EPC

The Saudi Arabian national oil company (NOC), Saudi Aramco, is planning to develop the Aramco Jubail Accelerate Carbon Capture and Storage (ACCS) Phase 1 project, a large CCS hub to be situated at Jubail Industrial City, in Saudi Arabia. The Saudi Arabian government fixed a zero carbon dioxide (CO2) emissions target for 2060.In 2021, Saudi […]

Spain, France and Portugal governments are considering developing the Enagas Spain France BarMar H2Med Hydrogen Pipeline, also known as H2Med of Bar Mar, a subsea hydrogen and gas pipeline between Barcelona, Spain and Marseille, France. After Russian invasion in Ukraine, Europe decided to boost its energy dependency through its RePowerEU.The BarMar pipeline is presented as […]

Energy Global Recap 2024 and 2025 Perspectives As usual, we are pleased to share with you the Energy Global Recap 2024 and 2025 perspectives as we see it from our projects database www.projectsmartexplorer.com Despite all the uncertainties accumulated at the beginning of 2024, the oil and gas demand stood at its higher level. As a […]

The international oil company (IOC) Total Energies (Total) and its partner the independent US-based Apache are gearing up in the development of the TOTALENERGIES SURINAM BLOCK 58 GRANMORGU FPSO. Block 58 is located offshore Surinam with a floating production storage and offloading (FPSO) vessel. Surinam is neighboring Guyana in South America where the other IOC […]

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.

Oil & Gas and Petrochemical Resilient in 2020. The Oil & Gas and Petrochemical market has proven to be more resilient in 2020 than feared or expected. The national oil companies and the independents took a leading role turning the market reality far above the market perception left by the international oil companies.