Europe Oil and Gas Infrastructure Market Size- By Category- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Oil and Gas Infrastructure Market Introduction and Overview
According to SPER market research, ‘Europe Oil and Gas Infrastructure Market Size- By Category- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Oil and Gas Infrastructure Market is predicted to reach USD 208.06 billion by 2033 with a CAGR of 6.25%.
The wide range of structures, equipment, and other systems required for the finding, extraction, processing, distribution, and transportation of these natural resources are referred to as the infrastructure associated with oil and gas operations. Included in this infrastructure are drilling rigs, distribution networks, storage facilities, terminals, and refineries. With the infrastructure needed to extract hydrocarbons from the earth, process them into a range of products, and ship them to consumers throughout the world, it acts as the cornerstone of the whole oil and gas industry.
The Covid-19 pandemic has had a severe negative impact on the oil and gas sector, particularly with regard to infrastructure development. Every stage of the oil and gas value chain—from production and exploration to refining and transportation—has been impacted by the pandemic. Project delays have been one of the main effects of the pandemic on the market for infrastructure related to oil and gas.
Scope of the Report:Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Category
Regions covered France, Germany, Italy, Spain, United Kingdom, Rest of Europe
Companies CoveredHalliburton, Hatch Ltd, BP P.l.c., Conocophillips Company, TotalEnergies, Chevron Corporation, Baker Hughes Company, Exxon Mobil Corporation, Shell, Royal Vopak, SLB.
Europe Oil and Gas Infrastructure Market Segmentation:By Category: Based on the Category, Europe Oil and Gas Infrastructure Market is segmented as; Surface and Lease Equipment, Gathering & Processing, Oil, Gas & NGL Pipelines, Oil & Gas Storage, Refining & Oil Products Transport, Export Terminals.
By Region:This research also includes data for France, Germany, Italy, Spain, United Kingdom, Rest of Europe.