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Global Oil and Gas EPC Service Market Research Report 2024
Synopsis
Oil and Gas EPC (Engineering, Procurement, and Construction) service refers to a comprehensive turnkey solution provided by companies to the oil and gas industry. It involves the full scope of engineering, procurement, and construction services required for the completion of oil and gas projects, including pipelines, refineries, offshore platforms, petrochemical plants, and storage facilities. The EPC contractor is responsible for designing, acquiring materials and equipment, managing logistics, constructing and commissioning the facility. The EPC contractor coordinates with the client throughout the project to ensure the project is completed on time, within budget, and to meet the project specifications.
Global Oil and Gas EPC Service market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Oil and Gas EPC Service market research.
Key companies engaged in the Oil and Gas EPC Service industry include Saipem SpA, TechnipFMC, KBR, John Wood Group, Worley, Petrofac, National Petroleum Construction Company, Fluor Corporation and Bechtel Corporation, etc. Among those companies, the top 3 players guaranteed % supply worldwide in 2022.
When refers to consumption region, % value of Oil and Gas EPC Service were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Oil and Gas EPC Service market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Oil and Gas EPC Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Saipem SpA
TechnipFMC
KBR
John Wood Group
Worley
Petrofac
National Petroleum Construction Company
Fluor Corporation
Bechtel Corporation
L&T Hydrocarbon Engineering
McDermott
Daelim Industrial
Segment by Type
Construction and Installation
Management Services
Others
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Oil and Gas EPC Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Oil and Gas EPC (Engineering, Procurement, and Construction) service refers to a comprehensive turnkey solution provided by companies to the oil and gas industry. It involves the full scope of engineering, procurement, and construction services required for the completion of oil and gas projects, including pipelines, refineries, offshore platforms, petrochemical plants, and storage facilities. The EPC contractor is responsible for designing, acquiring materials and equipment, managing logistics, constructing and commissioning the facility. The EPC contractor coordinates with the client throughout the project to ensure the project is completed on time, within budget, and to meet the project specifications.
Global Oil and Gas EPC Service market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Oil and Gas EPC Service market research.
Key companies engaged in the Oil and Gas EPC Service industry include Saipem SpA, TechnipFMC, KBR, John Wood Group, Worley, Petrofac, National Petroleum Construction Company, Fluor Corporation and Bechtel Corporation, etc. Among those companies, the top 3 players guaranteed % supply worldwide in 2022.
When refers to consumption region, % value of Oil and Gas EPC Service were sold to North America, Europe and Asia Pacific in 2022. Moreover, China, plays a key role in the whole Oil and Gas EPC Service market and estimated to attract more attentions from industry insiders and investors.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Oil and Gas EPC Service market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Saipem SpA
TechnipFMC
KBR
John Wood Group
Worley
Petrofac
National Petroleum Construction Company
Fluor Corporation
Bechtel Corporation
L&T Hydrocarbon Engineering
McDermott
Daelim Industrial
Segment by Type
Construction and Installation
Management Services
Others
Segment by Application
Onshore
Offshore
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
The Oil and Gas EPC Service report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Global market size, regional market size. Market Opportunities and Challenges
Chapter 3: Companies’ Competition Patterns
Chapter 4: Product Type Analysis
Chapter 5: Product Application Analysis
Chapter 6 to 10: Country Level Value Analysis
Chapter 11: Companies’ Outline
Chapter 12: Market Conclusions
Chapter 13: Research Methodology and Data Source
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Oil and Gas EPC Service Market Size Growth Rate by Type: 2018 VS 2022 VS 2029
1.2.2 Construction and Installation
1.2.3 Management Services
1.2.4 Others
1.3 Market by Application
1.3.1 Global Oil and Gas EPC Service Market Growth by Application: 2018 VS 2022 VS 2029
1.3.2 Onshore
1.3.3 Offshore
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Oil and Gas EPC Service Market Perspective (2018-2029)
2.2 Oil and Gas EPC Service Growth Trends by Region
2.2.1 Global Oil and Gas EPC Service Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Oil and Gas EPC Service Historic Market Size by Region (2018-2023)
2.2.3 Oil and Gas EPC Service Forecasted Market Size by Region (2024-2029)
2.3 Oil and Gas EPC Service Market Dynamics
2.3.1 Oil and Gas EPC Service Industry Trends
2.3.2 Oil and Gas EPC Service Market Drivers
2.3.3 Oil and Gas EPC Service Market Challenges
2.3.4 Oil and Gas EPC Service Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Oil and Gas EPC Service Players by Revenue
3.1.1 Global Top Oil and Gas EPC Service Players by Revenue (2018-2023)
3.1.2 Global Oil and Gas EPC Service Revenue Market Share by Players (2018-2023)
3.2 Global Oil and Gas EPC Service Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Oil and Gas EPC Service Revenue
3.4 Global Oil and Gas EPC Service Market Concentration Ratio
3.4.1 Global Oil and Gas EPC Service Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Oil and Gas EPC Service Revenue in 2022
3.5 Oil and Gas EPC Service Key Players Head office and Area Served
3.6 Key Players Oil and Gas EPC Service Product Solution and Service
3.7 Date of Enter into Oil and Gas EPC Service Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Oil and Gas EPC Service Breakdown Data by Type
4.1 Global Oil and Gas EPC Service Historic Market Size by Type (2018-2023)
4.2 Global Oil and Gas EPC Service Forecasted Market Size by Type (2024-2029)
5 Oil and Gas EPC Service Breakdown Data by Application
5.1 Global Oil and Gas EPC Service Historic Market Size by Application (2018-2023)
5.2 Global Oil and Gas EPC Service Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Oil and Gas EPC Service Market Size (2018-2029)
6.2 North America Oil and Gas EPC Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
6.3 North America Oil and Gas EPC Service Market Size by Country (2018-2023)
6.4 North America Oil and Gas EPC Service Market Size by Country (2024-2029)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Oil and Gas EPC Service Market Size (2018-2029)
7.2 Europe Oil and Gas EPC Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
7.3 Europe Oil and Gas EPC Service Market Size by Country (2018-2023)
7.4 Europe Oil and Gas EPC Service Market Size by Country (2024-2029)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Oil and Gas EPC Service Market Size (2018-2029)
8.2 Asia-Pacific Oil and Gas EPC Service Market Growth Rate by Region: 2018 VS 2022 VS 2029
8.3 Asia-Pacific Oil and Gas EPC Service Market Size by Region (2018-2023)
8.4 Asia-Pacific Oil and Gas EPC Service Market Size by Region (2024-2029)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Oil and Gas EPC Service Market Size (2018-2029)
9.2 Latin America Oil and Gas EPC Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
9.3 Latin America Oil and Gas EPC Service Market Size by Country (2018-2023)
9.4 Latin America Oil and Gas EPC Service Market Size by Country (2024-2029)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Oil and Gas EPC Service Market Size (2018-2029)
10.2 Middle East & Africa Oil and Gas EPC Service Market Growth Rate by Country: 2018 VS 2022 VS 2029
10.3 Middle East & Africa Oil and Gas EPC Service Market Size by Country (2018-2023)
10.4 Middle East & Africa Oil and Gas EPC Service Market Size by Country (2024-2029)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Saipem SpA
11.1.1 Saipem SpA Company Detail
11.1.2 Saipem SpA Business Overview
11.1.3 Saipem SpA Oil and Gas EPC Service Introduction
11.1.4 Saipem SpA Revenue in Oil and Gas EPC Service Business (2018-2023)
11.1.5 Saipem SpA Recent Development
11.2 TechnipFMC
11.2.1 TechnipFMC Company Detail
11.2.2 TechnipFMC Business Overview
11.2.3 TechnipFMC Oil and Gas EPC Service Introduction
11.2.4 TechnipFMC Revenue in Oil and Gas EPC Service Business (2018-2023)
11.2.5 TechnipFMC Recent Development
11.3 KBR
11.3.1 KBR Company Detail
11.3.2 KBR Business Overview
11.3.3 KBR Oil and Gas EPC Service Introduction
11.3.4 KBR Revenue in Oil and Gas EPC Service Business (2018-2023)
11.3.5 KBR Recent Development
11.4 John Wood Group
11.4.1 John Wood Group Company Detail
11.4.2 John Wood Group Business Overview
11.4.3 John Wood Group Oil and Gas EPC Service Introduction
11.4.4 John Wood Group Revenue in Oil and Gas EPC Service Business (2018-2023)
11.4.5 John Wood Group Recent Development
11.5 Worley
11.5.1 Worley Company Detail
11.5.2 Worley Business Overview
11.5.3 Worley Oil and Gas EPC Service Introduction
11.5.4 Worley Revenue in Oil and Gas EPC Service Business (2018-2023)
11.5.5 Worley Recent Development
11.6 Petrofac
11.6.1 Petrofac Company Detail
11.6.2 Petrofac Business Overview
11.6.3 Petrofac Oil and Gas EPC Service Introduction
11.6.4 Petrofac Revenue in Oil and Gas EPC Service Business (2018-2023)
11.6.5 Petrofac Recent Development
11.7 National Petroleum Construction Company
11.7.1 National Petroleum Construction Company Company Detail
11.7.2 National Petroleum Construction Company Business Overview
11.7.3 National Petroleum Construction Company Oil and Gas EPC Service Introduction
11.7.4 National Petroleum Construction Company Revenue in Oil and Gas EPC Service Business (2018-2023)
11.7.5 National Petroleum Construction Company Recent Development
11.8 Fluor Corporation
11.8.1 Fluor Corporation Company Detail
11.8.2 Fluor Corporation Business Overview
11.8.3 Fluor Corporation Oil and Gas EPC Service Introduction
11.8.4 Fluor Corporation Revenue in Oil and Gas EPC Service Business (2018-2023)
11.8.5 Fluor Corporation Recent Development
11.9 Bechtel Corporation
11.9.1 Bechtel Corporation Company Detail
11.9.2 Bechtel Corporation Business Overview
11.9.3 Bechtel Corporation Oil and Gas EPC Service Introduction
11.9.4 Bechtel Corporation Revenue in Oil and Gas EPC Service Business (2018-2023)
11.9.5 Bechtel Corporation Recent Development
11.10 L&T Hydrocarbon Engineering
11.10.1 L&T Hydrocarbon Engineering Company Detail
11.10.2 L&T Hydrocarbon Engineering Business Overview
11.10.3 L&T Hydrocarbon Engineering Oil and Gas EPC Service Introduction
11.10.4 L&T Hydrocarbon Engineering Revenue in Oil and Gas EPC Service Business (2018-2023)
11.10.5 L&T Hydrocarbon Engineering Recent Development
11.11 McDermott
11.11.1 McDermott Company Detail
11.11.2 McDermott Business Overview
11.11.3 McDermott Oil and Gas EPC Service Introduction
11.11.4 McDermott Revenue in Oil and Gas EPC Service Business (2018-2023)
11.11.5 McDermott Recent Development
11.12 Daelim Industrial
11.12.1 Daelim Industrial Company Detail
11.12.2 Daelim Industrial Business Overview
11.12.3 Daelim Industrial Oil and Gas EPC Service Introduction
11.12.4 Daelim Industrial Revenue in Oil and Gas EPC Service Business (2018-2023)
11.12.5 Daelim Industrial Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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