Posts Tagged ‘NOC’

Should Covid-19 mean -19% on your business?

Medias have largely covered the last weeks Ups and Downs of the Oil & Gas and Petrochemical industry. Well, mostly the Downs in fact.

To figure out the reality, we crunched the numbers from our database www.projectsmartexplorer.com
In fact, the outlook of the Petroleum industry is rather different than what has been massively reported.

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Covid-19 impacts on Oil & Gas : Operators and Long Term PART 2

In reaction to the social and economic roller coaster initiated by Covid-19, operators of the Oil & Gas industry have taken actions to adapt their strategies. Some have delayed projects, others have rushed projects to restore their market share and take advantage of lower prices in retendering contracts.

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Independent Companies

Independent companies definition. Independent companies refer to Oil & Gas and Petrochemical operators that are neither international oil companies (IOCs) nor national oil companies (NOCs).

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Happy New Year 2016

New Environment – New Opportunities 2B1st Consulting is very pleased to wish you Happy New Year 2016 from its new Head Office in Chamonix – Mont-Blanc, France. This location is at the core of the European markets and close to Geneva International Airport with numerous direct connections overseas. In 2015 […]

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PetroVietnam to gear up in offshore Vietnam Block-B gas project

PetroVietnam signed to buy Chevron stakes in Block-B The Vietnam national oil company (NOC) PetroVietnam Exploration Production Corporation (PetroVietnam) has taken over the working interests owned by the California-based international oil company (IOC) Chevron in the Block-B and the Block 48/95 gas field offshore Vietnam. Until now, Chevron was the main […]

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Timor-Leste moves on Woodside Greater Sunrise FLNG alternative

Timor Gap tendered Sunrise onshore LNG pre-FEED The Timor-Leste national oil company (NOC) Timor Gap tendered the pre-front end engineering and design (pre-FEED) for a conventional onshore liquefied natural gas (LNG) plant in alternative to the floating liquefied natural gas (FLNG) solution preferred by the Australian company Woodside Energy (Woodside), […]

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Statoil and ExxonMobil accumulate discoveries in Tanzania Block-2

Statoil celebrates Mdalasini-1 – Block-2 eighth success The Norwegian national oil company (NOC) Statoil and its partner the international oil company (IOC) ExxonMobil scored their eighth discovery in the Block-2 offshore gas fields concession in Tanzania on the East Africa. Following the successful discoveries of large gas fields in Mozambique, the […]

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BG Group and Petronas join BP in Egypt West Delta revival

BG, EGAS and EGPC signed $4 billion on WDDM 9b The UK-based BG Group (BG) and its Malaysian partner Petronas  signed a Heads of Agreement (HOA) with the national oil companies Egyptian Natural Gas Holding Company (EGAS) and the Egyptian General Petroleum Corporation (EGPC) for the development of the West Delta Deep […]

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PTTEP to bundle platforms for Arthit and Bongkot expansion

PTTEP and Chevron to tender 25 wellhead platforms The Thai national oil company (NOC) PTT Exploration and Production plc (PTTEP) and its partners, the California-based Chevron and the Japanese Mitsui Oil Exploration Corporation (Mitsui or MOECO) are preparing the call for tender for twenty five wellhead platforms for the expansion […]

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Statoil gears up with $31 billion Johan Sverdrup project

Norway to take technological lead with Johan Sverdrup Statoil Johan Sverdrup project is not only remarkable because of the context in which its final investment decision (FID) is made, but also as it will concentrate the most advanced technologies all along its development from the electrical power supply to the […]

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