Oil Design & Construction Company (ODCC)

What Oil Design & Construction Company (ODCC) does

Oil Design & Construction Company (ODCC) is an Iran-headquartered engineering, procurement, and construction (EPC) contractor founded in 1991, providing integrated services from conceptual design and feasibility studies through detailed engineering, procurement, construction, pre-commissioning, and commissioning. Its core offering covers refinery development and expansion, upstream oil and gas field facilities, petrochemical complexes, storage terminals and pipelines, power and renewable energy infrastructure, and water treatment and desalination. ODCC holds a Grade 1 qualification certificate from Iran's Plan and Budget Organization for oil, gas, and petrochemical design-build contracting, and reports a portfolio of more than 50 domestic and 6 international projects.

The company's project portfolio is concentrated in Iran's state petroleum sector, with marquee engagements including the Abadan Refinery Phase 1 (~€1.2B, completed 2021) and Phase 2 (~€1.8B, awarded as consortium leader), the Isfahan RFCC petrorefining project (~25% physical progress as of 2024), the Shiraz Diesel Hydrotreating unit (inaugurated 2025, with 75%+ localization and ~9 million person-hours of specialized work), the Tabriz isomerization completion, the Gachsaran refinery build, and the Vostok project in Russia. ODCC employs approximately 2,263 personnel, including 350-400 in-house engineers, and maintains a central headquarters in Tehran alongside operations support locations at all major project sites. The company is owned by the Oil Industry Pension Fund and the National Iranian Oil Refining and Distribution Company, both state-affiliated entities within Iran's petroleum sector.

ODCC's revenue model is project-based EPC contracting, with multi-year contracts awarded through formal government tenders and direct negotiation with NIOC and NIORDC subsidiaries. Pricing is negotiated per tender specifications and tied to scope, complexity, and market conditions; progress billings are recognized over the execution period. The go-to-market combines direct enterprise field sales with international consortium partnerships, and recent diversification includes a 500 MW solar power plant in Khuzestan, a real-time monitoring system for the national petroleum supply chain (MoU with IranCell and MAPNA Group), and water treatment infrastructure, expanding beyond its traditional refinery and upstream EPC base.

Name

Oil Design & Construction Company (ODCC)

Legal name

Oil Design & Construction Company (ODCC) / شرکت طراحی و ساختمان نفت

Website

https://odcc.ir

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

501–1,000 employees

Short description

ODCC is an Iran-based, state-owned EPC contractor founded in 1991 that delivers full-lifecycle engineering, procurement, and construction services for refineries, upstream oil and gas facilities, petrochemical plants, storage and pipeline infrastructure, and renewable energy projects to Iranian state-owned petroleum clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Tehran

HQ country

Iran

HQ region

Middle East

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. EPC Contracts: Engineering, Procurement, and Construction (EPC) contracts for refinery upgrades, petrochemical plants, and upstream facilities. Revenue recognized upon project completion with progress payments during execution. Major projects include Abadan Refinery Phase 2 (1.8 billion EUR), and RFCC project at Isfahan Refinery.
2. Project Management Services: Integrated project management services encompassing engineering, procurement coordination, and construction supervision for complex megaprojects

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Oil Design & Construction Company (ODCC) is an Iranian Engineering, Procurement, and Construction (EPC) contractor that delivers integrated design, engineering, procurement, construction, commissioning, and project management services for upstream oil and gas field developments, refineries, petrochemical complexes, storage terminals, pipelines, power plants, and water treatment/desalination facilities. It also offers solar energy systems and real-time monitoring/control technology for industrial assets.

Product overview

ODCC (Oil Design & Construction Company) operates as a comprehensive engineering, procurement, and construction (EPC) contractor serving Iran's oil, gas, and petrochemical industries. The company offers an integrated portfolio of services including Design and Engineering, Procurement and Supply, Design and Build (Construction/Installation), and Project Management. Their core offerings span refinery development, upstream oil and gas field development, petrochemical complexes, terminals/storage/pipelines, power plants, and renewable energy/water treatment facilities. The company also develops proprietary technologies including solar energy systems (500 MW project) and real-time monitoring systems for supply chain management. ODCC has completed over 50 domestic projects and 6 international projects, positioning itself as a leading engineering contractor in Iran's energy sector.

Differentiator

Problem solved

Functional benefit

Products and services

• Engineering, Procurement and Construction (EPC) Services

Quantifiable outcome

• Over 50 domestic projects and 6 international projects successfully completed
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• IranCell (ایرانسل)coreTechnology or Integration · 3 February 2025MoU signed for real-time monitoring and smart management of petroleum product supply chain. IranCell provides communication infrastructure and IoT systems integration for tracking fuel distribution across 16,500 tankers and 5,600 km of pipeline networks.
• MAPNA Group (گروه مپنا)coreTechnology or Integration · 3 February 2025MoU signed for real-time monitoring and smart management of petroleum product supply chain. MAPNA provides technical expertise for system integration and monitoring infrastructure.
• Bank Dey (بانک دی)minorGTM or Marketing Partner · 3 February 2025MoU signed on the final day of Domestic Manufacturing Exhibition for cooperation, with Dey Bank as a financial and banking partner for project financing and commercial activities.
• Russian Company (Vostok Project)coreStrategic or Co-development Partner · 1 January 2025Partnership with a Russian company for the Vostok project involving upstream oil facilities and earthworks. This international project represents ODCC's entry into the Russian market and provides opportunity for broader Central Asian market expansion.
• Foreign Partner (Abadan Phase 1)coreStrategic or Co-development Partner · 1 January 2024Initially participated as consortium partner for Abadan Refinery Phase 1 with a foreign partner; the foreign partner withdrew due to sanctions, and ODCC continued independently with Iranian engineering and execution capability.

Scale indicators11 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Samsung Engineering: Korean EPC contractor focused on refineries, petrochemical plants, and energy infrastructure. Comparable to ODCC in executing mega-scale refining and petrochemical EPC projects, including modular and pre-commissioned facility delivery.
• Petrofac: International EPC and operations services provider for the oil & gas, refining, and petrochemical industries. Directly comparable to ODCC as a multi-discipline EPC contractor executing refinery, upstream, and petrochemical projects on a project-based, tender-driven model.
• Técnicas Reunidas: Spanish engineering and construction firm specialized in refinery, petrochemical, and upstream oil & gas EPC delivery. Directly comparable to ODCC in executing complex refining and hydroprocessing mega-projects for state-owned national oil companies.
• McDermott International: US-origin EPC contractor for offshore and onshore energy projects, including oil & gas processing, refining, and petrochemical facilities. Comparable to ODCC in delivering large hydrocarbon process facility EPC under tight schedule and sanctions-conscious operating environments.
• Saipem: Italian oilfield services and EPC contractor covering onshore and offshore oil & gas, refining, and petrochemical facilities. Comparable to ODCC as a full-lifecycle EPC provider for hydrocarbon infrastructure with significant refining and pipeline project experience.
• JGC Corporation: Japanese EPC contractor with deep specialization in refinery, petrochemical, and LNG projects globally. Comparable to ODCC as a process-industries EPC contractor executing large grassroots and brownfield refinery expansion projects for national oil companies.

Broad incumbents

• MAPNA Group: Iranian state-affiliated energy engineering, power plant EPC, and industrial conglomerate. Closely comparable domestic peer to ODCC, sharing the same Iranian ownership ecosystem and now co-developing the ODCC-led smart petroleum supply chain monitoring system with IranCell.
• Worley: Global energy, chemicals, and resources project delivery and consultancy. Comparable to ODCC as a broad energy EPC and engineering services provider covering refining, petrochemicals, upstream, and increasingly renewables — wider portfolio but overlapping core refining EPC capabilities.
• Technip Energies: French-listed energy and resources EPC and technology company (post TechnipFMC spin-off). Comparable to ODCC on refining, petrochemical, and LNG EPC project delivery, though operating at a much larger international scale with proprietary process technologies.

Regional players

• National Petroleum Construction Company (NPCC): UAE-based EPC contractor majority-owned by Abu Dhabi National Oil Company, executing oil & gas, refinery, and offshore projects across the Middle East. Comparable to ODCC as a regionally rooted, state-affiliated EPC contractor for refining and oil & gas infrastructure within a sanctioned/regional ecosystem.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/oil-design-&-construction-company

Compliance2 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 Oil Design & Construction Company (ODCC)