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
Trace Market Shift from IOCs to NOCs & Independents In a Oil & Gas and Petrochemical market shifting from international […]
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Happy New Year 2017
Oil & Gas and Petrochemical Business Picks Up 2B1st Consulting team wishes you a Happy New Year rich […]
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Enbridge to connect 11 oil sands projects to Edmonton The Calgary-based midstream company Enbridge Inc. (Enbridge) has decided […]
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Petronas RAPID to go ahead as part of Malaysia PIPC In making the final investment decision (FID) on […]
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Foster Wheeler at FEED on MGSE gas compression In October 2013, the national oil company (NOC) Saudi Aramco […]
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PetroChina to unlock Athabasca oil sand reserves The Canadian specialist TransCanada and China Petroleum National Corporation (CNPC or […]
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PTTEP to add Arthit South Gas Gathering Platform The Thailand national oil company (NOC) PTT Exploration and Production […]
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Saudi Aramco to award shale gas treatment FEED The world largest company by the size of crude oil […]
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Petroceltic to prepare FEED on Ain Tsila development The Irish junior company Petroceltic International plc (Petroceltic) and its […]
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