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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06
Jan
2018
Prosperous New Year 2018
08
Aug
2014
One Day – One Country: Canada
Key Projects and Business Highlights 2014 On the Western Canada, the Provinces of British Columbia (B.C.) and Alberta have decided to favor all the investments to develop the unconventional gas resources in addition to the well known bitumen. In the gas race to supply thirsty East Asia countries, Canada identified […]
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24
Dec
2013
One Day – One Country: Canada
Canada to boost crude oil production 75% by 2035 According to its National Energy Board (NEB), Canada expects to increase its crude oil production 75% by 2035. In respect with the rising the demand in North America and in Asia, Canada sees the opportunity to target a volume of production […]
Read moreDialog-Vopak to feed Petronas Pengerang power plant The Malaysian Dialog Group Berhard (Dialog) and the Rotterdam-based Royal Vopak (Vopak) are preparing the final investment decision (FID) on the Pengerang LNG Terminal project in the Johor Province at southern Peninsular Malaysia while the local engineering company Anewa is completing the construction […]
Read moreAustralia Bonaparte FLNG to start operations in 2019 The French energy group GDF-Suez and its Australian partner Santos Ltd (Santos) are planning to award the front end engineering and design (FEED) contract on the first quarter 2014 for the development of the Bonaparte floating liquefied natural gas (FLNG) to be […]
Read moreKenarong – Pertang competitive FEED to be an option Murphy Oil Corporation (Murphy Oil) and the Malaysian oil company Petronas are considering the option to organize a competitive front end engineering and design (FEED) to develop the Kenarong and Pertang natural gas fields of the Block PM311 in the shallow […]
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