Bagwell Energy Services, Inc.

What Bagwell Energy Services, Inc. does

Bagwell Energy Services, Inc. is a privately held, Louisiana-based industrial contractor serving offshore and onshore oil and gas operators. It fabricates ASME-certified pressure vessels, performs coded vessel repairs, builds structural decks and jackets, manifolds, modular assemblies, process and production skids and piping, and subsea structures, while also providing hydrostatic testing, blasting and coating, offshore construction and maintenance, and field installation. Its production model uses plasma cutting, vessel and pipe profilers, and automated welding across a 60-plus-acre Twin Parish Port operation.

Bagwell obtains work through direct relationships with enterprise customers, using lump-sum contracts for fabrication projects and project or professional-service arrangements for construction, field crews, testing, coating, and support. Offshore and onshore oil and gas are the primary segments, with chemical manufacturing, LNG processing, and renewable energy presented as secondary or emerging markets. Disclosed customers include Hess, Oxy, Talos Energy, Arena Offshore, Cantium, and Williams Companies, but the company does not publicly disclose pricing or customer-level revenue shares.

Name

Bagwell Energy Services, Inc.

Legal name

Bagwell Energy Services

Website

https://bagwellenergy.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

Bagwell Energy Services is a private industrial fabrication and construction contractor serving offshore and onshore oil and gas operators with pressure vessels, piping, skids, modules, offshore maintenance, testing, coating, and field-installation services.

Ownership category

akta.pro rank

Product category

Oil & Gas Fabrication and Construction Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Support Activities for Mining (2131)

SIC

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

akta.pro primary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

Keywords

• Offshore fabrication services
• Industrial steel fabrication
• Pressure vessel manufacturing
• Oil and gas construction
• Marine construction services

Headquarters

HQ city

Delcambre, Louisiana

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fabrication Services: Project-based fabrication services including structural fabrication, piping, ASME pressure vessels, manifolds, production equipment skids, and modular fabrication. Revenue generated through lump-sum project contracts based on specifications and scope of work.
2. Construction & Field Services: Offshore construction and maintenance services, including platform maintenance, installation, commissioning, and repair services. Also includes dispatch of trained crews for installation and maintenance at customer sites.
3. Blasting & Coating Services: Surface preparation and coating services for fabricated equipment and structures, including sandblasting, painting, and corrosion protection.
4. Hydrostatic Testing Services: Pressure testing services for vessels, piping, and assemblies to verify integrity and compliance with specifications.
5. 24/7 Support Services: Round-the-clock support in fabrication, trucking, and procurement, providing ongoing support for projects of all sizes.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Bagwell Energy Services is a land and offshore construction and fabrication company serving the oil and gas industry. The company fabricates ASME-certified pressure vessels, decks and jackets, manifold systems, modular skids, subsea structures, and process piping, and provides offshore construction, installation, maintenance, blasting and coating, hydrostatic testing, and coded vessel repair services. Operations are supported by over 60 acres of production facilities at Twin Parish Port in Delcambre, Louisiana, including a marine water access slip enabling global shipping of large packages.

Product overview

Bagwell Energy Services is a land and offshore construction fabrication company serving the oil and gas industry. The company operates as a single unified offering centered on comprehensive fabrication and construction services rather than a platform-plus-modules architecture. The core portfolio includes ASME Certified Pressure Vessels, Decks & Jackets, Manifold Systems, Modular Fabrication & Assembly, Offshore Construction & Maintenance, Coded Vessel Repair, Process & Production Equipment Skid & Piping, Blasting & Coating, Subsea Structures, and Hydrostatic Pressure Testing. These services are supported by specialized equipment packages including Two and Three Phase Separator Packages, Gas Dehydration and Gas Sweetening Packages, Crude Dehydration Packages, Gas and Liquid Filtration Packages, and Line Heater Packages. The company utilizes advanced fabrication technology including plasma cutting tables, pipe profilers, vessel profilers, and automated welding equipment across over 60 acres of facilities at Twin Parish Port in Iberia Parish, Louisiana.

Differentiator

Problem solved

Functional benefit

Products and services

• ASME Certified Pressure Vessels Custom fabrication and manufacturing of pressure vessels certified to ASME standards (U-stamp), used in oil and gas production and processing applications.
• Decks & Jackets Structural steel fabrication of offshore platform decks and jackets, providing the foundational framework for offshore oil and gas installations.
• Manifold Systems Custom-designed and fabricated manifold systems for oil and gas distribution and flow control in upstream and midstream operations.
• Modular Fabrication & Assembly Prefabricated modular units and turnkey assembly services for offshore and land-based oil and gas facilities.
• Offshore Construction & Maintenance Full-service offshore construction, installation, and maintenance operations including subsea tie-backs, compressor installations, and platform upgrades.
• Coded Vessel Repair ASME R-stamp certified repair services for pressure vessels and coded vessels in compliance with regulatory standards.
• Process & Production Equipment Skid & Piping Custom skid-mounted process equipment and piping systems for oil and gas production, including interconnecting pipe fabrication.
• Blasting & Coating Industrial blasting and coating services for corrosion protection and surface preparation of fabricated structures and equipment.
• Subsea Structures Fabrication of subsea structural components for underwater oil and gas extraction and processing systems.
• Hydrostatic Pressure Testing Pressure testing services for vessels, piping, and assemblies to verify integrity and compliance with industry standards.
• Two and Three Phase Separator Packages Custom-designed separator packages for separating oil, gas, and water phases in production operations.
• Gas Dehydration and Gas Sweetening Packages Process equipment packages for removing water (dehydration) and sour gases (sweetening) from natural gas streams.
• Crude Dehydration Packages Including Electrostatic Packages Systems for removing water and contaminants from crude oil, including electrostatic dehydration technology.
• Gas and Liquid Filtration Packages Filtration equipment packages for purifying gas and liquid streams in processing facilities.
• Line Heater Packages Skid-mounted line heater units for heating hydrocarbon streams and preventing hydrate formation.

Quantifiable outcome

• Reduced project costs through advanced fabrication equipment while maintaining on-time delivery and quality
• +1 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators8 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• McDermott International: McDermott (the successor to Chicago Bridge & Iron, Bagwell's former acquirer) is a global engineering and construction provider for offshore oil & gas and energy infrastructure. It overlaps with Bagwell in offshore structural fabrication, pressure vessels, and modular construction, but at a vastly larger scale.
• Quanta Services: Quanta Services (PWR) is a large publicly traded infrastructure services company with growing exposure to oil & gas and renewable energy construction. It is comparable as a broad mechanical and structural contractor for energy end markets, though far larger and more diversified than Bagwell.
• KBR, Inc. KBR is a global engineering, procurement, and construction firm serving energy, government, and industrial clients. It competes with Bagwell indirectly through large-scale oil & gas and LNG construction projects while offering a far broader portfolio of services and geographies.

Direct peers

• Matrix Service Company: Matrix Service Company (MTRX) is a publicly traded industrial contractor that engineers and builds storage tanks, pressure vessels, and process modules for the oil & gas, power, and industrial markets. Like Bagwell, it provides ASME-coded fabrication, field construction, and turnaround services to upstream and midstream operators in the Gulf Coast.
• Sterling Industries: Sterling Industries is a privately held pressure vessel and process equipment fabricator serving oil & gas, petrochemical, and energy customers. It is closely comparable to Bagwell in ASME-coded vessel fabrication, skid and module assembly, and project-based lump-sum contracting.
• Orion Group Holdings: Orion Group Holdings (ORN) delivers industrial construction, fabrication, and field services across marine, oil & gas, and industrial end markets. It overlaps with Bagwell in heavy industrial fabrication, offshore construction, and turnkey project delivery for energy operators.
• Team Inc. Team Inc. (TISI) is a global provider of specialty industrial services including inspection, heat treating, and on-site field services for energy and process customers. It is comparable as a field-service and integrity-focused complement to Bagwell's fabrication and offshore construction offerings.
• Gulf Island Fabrication: Gulf Island Fabrication (GIFI) is a Houston-based fabricator of offshore structures, jackets, decks, and pressure vessels serving the Gulf of Mexico oil & gas industry. It shares Bagwell's core focus on offshore platform fabrication, ASME-coded vessel work, and Gulf of Mexico marine logistics.

Emerging players

• ENGlobal Corporation: ENGlobal (ENG) provides engineering, fabrication, and field services to the U.S. oil & gas and energy sectors. It is a smaller, comparable provider of instrumentation, fabrication, and modular construction services, with overlapping customers in midstream and downstream energy.

Others

• Burns & McDonnell: Burns & McDonnell is a private engineering, architecture, and construction firm serving oil & gas, power, and industrial clients. It is adjacent to Bagwell as a design-build partner that often sources fabrication and field services to specialists like Bagwell.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bagwell-energy-services-inc

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Bagwell Energy Services, Inc.