Posts Tagged ‘Saudi Aramco’

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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Prosperous and Happy New Year

2B1st Consulting wish you a Happy New Year 2015 2B1st Consulting is very pleased to wish you and your family a wonderful year 2015 full of joy, happiness and prosperity. We also expect you and your team to meet in this New Year all the success you deserve in the […]

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Consequences of barrel prices on Oil & Gas and Petrochemical projects

What are the main reasons for projects cancellation Since the WTI and Brent barrels prices have lost 20 to 25% of their value in a couple of months we assist to a frenzy of publications and speculations on the consequences of this dip on the Oil & Gas and Petrochemical […]

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Saudi Aramco Shoaiba Terminal on Red Sea at bidding stage

Shoaiba Storage tendered as In-Kingdom EPC contract Saudi Aramco is continuously adjusting its contractual strategy for the construction of the hydrocarbon bulk storage terminal planned at the mi-distance of the Saudi Arabia west coast on the Red Sea. Located 220 kilometers south of Jeddah, Shoaiba is the city on the […]

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Saudi Arabia to test shale gas viability in Empty Quarter

Saudi Aramco at FEED for three shale gas projects Saudi Aramco is preparing to award front end engineering and design (FEED) contracts to develop shale gas reserves as pilot projects in three different basins of Saudi Arabia. Despite all the challenges to implement the hydraulic fracturing techniques in Saudi Arabia, […]

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Sabic at feasibility study on Saudi Arabia Oil-To-Chemicals complex

Sabic mulls over world largest Oil-To-Chemicals project The world largest ethylene producer, Saudi Basic Industries Corporation (Sabic) is mulling over the design and construction of the world ever largest Oil-To-Chemical (OTC) complex in Saudi Arabia. In the same way as Saudi Aramco invested heavily these last years on the downstream […]

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Saudi Aramco on fast track with Master Gas System Expansion

Foster Wheeler at FEED on MGSE gas compression In October 2013, the national oil company (NOC) Saudi Aramco selected the Swiss-based engineering company Foster Wheeler to perform the front end engineering and design (FEED) work of the compression stations for the Master Gas System Expansion (MGSE) project. To be implemented […]

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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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Saudi Aramco to gear up Red Sea deep offshore Exploration-Production

Aramco to begin with Ahmar-1 gas field development In 2012 Saudi Aramco discovered the Ahmar-1 field of non-associated gas in the deep water of the Red Sea approximately 24 kilometers northwest of Duba in the Tabuk Province on the west coast of Saudi Arabia. In following Saudi Aramco announced $25 billion […]

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Saudi Aramco at final stage on Ras Tanura Clean Fuel Offsites-Utilities Package

JGC in the lead for Ras Tanura Offsites & Utilities EPC The Japanese engineering company JGC Corporation (JGC) is leading the discussions with Saudi Aramco for the engineering, procurement and construction (EPC) contract of the Offsites & Utilities in  Ras Tanura Clean Fuel and Aromatics project. Located on the East […]

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