Question

What is EPC in oil and gas?

Answer 1

In the construction industry, EPC is an acronym for Engineering, Procurement and Construction in connection with projects such as tank terminals. It is a standard term that refers to a special form of project execution and contract design.

EPC (Engineering, Procurement and Construction) | Glossary ...

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EPC (Engineering, Procurement, and Construction) is a contract-based project delivery model. Oil and gas companies often rely on EPC contractors for large-scale and long-term projects that require skilled labor and fine-tuned project management.