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Engineering Procurement and Construction

Projects front end engineering and design (FEED) is taking the King’s role over engineering, procurement and construction (EPC). FEED is King.

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Once the context awareness done, the question is no more “if” but “how” should the Oil & Gas industry turn digital.

For this purpose we designed a simple list to breackdown and categorize all the Use Cases from digitalization applicable to Oil and Gas operations.

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Whereas automation had clear applications in both manufacturing and processing industries, robotization was left behind when talking about the process industry.
Today, robotization is making a come back on the edge of the scene in the Oil and Gas world thanks to digital technologies.

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In August 2016, Eni and ExxonMobil signed an agreement by which Eni will sell 25% stake into the onshore LNG project and transfer the operator role to the US major ExxonMobil. Eni kept the operator role for the development of its offshore fields.

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The LNG eldorado of Yamal Gydan Peninsula Novatek has huge reserves on the Gydan peninsula, namely the Geofizicheskoye and Utrenneye fields, which combined hold some 7 billion barrels of oil equivalent (boe) of C1+C2 reserves, which is comparable to those of South Tambeyskoye field, the base for Yamal-LNG. The Geofizicheskoye and Utrenneye fields may generate […]

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Oil & Gas is booming while other Industries slow down 2B1st Consulting expects that you could already benefit from the business upturn in the Oil & Gas and Petrochemical market in 2019, to wish you an even better NEW YEAR 2020 as this positive trend should continue while other industries are slowing down amid the international […]

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Did you see the Oil & Gas and Petrochemical Market Shift and Upturn?
The volume of Oil & Gas and Petrochemical engineering, procurement and construction (EPC) contracts awarded in 2018 is about to double compared with 2017 as a consequence of the market shift from the international oil companies (IOCs) to the national oil companies (NOCs) and independent companies.

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