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Discovering and tracking projects and tenders is not easy. With Blackridge Research's Global Project Tracking (GPT) platform, you can identify the right opportunities and grow your pipeline while saving precious time and money doing it.
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Identify and track latest oil & gas production tender and bid opening results around the world. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity.
Global Oil & Gas Production Industry Analysis
Introduction Despite the rise of alternative energy sources, the global oil and gas industry remains an essential driver of the world's economy. In this in-depth analysis, we will explore the current scenario of the global oil and gas projects industry, the construction of new projects, major drivers, and the industry outlook. Local references will be included to provide a more contextually relevant and authentic perspective. Current Scenario The oil and gas projects industry is characterized by a diverse array of developments, ranging from conventional onshore oil fields and natural gas reserves to unconventional shale gas resources and deepwater offshore projects. Major players in the industry, such as ExxonMobil, Shell, BP, Chevron, and Total, continue to invest in new exploration and production projects in various regions worldwide. Construction of New Projects Several significant oil and gas projects are under construction or in the planning stages globally. Some notable examples include: Mozambique's Rovuma LNG project, led by ExxonMobil and Eni, which aims to develop a world-class liquefied natural gas (LNG) facility to capitalize on the country's vast offshore gas resources. The Arctic LNG 2 project in Russia, spearheaded by Novatek, aims to develop a major LNG export facility in the Russian Arctic region, leveraging the vast natural gas resources of the Gydan Peninsula. Major Drivers Growing Energy Demand: The increasing global population and economic development continue to drive the demand for oil and gas, fueling the construction of new projects to meet this demand. Technological Advancements: Innovations in exploration and production technologies, such as enhanced oil recovery (EOR) techniques and horizontal drilling, have allowed the industry to access previously untapped reserves, driving the development of new projects. Geopolitical Factors: Geopolitical dynamics, such as regional competition for energy resources and the desire for energy security, are significant drivers for oil and gas projects. Industry Outlook The global oil and gas projects industry is expected to evolve in the coming years, influenced by the following key trends: Shift towards Natural Gas: As natural gas is considered a cleaner-burning fossil fuel, many countries are investing more in natural gas projects, including the construction of LNG export facilities and gas-to-power projects. Unconventional Resources: The industry is expected to continue exploring and developing unconventional oil and gas resources, such as shale gas and tight oil reserves, particularly in countries like the United States, Canada, and Argentina. Focus on Cost Efficiency: With oil and gas prices being volatile, the industry will likely focus on improving cost efficiency and optimizing project execution. This may involve adopting digital technologies and embracing innovative project management practices. Conclusion The global oil and gas projects industry remains a vital part of the world's energy landscape. Driven by growing energy demand, technological advancements, and geopolitical factors, the industry is expected to continue developing new projects and embracing new trends in the coming years. By focusing on cost efficiency, optimizing project execution, and adapting to the global shift towards cleaner energy, the industry can navigate the challenges ahead and continue to play a critical role in the global economy.
Looking for a List of Recent Contract Winners in Oil & Gas Production Sector Around the World?
Are you searching for oil & gas production tender results and contract awards around the world? Look no further. We have compiled the most comprehensive and up-to-date database of oil & gas production to quickly find opportunities needing your services. Blackridge Research's government (administrative) building facility project database is a valuable resource for EPC companies, general contractors, subcontractors, manufacturers, suppliers, operation & maintenance (O&M) companies, investors, consulting companies, and law firms looking for new business opportunities. Our database includes all the essential project details, including contact information of project owners and stakeholders, making it easy for you to establish your connection and grow your business.
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Never miss another business opportunity. Our cutting-edge AI-powered technology, Black, continuously scans and monitors hundreds of thousands of news and tender sources worldwide, uncovering new oil & gas production tender results and contract award information and updates as they happen. Our expert research team then processes and delivers this information to you through our Global Project Tracker platform, giving you a competitive edge in the industry.
Find Business Opportunities Worldwide by Identifying and Associating Early with Winner of Oil & Gas Production Contracts.
We provide important information on the latest oil & gas production project contract winners worldwide, including project values, timelines, and key contact details to help you select the best business opportunities for your company. Grow your business with valuable insights into global oil & gas production contract awards to identify potential partners, suppliers, and customers.
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Increase your chances of winning more work with Global Project Tracker's oil & gas production contract awards leads database by discovering the perfect projects that align with your requirements and goals. Leverage GPT's in-depth project insights to make valuable connections with key decision-makers and secure new business before your competitors do.
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This is a great information source. The platform itself is easy to navigate and understand. Being able to find projects quickly has really helped cut down on the time spent looking for opportunities.
General Manager
SINOPEC Engineering Incorporation (SEI)
Project Tracker has a simple and easy-to-use interface that lets us find upcoming and ongoing projects. It also covers details of key personnel and companies involved, which is important for business development and analyzing the competition.
Sr Business Development
Baker McKenzie
With Blackridge's Global Project Tracker, our sales team can easily and efficiently track upcoming projects, which saves us valuable time and enables us to target potential customers more effectively.
Sales Manager
Sulzer Ltd
FAQs about construction projects and bids in Global
Projects in other Regions
- Oil & Gas Production Project Contract Awards in European Union (EU) Region
- Oil & Gas Production Project Contract Awards in EMEA (Europe Middle East and Africa) Region
- Oil & Gas Production Project Contract Awards in Western Europe Region
- Oil & Gas Production Project Contract Awards in Central Europe Region
- Oil & Gas Production Project Contract Awards in Northern Europe Region
- Oil & Gas Production Project Contract Awards in Europe Region
- Oil & Gas Production Project Contract Awards in Southern Europe Region
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