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The Oil & Gas and Petrochemical market is surging on Q2 2021.
Along that year, the Covid and the mass communication about energy transition affected heavily projects investment decisions. So, that 2021 started in great uncertainty. But the demand was there. Therefore, we could observe a well loaded funnel of projects for sanction in 2021 and 2022.

Digitalization is the driver of innovation in petroleum and renewables projects. As illustrated below, it can apply in three different areas of the company:

Projects front end engineering and design (FEED) is taking the King’s role over engineering, procurement and construction (EPC). FEED is King.

The Data Governance is the set of rules defining the data: property, storage, protection, and in case of exploitation how it should be shared or rewarded.

A new year is starting, so is a new Energy market filled with opportunities to outlook for 2021.

The Renewables and Decarbonification projects enjoyed an unprecedented impulse in 2020 and the momentum is set to continue in 2021.

Oil & Gas and Petrochemical Resilient in 2020. The Oil & Gas and Petrochemical market has proven to be more resilient in 2020 than feared or expected. The national oil companies and the independents took a leading role turning the market reality far above the market perception left by the international oil companies.

The USA Presidential elections this month have retained the attention of all business leaders worldwide. Now the result is known, declaring Mister Biden the next president of the United States of America, it is time to wonder what are the US election impacts on the Oil & Gas and Energy market.

In this period of social and economic confusion, Gas projects seem to benefit from an exceptional stability.

The level of investment for gas projects is equal in 2020 to 2019.