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Oil and Gas Pipeline Operator Market Competitive Landscape, Growth Factors, Revenue Analysis by 2029

06-28-2023 07:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Oil and Gas Pipeline Operator Market

Oil and Gas Pipeline Operator Market

Oil and gas pipeline operator market is projected to grow at a considerable CAGR of 6.5% during the forecast period. The growth of the market is attributed to factors such as increasing energy demand, expansion of oil and gas exploration activities, and the need for efficient transportation infrastructure. For instance, in February 2023, Luberef, a subsidiary of Saudi Aramco, expanded its base oil plant in Yanbu' al Bahr, Saudi Arabia, which will increase capacity by 230,000 metric tons per year. The project will also upgrade the facility, enabling it to make API Group III base stocks. Additionally, government initiatives promoting energy infrastructure development and cross-border collaborations in the oil and gas sector are expected to fuel the demand for pipeline operators. For instance, in February 2021, Saudi Arabia implemented energy efficiency initiatives that align with its Vision 2030 goals and the United Nations' Sustainable Development Goals (SDGs). These initiatives reflect the country's commitment to developing a diversified and sustainable economy. Recognizing the importance of sustainable and efficient planning, especially in the face of rapid societal growth and infrastructure development, the Saudi government has introduced various policies and guidelines. These measures aim to promote energy efficiency across all sectors and contribute to the country's long-term sustainability objectives.

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The global oil and gas pipeline operator market is segmented based on type and application. Based on type, the market is bifurcated into gas pipe and oil pipe. Based on application, the market is further divided into domestic pipeline operator and cross-border pipeline operator. Among the application segment, the domestic pipeline operator sub-segment is expected to dominate the market over the forecast period, which is attributed to the increasing demand for safe and reliable transportation of oil and gas within a country's borders.

full report of Oil and Gas Pipeline Operator Market available @ https://www.omrglobal.com/industry-reports/oil-and-gas-pipeline-operator-market

• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
Global Oil and Gas Pipeline Operator Market byType
o Gas Pipe
o Oil Pipe

Global Oil and Gas Pipeline Operator Market by Application
o Domestic Pipeline Operator
o Cross-border Pipeline Operator

Regional Analysis
o North America
o United States
o Canada
o Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe
o Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
o Rest of the World

Company Profiles
o CNPC
o DCP Midstream
o Enbridge Inc.
o Energy Transfer LP
o Eni S.p.A.
o Enterprise Products Partners L.P.
o Gazprom VNIIGAZ LLC
o Kinder Morgan
o Magellan Midstream Partners, L.P.
o Marathon Petroleum Corp.
o ONEOK, Inc.
o Pembina Pipeline Corp.
o Phillips 66
o Saudi Arabian Oil Co.
o Shell group of companies
o Spectra Energy
o Targa Resources Corp.
o TC Energy Systems
o TechTarget, Inc.
o Williams Companies, Inc.

The Report Covers
• Market value data analysis of 2022 and forecast to 2030.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global oil and gas pipeline operator market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/oil-and-gas-pipeline-operator-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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