petrahearn

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Oil Pipeline Infrastructure Market - Regional
Revenue, Trend and Growth Forecast-2025
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Global Market Scenario of Oil Pipeline
Infrastructure Industry

• Oil Pipeline Infrastructure Market will grow over
  USD 135 billion by 2025. Increasing investment
  toward EP activities along with ongoing
  discoveries of several potential fields will
  drive the oil pipeline infrastructure market.
• Rising concerns to ensure energy security coupled
  with direct influence on employment generation,
  GDP and other macroeconomic factors will augment
  the industry landscape. For instance, in 2018,
  various oil reserves were discovered across the
  U.S., Norway, Oman and Cyprus in which nearly all
  the fields across Guyana and Cyprus were
  ultra-deep-water fields.
• The U.S. oil pipeline infrastructure market will
  surpass the cumulative installation of 450,000 km
  in 2018. Upgradation of drilling technologies
  coupled with robust investment in infrastructure
  development will stimulate the business growth.
  Majority of the fields across Texas and North
  East U.S., including the Permian basin will come
  in to production in 2019. Significant offshore
  funding leading to increasing rig count across
  the U.S. will boost the development of pipeline
  network.

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Continue-

• The oil pipeline infrastructure market is set to
  grow on account of booming international oil
  trades and rapid globalization. Increasing
  requirement for replacement of aging
  infrastructure along with ongoing refurbishment
  projects will complement the industry landscape.
  Strict environment norms coupled with protest
  from regional activist group will hinder the
  clearance of various pipeline projects.
• Rising production from subsea oilfields will
  proliferate the growth across offshore oil
  pipeline infrastructure market. Growing industry
  consolidations for access to foreign reserves or
  joint development of oil rich fields along with
  flexible trade policies will augment the industry
  landscape. Furthermore, prevailing upgradation
  and replacement projects will positively enhance
  the industry outlook. In April 2018, McDermott
  International publicized its air saturation
  dive for offshore pipeline development project,
  for replacement of several pipeline assets.

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Asia Pacific Oil Pipeline Infrastructure Market
Size, By Diameter, 2018 2025 (USD Million)
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360 Industry Analysis

• Ongoing geopolitics and rivalry among the leading
  industry players competing to capture maximum
  industry share will foster the Middle East oil
  pipeline infrastructure market. Major industry
  players including Iran and Qatar are extending
  its pipelines toward Europe in order to diversify
  from Russian dominance. Major oil pipelines are
  anticipated to start operations by 2022 that
  include Naeen-Rey pipeline and Goureh-Jask
  pipeline with a length of 420 km and 1,100 km
  respectively.
• Growing need for establishing efficient and
  reliable oil transport network across the
  developing economies will drive the oil pipeline
  infrastructure market from transmission lines.
  Stringent codes and standards regarding the
  quality and raw material have instigated the
  replacement of various pipelines. Respective
  government funding for upgradation of existing
  assets coupled with increasing number of
  greenfield projects will enhance the industry
  outlook.
• Eminent players operating in the oil pipeline
  infrastructure market comprises Enbridge,
  TransCanada, Kinder Morgan, Enbridge, Pembina,
  PetroChina, CNPC, Petrobras, National Oil Varco,
  Bechtel, Europipe, Chelpipe, Welspun Corporation,
  Jindal Group and CRC Evans.

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Industry Background
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