Oil and gas infrastructure market expects significant growth per report

Last updated: | Reading Time: 2 minutes
According to HTF Market Intelligence, the Global Oil & Gas Infrastructure market is expected to grow from $650B in 2024 to $1,000B by 2032, with a 6% CAGR.

HTF MI recently introduced Global Oil and Gas Infrastructure Market study with 143+ pages in-depth overview. It describes the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are Schlumberger, Halliburton, Baker Hughes, TechnipFMC, Saipem, Bechtel, Worley, Wood, Aker Solutions, KBR, etc..

Download Sample Report PDF (Including Full TOC, Table & Figures) 👉 https://www.htfmarketreport.com/sample-report/2164591-global-oil-and-gas-infrastructure-market?utm_source=Altab_OpenPR&utm_id=Altab

According to HTF Market Intelligence, the Global Oil and Gas Infrastructure market is expected to grow from 650 Billion USD in 2024 to 1,000 Billion USD by 2032, with a CAGR of 6% from 2024 to 2032.

The Oil and Gas Infrastructure market is segmented by Types (Drilling, Production, Refining, Transport), Application (Exploration, Offshore, Onshore, Refining) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

Definition:
Oil and Gas Infrastructure involves the systems and facilities necessary for the exploration, extraction, processing, and transportation of oil and gas. This includes drilling rigs, pipelines, refineries, and storage facilities. It requires substantial investments, technological innovations, and expertise in project management. The sector faces increasing demands for sustainable energy solutions and cleaner technologies. This is also managing the challenges of fluctuating commodity prices and global regulations. Energy infrastructure is a key driver in meeting global energy needs. Moreover ensuring economic stability, and promoting industrial growth.

Click here to read the full article
Source: Open PR

—

Do you have any questions or thoughts about the topic? Feel free to contact us here or leave a comment below.

You might also like
Chevron's new triple-frac method cuts time by 25% and costs by 12% in Permian Basin oil and gas extraction.New oil and gas extraction technique saves time and money in the Permian Basin
New USGS study finds 473M barrels of oil, 27T cubic feet of gas in WY, CO, UT—signaling major boost for U.S. energy supply and economy.DOI says new USGS study finds ‘significant’ undiscovered oil, gas resources
Fed rate cutFed rate cut hikes oil and gas prices
US energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024U.S drillers add oil and gas rigs for second week in a row, Baker Hughes says
Streamlining Oil and Gas Royalty PaymentsStreamlining Oil and Gas Royalty Payments Tech Role
Oil and gas companies are increasingly focusing on near-field or ILX to reduce costs and risks in a challenging market environment.Oil and Gas Explorers Focus on Near-Field Plays
In the latest U.S. oil and gas merger, Chord Energy and Enerplus have agreed to combine in an approximately $11B stock and cash transactionChord Energy and Enerplus agree to $11 billion merger
Demand for fossil fuels will not grow indefinitely, but it will probably be more resilient than most may expect.The staying power of oil and gas pipelines
Global LNG Exports Hit A Record High in Q1OAPEC said global exports of liquefied natural gas (LNG) reached a record high of 106.4 million tons in the first quarter of 2024.Learn how to manage mineral rights responsibly with environmental stewardship practices that protect ecosystems, conserve water, and reduce pollution in mining operations.Environmental Stewardship Guide in Managing Mineral Rights