Insights

The Solar Photovoltaic concept for energy is the conversion of natural and artificial lights into electricity.
The photon, which is the energy vector contained in light rays, while hitting on the solar panel will produce what is called the Photovoltaic effect, a mix of heat and electronic stimulation.
This electronic stimulation will generate a movement of electrons in the solar cell and thus induce direct current electricity.

The Green Hydrogen, not to be confused with the Grey Hydrogen and the Blue Hydrogen, is the production of Hydrogen from water (H20) splitting.
The Green Hydrogen production is based on the water Electrolysis. Meaning, the electricity injected in the liquid is going to separate the water molecule into hydrogen and oxygen.

Blue Hydrogen, not to be confused with Grey Hydrogen and Green Hydrogen, is an hybrid concept targeting to decarbonize today hydrogen production.
The concept of what is called Blue Hydrogen is a combination of a Grey Hydrogen plant with a facility of Carbon Capture.

The Grey Hydrogen, to differentiate from blue and green ones, is today the most popular process to produce hydrogen worldwide.
This method of production is based on the fracking of methane, in combinaison with steam to produce hydrogen.

Aware our customers play a main role in the energy transition, we have built the expertise and the according database to help them in this perspective.

From now on, Project Smart Explorer will not only over the Oil & Gas and Petrochemical but also the projects of Renewable Energy and Decarbonization.

Where do we stand 6 months in 2020?
we decided to investigate the reality of data and crunch our numbers from www.projectsmartexplorer.com to make an inventory halfway through the year.
Today trends on the market give us the forecast Capital Expenditures for 2020 should end-up at the same level or above compared to 2019. Previsions for 2021 are also high, fueled by projects postponed.

The Carbon Capture and Sequestration (CCS) is a masterpiece in the loop of Carbon Dioxide (CO2) lifecycle.
After decades of quiet evolution, Carbon Capture seems to finally happen and overcome its barrier of monetization.

Medias have largely covered the last weeks Ups and Downs of the Oil & Gas and Petrochemical industry. Well, mostly the Downs in fact.

To figure out the reality, we crunched the numbers from our database www.projectsmartexplorer.com
In fact, the outlook of the Petroleum industry is rather different than what has been massively reported.

In reaction to the social and economic roller coaster initiated by Covid-19, operators of the Oil & Gas industry have taken actions to adapt their strategies. Some have delayed projects, others have rushed projects to restore their market share and take advantage of lower prices in retendering contracts.

The Covid-19 crisis has been shaking the world and the Oil & Gas indutry for the past few weeks, putting all businesses to an halt.

While some countries are emerging from quarantine situation, companies are having hard time evaluating the impacts to their environement,  wondering what should we do next?