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
FERC pre-filling process initiated for Rio Grande LNG The independent Texas-based company Next Decade LLC (NextDecade) started the […]
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REI Cook Inlet project to feed Japan LNG Terminals The Japanese Alaska-based Resources Energy Inc. (REI), in joint […]
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Steelhead LNG selects Sarita Bay on Vancouver Island Registered in Vancouver, British Columbia (B.C.), the newly established company […]
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Quicksilver looks for partners for Discovery LNG in B.C. The junior Texas-based company Quicksilver Resources Inc. (Quicksilver) is […]
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Kitsault LNG to include Dedicated Energy Corridor pipe The independent Canadian company Kitsault Energy (Kitsault) is proposing the liquefied […]
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Stewart LNG to combine floating and onshore facilities The Canada Stewart Energy Group Ltd ( Stewart Energy) is […]
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TransCanada Merrick Mainline Pipeline to feed Kitimat The super major company Chevron Corporation (Chevron) and the independent Apache […]
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Shell takes majority share in LNG Canada Development The Royal Dutch Shell (Shell), and its partners, China National […]
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Veresen ready to start Jordan Cove LNG construction The Canadian midstream company Veresen Inc. (Veresen) took a leap […]
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