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Nisku, Alberta, Canada
Acctive Oilfield Inspection Inc. is an Alberta based service company established in 1995. The owner/operators are two brothers that started in the Oil and Gas Industry in the late 1980's. They began employment with Guardian Inspection and later moved to Premium Oilfield Inspection.
Frequently Asked Questions: EPC
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We cannot deny the role of the hydrocarbon sector in the economic growth of an economy. Consequently, ample opportunities are created for the EPC players. Upstream business will experience an upswing with the discovery and exploration of untapped huge oil and gas reserves and CBM Blocks. In the area of petrochemicals, large scale growth is expected owing to increased demand for consumer durables. Moreover, the emerging economies offer immense opportunities to the EPC companies.
Globalization has blurred the international boundaries. With this, finding the right talent, their management and retention has emerged as a big challenge. The fluctuating market conditions coupled with the geopolitical turbulence has cast the shadow of uncertainty on the prices of the raw materials. All this has put a huge pressure on the margins and a tight rope walk would best describe the process of protection of the bottom line.
Procurement is the mainspring of EPC. Procurement is what determines the way forward in a significant way. For a profitable procurement, the path is a combination of trust, a wide vendor base and a strong techno-commercial team. However, the presence of a strong Inspection and Expediting team is also extremely important to ensure that quality and timely delivery is achieved. Access to a large vendor base is equally important to gain competitive offers. As the industry is going digital now, use of modern tools like e-procurement, etc provides effectiveness to the procurement process.
The traditional strategies are no longer effective in the current ‘sellers market’. Alternative contracting strategies are required to mitigate the oligopolistic economic inefficiencies. The effective use of these alternative strategies requires increased owner involvement and its time that the EPCs should act as the owner's agent rather than its adversary. This will require an overall organizational and behavioral transformation for both owners and EPCs.
A custom quote for EPC will be according to your requirement. This will allow you to get the best rates from EPC companies across the globe. We work on a zero commission and zero referral fee business model, eliminating any unnecessary expense. We maintain complete transparency, which means that the buyers and suppliers can directly communicate through our platform and negotiate the prices. All this comes at a reasonable annual fee from manufacturers and suppliers who subscribe to our plans.
Energy Dais is a transparent oil and gas directory where equal opportunities are provided to all manufacturers and service providers to showcase their products. It gives you a chance to be visible in the higher positions of the directory. We understand that every company has a specific budget for marketing itself in the market. Thus, we offer a pretty reasonable pricing chart for companies. We make sure that you get the best quotation for your products and services. Here, you will be at an advantage with respect to engineering, procurement, and construction.
Yes. We help you find the best EPC contractors irrespective of your location. We simplify your search by connecting you with top EPC companies in your location, according to your budget and business requirement.
Yes. We use third-party companies to provide best quotations for your shipment and inspection of manufactured goods. We make sure that you get quality products from the manufacturer at the best price.
The demand for reduced project completion time is on a rise amidst the background of the EPC mode of project execution. This presents itself as a major risk for EPC contractors, and needs to be addressed at the earliest while laying down the execution strategies. In the present times, the perceived role of EPC contractors in grass-root projects has also visibly expanded much more beyond the technical scope, involving the concerns of location, sustainability, etc. If not considered by the EPC players during the bidding stage, this becomes a potential risk.
The Middle East has been no exception to the transformation in the contracting structure and framework globally. Owing to the presence of international EPC contractors since long in the Middle East region, the maturing of the EPC contracting structure in the Middle East has happened much before. Consequently, owners in the Middle East are more confident of the EPC approach.
Undoubtedly, with globalization, talent management and retention has become the biggest challenge for EPC Companies. The major concern is hiring and retaining good talent in Project Management and Construction. A robust quality analysis along with group vide consistent practices and work culture ensures that talent is nurtured, recognized and appropriately remunerated. People should be rotated within the group to gain exposure to international work culture and practices so that, they can enhance their skills and broaden their horizon.