The company's first headquarters was in Homs, Syria, but later moved to Beirut, where Hasib Sabbagh, Said Khoury, and Kamel Abedelrahman, the founders, became the sole owners of CCC to create and Arab construction company. In 1950, CCC won a large contract to build pipelines from Kirkuk in Iraq, to Banyas in Syria, and Tripoli in Lebanon. In 1952, CCC was able to obtain another major contract for a Bechtel-Wimpey joint venture, this time in Aden, to build a major refinery and a camp for workers. A year later, CCC won projects in the United Arab Emirates, Bahrain, and Qatar. In 1973, CCC set up the National Petroleum Construction Company in Abu Dhabi to provide offshore services to the oil and gas industries in all the countries of the Persian Gulf. Today NPCC has an annual revenue of over US$800 million