Posts Tagged ‘EPC’

Independent Companies Business Model in Oil & Gas and Petrochemicals

The Independent companies of the Oil & Gas and Petrochemical market develop a new business model to award EPC contracts.

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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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Prosperous New Year 2018

Oil & Gas and Petrochemical market has grown up by 30% in 2017 in respect with the number of projects sanctioned for execution with EPC contracts. This number confirms our last year forecast and gives credit to our estimation of 20% to 35% growth for 2018. This market upturn is driven by a market shift from the IOCs to the NOCs and Independent companies, representing both nearly 80% of the capital expenditure as operator on the next five years. As a results the projects get smaller and run on fast-track requiring more agility from the sales organizations for detection and capture.

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2B1st Consulting Recruits Business Development Manager Europe

Job Summary – See Beyond, Move First 2B1st Consulting is hiring a Business Development Manager Europe for the promotion of its business intelligence services based on its proprietary projects pursuit tool www.projectsmartexplorer.com into the energy sector (Oil & Gas, Petrochemical, Power Generation or Renewable Energies). Innovative, our company is growing […]

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NextDecade selected Brownsville for Texas Rio Grande LNG project

FERC pre-filling process initiated for Rio Grande LNG  The independent Texas-based company Next Decade LLC (NextDecade) started the pre-filling process in view to obtain the Federal Energy Regulatory (FERC) approval for its liquefied natural gas (LNG) Rio Grande LNG export terminal project to be located at the Port of Brownsville on […]

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Shell and PDO to test Khulud Tight Gas project viability in Oman

PDO to tender Block-6 Khulud Tight Gas First Phase The largest oil and gas producer, Petroleum Development Oman (PDO) and its main partner Royal Dutch Shell plc (Shell) are preparing to call for tender the first phase of the challenging Khulud Tight Gas project in its Block-6 concession of central […]

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Ramagundam joint venture to revive India Telangana Fertilizer

NFL and EIL to join FCIL in Ramagundam Fertilizer The State-owned company National Fertilizers Limited (NFL), the Fertilizer Corporation of India Limited (FCIL) and Engineers India Limited (EIL) have decided to form the Ramagundam Fertilizers and Chemicals Limited (Ramagundam Fertilizers) joint venture to revive the closed ammonia and urea facilities […]

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ONGC to gear up on Redevelopment Mumbai High South Phase-3

ONGC to boost India Western Offshore oil production The State-owned Oil and Natural Gas Corporation Limited (ONGC) company has made the final investment decision (FID) to proceed with the Redevelopment Mumbai High South Phase-3 project as part of its program to boost the crude oil and natural gas production from […]

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One Day – One Country: Thailand

Thailand Key Projects and Business Highlights  In Thailand the oil and gas and petrochemical activity is driven by the national oil company (NOC) PTT Public Company Limited (PTT) and its more know subsidiary PTT Exploration and Production Public Company Ltd (PTTEP) with the support of foreign majors such as Chevron or Mitsui Oil Exploration […]

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