Integrated engineering, procurement, construction and installation (iEPCI™) contract was awarded to TechnipFMC (NYSE: FTI) (PARIS: FTI) by BP. This contract was awarded for the Thunder Horse South Expansion 2 Project, situated in the Gulf of Mexico. Such innovative projects are anticipated to bode well for the global oil and gas Engineering Procurement, construction or EPC market predicts Fortune Business Insights in their recent study.
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The report highlights significant players operating in the global oil and gas EPC market. Some of these players include:
- JGC Corporation
- Mott Macdonald
- Larsen & Toubro
- Aker and OIEC
- Dodsal Group
The report on oil and gas EPC market is titled, “Oil & Gas EPC Market Size, Share and Global Trend By Sector (Upstream, Mid-stream, Downstream), By Location (Onshore, Offshore), and Geography Forecast till 2027.” The report provides a comprehensive overview of the global market with major emphasis on growth drivers, restraints, trends and opportunities. It also lists the names of companies functioning in the oil and gas EPC market. Information provided in the report is extracted from primary and secondary research methods and is trustworthy. The report is available for sale on the Fortune Business Insights’ website.
According to the report, the global oil and gas EPC market is categorized on the basis of sector, location, and geography. In terms of location the market is further bifurcated into offshore and onshore. Based on sector, the market is classified into downstream, midstream, and upstream.
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Key Market Driver – Increase in demand for oil and natural gas
Key Market Restraint – Volatile crude oil prices
Key Segmental Overview:
1. By Sector
2. By Location
3. By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)
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Major Table of Content For Oil & Gas EPC Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Oil & Gas EPC Market Analysis, Insights and Forecast, 2027
- North America Oil & Gas EPC Market Analysis, Insights and Forecast, 2027
- Europe Oil & Gas EPC Market Analysis, Insights and Forecast, 2027
- Asia Pacific Oil & Gas EPC Market Analysis, Insights and Forecast, 2027
- The Middle East and Africa Oil & Gas EPC Market Analysis, Insights and Forecast, 2027
- Latin America Oil & Gas EPC Market Analysis, Insights and Forecast, 2027
- Competitive Landscape
- Company Profile
An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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