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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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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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Australia Key Projects and Business Highlights Since 2013, Australia suffered from hard messages when series of oil and gas companies no less than Apache, BG Group (BG), BHP Billiton (BHP), Chevron, ExxonMobil, Inpex, PetroChina (CNPC), Shell or Total sent warning announcements regarding the spiraling costs of their projects with the immediate consequence to freeze all […]

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Key Projects and Business Highlights 2014  On the Western Canada, the Provinces of British Columbia (B.C.) and Alberta have decided to favor all the investments to develop the unconventional gas resources in addition to the well known bitumen. In the gas race to supply thirsty East Asia countries, Canada identified the opportunity to take the […]

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Egypt Key Projects and Business Highlights The first half 2013 appears as a contrasted period for the oil & gas and petrochemical sector in Egypt with major companies such as Apache, BG Group (BG), BP, Dana Petroleum (Dana), Eni, ExxonMobil, Shell or Vega Petroleum Ltd (Vega) confirming their interest for this country and performing successful discoveries […]

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Australia Key Projects and Business Highlights The first half of year has rang in Australia as a fresh wake up call on early morning when the major companies  having interests in this country such as Apache, BG, BHP Billiton, Chevron, ExxonMobil, China National Petroleum Corporation (CNPC or PetroChina), Inpex, Shell, Total and even Woodside started to blow […]

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