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Energy Intelligence Group


Recent Posts

Midstream, Refining, and Petrochemical Project Forecast: 2016 through 2020

August 26, 2016 at 6:54 PM / by Energy Intelligence Group posted in Project Estimation, Cost Reduction, Oil & Gas

With the future of oil and gas prices still uncertain, many midstream and downstream firms are asking how much investment is still being planned for the coming years.

In today's project forecast update, we share how and where the market is planning projects in the midstream, refining, and petrochemical sectors over the next four years. Read on to view maps of the top areas of capital investment through 2020:

Billions are Planned in Gas Pipeline, LNG, and Energy Storage Projects

Midstream_Project_Forecast_2016-1.png

Sources: SNL, Oil & Gas Journal

This map of planned midstream investment suggests three important observations:

  • Large LNG projects will ramp up over the next 4 years
  • The Gulf Coast continues to be an area of some of the largest investments, with many pipeline projects still planned for the Northeast
  • Storage projects are not to be overlooked as an area of competing investment

Let's next take a look at the downstream market.

More than $100B of Downstream Projects Planned through 2020

Downstream_Project_Forecast.png

Sources: Oil & Gas Journal, Petrochemical Update, ICIS Chemical Business Magazine

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[Video] Oil & Gas Labor Market Update

August 26, 2016 at 5:11 PM / by Energy Intelligence Group posted in Cost Reduction, Oil & Gas

With billions of dollars of Oil & Gas projects still in the forecast, craft labor markets are becoming more and more constrained. And at the same time that demand for labor is rising, supply of skilled laborers has declined drastically and benefits & health care costs have risen to new highs.

The result is an especially challenging labor market for Oil & Gas firms working with welders, equipment operators, electricians, pipefitters, carpenters, and other craft laborers.

In our latest Labor Market Update, we share:

  • Why labor market supply has plummeted since the recession and which sectors are experiencing the greatest hit
  • Where supply/demand dynamics are expected to result in the greatest risks
  • Which wage build-up components you can negotiate against in service RFP's
  • And lots more...

Interested in viewing the labor update? Click here to access the brief 20-minute recording:

View Labor Update

 

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[Video] Taking Advantage of Currency Markets: A Guide for Oil & Gas

August 26, 2016 at 4:45 PM / by Energy Intelligence Group posted in Cost Reduction, Oil & Gas

Two months ago, the British Pound lost 15% overnight. Since 2012, the Japanese Yen has lost 58%. So how do those drastic changes in currency markets impact Oil & Gas?

In our latest Oil & Gas currency update, we share:

  • Why it's so important for O&G firms to pay attention to currency markets
  • Specific tactics for taking advantage of currency volatility and achieving millions in savings
  • How currency wars and competitive devaluation drive risk and opportunity for O&G

This presentation was the most highly rated content at our annual User Group conference, and it has since been viewed by more than 40 energy firms.

Interested in viewing the currency update? Click here to access the brief 20-minute recording:

View Webinar

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Hot-Rolled Coil Preliminary Duties Are Out. How Will They Impact Your Project Costs?

March 17, 2016 at 3:24 PM / by Energy Intelligence Group posted in Project Estimation, Cost Reduction, Oil & Gas, Power & Utilities

After much anticipation, both the preliminary antidumping and countervailing duties on hot-rolled coil have been announced by the Department of Commerce.  This high profile trade case has the potential to send steel prices soaring for many items that energy companies purchase. So how will these developments impact you?

Read on to learn what’s happened with hot-rolled coil and to receive a list of suppliers that are most impacted by these new duties.

 

Read More >>
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