Press release
Oil And Gas Supporting Activities Market Outlook -Estimated Market Size And Growth Rate
Oil And Gas Supporting Activities Market
The Business Research Company's Oil And Gas Supporting Activities Global Market Report 2023 identifies oil and gas supporting activities as the major driver for the Oil And Gas Supporting Activities market's growth in the forecast period. Emerging markets growth was aided by rising disposable income, stable political environment and increasing foreign investments in these countries. For instance, China's GDP grew by 2.3% in 2020 to $14.72 trillion.
The oil & gas upstream activities market size has grown strongly in recent years. It will grow from $4,285.01 billion in 2023 to $4,578.99 billion in 2024 at a compound annual growth rate (CAGR) of 6.9%.The oil & gas upstream activities market size is expected to see strong growth in the next few years. It will grow to $5,738.89 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%.
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Major competitors in the Oil And Gas Supporting Activities market are Schlumberger Ltd., TechnipFMC PLC, Saipem S.p.A., Halliburton, Weatherford International PLC, Petrofac Ltd., Aibel, Calfrac Well Services Ltd.
A key trend in the Oil And Gas Supporting Activities market includes major companies operating in the oil and gas. A natural gas analyzer is a device used to measure the composition of natural gas. For instance, in December 2022, ABB Ltd., a Switzerland-based electrification and automation technology provider, launched Sensi+, an analyzer for natural gas quality monitoring. It is a single instrument for continuously measuring H2S, H2O, and CO2 pollutants in natural gas streams for custody transfer, tariff compliance, and process monitoring. It provides safer, simpler, and more effective pipeline monitoring and operations.
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The Oil And Gas Supporting Activities market is segmented -
• By Type: Well Maintenance, Exploration, Well Developing
• By Drilling Type: Offshore, Onshore
• By End-Users: Crude Petroleum Comprises, Natural Gas Extraction Comprises
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Oil And Gas Supporting Activities market.
The Business Research Company's "Global Oil And Gas Supporting Activities Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Oil And Gas Supporting Activities Market Include:
1. Executive Summary
2. Oil And Gas Supporting Activities Market Characteristics
3. Oil And Gas Supporting Activities Product/Service Analysis -Product/Service Examples
4. Oil And Gas Supporting Activities Market Trends And Strategies
5. Oil And Gas Supporting Activities Market - Macro Economic Scenario
………………………
68. Global Oil And Gas Supporting Activities Market Competitive Benchmarking
69. Global Oil And Gas Supporting Activities Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Oil And Gas Supporting Activities Market
71. Oil And Gas Supporting Activities Market Future Outlook and Potential Analysis
72. Appendix
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