Page 13 - Industrial Plant 2015
P. 13
Editorial
An Outlook for the
Italian Engineering
and Contracting Industry
After the Growth it is Time
for Resilience
“INello Uccelletti ndustrial Plants”, ANIMP’s yearly publication for our world-class engineering and construction contracting, onshore
international audiences, highlights selected significant and offshore, as well as equipment supply, still looks at the
Animp President recent achievements of the Italian Engineering and future with a moderate optimism, for a number of good reasons.
Contracting Industry, currently under execution or In complex and rapidly changing global markets, our companies
recently completed in international or domestic have been forced to be ever more flexible and ever more
innovative, by applying successful execution models, mitigating
markets, with a special focus on main challenges of the increasing project risks as well as generally by applying a
number of very innovative solutions to new challenges.
today: new markets, new technologies, complex projects,
The increased sales level in 2014 vs. previous years and
challenging logistics, advanced systems, competitive supplies, consequently the increased backlog of acquired orders at the
end of 2014 is firstly a testimonial to the success of the Italian
need for local content etc. industry in recent years. But it is also demonstration of
resilience, allowing the industry in the immediate future to
Over the last decades, these Italian industries have proven their “weather the storm” of reduced short term investments as well
as to restructure and become even more competitive for the
competitiveness, innovation and flexibility in almost every investment wave expected in the medium term.
In any case, the volume of new investments expected in 2015
remote corner of the world, from Eastern Russia and Eastern and 2016, both in upstream and in downstream markets, still
remains substantial, in spite of numerous uncertainties,
Australia to Western Canada and Latin America. Today, Italian particularly in some regions.
Generally, therefore, our industry is ready for the next challenges
contractors and equipment suppliers are among the global and it looks at the future with optimism, in spite of the expected
short-term downturn.
leaders, with high market shares, universal recognitions and
We thank the Italian industry working in the oil & gas sector for
growing sales. their strong and continuing support to ANIMP. We confirm our
commitment to provide an ever improving range of services to
Our industry has historically excelled in projects which are more all our affiliates and to represent the Italian supply-chain of the
and more complex in terms of size, technology characteristics, Engineering and Contracting Industry in all global contexts.
extreme logistics and generally very challenging environments.
These projects require high technical and management skills in Nello Uccelletti
which many of our companies have proven their worth. This
know-how and flexibility are excellent sources of competitive
advantage vs. newer entrants from emerging markets, often
less experienced and not as well organized.
Today’s industrial plant markets are highly transformative and
turbulent: in addition to many shifts, rapid changes and
evolutions over the last years, the recent fall of the price of oil
has somewhat reduced the short term investments in the oil &
gas industry and mitigated the medium term growth prospects.
Nevertheless, the Italian industrial supply chain, which includes
Industrial Plants - May 2015
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