ENGlobal is an engineering and technical services firm that serves the U.S. energy sector and the U.S. government. The company provides engineering, procurement, construction management, and automation and systems integration services. ENGlobal helps clients design, execute, and manage capital improvement and maintenance projects for downstream refineries, petrochemical plants, renewable energy facilities, and midstream pipeline and storage operators. The company also designs and fabricates modular automation systems, including distributed control systems, emissions monitoring systems, and power distribution units. ENGlobal operates through two segments: Commercial and Government. The Commercial segment delivers engineering, procurement, and automation fabrication to oil and gas clients, while the Government segment provides process control design, IT systems integration, and electrical maintenance primarily to the U.S. Navy. ENGlobal generates revenue by billing for professional labor through time-and-material and fixed-price contracts. The company relies on multi-year Master Services Agreements to secure recurring project awards, with profitability driven primarily by engineering utilization rates and labor cost management.
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