Posts Tagged ‘Project Feasibility study’

Market Shift and Upturn

Did you see the Oil & Gas and Petrochemical Market Shift and Upturn?
The volume of Oil & Gas and Petrochemical engineering, procurement and construction (EPC) contracts awarded in 2018 is about to double compared with 2017 as a consequence of the market shift from the international oil companies (IOCs) to the national oil companies (NOCs) and independent companies.

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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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Play Pro-Active from First Call to Last Call in Market Shift

Trace Market Shift from IOCs to NOCs & Independents In a Oil & Gas and Petrochemical market shifting from international oil companies (IOCs) to national oil companies (NOCs) and Independents, playing pro-active from First Call to Last Call in the pursuit of projects becomes a challenging process that we describe below for […]

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Happy New Year 2017

Oil & Gas and Petrochemical Business Picks Up 2B1st Consulting team wishes you a Happy New Year rich of health, happiness and success, especially since 2017 starts with number of good news. The first good news comes from the Oil & Gas and Petrochemical market picking up. The second good news […]

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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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PTTEP and Chevron to call for Thailand Arthit Field Development

PTTEP to add Arthit South Gas Gathering Platform The Thailand national oil company (NOC) PTT Exploration and Production Public Company Ltd (PTTEP) and its partners, Chevron from USA and Mitsui Oil Exploration Company (Mitsui or MOECO) from Japan are working on the call for tender for the Arthit south gas […]

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Saudi Arabia to boost Empty Quarter – South Ghawar – Jafurah shale gas

Saudi Aramco to award shale gas treatment FEED The world largest company by the size of crude oil reserves, Saudi Aramco, is planning to award the front end engineering and design (FEED) contracts for the gas central processing facilities to support the development of the shale gas exploration – production […]

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Petroceltic, Sonatrach and Enel to develop Algeria Isarene gas field

Petroceltic to prepare FEED on Ain Tsila development The Irish junior company Petroceltic International plc (Petroceltic) and its partners, the Algerian national oil company (NOC) Sonatrach and the Italian utility Enel, are preparing to move into the front end engineering and design (FEED) phase of the Ain Tsila discovery within […]

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