Global GULF OF MEXICO OIL AND GAS MIDSTREAM Market Research Report 2019-2026
Summary - A new market study, titled “GULF OF MEXICO OIL AND GAS MIDSTREAM MARKET - 2019-2026 ” has been featured on WiseGuyReports.
The midstream sector in oil
and gas industry includes transportation (by pipeline, rail, barge, oil tanker
or truck), storage, and wholesale marketing of crude or refined petroleum
products. Pipelines and other transport systems are used to move crude oil from
production sites to refineries and deliver the various refined products to
downstream distributors.
The midstream sector also includes natural gas
processing plants that purify raw natural gas as well as removing and producing
elemental sulfur and natural gas liquids (NGL) as finished end-products.
Gulf of Mexico oil and gas midstream market is
expected to grow at a CAGR of XX% to reach market value of USD XXXX million by
2025.
ALSO READ: http://www.digitaljournal.com/pr/4795586
ISO 20815:2008 covers upstream, midstream and downstream
facilities and activities. ISO 20815:2008 focuses on production assurance of
oil and gas production, processing and associated activities and the analysis
of reliability and maintenance of the components. It has introduced the concept
of production assurance within the systems and operations associated with
exploration drilling, exploitation, processing, and transport of petroleum,
petrochemical and natural gas resources.
Market Drivers:
The increasing partnership, merger and acquisition activities in market for oil
and gas midstream have boosted the Gulf of Mexico oil and gas midstream market.
The increase in demand for petroleum products in the downstream market is
driving the Gulf of Mexico oil and gas midstream market in recent years.
Market Restraints:
The ISO 20815:2008 regulation was reviewed in 2012 and still in process of
renewal, thus the changes in regulations may be a restraint for the upcoming
businesses in Gulf of Mexico oil and gas midstream market.
Market Segmentation
By midstream sector type
The oil and gas is delivered through transportation, transmission and
distribution infrastructure. Larger volumes are transported internationally in
tankers or vessels and moved along the coast or through rivers in smaller
barges. Land transportation methods include pipelines, truck and rail. Natural
gas, is transported in large-diameter, high-pressure-handling pipelines called
transmission lines.
Storage for crude oil and refined liquids include bulk terminals, refinery tanks
and holding tanks to get material into pipelines, or to be shipped on a vessel.
Natural gas should be stored in underground reservoirs until it is ready to be
transported in market.
Region Analysis
The Gulf of Mexico will be investing for the new infrastructure of oil and gas,
USD 791 billion from 2018 to 2035, averaging USD 44 billion per year. Which is
split between investment in equipment that supports production from onshore
wells and development of offshore platforms located in the Gulf of Mexico.
Competitive landscape
Companies are undergoing partnerships and M&A to be more competitive in the
market.
Amberjack Pipeline Company LLC is a joint venture between Chevron Pipe Line
Company and Shell Pipeline Company LP. Shell Midstream Partners, L.P. entered
into a purchase and sale agreement to acquire Shell's ownership interest in
Amberjack Pipeline Company LLC, which is comprised of 75% of Amberjack Series A
and 50% of Amberjack Series B for USD 1.22 billion.
American Midstream Partners, LP announced the acquisition of interests in
strategic Gulf of Mexico midstream infrastructure and incremental ownership in
Delta House for total consideration of approximately USD 225 million in the
year 2016.
Key market segments covered
BY MIDSTREAM SECTOR TYPE
• Transportation
• Storage
Why purchase the report?
• Visualize the composition of the oil and gas midstream market across each
indication, in terms of by midstream sector type highlighting the key
commercial assets and players.
• Identify commercial opportunities in oil and gas midstream market by
analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the oil and gas midstream
market – level 4/5 segmentation
• PDF report with the most relevant analysis cogently put together after
exhaustive qualitative interviews and in-depth market study
• Product mapping in excel for the oil and gas midstream products of all major
market players
Target Audience
• Raw Material Suppliers/ Buyers
• Product Suppliers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturer
FOR MORE
DETAILS: https://www.wiseguyreports.com/reports/5612605-gulf-of-mexico-oil-and-gas-midstream-market-2019-2026
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