OIL & GAS Market Research Reports Industry Growth Insight, SWOT analysis, Industry CAGR| Western Market Research
Oil and gas are major industries within the energy market and play an influential role within the global economy because of the world's primary fuel sources. The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive, and need state-of-the-art technology.
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https://www.westernmarketresearch.com/industries/16/Oil-&-Gas
What are the sectors of the oil and gas industry?
The oil & gas industry is into three segments: upstream, midstream, and downstream.
1. Upstream, production and exploration companies, find reservoirs and drill oil and gas wells.
2. Midstream companies are liable for transportation from the wells to refineries.
3. Downstream companies are liable for refining and therefore the sale of the finished products.
What is the future of the oil and gas industry?
Oil demand is predicted to rise by a mean of 1.4 p% per annum, and to form up around 36.5% of the planet's energy mix by 2030. The share of gas, on the opposite hand, is predicted to climb to over 27% cent by 2030, up from over 23 percent at the instant.
What is the value of the oil and gas industry?
A number one business intelligence firm, the entire revenues for the oil and gas drilling sector came to approximately $3.31 trillion in 2019. This sector consists of companies that looked for, develop, and operate oil and gas fields.
What percentage of GDP are oil and gas?
America's oil and natural gas industry supports 10.4 million jobs in the United States and nearly 8 percent of our nation's Gross Domestic Product.
Top Oil and gas industry and revenue
1. China Petroleum & Chemical Corporation – $424bn
2. China National Petroleum Corp (CNPC) – $396bn
3. Petro China – $360bn
4. Royal Dutch Shell – $345bn
5. Saudi Arabian Oil – $330bn
6. BP – $278bn
7. Exxon Mobil – $265bn
Oil and gas industry key players
1. Abu Dhabi National Oil Company
2. Bharat Petroleum Corporation Limited
3. BHP Billiton Limited
4. Cenovus Energy Inc.
5. Chevron Corporation
6. China National Petroleum Corporation (CNPC)
7. CNOOC Limited
8. ConocoPhillips
9. Cosmo Oil Co., Ltd.
10. CPC Corporation, Taiwan
11. Delek Energy Systems Ltd.
12. Dubai Petroleum
13. Ecopetrol S.A.
14. Egyptian General Petroleum Corporation (EGPC)
15. Empresa Nacional del Petroleo SA
16. Exxon Mobil Corporation
17. Formosa Petrochemical Corporation
18. Galp Energia SGPS, S.A.
19. Gas Natural Fenosa
20. GasTerra B.V.
21. Gasum Oy
22. GDF Suez SA
23. Grupa Lotos SA
24. GS Caltex Corporation
25. Hellenic Petroleum S.A.
26. Hindustan Petroleum Corp
27. Husky Energy Inc
28. Idemitsu Kosan Co., Ltd.
29. Imperial Oil Limited
30. Indian Oil Corporation Limited
31. International Petroleum Investment Company PJSC
32. JX Holdings, Inc.
33. Korea Gas Corporation
34. Lundin Petroleum AB
35. Maersk Oil and Gas A/S
36. Mercuria Energy Group Ltd
37. Mitsui Oil Exploration Co., Ltd.
38. Motor Oil (Hellas) Corinth Refineries
39. Murphy Oil Corporation
40. National Iranian Oil Company
41. Neste Oyj
42. Nexen Energy ULC
43. Nigerian National Petroleum Corporation
44. Noble Energy
45. OAO
46. Oil Refineries Ltd
47. Oilinvest (Netherlands) B.V.
48. OJSC Rosneft Oil Company
49. OMV Group
50. Pacific Exploration and Production Corporation
51. Partex Oil and Gas Holdings Corporation
52. Petro SA
53. Petrobras Argentina S.A.
54. Petroceltic International PLC
55. PetroChina Company Limited
56. Petroleo Brasileiro
57. Petroleos Mexicanos
58. Petroliam Nasional Berhad
59. Petron Corporation
60. Philippine National Oil Company
61. Phoenix Petroleum Philippines
62. Polish Oil and Gas Company
63. PTT Public Company Limited
64. Reliance Industries Limited
65. Repsol, S.A
66. Royal Dutch Shell plc
67. Saras S.p.A.
68. Sasol Limited
69. Saudi Aramco
70. SEAOIL Philippines, Inc.
71. Showa Shell Sekiyu
72. Singapore Petroleum Company Limited
73. SK Innovation Co., Ltd.
74. S-Oil Corporation
75. Statoil ASA
76. Suncor Energy Inc
77. Todd Energy
78. TOTAL S.A.
79. Trafigura Group PTE
80. Unipetrol
81. Valero Energy Corporation
82. Vitol Group
83. Wintershall Holding GmbH
Oil and gas industry key drivers
1. Increasing Exploration of Unconventional Gas Resources. The depleting conventional gas sources have resulted in a shift from conventional gas to unconventional sources
2. Rapid Technological Advancements.
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Global Oil and Gas Mobility Market Size And Forecast To 2025-
The Global Oil and Gas Mobility Market was valued at USD 8602.32 million in 2016 and is projected to reach USD 51543.53 million by 2025, growing at a CAGR of 22.01% from 2017 to 2025.
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The oil and gas industry involves complex and huge data; hence there is an increased need for a significant amount of investment in the mobility sector. The inclusion of mobility will help in bringing about efficiency in daily operations; introduce a centralized transparent and non-discriminatory mechanism for operational purposes across the entire value chain. Mobility in Oil and Gas reduces the cycle time required for performing routine operations and ensures optimum utilization of resources available. Mobility introduces the flexibility of doing tasks from any location at any time in real-time which helps the management to take quick decisions without interrupting the workflow.
Key Player covered in the report-
The major players in the market are as follows:
1. Wipro Limited
2. Halliburton
3. Accenture
4. Hewlett-Packard
5. Cisco Systems
6. Oracle Corporation
7. Microsoft Corporation
8. IBM Corporation
9. SAP SE
10. Infosys Limited
Market Dynamics:
1. Market Drivers
1.1 Adoption of Integrated Vendor Ecosystem
1.2 Increasing Demand of M2M Communication using High-Speed Networks
1.3 Evolving Multi-Platform Mobility
1.4 Option of Real-Time Operability with Smart Device
1.5 Increasing Adoption of Streamlining Data and Information Flow
1.6 Maximizing Economic Benefits
2. Market Restraints
2.1 Poor Data Management
2.2 Concerns for Information Security
2.3 Growing Rate of Cyber Attacks
Market Segmentation:
The Global Oil and Gas Mobility Market has segmented on the component, deployment model, end-user, and region.
1. By Component:
1.1 Software
1.1.1 Risk and Regulatory Compliance
1.1.2 Workforce Automation
1.1.3 Materials Management
1.1.4 Asset Management
1.1.5 Data Management
1.1.6 Mobile Analytics
1.1.7 Others
1.2 Service
1.2.1 Cloud Services
1.2.2 Professional Services
1.2.3 Integration Services
2. By Deployment Model:
2.1 Cloud-based
2.2 On-premise
3. By End User:
3.1 Large Enterprises
3.2 Small and Medium Businesses
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Global SCADA Oil & Gas Market Size And Forecast To 2025
The Global SCADA Oil & Gas Market was valued at USD 3.34 billion in 2016 and is projected to reach USD 5.55 billion by 2025, growing at a CAGR of 5.81% from 2017 to 2025.
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