Ocean Atlantic & Titan Forge Solutions is active in the execution of large EPC projects for the construction of power generation plants and its turn-key capability extends across the full range of thermal power generation technologies, as well as hydro and solar power generation. Ocean Atlantic & Titan Forge Solutions also undertakes projects for the rehabilitation and upgrading of existing power plants.
Increased industrialization in the developing countries of Asia-Pacific and the Middle East and Africa, together with mass urbanization, has increased the demand for reliable energy sources. Global consumption of energy in 2017 reached 13,511 million tonnes oil equivalent (Mtoe), according to the BP Statistical Review. Asia-Pacific accounted for the highest share with 5,744 Mtoe, followed by the Americas with 3,473Mtoe, Europe and Eurasia with 2,948 Mtoe and the Middle East and Africa with 1,347 Mtoe.