Houston, Texas, May 2016 – Gulf Interstate Engineering Company (Gulf), a leading provider of quality project management and engineering services for the worldwide industry, announced that they have once again been recognized as one of the world’s top design firms according to Engineering News-Record’s (ENR) Top 500 Design Firms listing. ENR provides comprehensive market analysis, as well as ranks the largest engineering, architectural and environmental design firms by revenue from 2015.
The Top 500 Design Firms listing reflects that while low oil prices have created an economic downturn, most U.S. design firms are maintaining a positive outlook. In fact, as a group, the Top 500 Design Firms had a revenue of $91.81 billion last year, which is only down by 0.5% from 2014’s revenue of $92.30 billion. Market growth also proved to increase by 4.4% to $69.07 billion. This analysis, coupled with the continued demand to transport oil and gas to markets, are why Gulf, and other pipeline companies like it, continue to believe that the midstream market remains strong. As a result, Gulf ranked #56 among the Top 500 Design Firms and #16 in the Industrial Process/Petroleum category. This continued recognition solidifies Gulf as a worldwide leader in the pipeline industry.
* * * * *
Founded in 1953, Gulf has grown to become one of the world’s leading international project management and engineering companies. Gulf is an ISO certified company, specializing in the design of pipelines, pump and compressor stations, production facilities, storage facilities and terminals. For more information, visit our web site at www.gie.com.