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Definition: A “Lump Sum Turn Key (LSTK) Contract” refers to bidding terms and conditions between the End User and an EPC which don’t allow any financial change for a given scope of work until the EPC is able the deliver the newly built plant in full operations to the End User. Comment: The benefit of […]

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 INPEX has established a joint venture with Total, a France-based firm, with the parties holding 76% and 24% shares, respectively. They announced on January 13th 2012 that they have taken the final investment decision for the Ichthys liquefied natural gas (LNG) project in Australia. The project budget jumped by 70%, from US$20 billion dollars to […]

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 The most advanced solutions to make the Oil & Gas and Petrochemical market easy to win Introduction The  Oil & Gas and Petrochemical market is huge, more than $500 billion capital expenditures (CAPEX) per year. In this context, 2B1st Consulting is mobilizing experts from the Oil & Gas and Petrochemical industry together with communication specialists to provide a comprehensive view of this market and make it easy […]

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More than $500 billion investment drives the Oil & Gas and Petrochemical market in more than 2000 projects all over the World. Each one of these projects may take years to launch execution and involve multiple key players, among the End Users, the Engineering companies, the Manufacturers, the Distributors and Services providers. To help these actors to […]

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We simplify you the Oil & Gas and Petrochemical market conquest  Introduction The  Oil & Gas and Petrochemical market is huge, more than $500 billion capital expenditures (CAPEX) per year. In this context, 2B1st Consulting is mobilizing experts from the Oil & Gas and Petrochemical industry together with communication specialists to provide a comprehensive view of this market and make it easy to win […]

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