BP
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.
New Environment – New Opportunities 2B1st Consulting is very pleased to wish you Happy New Year 2016 from its new Head Office in Chamonix – Mont-Blanc, France. This location is at the core of the European markets and close to Geneva International Airport with numerous direct connections overseas. In 2015 you enjoyed the release of […]
Oman and Iran signed gas pipeline Heads of Agreement During a Royal visit of Oman’s Sultan Qaboos bin Said to Iran President Hassan Rouhani in April, the two countries signed a Heads of Agreement (HoA) for the construction of a natural gas pipeline across the Gulf of Oman. The discussions between Oman and Iran for […]
Funnel the Right Projects Much discussion has taken place on the current oil price situation where analysts don’t seem to be able to agree on the real root of the problem, nor on the actual forecast of this so-called crisis. But in Chinese language the word “crisis” is translated in the same word as “opportunity”, which […]
Ineos to feed Grangemouth with Scotland shale gas Introducing itself as “THE WORD FOR CHEMICALS”, the Swiss-based company Ineos is maneuvering a strategic breakthrough in planning $1 billion capital expenditure in UK shale gas to feed its petrochemical complex in Grangemouth, Scotland. Acquired from BP willing to focus on upstream activities, the Ineos Grangemouth refining and petrochemical complex occupies […]
Iraq Key projects and Business Highlights 2014 After the licenses rounds in 2009 and 2010 to award the development of the major oil and gas fields in Iraq all the winning companies such as BP, ExxonMobil, Shell, Petronas, Gazprom, Lukoil, China National Petroleum Company (CNPC or PetroChina), Sinopec,TPAO or Total spent a couple of years to […]
West Africa Key Projects and Business Highlights 2014 From the 54 countries of the Africa continent, 16 were producing oil in 2010. On the last decade, the producing countries have proven to generate an higher growth than the non-producing countries. In this game, West Africa plays a leading role with key countries such as Angola, […]
Azerbaijan Key Projects and Business highlights 2014 Occupying one of the richest coast of the Caspian Sea in oil and gas resources, the Republic of Azerbaijan is taking a strategic place between Asia and Europe, between Russia and Middle-East countries. Under the coordination of the State Oil Company of Azerbaijan (SOCAR) these oil and gas resources […]
