Barrel Price and Covid-19 Impact on Oil & Gas and PetroChemicals Projects

All crises are creating threats and opportunities, but the accumulation of a double crisis in energy prices and pandemic Covid-19 generates a unique situation.

In this unusual context, we try to evaluate the consequences of this double crisis on the Oil & Gas and Petrochemical market, especially the areas under threats and in opposite way where we should see opportunities.

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Robotization in the Oil&Gas sector

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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ExxonMobil and ENI in Mozambique Rovuma LNG

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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Augmented Reality and Virtual Reality (AR/VR)

Augmented Reality and Virtual reality, often shortened as AR and VR, are two technologies which have been developped along the last decade with technological similarities but serving different purposes, especially for the industry

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Happy New Year 2020

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 […]

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For a cleaner Hydrogen production

The paradox of Hydrogen clean label As the electric energy, the hydrogen energy is often perceived as a renewable and clean energy able to replace fuel-based activities in the near future. It’s true that unlike current fuels, while burnt, hydrogen does not release carbon emissions, only pure water. Less known, […]

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Digitization or Digitalization: make the difference!

Where digitization will always be the first required step to enter the digital world, the digitalization is an already advanced stage of the digital transformation

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GDPR – Amnesty period is over

As the first large scale data privacy regulation, the interest was to see how national watchdogs were going to use their new hammer that, for the record, senables to fine an entity up to €10 millions or 4% of the global revenue, depending on the infringement.

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Market is Doubling, and You?

The comparison between 2019 with the previous period 2015 to 2018, shows how in only the first 6-month of this year the volume of business opportunities to be sanctioned to manufacturers for Electrical Cables is already exceeding the previous years on a 12-month period.

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Happy New Year 2019

In 2018, twice more, in volume of capital expenditure, EPC contracts were awarded than in 2017. This step change is not related to some barrel price speculations bu to the new business models developed by the game changers, mostly the Independent companies taking now the lead of the market.

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