LONDON, March 9, 2020 /PRNewswire/ -- Value Forecasts by Asset Type (Pipeline (Transmission, Distribution), Process (FPS, Refinery & Petrochemical, Gas Storage)), by Operation (Pre-commissioning & Commissioning, Maintenance, Decommissioning) Plus Financial Analysis of Leading Companies and Leading National Market Analysis
• 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
• 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.
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Market Segmentation 2020-2030:
Pipeline & Process Services Market is segmented on the Asset Type, Operation, and Regional basis.
• Refinery & Petrochemical
• Gas Storage
• Pre-commissioning & Commissioning
Focused regional forecasts and analysis explore the future opportunities:
• North America
• Rest of Europe
• Rest of Asia Pacific
• Latin America
• Rest of Latin America
• Middle East
• Saudi Arabia
• Rest of Middle East
• Rest of Africa
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Companies covered in the report include:
Anabeeb Arabian Pipeline & Services Co. Ltd
Baker Hughes Inc.
Clock Spring LP
Gateway Pipeline LLC
Larsen & Toubro Limited
ROSEN Saudi Arabia Co. Ltd.
Saudi Arabian Oil Co.
Snelson Companies Inc.
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