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.
Read moreProsperous New Year 2018
One Day – One Country: Mozambique
Mozambique Key Projects and Business Highlights 2014 Mozambique appears as one of the most promising country for natural […]
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Wison to propose Pandora FLNG conceptual design The Chinese engineering company and shipyard Wison Offshore and Marine (Wison) […]
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Petrofac contracted as Block R Development Operator The London-based junior company Ophir Energy plc (Ophir) has appointed the […]
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Eni may run its own fast track on Mozambique LNG The Italian national oil company Eni and its […]
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Abadi LNG to be expanded on conventional scheme The Japanese company Inpex and its Anglo-Dutch partner Shell have […]
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Petrobras to prepare FEED tender for first GTL FPSO After years of feasibility studies and tests, Petrobras is […]
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Eni to consider FLNG to speed up Mozambique LNG The Italian major company Eni and its partners, China […]
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Australia Bonaparte FLNG to start operations in 2019 The French energy group GDF-Suez and its Australian partner Santos […]
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One Day – One Country: Australia
Australia Key Projects and Business Highlights The first half of year has rang in Australia as a fresh […]
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