPSA's go-to-market is enterprise field sales targeting oil and gas, petrochemical, and water/energy buyers, supported by a regional inspection network across Iran, a LinkedIn presence, and downloadable technical brochures. Its integrated offering spans field studies, drilling services, core analysis, software, project management, and inspection, with operations organized across multiple subsidiaries including MAPSA KISH, MAPSA HR, MAPSA SAFETY, ATIS, and a strategic partnership with National Petrochemical Company (NPC). The company is ISO 9001-2000, ISO 17020, and EFQM certified and applies PMBOK project management standards.

Name

MAPSA Co.

Legal name

MAPSA Co.

Website

https://mapsaeng.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

251–500 employees

Short description

MAPSA Co., founded in 1999 in Tehran, Iran, delivers engineering and project management services—including MC/PMC, technical inspection, core analysis, proprietary petroleum software, and water desalination—to oil and gas, petrochemical, and energy sector clients in the Middle East.

Ownership category

akta.pro rank

Product category

Oil & Gas Engineering Services

NAICS

Testing Laboratories and Services (54138), Support Activities for Mining (2131)

SIC

Oil & Gas Field Services, Nec (1389), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Third-Party Certification, Code Compliance & Regulatory Inspection (ASME/API/ISO) (EUAEAHAN)

Keywords

• Oil gas engineering services
• Petroleum engineering software
• Core analysis laboratory
• Project management consulting
• Technical inspection services

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Project Management Services: MC (Managing Contractor) and PMC (Project Management Contractor) services for industrial projects in oil and gas, petrochemical, and energy sectors. The MC department acts as client representative, controlling contractor work progress and ensuring project delivery.
2. Technical Inspection Services: Comprehensive inspection services from Material Inspection through Installation and Commissioning according to ITP (Inspection and Test Plan). Covers various industrial equipment and processes including welding, pressure vessels, mechanical equipment, electrical equipment, and structural inspections.
3. Laboratory Analysis Services: Core analysis laboratory services including Routine Core Analysis (RCAL), Special Core Analysis (SCAL), Geomechanics, Formation Damage, Acid treatment, EOR studies, PVT analysis, and geochemical tests. Operates one of the most equipped specialized upstream laboratories in the Middle East.
4. Petroleum Software Products: Sale and technology transfer of petroleum engineering software including PVT PRO, ACID PRO, and FLOW PRO software. Provides consultancy services and training for petroleum engineering professionals.
5. Water Desalination Services: Provides complete services in EPC, B.O.O or B.O.T formats for water desalination systems including dewatering, pre-treatment, reverse osmosis, final treatment, drinking water, and sewage discharge systems.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

MAPSA Co. is an Iranian engineering solutions company that delivers project management (MC/PMC), technical inspection, specialized laboratory core analysis, proprietary petroleum engineering software, and water desalination EPC services across the oil and gas, petrochemical, and energy value chains. It operates dedicated departments — MC Department, Technical Inspection Department, MAPSA Technology Center (MTC), MAPSA Core Analysis Laboratory, and Water Desalination Department — providing end-to-end services from field studies and drilling through quality assurance and project execution.

Product overview

MAPSA Co. offers a portfolio of specialized petroleum engineering software products and industrial services for the oil and gas industry. The core software products include PVT PRO Software (PVT analysis), ACID PRO Software (acid treatment analysis), and FLOW PRO Software (multiphase flow modeling), all developed by the MAPSA Technology Center (MTC). Supporting these software offerings are laboratory services (MAPSA Core Analysis Laboratory for RCAL, SCAL, geomechanics, and PVT testing), inspection services (Technical Inspection Department for industrial project quality assurance), and project management services (MC Department). The company also operates a Water Desalination Department providing water treatment solutions. This integrated approach enables MAPSA to deliver complete engineering services from field studies and drilling services through core analysis, software solutions, project management, and technical inspection across the oil, gas, petrochemical, and energy industries.

Differentiator

Problem solved

Functional benefit

Products and services

• PVT PRO Software Petroleum engineering software for PVT (Pressure-Volume-Temperature) analysis used in reservoir and production engineering by upstream oil and gas professionals.
• ACID PRO Software Specialized software for acid treatment analysis in petroleum engineering applications, used by reservoir and stimulation engineers designing matrix and fracture acidizing treatments.
• FLOW PRO Software Multiphase flow software for petroleum engineering projects covering reservoir, fluid properties, and production systems, used by production and reservoir engineers.
• MAPSA Technology Center (MTC) Computer software engineering center engaged in development, sale, and technology transfer of petroleum software, providing consultancy services in the upstream petroleum industry and training for petroleum engineering professionals.
• MAPSA Core Analysis Laboratory Specialized laboratory performing Conventional and Special core analysis tests (RCAL and SCAL), Geomechanic, Formation damage, Acid treatment, EOR, geological studies, Fluid Analysis Tests (PVT), and geochemical tests for oil and gas operators, with a record of around 9 kilometers of core analysis.
• Technical Inspection Department Inspection services for industrial projects in oil, gas, petrochemical, energy, and water sectors covering material inspection through installation and commissioning stages, with capabilities in corrosion, welding, pressure vessels, mechanical equipment, electrical, piping, storage tanks, tubular, steel structure, painting, and coating inspection.
• Water Desalination Department Water and energy unit providing EPC, B.O.O, and B.O.T services including dewatering, pre-treatment, reverse osmosis, final treatment, drinking water, and sewage discharge systems for industrial and municipal clients.
• MC Department (Managing Contractor) Managing Contractor department acting as client representative to control contractor work progress, compile and execute MC systems, establish IT infrastructure, and provide project management services for industrial projects based on PMBOK standards, including PMC engagements.

Quantifiable outcome

• Extracted reservoir characteristics of some of the world's largest oil and gas fields
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core.

• MAPSA KISHcoreOthersSubsidiary company of MAPSA Co., operating as part of the MAPSA family of companies. Website: https://www.mapsakish.com/
• NPC (National Petrochemical Company)coreStrategic or Co-development PartnerStrategic partner in petrochemical sector. NPC is a major national petrochemical company, and MAPSA provides project management and engineering services for petrochemical projects. Website: https://npc-core.com/
• MAPSA HRcoreOthersSubsidiary company providing human resources and training services, including bootcamp programs for workforce development. Website: https://bootcamp.mapsahr.com/
• MAPSA SAFETYcoreOthersSubsidiary company focused on safety services and solutions for industrial applications. Website: http://www.mapsasafety.ir/

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Petrofac: International EPC and operations services provider for the oil & gas sector with strong Middle East exposure. Comparable as a vertically integrated PMC, engineering, and inspection services provider to upstream and midstream operators.
• Worley: Global engineering and project services firm with deep energy and chemicals projects portfolio. Comparable as a PMC and engineering services provider across upstream oil & gas, petrochemicals, and energy transition projects.
• Wood Group: International engineering and consulting firm serving energy and materials markets including upstream oil & gas, refining, and petrochemicals. Comparable as a PMC, engineering, and inspection services provider to the same end markets.
• Saipem: Italian multinational providing engineering, drilling, and construction services to the oil & gas industry worldwide. Comparable as a vertically integrated services provider spanning project management, engineering, and field services for upstream and midstream projects.
• Technicas Reunidas: Spanish EPC contractor focused on oil & gas, petrochemical, and energy projects, with strong track record in Iran and the Middle East. Comparable as an international alternative to MAPSA for refinery and petrochemical PMC work.

Regional players

• Galfar Engineering & Contracting: Oman-headquartered EPC and engineering services contractor with oil & gas, infrastructure, and utilities exposure. Comparable in providing diversified project management and engineering services to Middle East oil & gas clients.
• Engineering for Petroleum and Industry (ENPPI): Egyptian state-owned EPC contractor for oil, gas, and petrochemical projects across the MENA region. Comparable as a regional PMC/EPC peer serving national oil companies in the same upstream and petrochemical value chain.
• National Petroleum Services (NPS): Oman-based oil & gas services and EPC contractor operating across the Middle East and North Africa. Comparable as a regional player providing project management, inspection, and engineering services to Middle East oil & gas operators.

Direct peers

• MAPNA Group: Major Iranian industrial conglomerate providing engineering, construction, and project management services to oil & gas, power, and energy sectors. Directly comparable in providing indigenous engineering and PMC services that substitute for foreign providers in Iran.
• Iranian Offshore Engineering and Construction Company (IOEC): Iranian state-linked EPC and offshore engineering contractor serving NIOC and the offshore oil & gas sector. Highly comparable as a domestic Iranian engineering services and project management peer operating in the same upstream oil & gas value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/abdal-industrial-projects-management-co-mapsa-
• Xx.com/mapsaeng

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries10 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 MAPSA Co.