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).
ReadWhereas automation had clear applications in both manufacturing and processing industries, robotization was left behind when talking about the process industry.
Today, robotization is making a come back on the edge of the scene in the Oil and Gas world thanks to digital technologies.
The LNG eldorado of Yamal Gydan Peninsula Novatek has huge reserves on the Gydan peninsula, namely the Geofizicheskoye and Utrenneye fields, which combined hold some 7 billion barrels of oil equivalent (boe) of C1+C2 reserves, which is comparable to those of South Tambeyskoye field, the base for Yamal-LNG. The Geofizicheskoye and Utrenneye fields may generate […]
ReadOil & Gas is booming while other Industries slow down 2B1st Consulting expects that you could already benefit from the business upturn in the Oil & Gas and Petrochemical market in 2019, to wish you an even better NEW YEAR 2020 as this positive trend should continue while other industries are slowing down amid the international […]
ReadThe paradox of Hydrogen clean label As the electric energy, the hydrogen energy is often perceived as a renewable and clean energy able to replace fuel-based activities in the near future. It’s true that unlike current fuels, while burnt, hydrogen does not release carbon emissions, only pure water. Less known, is the process most largely […]
ReadDid you see the Oil & Gas and Petrochemical Market Shift and Upturn?
The volume of Oil & Gas and Petrochemical engineering, procurement and construction (EPC) contracts awarded in 2018 is about to double compared with 2017 as a consequence of the market shift from the international oil companies (IOCs) to the national oil companies (NOCs) and independent companies.
