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 more 06 Jan 2018
Prosperous New Year 2018
Waste Management to monetize waste biogas into GTL Ventech Engineering International LLC (Ventech), Velocys plc (Velocys), Waste Management […]
Read moreTags: biogas and natural gas, Canada, capital expenditure, China, East Oak Oklahoma GTL project, FID, final investment decision (FID), flared gas from the pre-salt crude oil, floating GTL, gas-to-liquids (GTL) small-scale production units, GTL, joint venture, light crude oil price, modular design and construction of gas processing plants, NRG Energy Inc. (NRG), offshore Brazil., Oklahoma GTL project, Oxford Catalysts, Pasadena Texas Ventech, Petrobras, plug-and-play GTL small-scale units, refineries and petrochemical production units, UK, Velocys GTL technology, Velocys plc (Velocys), Ventech Engineering International LLC, Waste Management and NRG and Ventech and Velocys joint venture, Waste Management East Oak facilities in Oklahoma, Waste Management Inc. (Waste Management)
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QGPE called for two tenders in view of Atlanta FPSO The development of the Block BS-4 is now […]
Read moreTags: Atlanta and Oliva field, Atlanta FPSO, Atlanta heavy crude oil project, Atlanta joint venture, Barra Energia (Barra), bidders, Brazil government, call for tenders, development of the Block BS-4, Extra Heavy Crude Oil, FEED, Floating production storage and offloading (FPSO) vessels, FPSO, front end engineering and design (FEED) work, Genesis Oil & Gas Consultants Ltd (Genesis), offshore exploration and production post-salt and pre-salt, OGX, Oleo e Gas Particiaçoes OGX-OGP, Petrobras, PMC, project consultancy services, Quieroz, Quieroz Galvao Exploration and Production QGEP, return on capital employed (ROCE), Santos Basin offshore Brazil, shipyards FPSO, Technip
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Sete Brasil secured financing for nine first drilling ships Sete Brasil Participacoes SA (Sete Brasil) secured $3.7 billion […]
Read moreTags: Asia, Banks, Bradesco, Brasfels, Brazil, Brazilian coasts, Brazilian Government, BTG Pactual, capital expenditure, deep offshore Brazil, drilling rigs, drillships, drillships program, EAS, EEP, EIG Global energy Partners, ERG, Estaleiro Atlantico Sul (EAS), Estaleiro Enseada do Paraguacu (EEP), Estaleiro Rio Grande (ERG), FI-FGTS, fleet of vessels, Funcef and Valia, IHI, Investment funds, Japan, Japanese shipyard, Japanese shipyard IHI, Jurong Aracruz, Kawasaki Heavy Industries (KHI), Keppels, KHI, Lakeshore, Luce Venture Capital, MHI, Mitusbishi Heavy Industries (MHI), offshore drilling rigs, Pension funds, Petrobras, Petroleo Brasileiro, Petros, pre-salt crude oil, pre-salt dedicated rigs, Previ, rigs, Santander, semi-submersible platforms, Sete Brasil, Sete Brasil drilling rigs program, Sete Brasil Participacoes SA, Sete Brasil program, shipyard, Singapore Jurong Shipyard investment, Singaporian Keppels, stakeholders, vessels, world-class shipyard industry
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Giant Pao de Acucar in Block BM-C-33 reaches FEED The giant discovery Pao de Acucar and its adjacent […]
Read moreTags: associated gas, Block BM-C-33 pre-salt, Brazil, Brazilian shore, Call for Tender, Campos Basin, Campos Basin offshore Macae, Central Processing Facility, China Petroleum and Chemical Corporation, CPCC, CPF, Engineering companies, Esperito Basin, Exploration and Production, feasibility study, FEED, Floating production storage and offfloading, Floating production storage and offfloading vessel, FPSO, FPSO vessel, front end engineering and design, gas, gas export pipeline, Gavea, Gavea field, hydrocarbons, joint venture, KBR, light crude oil, Macae, Macae gas treatment facilities, National Oil Companies, natural gas, NOC, Norway, offshore platform, offshore production unit, Onshore gas central processing facility (CPF), Operator, Pao de Acucar, Pao de Acucar discovery, Pao de Acucar offshore platform, Petrobras, pre-salt offshore oil and gas fields, Promon, Repsol, Repsol-Sinopec, Repsol-Sinopec Brazil, San Paolo, Santos Basin, Seat, Seat and Gavea fields, Seat reservoir, Sinopec, Spain, SPAR, State of Rio de Janiero, Statoil, Tension Leg Platform, TLP, ultra deep water fields, water depth, WorleyParsons
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ONGC to award pre-FEED on KG-DWN-98/2 deepwater The India state-owned company Oil and Natural Gas Corporation (ONGC) is […]
Read moreTags: Andhra Pradesh coast, Annapurna, Bay of Bengal, BP, Business model for oil & gas and petrochemical industry suppliers, Cairn, Cairn Energy, CAPEX, capital expenditure, China, completion, ConocoPhillips, crude oil, deep water, downstream, drillings, Engineering companies, Engineering Procurement and Construction, engineering procurement and construction (EPC) contract, EPC, EPC contract, Ethylene, Exploration & Production, ExxonMobil, FEED, feedstock, Front End Engineering and Design (FEED), gas, gas pipeline, Government Decree, India, international oil companies (IOCs), IOC, joint venture, Kanakadurga, KG-D6 Block, KG-DWN-98/2 project, KG-DWN-98/3, Krishna Gadavari (KG) Basin offshore, Market Leadership, Memorandum of Understanding, Midstream, MoU, National Oil Company, natural gas, NDA, NOC, northeast of India, Northern Discovery Area, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil and Natural Gas Corporation, Oil news, Oil&Gas, Olefins, ONGC, Padmawati, Petrobras, petrochemical complex, Petrochemical projects EPC contracts, pipelines, pre-FEED, pre-front end engineering and design (pre-FEED) work, production Sharing agreements, Project Feasibility study, Propylene, proven reserves, PSA, recoverable reserves, Refinery, Reliance Indusries Limited, RIL, Scotland, shale gas, Shell, Southern Discovery Area, Statoil, Total, UD-1 discovery, ultra deep water, upstream, USA, Vishakhapatnam, water depth, wells
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Petrobras on the pace to tender two FPSO per year The Brazilian national oil company (NOC) Petroleo Brasileiro […]
Read moreTags: Aruana field, bid, bidders, Block BM-C36, Brazil, Business model for oil & gas and petrochemical industry suppliers, Call for Tender, Campos Basin, CAPEX, capital expenditure, chartering companies, China, completion, contractor, crude oil, downstream, Engineering Procurement and Construction, EPC, Ethylene, Exploration & Production, ExxonMobil, FEED, feedstock, floating production storage and offloading (FPSO) vessel., FPSO, FPSO vessel, Front End Engineering and Design (FEED), gas, gas pipeline, Gas processing facilities, international engineering companies, joint venture, joint ventures, Market Leadership, Mestica field, Midstream, National Oil Company, natural gas, NOC, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, oil and gas reserves, Oil news, Oil&Gas, Olefins, Oliva field, Petrobras, petrochemical complex, Petrochemical projects EPC contracts, Petroleo Brasileiro SA, pipelines, pre-salt deep offshore fields, Project Feasibility study, Propylene, recoverable resources, Refinery, shale gas, Shell, shipyards, State of Rio de Janeiro, Tartaruga, Tartaruga Mestica, Tartaruga Verde, Tartaruga Verde and Tartaruga Mestica fields, Tartaruga Verde and Tartaruga Mestica FPSO, Tartaruga Verde and Tartaruga Mestica oil fields offshore, Tartaruga Verde FPSO, Total, upstream, USA, Verde oil and gas field
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Petrobras to prepare FEED tender for first GTL FPSO After years of feasibility studies and tests, Petrobras is […]
Read moreTags: ANP, Aracaju GTL pilot project, Aracaju in Sergipe, associated gas, Brazil, Business model for oil & gas and petrochemical industry suppliers, Call for Tender, CAPEX, capital expenditure, Carbon dioxide, China, CompactGTL, completion, conventional pipelines, converted tanker, crude oil, downstream, Engineering Procurement and Construction, EPC, Ethylene, Exploration & Production, export of the associated gas, export pipelines, ExxonMobil, feasibility studies, FEED, feedstock, FGTL, Fischer-Tropsch (FT) technology, flaring, fLNG, Floating gas-to-liquids, floating liquefied natural gas, Floating Production Storage and Offloading, FPSO vessel, Front End Engineering and Design (FEED), FT cooling water system, gas, gas pipeline, Gas pre-treatment, Gas-To-Liquid (GTL), GTL, GTL FPSO solutions, GTL process, joint venture, light crude, liquefaction, Market Leadership, Midstream, MODEC, national petroleum agency (ANP), natural gas, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil news, Oil&Gas, Olefins, Petrobras, petrochemical complex, Petrochemical projects EPC contracts, pipelines, Power to shore, Pre-reforming and reforming, pre-salt crude oil offshore Brazil, pre-salt oil fields, Process steam generation, Project Feasibility study, PTS, Refinery, SBM Offshore, shale gas, Shell, Syngas compression, Tail gas recycling, topsides, Toyo, Toyo Engineering Corporation, ultra deep water, upstream, USA, Velocys (Oxford), vessel, waste heat recovery
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Total made final decision to develop Incahuasi gas field The French major company, Total and its partners, Gazprom […]
Read moreTags: Andean foothills, Andes Mountain Range, Aquio and Ipati blocks, Argentina, Bolivia, Brazil, Business model for oil & gas and petrochemical industry suppliers, CAPEX, capital expenditure, Central Processing Facility, China, completion, condensate, CPF, crude oil, deep underground, downstream, drilling, Elgin-Franklin project, Engineering Procurement and Construction, engineering procurement and construction (EPC) contract, EPC, Ethylene, Exploration & Production, ExxonMobil, FEED, feedstock, FID, Final Investment Decision, Front End Engineering and Design (FEED), gas, gas pipeline, Gazprom, high pressure, high temperatures, ICS-2 exploration well, Incahuasi, Incahuasi discovery, Incahuasi gas field, Incahuasi reservoir, Ipati Block, joint venture, Market Leadership, Midstream, natural gas, North Sea, offshore, Offshore technology, ogp projects, OGP projects pursuit, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical Project, oil and gas, Oil news, Oil&Gas, Olefins, Petrobras, petrochemical complex, Petrochemical projects EPC contracts, pipelines, President Evo Morales, Project Feasibility study, Propylene, Refinery, Repsol, Russia, Santa Cruz, shale gas, Shell, South America, Spain, Tecpetrol, Tecpetrol de Bolivia, Tecpetrol de Bolivia (Tecpetrol), Total, unconventional, upstream, USA, Venezuela, well
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12 Aug 2013
One Day – One Country: Brazil
Brazil Key Projects and Highlights In 2012, Brazil and its flagship, Petróleo Brasileiro S.A. (Petrobras), had to face a […]
Read moreTags: Atlanta FPSO, Barra Energia, Barra Energia do Brasil Petróleo e Gás Ltda, BG, BG Group, BHP Billiton, blocks offshore, BP, Brazil, Business model for oil & gas and petrochemical industry suppliers, BW Offshore, CAPEX, capital expenditure, Carioca, Carioca in the Santos Basin, Cepsa, Chariot, Chevron, ComperJ project, completion, Complexo Petroquimico do Rio de Janeiro, crude oil, downstream, Drilling ships, Engineering Procurement and Construction, EPC, Ethylene, Exploration & Production, exploration and production floating units, ExxonMobil, FEED, feedstock, floating production storage and offloading (FPSO), FPSO, FPSO vessels, Front End Engineering and Design (FEED), gas, gas pipeline, GE’s Power Conversion electrical solutions, integrated refinery, invitation to bid (ITB), ITB, joint venture, Keppel, Keppel Fels do Brazil SA, Lula field., Market Leadership, Midstream, MODEC, National Oil Company, natural gas, new hydrogen facility, NOC, offshore, offshore Block BS-4, Offshore technology, ogp projects, OGP projects pursuit, OGX, OGX Petróleo e Gás Participações S.A, Oil & Gas, Oil & Gas and Petrochemical, Oil & Gas and Petrochemical capital expenditures, Oil & Gas and Petrochemical Contract, Oil & Gas and Petrochemical glossary, Oil & Gas and Petrochemical Project, oil and gas, oil and gas production, Oil news, Oil&Gas, Olefins, Petrobras, Petrobras balance sheet, Petrochemical, petrochemical complex, petrochemical Complexo Petroquimico do Rio de Janeiro, Petrochemical projects EPC contracts, Petróleo Brasileiro S.A., pipelines, Premier Oil, Project Feasibility study, Propylene, QGEP, Queiroz Galvao Exploration & Production, Queiroz Galvao Exploration & Production (QGEP), Refinery, Repsol-Sinopec Brazil, Santos Basin, SBM, SBM Offshore, semisubmersible drilling rigs, services vessels, Sete, Sete Brazil Participaçoes SA, shale gas, Shell, shipyards, Total, Toyo-Setal, Toyo-Setal Empreendimentos Ltda, upstream, USA, vessel
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