upstream
Introduction The key difference between Blue and Green Hydrogen is the production process. Historically, Hydrogen is produced from Natural Gas through Steam Methane Reforming. It is what we call Grey Hydrogen. This process releases massive volumes of CO2 into the atmosphere. To reduce this carbon footprint, we can capture the CO2 and, either store […]
Challenges in Scaling Up Hydrogen Projects Introduction Hydrogen has been used for decades in industry, especially to produce ammonia and methanol. For the last few years, especially since Covid, Hydrogen has been enforced like the fuel of the futur. In fact, the Production of Green Hydrogen via electrolysis (produced with renewable electricity) is a vector […]
Contracting Strategies for Large Energy Projects Introduction Large energy projects, such as we know in oil & gas, Petrochemical, and renewable require significant investments. Highly complex due to long execution timelines and large supply chain with as much as 250 stakeholders. Selecting the right contracting strategy is one of the most critical decisions in the […]
Understanding the Energy Project Lifecycle Introduction The project lifecycle provides a clear structure for managing projects, ensuring that all aspects are properly planned and executed. This helps in avoiding confusion, maximizing efficiency, and minimizing risks. Knowing all these steps is crucial to anticipate when one should start to be involved in a project. The right […]
Final Investment Decision Definition The Final Investment Decision is the crucial moment of a project lifeycle when the Operator decide to commit on moving forward with the execution of the project. Final Investment Decision is a formal and binding decision to invest capital and begin detailed engineering, construction and comissioning. Final Investment Decision can often […]
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.
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.
Surprisingly, the Oil & Gas and Petrochemical market stands robust on Q3 2020 by reaching 12 months 2019 capital expenditure.
