June 19, 2018 - 4:59 PM EDT
Print Email Article Font Down Font Up
Oil and Gas Storage and Transportation Market 2018 - Global Outlook Report 2017-2026 - ResearchAndMarkets.com


The "Oil and Gas Storage and Transportation - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.

Increasing oil and gas demand from developed economies, discovery of new oil and gas reserves, increasing exports and imports of oil & oil products are fuelling the industry. Increased regulatory environment, geo-political risk, health, safety and environmental risk, occasional oil spills, and human capital deficit are some of the challenges faced by the market.

Few trends to be observed in the market are solidified natural gas technology for natural gas storage, spectacular rise in strategic petroleum reserves capacities, increased R&D activities on synthetic natural gas technology and institutional investors such as banks are eager to increase their investments in oil and gas storage facilities.

North America is projected to be the major revenue generator with the increase in new onshore and offshore exploration and development in exploration activities in the Campos and Santos regions. Furthermore, with the increase in drilling activities in these areas also fuels the demand for oil and gas storage facilities.

Asia Pacific and the Middle East are attributed to grow with a strong demand for crude oil by developing countries such as India and China, growth in income and a continuous increase in the demand of petroleum products is thus expected in the near future.

Scope of the Report

Products Covered:

  • Crude oil
  • Refined petroleum products
  • Natural Gas
  • Liquefied Natural Gas
  • Others

Equipments Covered:

  • Marine Vessels & Platforms
  • Control & Instrumentation - Oil & Gas
  • Pipe Lines
  • Oilfield Tools

Companies Mentioned

  • Royal Vopak
  • Buckeye
  • Vitol Group
  • Amec Foster Wheeler
  • Magellan Midstream
  • WorleyParsons
  • Niska Gas Storage
  • Centrica
  • Chiyoda
  • CLH ( Compaa Logstica de Hidrocarburos)
  • DaLian Port (PDA) Company
  • Kinder Morgan
  • NuStar Energy
  • Odfjell
  • Oiltanking
  • Ramboll

For more information about this report visit https://www.researchandmarkets.com/research/3v2c7t/oil_and_gas?w=4

Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Oil, Pipelines

Source: Business Wire (June 19, 2018 - 4:59 PM EDT)

News by QuoteMedia

Legal Notice