Posts Tagged ‘Africa’

LNG market will be multiplied by 5 in 2018

Already more than double the 2017 business From the numbers we collected at the end of June, the LNG market has already awarded in 2018 twice more business than the entire 2017 year. At the beginging of the year our market analysis was already promising a boom for 2018 and […]

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Oil & Gas and Petrochemical Market to Double in 2018

Oil and Gas and Petrochemical market is booming. On the first quarter 2018, we have seen nearly as much business opportunities awarded than in the entire year 2017. This market upturn is led by the national oil companies (NOCs) and the Independent companies representing 96% of the projects sanctioned on Q1 2018 while the international oil companies (IOCs) nearly disappeared at 6%.

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Ovia to invest $1.5 billion in Nigeria Quantum Petrochemical Complex

Quantum selected Ibeno for world-scale methanol plant The Nigerian Quantum Petrochemical Company Limited (Quantum) has decided to invest $1.5 billion capital expenditure in a world-scale petrochemical and methanol complex at Ibeno in the Akwa Ibom State of the southern Nigeria on the Gulf of Guinea. Quantum was recently founded by the […]

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One Day – One Country: China

China Key projects and business highlights 2014  If China growth domestic product (GDP) slowed down these last years, it remains twice higher than world average and it maintains its top position as the country with the largest energy consumption. In 2014, China is passing USA to become the world largest […]

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IHS to study Gulf of Guinea Methanol project in Nigeria

GGOEX to monetize Nigerian gas with Gulf Methanol The local Junior company Gulf of Guinea Oil Exploration Limited (GGOEX) is investigating all opportunities to monetize natural gas in Nigeria through its purposely established subsidiary Gulf of Guinea Methanol Limited (GGML) to develop a world-scale methanol plant in the Niger Delta. […]

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Ophir prefers FLNG to run fast track in Equatorial Guinea

Petrofac contracted as Block R Development Operator The London-based junior company Ophir Energy plc (Ophir) has appointed the engineering company Petrofac from UK, to support them for the development of the natural gas reserves held in the Block R, offshore Equatorial Guinea on the west coast of Africa. While listed […]

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QP and QAPCO align bidders on Qatar Ras Laffan Petrochemicals

Maire Tecnimont achieves FEED work on Al-Sejeel After awarding Al-Sejeel front end engineering and design (FEED) work to Maire Tecnimont, the national companies Qatar Petroleum (QP) and Qatar Petrochemical Company (QAPCO) are aligning the engineering companies willing to bid for the engineering, procurement and construction (EPC) contract for the Al-Sejeel […]

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Bapco evaluates bids for Bahrain Sitra Refinery Expansion

Bapco to award Bahrain Refinery FEED and PMC The national oil company (NOC) Bahrain Petroleum Company (Bapco) is currently evaluating the technical and commercial offers submitted by the engineering companies for the front end engineering and design (FEED)  and the project management consultancy (PMC) contracts related to the brownfield Sitra […]

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Happy New Year

2B1st Consulting wish you a Happy New Year 2014 2B1st Consulting wish you a Prosperous and Happy New Year 2014 with always more projects in the Oil & Gas and Petrochemical industry. Even if some projects were put on hold or postponed because of design and costs issues, the overall […]

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Dangote Nigeria Refinery and Petrochemical Complex on track

Dangote awarded PMC and EPCM contracts to EIL The privately-owned Dangote Group selected the Indian state-owned engineering company Engineers India Ltd (EIL) to provide engineering, procurement and construction management (EPCM) services for the $9 billion refinery and petrochemical complex to be built at Olokola in Nigeria. This EPCM contract comes on […]

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