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More Oil & Gas, Petrochemicals and Energy Transition projects were awarded on First Half 2022 than in Entire 2021

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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.

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Gladstone LNG and Tri-Star signed gas supply deal The Australia-Fisherman registered company Liquefied Natural Gas Ltd (LNG Ltd) signed through its wholly-owned subsidiary Gladstone LNG a non-binding memorandum of intent (MOI) with the Texas-based Tri-Star Petroleum Company (Tri-Star) for the gas supply to feed its Fisherman Landing Liquefied Natural Gas (FLLNG) project near Gladstone in […]

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Saipem won FEED for Basra Gas LNG Export Terminal  Basra Gas Company (BGC), the joint venture between the local South Gas Company (South Gas), Royal Dutch Shell (Shell) from The Netherlands and Mitsubishi Corporation (Mitsubishi) from Japan, awarded the front end engineering and design (FEED) contract to the Italian engineering company, Saipem for the construction […]

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Sui Southern Gas in $1.4 billion deal with Engro Vopak The Pakistan midstream Sui Southern Gas Company (SSGC) is in final talks with the joint venture Engro Vopak Terminal Limited (EVTL) to build and operate a large greenfield liquefied natural gas (LNG) import terminal at Port Qasim near Karachi in Pakistan. In parallel the Pakistan […]

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The Vopak Way: 75 global operational standards Headquartered in Rotterdam in The Netherlands, Royal Vopak (Vopak) is the world largest independent storage and handling operator of oil and gas and petrochemical products. Established in 1999 from the merger between Pakhoed and Van Ommeren, Vopak operates 84 terminals in 31 countries with a global storage capacity […]

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