Offshore Pipeline Market 2019 Business Opportunities by Emerging Trends and Demand along with Saipem, Subsea 7, McDermott, Wood Group, Technip FMC, Sapura Energy Berhad, Fugro, Atteris, Penspen, Petrofac

the Global Offshore Pipeline market is accounted for $10.91 billion in 2017 and is expected to reach $21.13 billion by 2026 growing at a CAGR of 7.6%. The rising demand for crude oil and natural gas and growing demand for safe, economical, and reliable connectivity are some of the factors driving the market growth. However, cross border pipeline transportation is hindering the growth of the market. In addition, increasing demand for refined products and offshore/ultra-deepwater discoveries are some of the factors providing ample opportunities.

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Pipelines transport processed oil or gas. The structures must be strong enough to withstand the harshest environments, and ensure that production is not interrupted and remains economically feasible. The development of oil and gas fields offshore requires specialized pipeline equipment. The conveyed fluid is a single phase fluid after separation from oil, gas, water, and other solids. The pipeline is also called an “export line”. The pipeline has moderately low (ambient) temperature and low pressure just enough to export the fluid to the destination.

Amongst Line Type, the transport line segment is being the most common type of market is expected to hold the largest market share due to the technology is a highly mature and proven technology. By geography, Europe is dominated due to it is mainly dependent on conventional fuels, and nearly 80% of its total consumption comes from conventional energy sources. High energy consuming countries such as the UK, France, and Germany have negligible production and high demand. Hence, they are dependent on Russia and the Middle East for their oil supplies.

Some of the key players in Offshore Pipeline market include are Saipem, Subsea 7, McDermott, Wood Group, Technip FMC, Sapura Energy Berhad, Fugro, Atteris, Penspen, Petrofac, Senaat, and L&T Hydrocarbon Engineering.

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Market Segments:
Products Covered:
• Refined Products
• Gas
• Oil

Types Covered:
• Flexible Pipelines
• Steel Chromium Pipelines
• Duplex Pipelines
• Cladded or lined with stainless steels

Pipe Types Covered:
• Corrosion-resistant alloy (CRA) Pipe
• Coil Tubing
• Clad Pipe
• Flexible Hose
• Low Carbon Steel

Diameters Covered:
• Below 24
• Greater Than 24”

Line Types Covered:
• Transport Line
• Export Line
• Other Line Types

Categories Covered:
• Transmission Pipelines
• Infield Pipeline

Transportations Covered:
• Water
• Mineral Salts
• Strong Alkaline Materials
• Other Transportations

Coatings Covered:
• Field Joint Coating
• Insulation Coatings
• Concrete Weight Coating
• Corrosion Coatings

Stabilizations Covered:
• Saddle Blocks
• Gravel Dumps
• Sand Blocks
• Sandbags and Grout bags
• Ground Anchors
• Teaching and Burial
• Mattresses

Installations Covered:
• J-Lay System
• Reel-Lay System
• Pull/Tow System

Route Selections Covered:
• Human Factors
• Physical Factors

Technologies Covered:
• Pipe In Pipe Systems
• Bundled Line Systems
• Rigid Steel Pipes
• Piggy Back Line Systems
• Flexible Flowlines

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This release was published on openPR.