Tag Archives: Oil&Gas

Oil & Gas security market to reach $33B

Offshore oil and gas platformThe oil and gas security and service market size is estimated to grow from USD 26.34 Billion in 2015 to USD 33.90 Billion by 2020, at an estimated Compound Annual Growth Rate (CAGR) of 5.2% from 2015 to 2020.

These figures are according to Marketsandmarkets researchers from the company’s recently published report entitled, the “Oil and Gas Security and Service Market by Application (Exploration and Drilling, Refining and storage area, pipeline, transportation and distribution), Security type, Service type, Region – Global Forecast & Analysis to 2020”, The report segments the oil and gas security and services market into various subsegments with in-depth analysis and forecasting of revenues.

 

Continue reading Oil & Gas security market to reach $33B

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NEC to secure major Kuwait refinery with biometrics

refinary

NEC Corporation announced its receipt of an order from JGC CORPORATION for the delivery of telecommunications and security systems for the Kuwait National Petroleum Company’s large-scale Mina Al-Ahmadi Refinery, the construction of which JGC CORPORATION is involved in. The value of this order is approximately $10.7 million, and NEC will commence delivery of the systems from December 2015. Continue reading NEC to secure major Kuwait refinery with biometrics

Honeywell Process Solutions selected for critical off-shore project management in Vietnam

Offshore oil and gas platform

Honeywell Process Solutions (HPS) was recently selected by Hoang Long Joint Operating Co. (HLJOC) to handle critical project management and engineering for a third oil and natural gas platform that will tap energy reserves in Te Giac Trang (TGT) Field, just off the coast of Vietnam. Continue reading Honeywell Process Solutions selected for critical off-shore project management in Vietnam

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