Driving innovation is an inescapable strategic reality, not only for accelerating new products development and technological solutions but also for creating new markets.
The global refining industry continues to move toward more restrictive environmental laws for sulfur oxide (SOx) emissions.
In response to challenges related to global warming, climate change and greenhouse gas emissions, numerous countries are adopting regulatory measures requiring industry to further improve energy efficiency.
2020 can be viewed as one the most challenging periods in the history of the oil and gas sector.
Bearings are precision components; to survive, they require clean lubricants in adequate amounts.
Heat exchangers are some of the most critical equipment in the oil and gas industry, as they provide the required temperature of fluid to sustain the plant’s operation.
Data provided by Global Energy Infrastructure.
Gulf Energy Information’s Global Energy Infrastructure database is tracking nearly 1,100 projects around the world. At 40%, the Asia-Pacific region holds the largest market share in total active projects followed by the Middle East and the U.S. These three regions represent nearly 70% of all active projects in the hydrocarbon processing industry.
New project announcements, April 2020–June 2021
Active project market share by activity level
For additional downstream construction project data, visit Construction Boxscore.