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Asia-Pacific Oil and Gas Construction Projects | MarketResearchReports.biz
The objective of this report is to define, describe, and forecast the market on the basis of type, application, medical condition, and region. It provides detailed information regarding the major factors influencing the growth of the market. This report also tracks and analyzes competitive developments of the key players in terms of market developments, product portfolios, and financials.Acute Renal Failure Market: Industry Size, Share, Growth, Forecasts.
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Although China and India are leaders in global economic production, the region as a whole does not lead for investment in oil and gas construction projects, trailing the Americas with a total investment of US$1.23 trillion.
Investment in the oil and gas upstream sector in Asia-Pacific is expected to be subdued in 2017, 40% lower than investment in 2015 due largely to fewer projects taking final investment decisions with reduced budgets for exploration.
This report provides detailed analysis, information and insights based on 433 CIC projects in Asia-Pacific, including detailed metrics on the region's oil and gas construction projects (as tracked by CIC) split by country and value and by type of project, pipeline, refinery etc. Country profiles are provided for the top 10 countries including Australia, China and India.
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Summary
Timetrics Construction Intelligence Center (CIC) is currently tracking oil and gas construction projects in Asia-Pacific with a total value of US$1.23 trillion. Of this, US$483.1 billion is in the execution stage.
Australia accounts for the highest value with US$207.4 billion, followed by China with projects valuing US$188.7 billion. India and Malaysia follow with oil and gas projects with a value of US$170.9 billion and US$121.5 billion respectively.
Asia-Pacific's highest project investment is in refinery buildings with a value of US$574.8 billion followed by production facilities with a value of US$454.4 billion. The largest projects are the US$54.0 billion Gorgon Gas Field Development in Australia and the US$50.0 billion Malaysia to South Korea Trans Oriental Gas Pipeline in Malaysia.
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Scope
The report provides analysis based on CIC projects showing total project values for Asia-Pacific and analysis by stage and funding for the top 10 countries.
The top 50 projects are listed for the region giving country, stage, value and cu mt per day capacity if known.
Values by six types of project categories are given, e.g. refinery buildings and pipelines.
Ranked listings of the top participants for the sector are also provided showing the leading contractors, consulting engineers and project owners.
Reasons To Buy
Gain insight into main drivers of activity and forecasts for the oil and gas construction sector.
Assess all major projects by value, start date, scope and stage of development for the region and top 10 countries to support business development activities.
Plan campaigns by country based on specific project opportunities and align resources to the most attractive markets.
Key Highlights
The value of projects at the planning stage is a substantial US$395.0 billion while projects in the pre-planning stage amount to US$226.8 billion. Projects in the pre-execution stage account for US$125.4 billion and those projects in execution account for US$497.1 billion.
Australia accounts for highest value of oil and gas projects with US$207.4 billion.
Private investment is responsible for funding the highest proportion of projects, with 48%, with joint public and private funding at 32% and 20% of projects financed solely by public funding.
Assuming all projects tracked go ahead as planned, annual spending on the projects would reach US$231.0 billion in 2019.
The top contractor in the region is Monadelphous Group Ltd based in Australia followed by JGC Corporation based in Japan.
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