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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ISO 50501: The Innovation Game Changer

Digital Transition requires agile and efficient Innovation management, especially in collaborative mode. This article describes the forthcoming ISO 50501 Innovation Management Standard and explains how this new standard and related series (ISO 50502, ISO 50503, ISO 50504, ISO 50505) can help to improve innovation processes. It takes the example of the collaborative platform Industrie 4.0 Smart Platform® as an existing tool to facilitate the implementation of the ISO 50501 standards in practice for collaborative innovation.

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Industrie 4.0 or Industry 4.0?

This post reminds the history of Industrie 4.0 and explains the key features supporting this technology to deploy internet of things (IOT) in practice. In conclusion it shares good practices to avoid misunderstanding in using the uncorrect English spelling Industry 4.0.

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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 […]

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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 […]

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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 […]

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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 […]

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Anadarko optimistic in US Gulf of Mexico Shenandoah

Anadarko to complete Shenandoah appraisal program The Texas-based Anadarko Petroleum Corporation (Anadarko) and its partners, ConocoPhillips, Cobalt International […]

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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 […]

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