Press release
Oil & Gas Upstream Activities Predicted To Experience Incremental Growth By 2031 | Iraq Ministry of Oil, Gazprom PAO, Saudi Aramco, National Iranian Oil Company
Oil & Gas Upstream Activities Global Market Report 2022 - Market Size, Trends, And Global Forecast 2022-2026 by The Business Research Company is the most comprehensive report available on this market, with analysis of the market's historic and forecast growth, drivers and restraints causing it, and highlights of the opportunities that companies in the industry can take on. The oil and gas upstream activities market research report helps gain a truly global perspective of the oil and gas upstream activities industry as it covers 60 geographies worldwide. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The regions covered in the oil and gas upstream activities market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, Asia Pacific accounts for the largest oil and gas upstream activities market share.
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The oil and gas upstream activities market consists of sales of crude oil and natural gas by entities (organizations, sole traders or partnerships) that undertake the pre-refining activities of crude oil and natural gas production.
Key competitors in the oil and gas upstream activities market include Iraq Ministry of Oil, Gazprom PAO, Saudi Aramco, National Iranian Oil Company, Royal Dutch Shell, Rosneft, Schlumberger Ltd., Equinor, Gazprom Neft, and Chevron.
The global oil & gas upstream activities market size is expected to grow from $3,567.49 billion in 2021 to $3,934.81 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The oil and gas upstream activities market is expected to reach $5,663.36 billion in 2026 at a CAGR of 9.5%.
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TBRC's report segments the global oil and gas upstream activities market:
1) By Type: Crude Oil, Natural Gas, Oil And Gas Wells Drilling Services, Oil And Gas Supporting Activities
2) By Drilling Type: Offshore, Onshore
3) By End-User: Crude Petroleum Comprises, Natural Gas Extraction Comprises
Read Further On The Oil And Gas Upstream Activities Market Here:
https://www.thebusinessresearchcompany.com/report/oil-and-gas-upstream-activities-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Oil & Gas Upstream Activities Market Characteristics
4. Oil & Gas Upstream Activities Market Product Analysis
5. Oil & Gas Upstream Activities Market Supply Chain
.....
23. Market Background: Oil And Gas Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
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