The global crude oil pipeline market is forecast to reach 537.8 thousand miles of total length, during the period 2016-2020.
According to the report, in the present era of fossil fuels, the oil reserves are facing a threat of depletion. This has not only inflated the costs of hydrocarbon acquisition but also displaced the operations geographically. The major hydrocarbon-rich regions around the world were identified in the early 20th century, and most operations were based out of these areas for the next century or so.
However, things have started to change significantly now, and the exploration and production (E&P) companies have started to look at unconventional avenues for exploration. In reference to the current global crude oil pipeline market, the advent of this particular trend is expected to be a key driver that is critical for the development and propagation of the market dynamics in the future.
Further, the report states that for any industry that relies on the presence of physical infrastructure for monetizing the products, safety is of prime importance. One of the reasons that make the crude oil pipelines particularly vulnerable is the presence of thousands of miles of unattended infrastructure combined with the high value associated with them. This makes them a particular target for a multitude of sabotage and terrorist activities. The security aspects of crude oil pipelines pose a significant challenge to the pipeline operators and other stakeholders.
- What are the key market trends?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the strengths and weaknesses of the key vendors?
- GE Oil & Gas
- Kinder Morgan
- Bharat Petroleum
- Caspian Pipeline Consortium
- China National Petroleum
- Inter Pipeline
- Saudi Aramco
- Valero Energy
- Aker Solutions
- Daewoo Engineering & Construct
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by pipeline types
PART 07: Geographical segmentation
PART 08: Market drivers
PART 01: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 02: Vendor landscape
PART 12: Key vendor analysis
PART 13: Appendix
PART 14: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/hrdw3v/global_crude_oil
For more information about this topic, please visit the Research and Markets Blog section on Oil.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-crude-oil-pipelines-market-analysis---trends-technologies--opportunities-report-2016-2020---key-vendors-technip-cairn-sunoco-300337962.html
SOURCE Research and Markets