Oil and Gas EPC Market Status, Growth Opportunity, Size, Trends, Key Industry Outlook 2022 – 2029
Companies Profiled in Oil and Gas EPC Market Are Petrofac (U.K.), Wood (U.K.), Larsen & Toubro (India), McDermott (U.S.), Saipem (Italy), NPCC (UAE), WorleyParsons (Australia), TechnipFMC (U.K.), KBR (U.S.), Lamprell (UAE), Aker (Norway), Subsea7 (U.K.), Fluor Corporation (U.S.).
The research study presented here is a very detailed and meticulous description of almost all major aspects of the globalOil and Gas EPC Market. It digs deep into market dynamics including growth drivers, challenges, restraints, trends and opportunities.
The Oil and Gas EPC Market size was USD 46.60 billion in 2021. The market is projected to grow from USD 49.58 billion 2022 to USD 80.77 billion in 2029 at a CAGR of 7.2% during the 2022-2029 period.
Market participants can use research studies to strengthen their grip on the global Oil and Gas EPC Market by gaining a sound understanding of market competition, regional growth, Oil and Gas EPC Market segmentation, and various cost structures. This Report provides carefully calculated and verified market figures related to, but not limited to, revenue, production, consumption, gross margin and price.
Key Players Insights: The research provides a comprehensive analysis of market participants with coverage on company portfolio, growth strategies, target customers, operating geography and other updates. The study provides analysis on market participants including:
Larsen and Toubro (India)
Fluor Corporation (U.S.)
TO UNDERSTAND HOW COVID-19 IMPACT IS COVERED IN THIS REPORT:
The report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the Oil and Gas EPC Market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the Industry. Crucial pointers from COVID-19 case studies:
· Impact of COVID-19 on socio-economic status at regional and global scale. · Demand share and supply chain variations. · Business setup before and after the pandemic.
Oil and Gas EPC Market Industry Competitive Analysis:
February 2021:Saipem secured an EPC contract from Qatargas worth USD 1.7 billion for developing the North Field Production Sustainability Offshore Project. This contract is expected to hold EPC activities for offshore facilities such as platforms, supporting and connecting structures, subsea cables, and anticorrosion internally cladded pipelines.
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