Oil & Gas and Petrochemical Resilient in 2020. The Oil & Gas and Petrochemical market has proven to be more resilient in 2020 than feared or expected. The national oil companies and the independents took a leading role turning the market reality far above the market perception left by the international oil companies.
Read more 11 Jan 2021
Healthy and Happy Year 2021
11 Nov 2020
Gas Projects are Inert to Crisis
In this period of social and economic confusion, Gas projects seem to benefit from an exceptional stability.
The level of investment for gas projects is equal in 2020 to 2019.
Read moreTags: 2020, barrel, barrel price, Business model, business opportunities, CAPEX, capital expenditure, cash-flow capability to finance new projects, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, fast track, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, Market, market reaction, market report, Market shift, mid term, new ways of working, newsletter, NOC, NOC national oil company, oil, Oil & Gas, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil & gas project, oil and gas, oil and gas 2020, oil and gas and petrochemical sector., oil and gas companies, oil and gas database, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical, Petrochemical projects EPC contracts, price, production cuts, Project Smart Explorer, project smartexplorer, projects, Refinery, ROI, short term, upstream
Posted in One day - One News | 2 Comments
Posted in One day - One News | 2 Comments
As part of the underlying Oil & Gas and Petrochemical market revolution, the business model for projects is changing.
In fact, the new business model is a return to the basic of ROI (Return on Investment) calculations.
Thus, the new business model aims to shorten project timeline while controlling costs. Delivering “Fast-track” projects in 2-3 years.
Tags: 2020, barrel, barrel price, Business model, business opportunities, CAPEX, capital expenditure, cash-flow capability to finance new projects, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, fast track, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, Market, market reaction, market report, Market shift, mid term, new ways of working, newsletter, NOC, NOC national oil company, oil, Oil & Gas, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil & gas project, oil and gas, oil and gas 2020, oil and gas and petrochemical sector., oil and gas companies, oil and gas database, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical, Petrochemical projects EPC contracts, price, production cuts, Project Smart Explorer, project smartexplorer, projects, Refinery, ROI, short term, upstream, USA
Posted in Blog, One day - One News | 2 Comments
Posted in Blog, One day - One News | 2 Comments
Surprisingly, the Oil & Gas and Petrochemical market stands robust on Q3 2020 by reaching 12 months 2019 capital expenditure.
Read moreTags: 2020, barrel, barrel price, business opportunities, CAPEX, capital expenditure, cash-flow capability to finance new projects, climate change, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, Market, market reaction, market report, Market shift, mid term, new ways of working, NOC, NOC national oil company, oil, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas 2020, oil and gas and petrochemical sector., oil and gas companies, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical projects EPC contracts, price, production cuts, project smartexplorer, projects, Refinery, short term, upstream, USA
Posted in One day - One News | Leave a comment
Posted in One day - One News | Leave a comment
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.
Tags: : barrel, 2020, barrel price, business opportunities, CAPEX, capital expenditure, cash-flow capability to finance new projects, climate change, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, Market, market reaction, market report, Market shift, mid term, new ways of working, NOC, NOC national oil company, oil, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas 2020, oil and gas and petrochemical sector., oil and gas companies, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical projects EPC contracts, price, production cuts, project smartexplorer, projects, Refinery, short term, upstream, USA, Year 2020
Posted in One day - One News | 3 Comments
Posted in One day - One News | 3 Comments
29 May 2020
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.
Tags: barrel, barrel price, CAPEX, capital expenditure, cash-flow capability to finance new projects, climate change, cost reduction, covid 19, Covid-19, crisis, crude oil price, digitalization, downstream, finance, Front End Engineering and Design (FEED), gas, Independent, Independent Companies, International oil company (IOC), Investment, IOC, long term, market reaction, Market shift, mid term, new ways of working, NOC, NOC national oil company, oil, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas and petrochemical sector., oil and gas companies, oil and gas industry, oil and gas market, oil and gas production, oil and gas projects, Oil news, oil price, Oil&Gas, operational expenditure (OPEX), Operators, opex, Petrochemical projects EPC contracts, price, production cuts, project smartexplorer, Refinery, short term, upstream, USA
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Posted in Blog, One day - One News | Leave a comment
30 Apr 2020
Digitalization is now or never
Once the context awareness done, the question is no more “if” but “how” should the Oil & Gas industry turn digital.
For this purpose we designed a simple list to breackdown and categorize all the Use Cases from digitalization applicable to Oil and Gas operations.
Read moreTags: adapt to survive, barrel price, CAPEX, capital expenditure, Covid-19, crisis, crude oil, data, Digital twin, digitalization, Engineering Procurement and Construction, Front End Engineering and Design (FEED), Oil & Gas, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Project, Oil news, opex, opportunity in the oil and gas, reduce operational costs, reduce opex
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Posted in Blog, One day - One News | Leave a comment
14 Apr 2020
OPEC+ Agreement to Speed up Market Dichotomy
On Friday April 10th, the OPEC members and the non-OPEC oil producing countries, the so-called OPEC+, signed an agreement to cut the crude oil production by 9.7 million barrels per day (b/d).
Read moreTags: Business model for oil & gas and petrochemical industry suppliers, conventional oil, downstream, Independent Companies, international oil companies (IOCs), LNG, Midstream, national oil companies (NOCs), Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, Oil news, OPEC, OPEC countries, Production Sharing Agreement (PSA), production sharing contracts (PSC), Russia, shale oil, unconventional oil, upstream, USA
Posted in One day - One News | 3 Comments
Posted in One day - One News | 3 Comments
All crises are creating threats and opportunities, but the accumulation of a double crisis in energy prices and pandemic Covid-19 generates a unique situation.
In this unusual context, we try to evaluate the consequences of this double crisis on the Oil & Gas and Petrochemical market, especially the areas under threats and in opposite way where we should see opportunities.
Read moreTags: barrel, barrel price, CAPEX, capital expenditure, cash-flow capability to finance new projects, Covid-19, crude oil price, downstream, finance, Front End Engineering and Design (FEED), Investment, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil news, oil price, Oil&Gas, Petrochemical projects EPC contracts, price, Refinery, upstream, USA
Posted in Blog, One day - One News | 6 Comments
Posted in Blog, One day - One News | 6 Comments
06 Jan 2020
Happy New Year 2020
Oil & Gas is booming while other Industries slow down 2B1st Consulting expects that you could already benefit from […]
Read moreTags: Business model for oil & gas and petrochemical industry suppliers, CAPEX, capital expenditure, carbon capture and sequestration, Carbon Capture and Sequestration (CCS), CCUS, doubling market, Dowstream, Engineering Procurement and Construction, EPC, gas, guide you on the market, happy new year, happy new year 2020, Market Growth, market outlook, Market shift, market supply side, Midstream, new year 2020, OGP projects pursuit, oil, Oil & Gas and Petrochemical capital expenditures, oil and gas, Oil news, Oil&Gas, oil&gas sector, Petrochemical, Petrochemical projects EPC contracts, Project Smart Explorer, sustainability, upstream
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Posted in One day - One News | Leave a comment