Posts Tagged ‘International oil company (IOC)’

Oil & Gas and Petrochemical Market Outlook on Q3 2020

Surprisingly, the Oil & Gas and Petrochemical market stands robust on Q3 2020 by reaching 12 months 2019 capital expenditure.

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Oil & Gas Market Report : Mid-2020 Global Outlook

Where do we stand 6 months in 2020?
we decided to investigate the reality of data and crunch our numbers from www.projectsmartexplorer.com to make an inventory halfway through the year.
Today trends on the market give us the forecast Capital Expenditures for 2020 should end-up at the same level or above compared to 2019. Previsions for 2021 are also high, fueled by projects postponed.

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Should Covid-19 mean -19% on your business?

Medias have largely covered the last weeks Ups and Downs of the Oil & Gas and Petrochemical industry. Well, mostly the Downs in fact.

To figure out the reality, we crunched the numbers from our database www.projectsmartexplorer.com
In fact, the outlook of the Petroleum industry is rather different than what has been massively reported.

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Covid-19 impacts on Oil & Gas : Operators and Long Term PART 2

In reaction to the social and economic roller coaster initiated by Covid-19, operators of the Oil & Gas industry have taken actions to adapt their strategies. Some have delayed projects, others have rushed projects to restore their market share and take advantage of lower prices in retendering contracts.

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Covid-19 impacts on Oil & Gas : short and mid term PART 1

The Covid-19 crisis has been shaking the world and the Oil & Gas indutry for the past few weeks, putting all businesses to an halt.

While some countries are emerging from quarantine situation, companies are having hard time evaluating the impacts to their environement,  wondering what should we do next?

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Market Shift and Upturn

Did you see the Oil & Gas and Petrochemical Market Shift and Upturn?
The volume of Oil & Gas and Petrochemical engineering, procurement and construction (EPC) contracts awarded in 2018 is about to double compared with 2017 as a consequence of the market shift from the international oil companies (IOCs) to the national oil companies (NOCs) and independent companies.

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Statoil and ExxonMobil compare Tanzania LNG development concepts

KBR completed Tanzania LNG project pre-FEED Since KBR completed the pre front end engineering and design (pre-FEED) work, […]

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Occidental and Qatar Petroleum prepare Idd el-Shargi North Dome Phase-5

Oxy and QP to call for tender ISND expansion contracts The US international oil company (IOC) Occidental Petroleum […]

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Indonesia Tangguh Expansion Project to move onshore and offshore

BP selects bidders for Tangghu LNG FEED competition The International Oil Company (IOC) BP and its partners in […]

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Petronas to start Baram Delta Gas Gathering project development

Malaysian RNZ wins FEED contract on Bardegg-2  The national oil company (NOC) Petronas selected the local engineering services […]

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