Europe Oil and Gas Infrastructure Market Growth, Size, Trends, Share, Revenue and Future Outlook

Europe Oil and Gas Infrastructure Market Size- By Category- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Europe Oil and Gas Infrastructure Market Size- By Category- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

Published: Jun 2024 Report ID: POAE2444 Pages: 1 - 153 Formats*:     
Category : Power & Energy
Europe Oil and Gas Infrastructure Market Introduction and Overview 

According to SPER Market Research, the Europe Oil and Gas Infrastructure Market is estimated to reach USD 208.06 billion by 2033 with a CAGR 6.25%.

The report includes an in-depth analysis of the Europe Oil and Gas Infrastructure Market, including market size and trends, product mix, distribution channels, and supplier analysis. Refineries, pipelines, terminals, drilling platforms, processing plants, and storage facilities are just a few of the resources that make up the oil and gas industry's infrastructure. The business scenario will be supported by the region's growing need for gas-based infrastructure as well as by an increase in exploration and production activity. The industry outlook will be nourished by growing investment to build pipeline infrastructure to carry oil and gas products across Europe and to boost the nation's economy.

  • ConocoPhillips stated in November 2021 that it would invest USD 1.46 billion to develop the gas and condensate discovery, Tommeliten, in Norway. The company's investment plan will enable it to create reserves by installing equipment on the seabed that is connected to its current infrastructure facility at Conoco's Ekofisk field.
  • ExpressFiber, a single-user fiber optic connection from Halliburton, was introduced in July 2021. It offers precise, direct subsurface readings and cross-well connectivity, enabling fracture monitoring systems on each well pad.

Market Opportunities and Challenges

Opportunities: The market penetration will be accelerated by the ongoing use of unconventional oil and gas resources, such as tight gas and shale oil, in conjunction with cutting-edge technical systems to enhance the rate of energy-efficient oil and gas production. Furthermore, the industry landscape will be pushed by rising investment to increase crude oil output and skyrocketing demand for light distillates. The industry outlook will also be positively impacted by growing concern over energy transition and decarbonization, as well as by encouraging investment in infrastructure for renewable energy sources and looking into the potential of technology for carbon capture and storage.

Challenges: Another factor impeding the market is the high cost of oil and gas pipelines. The government and consumer spending are negatively impacted by significant drops and rises in oil prices, therefore market volatility is probably going to be harmful. On the other hand, countries that import most of their oil, like China and India, have seen a rise in inflation, a current account deficit, and a fiscal deficit as a result of the notable increase in oil prices.

Europe Oil and Gas Infrastructure Market


Market Competitive Landscape
The Oil and Gas Infrastructure Market is Europe is moderately consolidated. Some of the market key players are Halliburton, Hatch Ltd, BP P.l.c., Conocophillips Company, TotalEnergies, Chevron Corporation, Baker Hughes Company, Exxon Mobil Corporation, Shell, Royal Vopak, SLB.

Scope of the Report:
 Report Metric Details
 Market size available for years 2020-2033
 Base year considered 2023
 Forecast period 2024-2033
 Segments coveredBy Category
 Regions covered
France, Germany, Italy, Spain, United Kingdom, Rest of Europe
 Companies CoveredHalliburton, Hatch Ltd, BP P.l.c., Conocophillips Company, TotalEnergies, Chevron Corporation, Baker Hughes Company, Exxon Mobil Corporation, Shell, Royal Vopak, SLB.
COVID-19 Impact on Europe Oil and Gas Infrastructure Market
The Covid-19 pandemic has significantly damaged the oil and gas sector, particularly its infrastructure developments. The whole value chain of oil and gas, from production and exploration to transportation and refining, has been disrupted by the pandemic. Project delays have been one of the pandemic's main effects on the market for oil and gas infrastructure. Many regions of the world saw lockdowns and travel restrictions as a result of the pandemic, which hampered supply chains and delayed the completion of ongoing projects. In addition, as a result of less travel and industrial activity, there is a lower demand for oil and gas, which has diminished exploration and production and, consequently, the need for new infrastructure. 

Key Target Audience
  • Oil and Gas Companies
  • Infrastructure Development Firms
  • Government Agencies and Regulatory Bodies
  • Investment Firms and Financial Institutions
  • Equipment Manufacturers and Suppliers
  • Engineering and Construction Companies
  • Research and Development Organizations
  • Consulting Firms
Our in-depth analysis of the Europe Oil and Gas Infrastructure Market includes the following segments:
By Category:
  • Surface and Lease Equipment
  • Gathering & Processing
  • Oil, Gas & NGL Pipeline
  • Oil & Gas Storage
  • Refining & Oil Products Transport
  • Export Terminals
  • Key Topics Covered in the Report
    • Europe Oil and Gas Infrastructure Market Size (FY’2024-FY’2033)
    • Overview of Europe Oil and Gas Infrastructure Market
    • Segmentation of Europe Oil and Gas Infrastructure Market By Category (Surface and Lease Equipment, Gathering & Processing, Oil, Gas & NGL Pipelines, Oil & Gas Storage, Refining & Oil Products Transport, Export Terminals)
    • Expansion Analysis of Europe Oil and Gas Infrastructure Market
    • Problems and Obstacles in Europe Oil and Gas Infrastructure Market
    • Competitive Landscape in the Europe Oil and Gas Infrastructure Market
    • Impact of COVID-19 and Demonetization on Europe Oil and Gas Infrastructure Market
    • Details on Current Investment in Europe Oil and Gas Infrastructure Market
    • Competitive Analysis of Europe Oil and Gas Infrastructure Market
    • Prominent Players in the Europe Oil and Gas Infrastructure Market
    • SWOT Analysis of Europe Oil and Gas Infrastructure Market
    • Europe Oil and Gas Infrastructure Market Future Outlook and Projections (FY’2024-FY’2033)
    • Recommendations from Analyst
    1. Introduction
    1.1. Scope of the report 
    1.2. Market segment analysis

    2. Research Methodology
    2.1. Research data source
    2.1.1. Secondary Data
    2.1.2. Primary Data
    2.1.3. SPER’s internal database
    2.1.4. Premium insight from KOL’s
    2.2. Market size estimation
    2.2.1. Top-down and Bottom-up approach
    2.3. Data triangulation

    3. Executive Summary

    4. Market Dynamics
    4.1. Driver, Restraint, Opportunity and Challenges analysis
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.1.4. Challenges
    4.2. COVID-19 Impacts of the Europe Oil and Gas Infrastructure Market 

    5. Market variable and outlook
    5.1. SWOT Analysis
    5.1.1. Strengths
    5.1.2. Weaknesses
    5.1.3. Opportunities
    5.1.4. Threats
    5.2. PESTEL Analysis
    5.2.1. Political Landscape
    5.2.2. Economic Landscape
    5.2.3. Social Landscape
    5.2.4. Technological Landscape
    5.2.5. Environmental Landscape
    5.2.6. Legal Landscape
    5.3. PORTER’s Five Forces 
    5.3.1. Bargaining power of suppliers
    5.3.2. Bargaining power of buyers
    5.3.3. Threat of Substitute
    5.3.4. Threat of new entrant
    5.3.5. Competitive rivalry
    5.4. Heat Map Analysis

    6. Competitive Landscape
    6.1. Europe Oil and Gas Infrastructure Market Manufacturing Base Distribution, Sales Area, Product Type 
    6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Oil and Gas Infrastructure Market 

    7. Europe Oil and Gas Infrastructure Market, By Category (USD Million) 2020-2033
    7.1. Europe Oil and Gas Infrastructure Market Size, Share and Forecast, By Category, 2020-2026 
    7.2. Europe Oil and Gas Infrastructure Market Size, Share and Forecast, By Category, 2027-2033
    7.3. Surface and Lease Equipment
    7.4.  Gathering & Processing
    7.5.  Oil, Gas & NGL Pipeline
    7.6.  Oil & Gas Storage
    7.7. Refining & Oil Products Transport
    7.8. Export Terminals

    8. Europe Oil and Gas Infrastructure Market Forecast, 2020-2033 (USD Million)
    8.1. Europe Oil and Gas Infrastructure Market Size and Market Share

    9. Europe Oil and Gas Infrastructure Market, By Region, 2020-2033 (USD Million)
    9.1. Europe Oil and Gas Infrastructure Market Size and Market Share By Region (2020-2026)
    9.2. Europe Oil and Gas Infrastructure Market Size and Market Share By Region (2027-2033)
    9.3. France
    9.4. Germany
    9.5. Italy
    9.6. Spain
    9.7. United Kingdom
    9.8. Rest of Europe

    10. Company Profile
    10.1. Halliburton
    10.1.1. Company details
    10.1.2. Financial outlook
    10.1.3. Product summary 
    10.1.4. Recent developments
    10.2. Hatch Ltd
    10.2.1. Company details
    10.2.2. Financial outlook
    10.2.3. Product summary 
    10.2.4. Recent developments
    10.3. BP P.l.c.
    10.3.1. Company details
    10.3.2. Financial outlook
    10.3.3. Product summary 
    10.3.4. Recent developments
    10.4. Conocophillips Company
    10.4.1. Company details
    10.4.2. Financial outlook
    10.4.3. Product summary 
    10.4.4. Recent developments
    10.5. TotalEnergies
    10.5.1. Company details
    10.5.2. Financial outlook
    10.5.3. Product summary 
    10.5.4. Recent developments
    10.6. Chevron Corporation
    10.6.1. Company details
    10.6.2. Financial outlook
    10.6.3. Product summary 
    10.6.4. Recent developments
    10.7. Baker Hughes Company
    10.7.1. Company details
    10.7.2. Financial outlook
    10.7.3. Product summary 
    10.7.4. Recent developments
    10.8. Exxon Mobil Corporation
    10.8.1. Company details
    10.8.2. Financial outlook
    10.8.3. Product summary 
    10.8.4. Recent developments
    10.9. Sysco Corporation
    10.9.1. Company details
    10.9.2. Financial outlook
    10.9.3. Product summary 
    10.9.4. Recent developments
    10.10. Shell
    10.10.1. Company details
    10.10.2. Financial outlook
    10.10.3. Product summary 
    10.10.4. Recent developments
    10.11. Royal Vopak
    10.11.1. Company details
    10.11.2. Financial outlook
    10.11.3. Product summary 
    10.11.4. Recent developments
    10.12. Others 
     
    11. Conclusion

    12. Reference Links

    13. List of Abbreviations

    SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

    The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

    SPER-Methodology-1

    SPER-Methodology-2

    SPER-Methodology-3


    Frequently Asked Questions About This Report
    Europe Oil and Gas Infrastructure Market is projected to reach USD 208.06 billion by 2033, growing at a CAGR of 6.25% during the forecast period.
    Europe Oil and Gas Infrastructure Market grew in Market size from 2022. The Market is expected to reach USD 208.06 billion by 2033, at a CAGR of 6.25% during the forecast period.
    Europe Oil and Gas Infrastructure Market CAGR of 6.25% during the forecast period.
    Europe Oil and Gas Infrastructure Market size is USD 208.06 billion from 2024 to 2033.
    Europe Oil and Gas Infrastructure Market Segment is covered By Category.
    The Europe is anticipated to have the highest Market share in the Europe Oil and Gas Infrastructure Market.
    The key players in the Market include Companies Covered Halliburton, Hatch Ltd, BP P.l.c., Conocophillips Company, TotalEnergies, Chevron Corporation, Baker Hughes Company, Exxon Mobil Corporation, Shell, Royal Vopak, SLB.
    The business scenario will be supported by the region's growing need for gas-based infrastructure as well as by an increase in exploration and production activity.
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