Industries > Energy > Global Offshore Pipeline Market Report 2019-2029

Global Offshore Pipeline Market Report 2019-2029

Analysis by Product (Oil, Gas and Refined Products), by Line Type (Export Line and Transport Line), by Diameter (Below 24 and Greater Than 24), Company and Country Analysis and Forecasts

PAGES: 163
PRODUCT CODE: ENE0213
SUBMARKET: Gas Oil

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Market Definition:
• Offshore Pipelines also known as submarine pipeline is mainly a pipeline on the sea bed level which is drilling underneath the seabed. These methods are basically used to extract natural resources like oil and gas or other refined products from the earth.
• However Offshore drilling can be difficult as compared to Onshore drilling which is making wells on the land, but now the offshore drilling has become easier as innovative methods are introduced in the market.

Market Overview and Trends
• In December 2018, BHGE and McDermott emerged for the Equus Gas Project in Australia as development partners. This collaboration will provide an integrated solution to develop the entire field covering, subsea, drilling, roduction facilities, export pipeline, and an LNG facility.
• In December 2018, Subsea 7 Integration Alliance was awarded a sizeable flowlines contract for the Manuel project in the US Gulf of Mexico for well development by BP.

Market Dynamics:

Factors Influencing the Market Growth:
• Increased demand for safe, economical, and reliable connectivity
• Surge in demand for crude oil & natural gas, especially from the asia pacific region

Factors Restraining the Market Growth:
• Constraints of Cross Border Pipeline Transportation

Market Segmentation 2019-2029:

Product
• Oil Market, 2019-2029
• Gas Market, 2019-2029
• Refined product Market, 2019-2029

Line Type
• Export Line, 2019-2029
• Transport Line, 2019-2029

Diameter
• Below 24 Market, 2019-2029
• Greater Than 24 Market, 2019-2029

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• Americas Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Middle East and Africa Market, 2019-2029

Competitive Analysis:
• Companies are actively engaged in different developmental strategies in order to improve and increase their foothold in the global offshore pipeline market.
• It has been anticipated that a considerable number of product launches, product developments, mergers, and acquisitions will occur in the global offshore pipeline industry in the forecast period.

Major Market Players:
• Key company profiles such as Saipem, Mcdermott, Wood Group, Technip Fmc, Sapura Energy Berhad, Fugro, Atteris, Penspen, Petrofac, Senaat, L&T Hydrocarbon Engineering are also provided in the report.

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CCR Ref number: KD4R6

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