Independent companies definition. Independent companies refer to Oil & Gas and Petrochemical operators that are neither international oil companies (IOCs) nor national oil companies (NOCs).
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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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Eni may run its own fast track on Mozambique LNG The Italian national oil company Eni and its […]
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CNOOC to award Liuhua 11-1 TLP FEED contract The state-owned company China National Oil Offshore Corporation (CNOOC) is […]
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Anadarko and Eni to review Afungi LNG Park phases The Anadarko Petroleum Company (Anadarko) from USA and the […]
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Eni to consider FLNG to speed up Mozambique LNG The Italian major company Eni and its partners, China […]
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Ghana – Nigeria Key Projects and Business Highlights Around the Gulf of Guinea, Ghana and Nigeria appeared as […]
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Anadarko combines subsea and FPU in Rovuma Area-1 The Houston based Anadarko Petroleum (Anadarko) and its partners Mitsui E&P (Mitsui), BPRL Ventures Mozambique B.V. […]
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Saipem won EPC contract for Nigeria Edo fertilizer Based in Lagos, Nigeria, the Dangote Group (Dangote) has selected […]
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Modec and SBM in competitive FEED final for TEN The UK-based Tullow Oil plc (Tullow) and its partners […]
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