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 more 06 Jan 2018
Prosperous New Year 2018
21 Nov 2012
Technip in brief
Take it further Headquartered in Paris, France, Technip is one of the largest engineering companies with more than […]
Read moreTags: acquisition of Shaw Energy and Chemicals (Stone and Webster), Africa, America, American Depositary Receipt (ADR), Aromatics, Asia, Asia Pacific, Business model for oil & gas and petrochemical industry suppliers, CAPEX, capital expenditure, Central Asia, China, CNOOC, CNOOC Panyu in China, Coflexip drilling, completion, Construction and Installation (EPCI), crude oil, Deep Draft Semisubmersible, Dow, downstream, electrical pipelay support vessels (PLSV), Engineering, engineering activities, Engineering Procurement and Construction, EPC, Ethylene, Ethylene and polyolefins, Ethylene crackers, Europe, Exploration & Production, Extendable Draft, ExxonMobil, FEED, feedstock, fertilizers, Fixed, flexible pipes, fLNG, Floating Liquefied Natural Gas vessels, Floating Liquefied Natural Gas vessels (FLNG), FPO, FPSO, France, Freeport Ethylene cracker, Freeport Ethylene cracker in Texas, Front End Engineering and Design (FEED), FSO, gas, gas monetization, gas pipeline, Gas treatment plants, Gulf of Mexico, Heerema Marine Contractors, Hydrogen and Syngas production units, India, J-Lay and S-Lay vessels, joint venture, Large building and infrastructure, Life science, Liquefied Natural Gas (LNG), maintenance, Market Leadership, Middle East, Middle East and Asia, Midstream, Mining and Metals, natural gas, nuclear, NYSE Euronext Paris, offshore, offshore service vessels, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas and petrochemical industry offshore, oil and gas and petrochemical industry offshore and onshor, Oil news, Oil&Gas, Olefins, onshore, Paris, Petrochemical projects EPC contracts, Petronas, pipelay support vessels (PLSV), pipelines, pipelines installation, platform, PLSV, PMC, polyolefin units, Procurement, Project Feasibility study, Project Management Consultancy, project management consultancy (PMC), Propylene, Refinery, refining, Renewable energies, rigid pipes, Russia, Semisubmersible, services applications, Shaw Energy and Chemicals, Shaw Energy and Chemicals (Stone and Webster), Shell, SPAR, subsea, subsea field development, subsea operations, Technip, Tensioned Leg, Texas, Total Akpo FPSO, Total GirRI phase 2 in Angola, Umbilicals, upstream, USA, vessels
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Posted in One day - One Company | Leave a comment
Statoil’s withdrawal opens door to Gazprom for new partnership with other Majors Since Gazprom, Total and Statoil could […]
Read moreTags: Arctic harsh environment, Arctic Sea, Barents Sea, Bechtel, Bechtel Cascade, capital expenditure, Chevron, completion, ConocoPhillips, ConocoPhillips Cascade technology, depletion, Exploration & Production, ExxonMobil, FEED, final investment decision (FID), Floating Production and Offloading (FPO), FPO, Front End Engineering and Design (FEED), gas, gas pipeline, Gazprom, International oil company (IOC), joint venture, LNG, LNG export, LNG process, LNG Trains, Midstream, natural gas, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil and Gas Majors, Oil news, Oil&Gas, pipelines, Production Storage and Offloading vessel (FPSO)., Project Feasibility study, Rosneft and ExxonMobil Strategic Cooperation Agreement, Sakhalin-1, Sakhalin-2, Shell, Shtokman, Shtokman Development AG (SDAG), Shtokman gas field, Shtokman gas field development, Shtokman LNG, Shtokman phase 1, Shtokman pipeline, Statoil, Statoil Shtokman withdrawal, Statoil Shtokman write off, Total, upstream
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Posted in One day - One News | Leave a comment
02 Jul 2012
Tie-Back
Definition Tie-back in the offshore oil and gas upstream activities refer to the connection of additional risers to […]
Read moreTags: aggregation, BOP, Business model for oil & gas and petrochemical industry suppliers, capital expenditure, connection, connectors, crude oil, depleting, depletion, drilling, Exploration & Production, fields, floating unit, FPO, FPSO, FSO, gas, gas pipeline, Gulf of Mexico, infrastructures, installing, marginal fields, mature fields, maturing, mooring, mooring system, natural gas, North Sea, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical glossary, oil and gas, Oil&Gas, platform, processing facilities, Project Feasibility study, Risers, seabed, sub-sea, sub-sea connection, Sub-sea production system, sub-sea well, subsea, Tie-back, tie-back system, Turret, UK, upstream, USA, vessel
Posted in One day - One Word | 6 Comments
Posted in One day - One Word | 6 Comments
20 Jun 2012
Turret
Definition Turret is the major component of a vessel or any floating production unit (FPSO, FPO) to which the […]
Read moreTags: condensates, crude oil, disconnectable turret, Exploration & Production, external turret, floating production unit, FPO, FPSO, gas, gas injection, hull, internal turret, mooring, natural gas, new-built, North Sea, offshore, Offshore technology, ogp projects, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical glossary, oil and gas, Oil&Gas, permanently connected turret, Project Feasibility study, purpose-built, Risers, shuttle tankers, sub-sea, subsea, topsides, Turret, turret mooring system, upstream, vesel, Water injection, West Africa
Posted in One day - One Word | 1 Comment
Posted in One day - One Word | 1 Comment
Statoil, ENI and Petoro expect more to come from Skrugard and Havis exploration The Skrugard and Havis fields […]
Read moreTags: Aker, Arctic, Barents Sea, BOE, Business model for oil & gas and petrochemical industry suppliers, capital expenditure, comptence, construction, crude oil, drilling, Engineering, Engineering companies, ENI, EPC, Exploration & Production, feasibility study, FEED, field center processing facility, Floating Storage and Offloading, FPO, FPSO, FSO, gas, gas injection, Goliat, Harstad, Havis, Iskrystall, local content, local presence, NCS, Northern Norway communities, Norwegian continental shelf, Nunatak, offloading, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, Oil news, Oil storage facilities, Oil&Gas, Oslo, Petoro, PL532, platform, process, project, Project Feasibility study, project team, seabed, Skavl, Skrugard, Statoil, supplier industry, supplier network, suppliers, Supply chain, Transportation, upstream, Water injection
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Gas prices and high costs dictate to rethink Shtokman The foreseen capital expenditure for the Shtokman gas field […]
Read moreTags: Africa, Asia, Bi-directional LNG Terminal, BTU, Canada, capital expenditure, China, condensates, crude oil, downstream, Europe, Exploration & Production, FEED, feedstock, FID, Final Investment Decision, FPO, Front End Engineering and Design (FEED), gas, gas pipeline, gas prices, gas trading, gas transportation, Gas treatment, Gazprom, Henry hub, JCC, JCC contracts, LNG, LNG Terminal, Middle East, Midstream, natural gas, offshore, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Project, Oil news, Oil&Gas, onshore, pipeline, pipelines, Project Feasibility study, Russia, Russian Government, Russian tax incentives, shale gas, Shtokman, Shtokman gas field, Statoil, Teriberka, Total, upstream, USA, Zavalishina bay
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Posted in One day - One News | Leave a comment
Gazpromdobychashelf, the wholly owned Gazprom subsidiary and operator of Shtockman projects, has annouced to expect the completion of […]
Read moreTags: condensates, FEED, FPO, FPSO, gas, Gazprom, Gazpromdobychashelf, offshore, Oil & Gas and Petrochemical Project, onshore, pipeline, platform, Russia, Shtockman, Statoil, Total, upstream, WorleyParsons
Posted in One day - One Project | Leave a comment
Posted in One day - One Project | Leave a comment