joint venture
Introduction The key difference between Blue and Green Hydrogen is the production process. Historically, Hydrogen is produced from Natural Gas through Steam Methane Reforming. It is what we call Grey Hydrogen. This process releases massive volumes of CO2 into the atmosphere. To reduce this carbon footprint, we can capture the CO2 and, either store […]
Challenges in Scaling Up Hydrogen Projects Introduction Hydrogen has been used for decades in industry, especially to produce ammonia and methanol. For the last few years, especially since Covid, Hydrogen has been enforced like the fuel of the futur. In fact, the Production of Green Hydrogen via electrolysis (produced with renewable electricity) is a vector […]
Contracting Strategies for Large Energy Projects Introduction Large energy projects, such as we know in oil & gas, Petrochemical, and renewable require significant investments. Highly complex due to long execution timelines and large supply chain with as much as 250 stakeholders. Selecting the right contracting strategy is one of the most critical decisions in the […]
Understanding the Energy Project Lifecycle Introduction The project lifecycle provides a clear structure for managing projects, ensuring that all aspects are properly planned and executed. This helps in avoiding confusion, maximizing efficiency, and minimizing risks. Knowing all these steps is crucial to anticipate when one should start to be involved in a project. The right […]
Final Investment Decision Definition The Final Investment Decision is the crucial moment of a project lifeycle when the Operator decide to commit on moving forward with the execution of the project. Final Investment Decision is a formal and binding decision to invest capital and begin detailed engineering, construction and comissioning. Final Investment Decision can often […]
The LNG eldorado of Yamal Gydan Peninsula Novatek has huge reserves on the Gydan peninsula, namely the Geofizicheskoye and Utrenneye fields, which combined hold some 7 billion barrels of oil equivalent (boe) of C1+C2 reserves, which is comparable to those of South Tambeyskoye field, the base for Yamal-LNG. The Geofizicheskoye and Utrenneye fields may generate […]
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.
Oil & Gas and Petrochemical Business Picks Up 2B1st Consulting team wishes you a Happy New Year rich of health, happiness and success, especially since 2017 starts with number of good news. The first good news comes from the Oil & Gas and Petrochemical market picking up. The second good news is related to the change […]
