ENCOTEC

What ENCOTEC does

ENCOTEC (Encotec CJSC) is a privately held, multi-discipline engineering services company founded in 2001 and headquartered in Baku, Azerbaijan, with additional offices in Tbilisi, Georgia and Ankara, Turkey. The company delivers the full project lifecycle for industrial clients, from feasibility studies and conceptual engineering through detailed design, procurement, construction, and commissioning, with operating geographies spanning Azerbaijan, Georgia, Kazakhstan, and Moldova. Its service portfolio comprises seven core offerings: Consulting/Studies, Engineering Design, PMC, Construction/Fabrication/Installation/Commissioning, EPCm, EPC, and Renewable Energy Solutions, augmented by the ORCA Offshore inspection and NDT capability acquired in 2023.

The company is primarily oriented toward the oil and gas sector, serving international oil companies (notably BP via a 3-year Master Agreement, 2022-2024), national oil companies and their midstream subsidiaries (SOCAR, SOCAR Midstream Operations, UBOC), and major EPC contractors and service companies (Petrofac, Azfen, Schlumberger, McDermott, Fluor, Halliburton). Its engineering design work is executed on an internationally recognized CAD/CAE stack (PDMS/AVEVA, CAESAR II, AutoPlant Modeler, ProSteel Professional, STAAD.Pro, ETAP, ProjectWise Navigator, AutoPIPE, SCAD Office) supporting 3D modeling and multi-discipline design. The company holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 29001:2020 certifications.

Commercially, ENCOTEC operates as a project-based professional services firm with custom, negotiated pricing per engagement and multi-year contract cadence, primarily won through competitive bidding, frame agreements, and long-standing direct relationships with enterprise clients. The go-to-market is enterprise field sales targeting large infrastructure projects in the Caspian region. Recent strategic activity includes the 2023 ORCA Offshore acquisition, a 2024 strategic alliance with KENT Energies UK, expansion into mining (Dashkasan Iron Ore PMC) and renewable energy (wind park work), and new geographic reach into Kazakhstan and Moldova, indicating active diversification beyond the original oil and gas core.

Name

ENCOTEC

Legal name

Encotec CJSC

Website

https://encotec.az

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Oil & Gas Engineering Services

NAICS

Engineering Services (541330), Architectural, Engineering, and Related Services (5413)

akta.pro primary industry

Design-Build / EPC General Contracting (IMAFAAAD)

Keywords

• Oil and gas engineering
• Project management consulting
• EPC construction services
• Engineering design services
• Pipeline engineering design

Headquarters

HQ city

Baku, Baku

HQ country

Azerbaijan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering and Design Services: Provides multi-discipline engineering and design services ranging from Feasibility Studies and Conceptual Engineering to Front-End Engineering and Detailed Design. Services include process and technical safety, mechanical/piping, electrical/instrumentation, architectural/civil/structural engineering.
2. EPC/EPCm Projects: Full Engineering, Procurement, Construction and Management services for complex infrastructure projects including oil & gas facilities, pipelines, terminals, and offshore platforms.
3. PMC (Project Management Consulting): Project management and construction management services including procurement, planning, scheduling, QA/QC, HSE, construction supervision, cost control, and quantity surveying.
4. Construction and Fabrication Services: Construction, fabrication, installation, commissioning and handover of industrial facilities including geotechnical works, earthworks, structural installations, piping, mechanical equipment, and electrical/instrumentation installations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

ENCOTEC provides multi-discipline engineering and design, PMC, construction/fabrication/installation/commissioning, and EPC/EPCm services to enterprise clients in the oil and gas and broader industrial sectors. Services span the full project lifecycle from feasibility studies and conceptual/FEED engineering through detailed design, procurement, construction, and commissioning, executed using internationally recognized CAD/CAE tools and 3D modeling techniques. The firm also delivers renewable energy integration solutions and offshore inspection services through its acquired ORCA Offshore unit.

Product overview

ENCOTEC is an engineering services company offering a comprehensive portfolio of services for the oil and gas and industrial sectors. The core offerings include Consulting/Studies, Engineering Design, PMC (Project Management Consulting), Construction/Fabrication/Installation/Commissioning, EPCm (Engineering/Procurement/Construction Management), and EPC (Engineering/Procurement/Construction). These services cover the full project lifecycle from feasibility studies and conceptual engineering through detailed design, procurement, construction, and commissioning. ENCOTEC also offers Renewable Energy Solutions for integrating renewable energy into existing operations, and has expanded its capabilities through the acquisition of ORCA Offshore for offshore inspection services.

Differentiator

Problem solved

Functional benefit

Products and services

• Consulting/Studies Engineering studies and consulting services ranging from simple technical problem analysis to comprehensive feasibility studies for multi-million-dollar investment projects, including Front End Engineering and Design (FEED) works. Targeted at enterprise clients in the oil and gas and industrial sectors.
• Engineering Design Multi-discipline, multi-skill engineering and design services covering process, mechanical/piping, electrical/instrumentation, and architectural/civil/structural disciplines. Uses internationally recognized CAD/CAE software including PDMS (AVEVA), CAESAR II, AutoPlant Modeler, ProSteel Professional, STAAD.Pro, ETAP, and ProjectWise Navigator for 3D modeling and detailed engineering. Targeted at enterprise clients in oil and gas and industrial sectors.
• PMC (Project Management Consulting) Project management and construction management services covering procurement, planning and scheduling, QA/QC, HSE, construction supervision, cost control, and quantity surveying. Includes resource, schedule, risk, and change management. Targeted at enterprise clients executing large industrial and infrastructure projects.
• Construction, Fabrication, Installation, Commissioning Construction services including industrial buildings and facilities construction, fabrication, installation, commissioning and handover, testing and inspection. Provides construction management, supervisory team, QC and HSE team, and execution workforce. Targeted at enterprise clients in oil and gas, energy, and industrial infrastructure.
• EPCm (Engineering, Procurement, Construction Management) Engineering, procurement, and construction management services where ENCOTEC manages detailed design and overall project execution on behalf of the client. Responsible for supervising and coordinating the construction interface and establishing contractual arrangements with contractors, vendors, and sub-contractors. Targeted at enterprise clients executing complex industrial and oil and gas projects.
• EPC (Engineering, Procurement, Construction) Full EPC services including multi-discipline engineering and design (conceptual, FEED, detailed), procurement, construction, installation and commissioning. Manages the complete project cycle from project entry through engineering, procurement, construction, installation, commissioning to project completion. Targeted at enterprise clients executing large industrial and oil and gas projects.
• Renewable Energy Solutions Solutions to integrate renewable energy into existing operations, modifying existing facilities and developing new facilities to produce renewable fuels and creating sustainable plants. Includes wind park engineering projects. Targeted at enterprise clients seeking clean energy integration.
• ORCA Offshore Inspection Services Offshore inspection and services including inspection and testing of lifting equipment, drill and tubular pipes; NDT services; rope access services; planning and control of lifting operations; rig building; supply and rental of lifting equipment; and training, assessment and coaching. Targeted at offshore oil and gas operators and major oilfield services firms in the Caspian region.

Quantifiable outcome

• Reached one million LTI-free manhours on BP project
• +1 more outcomes

Named customers17 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered major and core.

• GL International LtdmajorStrategic or Co-development Partner · 1 June 2022ENCOTEC signed Frame Agreement with GL International Ltd (Taghiyev Operating Company) for various engineering, consulting, project management, construction and repair works on H.Z.Taghiyev Oil and Gas Extraction Facility at Buzovna area and other locations.
• SOCAR Midstream OperationscoreStrategic or Co-development Partner · 1 April 2022ENCOTEC signed frame agreement with SOCAR Midstream for provision of Engineering and Project Management Services. The scope includes Engineering, Procurement, Construction, and management (EPCm) work to support SOCAR Midstream project portfolio. ENCOTEC supports maintaining highest possible safety and reliability standards.
• UBOC (Umid Babek Operating Company)coreStrategic or Co-development Partner · 1 January 2022ENCOTEC started work on several offshore projects for UBOC for UMID-1 & UMID-2 offshore platforms including engineering works for Separator Frame, DDE for Causeway 20" Pipeline, Central Control Building, Living Quarters, and 16" condensate pipeline.
• Dashkasan Iron Ore CompanymajorStrategic or Co-development Partner · 1 December 2021ENCOTEC awarded Contract for Project Management Consultancy (PMC) for Dashkasan Iron Ore company in frame of Dashkasan Iron Ore Deposit (DIOD) project. PMC covers FEED development, EPC contract management, procurement management, construction management, commissioning management, and as-built documentation plans.
• BPcoreStrategic or Co-development Partner · 13 September 2021ENCOTEC announced award by BP of 3-year Master Agreement (2022-2024) for Provision of Appraise, Select and Niche Engineering Services. Work includes provision of onshore and offshore engineering consultancy, engineering design and project management services to oil and gas production facilities and assets.
• KENT Energies UKcoreStrategic or Co-development PartnerENCOTEC signed a strategic Alliance Agreement with KENT Energies UK covering joint engineering services in various geographic areas and industry fields. The alliance aims to enhance knowledge and deliver high professional engineering works. The companies are also working together on the Absheron Condensate Tie-In Project at Sangachal Terminal.
• ORCA OffshorecoreStrategic or Co-development PartnerENCOTEC acquired ORCA Offshore, one of the leading regional inspection companies. The acquisition provides ENCOTEC with expanded service capabilities including inspection and testing of lifting equipment, NDT services, rope access services, training and coaching, and planning/control of lifting operations. ORCA has extensive experience with major oil and gas companies including Bos Shelf, Subsea7, Schlumberger, Halliburton, and SOCAR.
• SOCAR Midstream Operations (Absheron Projects)coreStrategic or Co-development PartnerENCOTEC awarded contract for Absheron Onshore Pipeline Route Survey and Identification of Terminal Location for SOCAR Midstream Operations (2023-ongoing). Services include geodetic survey, land categorisation, pipeline route survey, permits and license obtaining, HAZIE and ESIA studies.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Petrofac Limited: Global EPC and operations services firm for oil & gas, with established Caspian presence. Listed as a current ENCOTEC partner/customer; comparable in EPCm and engineering services delivery, though at significantly larger scale.
• McDermott International: Global EPC specialist focused on offshore and subsea oil & gas. Listed as ENCOTEC partner; comparable on offshore platform, pipeline, and terminal engineering scopes that ENCOTEC delivers via UBOC and Sangachal work.
• Wood Group (John Wood Group): Global engineering and consulting firm serving energy and industrial markets with EPCM and project management capabilities. Comparable to ENCOTEC on engineering design, PMC, and EPCm for oil & gas facilities.
• Fluor Corporation: Global EPC major with broad energy, industrial, and infrastructure capabilities. Listed as a current ENCOTEC partner; comparable as a full-scope EPC competitor on Caspian-adjacent projects.

Direct peers

• Tekfen Engineering: Turkish EPC contractor operating in Caspian and MENA via the AZFEN joint venture with SOCAR. Direct peer given shared Caspian footprint, EPC execution for oil & gas, and frequent collaboration/competition on Azerbaijani projects.
• Kent PLC: UK-based engineering and project services firm serving energy and industrial clients globally. Direct peer given the 2024 strategic alliance with ENCOTEC and overlapping EPC, engineering design, and PMC capabilities across oil & gas and process industries.
• AZFEN (Tekfen-SOCAR JV): Azerbaijani EPC contractor (Tekfen-SOCAR JV) active in Caspian pipelines and infrastructure. Direct peer and existing ENCOTEC customer/partner; competes and collaborates on the same SOCAR and BP project pipeline.
• Worley Limited: Global engineering services and EPCM firm with deep oil & gas and energy transition exposure. Comparable to ENCOTEC across multi-discipline engineering, PMC, and EPCm delivery models for upstream, midstream, and infrastructure projects.

Regional players

• National Petroleum Construction Company (NPCC): UAE-based EPC contractor serving offshore and onshore oil & gas across the Middle East and Caspian. Comparable regional peer on EPC and construction scopes for upstream oil & gas infrastructure.
• Bos Shelf: Azerbaijani offshore construction company operating in the Caspian. Direct regional peer to ENCOTEC for offshore engineering and construction services; both serve the same Caspian offshore oil & gas customer base.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/encotec

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 ENCOTEC