Major participants across the oil & gas infrastructure market include
NGL Energy Partners LP
Centrica plc
Kinder Morgan
Schlumberger Limited
Royal Vopak
Shell
Exxon Mobil Corporation
Baker Hughes
Chevron Corporation
TotalEnergies
ConocoPhillips Company
BP p.l.c.
Energy Transfer LP
Marathon Oil Company
Occidental Petroleum Corporation
Hatch
WILLIAMS
Enterprise Products Partners L. PONEOK
Halliburton
Authors:
Ankit Gupta, Abhishek Chopra
Frequently Asked Questions (FAQ) :
The market size of oil & gas infrastructure valued at more than USD 714.4 billion in 2023 and is poised to record a CAGR of over 6.7% from 2024 to 2032, says this GMI report.
The oil & gas storage infrastructure segment worth USD 22 billion in 2021 and will expand with the higher dependability of resources for power generation and the retirement of coal-fired power substations.
The oil & gas infrastructure industry in Europe generated over USD 95 billion in 2021 due to the presence of favorable government regulations and access to customized and advanced technology solutions.
The oil, gas & NGL pipeline market is expected to strike a growth rate of around 6% through 2030 owing to the paradigm shift toward gas-based power plants and surging demand for natural gas liquids.