Tags
General header

EPC

In the Bohai bay of the Liaoning Province, in the northeast of China, the China National Offshore Oil Corporation (CNOOC), started production of very heavy crude oil from the Suizhong 36-1 offshore field in 1993. The second phase came on stream in year 2000. Now CNOOC announced to proceed to a revamping of the existing […]

admin
Reading: 3 min
Read more

Definition:  The acronym “EPCM” stands for “Engineering, Procurement and Construction Management”. It may also be called “EPCS” for “Engineering, Procurement and Construction Services” or “PMS” for “Project Management Services”. As expressed clearly in the “PMS” definition, the “EPCM” refers to very different role from the “EPC” where the engineering company having the “EPCM” contract, supports […]

admin
Reading: 3 min
Read more

According to the last financial study released by Al-Rajhi Capital, the growth forecast of the Saudi Arabian petrochemical companies is healthy, despite lingering uncertainties in the global economies. Because of their diversified activities, companies like SABIC or TASNEE should not be impacted by the feedstock costs increase in 2013 as could be the “pure-play producers”. […]

admin
Reading: 3 min
Read more

Definition: The acronym “EPC” stands for “Engineering Procurement and Construction”. Sometimes “EPCC” may be used for “Engineering Procurement, Construction and Commissioning”. In both cases, it refers to the execution phase following the “FEED” during which the engineering companies design all the details of the project for execution, proceed to the procurement of all the equipment […]

admin
Reading: 3 min
Read more

Stay up to date!

Susbcribe to our newsletter for weekly updates about energy projects

We promise we’ll never spam! Take a look at our Privacy Policy for more info.