Monthly Oil & Gas Industry Contracts Review: Oil & Gas Market Contracts Global Monthly OverviewMonthly Oil & Gas Industry Contracts Review: Oil & Gas Market Contracts Global Monthly Overview

Rising global demand for energy drives the global oil and gas markets

Mumbai, India - June, 2014 - The changing demographics of the world population has been accelerating the global demand for oil and gas, in order to sustain the increasing energy requirements, spurred by a substantial increase in the global population as well as enhanced energy requirements of modern appliances. Oil and gas industry analysis asserts that in the next twenty years, the demand for natural gas would increase by 60%. Consequently, all three categories of the oil and gas industry: the upstream, midstream and downstream markets have seen an influx in deal activity all through 2013.

This report: Monthly Oil & Gas Industry Contracts Review: Oil & Gas Market Contracts Global Monthly Overview discusses in detail the performance of the different segments of the market through 2013. The report highlights the key players in each of the market segment and analyzes the deals and partnerships that drove the market in the last year.

Upstream market overview

The upstream category of the market deals with exploration and development. Though the expenditure of this sector rose by USD 18 billion in 2013, the upstream market witnessed 1028 transactions in 2013 which was a 21% drop from that in 2012. While 2013 recorded a transaction value of USD 237 billion, the transaction value in 2012 was USD 286 billion which indicates a deceleration in the market. Between June 2012 and May 2013, Petrofac alone was awarded projects worth USD 7.15 billion - one of the largest deals during this period.

Midstream market overview

In the midstream segment, there were 90 deals announced in 2013 - a 14% decrease in deal activity as compared to that of previous years. However, it was found out that the valuation of the deals rose to USD 71 billion in 2013, marking an increase of nearly 17% over 2012. Canada and US are the key players in this market according to oil and gas industry statistics and together they comprise over 70% of the midstream deals. Out of the several deals made in 2013, Spectra Energy Partner LP's contract with Spectra Energy Corporation involving storage and US gas transmission assets, is one of the most significant deals worth USD 11124 million.

Downstream market overview

The downstream sector of the industry witnessed a decrease in deal activity, with sharp 45% drop in the number of deals as compared to the year 2012. Only 109 deals materialized in 2013. Though this market witnessed slow growth in most parts of the world, US and Europe are the two significant regions which dominate downstream activity. Inspite of the slow progress of this segment, a significant deal was valued at USD 1971 million materialized between Energeticky and Slovensky Plynarensky Priemysel, which made waves throughout the industry.

For further insights,

Visit: http://www.researchonglobalmarkets.com/monthly-oil-gas-industry-contracts-review-oil-gas-market-contracts-global-monthly-overview.html

About Research on Global Markets

Research on Global Markets is a leading source for market research on various sectors globally, offering premium research content from worldwide publishers of market research reports. Our database hosts premium market research content developed by global publishers. It offers premium industry research reports, company profiles and country briefs. We have a dedicated team of research professionals who can facilitate, in an unbiased manner, the process of identifying appropriate market research reports that are targeted to fulfill all your information-related requirements.

For more details on the content of each report and ordering information please contact:

Email: customerservice@researchonglobalmarkets.com

US: +1 800 986 6819

UK: +44 203 514 2363

India: +91 22 4098 7600

SOURCE: Researchonglobalmarkets.com

Blog: blog.researchonglobalmarkets.com

by Angel Fadrik
References and Bibliography
Research On Global Markets is a leading source for market research on various sectors globally, offering premium research content from worldwide publishers of market research reports.
Rated:NR/0 Votes
1 Views
Add To My Article Reading List
Add To My Article Reading List
Print Article
Print
More Article By Angel Fadrik
More Article by Angel Fadrik
Share
More Articles From Investing
More Articles From Investing
Related Articles and Readings
Industry Analysis Section of Your business plan By: Lance Winslow
Writing a Business Plan for your next entrepreneurial endeavor is crucial. You will need sufficient capital and a guide to keep you on track. One important part of any business plan is to size up the Industry and attempt to figure out your pecking order and specialty niches for your ...
LED lamps used in the automotive industry market analysis By: Goodscool
In 1990, HP, Toshiba developed GaAsP / GaAs red, yellow, ultra-high brightness LED (1000mcd), 1993, 1995, Nichia Chemical Company in Japan developed InGaN blue, green and white high brightness (1000mcd) in the light-emitting diodes, ...
What To Make Of It A Guide To The Analysis Of Your Web Log By: Heather Maloney
Every time someone visits your website the web server starts tracking the activities of that visitor in what is called the 'web log'. If understood, the web log can provide valuable information about the popularity and reach of your website, and much more, as we will ...
Electric Pressure Cooker Industry Development Status and Prospect of the Industry Analysis By: Lanbo Jiang
Electric pressure cooker is an electric heating through the temperature control, control pressure produce a certain pressure for fast cooking of sealed food warmer The product is a traditional kitchen pot, stewing, simmered to cook can be a ...
Why Every Website Needs A Usability Analysis By: JM Davis
There are technically thousands of websites on the Internet, that either provide services or products. And I'm sure that if you are reading this you are one of them. You may be asking yourself, how do I get more visitors to come to my website and after that ...
The information provided in this article and/or the comments is the sole responsibility of their respective authors and does not necessarily reflect the opinion of ezinepost.com. ezinepost.com  does not endorse any article and/or comments published by our web users unless otherwise noted. 

Member Panel

login to submit articles and more

StatisticsEZINEPOST.COM

  • » Active Categories: 419
  • » Active Articles:252470
  • » Active Authors:32056
  • » Active Members: 38202
  • » Statistics Updated:
    - Wed Jan 15th, 2020 03:31PM EST