Market Dynamics:
  • Growing Natural Gas Consumption
  • Rising investment levels
  • Political instability across Middle East and APAC
  • Increasing pipeline construction activities in order to cater growing energy requirement
  • Emergence of artificial intelligence in pipeline maintenance and services

Recent Initiative:
In December 2019, KKR, a leading global investment firm announced the signing of a definitive agreement to acquire, alongside Alberta Investment Management Corporation (AIMCo), a 65 percent equity interest in the Coastal GasLink Pipeline Project (Coastal GasLink or the Project) from TC Energy Corporation.
Marathon Petroleum Corporation and Andeavor Logistics signed a definitive merger agreement, under which the former acquired the latter for $23bn in 2019. The transaction has been approved by the board of directors of both the companies and is pending regulatory approvals. The transaction is expected to create a diversified midstream company and expand Marathon Petroleum’s position in the Marcellus shale and Permian basin.

Market Segmentation 2020-2030:
Pipeline & Process Services Market is segmented on the Asset Type, Operation, and Regional basis.

Asset Type
  • Pipeline
  • Transmission
  • Distribution

  • FPS
  • Refinery & Petrochemical
  • Gas Storage

  • Pre-commissioning & Commissioning
  • Maintenance
  • Decommissioning

Regional Breakdown
Focused regional forecasts and analysis explore the future opportunities:

North America
  • U.S.
  • Canada

  • UK
  • France
  • Germany
  • Rest of Europe

  • China
  • Japan
  • India
  • Rest of Asia Pacific

Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

Middle East
  • UAE
  • Saudi Arabia
  • Iran
  • Rest of Middle East

  • Nigeria
  • Algeria
  • Rest of Africa