Engineering Procurement and Construction

Contracting Strategies for Large Energy Projects Introduction Large energy projects, such as we know in oil & gas, Petrochemical, and renewable require significant investments. Highly complex due to long execution timelines and large supply chain with as much as 250 stakeholders. Selecting the right contracting strategy is one of the most critical decisions in the […]

Understanding the Energy Project Lifecycle Introduction The project lifecycle provides a clear structure for managing projects, ensuring that all aspects are properly planned and executed. This helps in avoiding confusion, maximizing efficiency, and minimizing risks.  Knowing all these steps is crucial to anticipate when one should start to be involved in a project. The right […]

Final Investment Decision Definition The Final Investment Decision is the crucial moment of a project lifeycle when the Operator decide to commit on moving forward with the execution of the project. Final Investment Decision is a formal and binding decision to invest capital and begin detailed engineering, construction and comissioning. Final Investment Decision can often […]

As every quarter, we propose you a review of the energies market. But at that period of the year, our review covers a recapitulation of 2021 and perspectives for 2022. By energies market, we refer to the Oil & Gas, Petrochemical and Energy Transition sectors.

The Oil & Gas and Petrochemical market is surging on Q2 2021.
Along that year, the Covid and the mass communication about energy transition affected heavily projects investment decisions. So, that 2021 started in great uncertainty. But the demand was there. Therefore, we could observe a well loaded funnel of projects for sanction in 2021 and 2022.

Projects front end engineering and design (FEED) is taking the King’s role over engineering, procurement and construction (EPC). FEED is King.

Once the context awareness done, the question is no more “if” but “how” should the Oil & Gas industry turn digital.

For this purpose we designed a simple list to breackdown and categorize all the Use Cases from digitalization applicable to Oil and Gas operations.

Whereas automation had clear applications in both manufacturing and processing industries, robotization was left behind when talking about the process industry.
Today, robotization is making a come back on the edge of the scene in the Oil and Gas world thanks to digital technologies.