Category: Oil and Gas

How Will Nord Stream 2 Drive the European economy?

The Nord Stream 2 project intended for safe and secure supplies of natural gas to the European Union, covering 28 countries has created a lot of geopolitical tensions ever since its inception. The construction of a gas pipeline under the Baltic Sea between Russia and Germany is expected to lower gas transport costs, reduce Europe’s

Saudi Arabia Oil Drilling Market to Grow Due to Technological Advancement until 2026

Surge in demand of automotive are driving the growth of Saudi Arabia Oil Drilling Market, in the forecast period, 2022-2026. According to TechSci report on, “Saudi Arabia Oil Drilling Market By Deployment (Offshore, Onshore) By Service (Contract, Drilling, Logging While Drilling, Measurement While Drilling, Directional Drilling) By Equipment Type (Drilling Equipment, Production Equipment, Pumps &

India to Lead Gas Genset Market at a CAGR of 9.06% By FY2026

Improved techniques with enhanced productivity, growing investments across upstream oil and gas sector, technological advancements and favorable government initiatives to bolster India gas genset market growth through FY2026 According to a report published by TechSci Research on “India Gas Genset Market By Type (Up to 75kVA, 76 kVA-350 kVA, 351kVA-750kVA, >750kVA), By End User (Industrial,

North America to Lead Drill Pipe Market through 2025

Significant oilfield expansions, improving drilling techniques with enhanced productivity, growing investments across upstream sector, technological advancements and favorable government initiatives to bolster global drill pipe market growth through 2025 According to a report published by TechSci Research on “Global Drill Pipe Market By Grade (API Grade and Premium Grade), By Application (Onshore and Offshore), By Region (North America, Asia-Pacific,

Offshore Decommissioning Market is Expected to Grow Substantially Through 2025

Growing demand for oil and focus on mature oil & gas fields are acting as key growth drivers for global offshore decommissioning market. According to TechSci Research report, “Global Offshore Decommissioning Market By Services (Project Management, Planning & Engineering, Permitting Compliance, Regulatory Compliance, Material Disposal, Site Clearance, Platform Preparation and Others), By Structure (Topsides, Subsea Infrastructure and Substructure),

Offshore Crane Market is Likely to Witness a Substantial Growth Through 2025

Increasing subsea construction activities and growing demand for renewable energy are acting as key growth drivers for global offshore crane market. According to TechSci Research report, “Global Offshore Crane Market By Design Type (Knuckle Boom, Telescopic Boom, Lattice Boom and Others), By Application (Oil Rig Cranes, Marine Cranes and Others), By Lifting Capacity (500-3,000mt Lifting Capacity and Above

Screw Compressors Market is Expected to Witness a Substantial Growth Through 2025

Growing demand for energy-efficient compressors and increasing investment in petrochemical sectors are acting as key growth drivers for global screw compressors market. According to TechSci Research report, “Global Screw Compressors Market By Type (Oil-injected Screw Compressors and Oil-Free Screw Compressors), By Stage (Single-Stage and Multi-Stage), By Application (Stationary and Portable), By End-User (Oil & Gas, Chemicals & Petrochemicals,

Offshore AUV & ROV Market is Anticipated to Grow Rapidly Through 2025

Increasing demand from offshore oil & gas sector and offshore wind & renewables market are acting as key growth drivers for global offshore AUV & ROV market. According to TechSci Research report, “Global Offshore AUV & ROV Market By Product Type (AUV v/s ROV), By Propulsion System (Hybrid System, Electric System, Mechanical System, Others), By Depth (Less Than

Integrated Refinery Information System Market is Expected to Witness a Substantial Growth Through 2025

Increasing oil & gas production and need to reduce the cost of refining are acting as key growth drivers for global integrated refinery information system market. According to TechSci Research report, “Global Integrated Refinery Information System Market By Type (P&ID, Electrical, Civil & Mechanical), By Application (Enterprise Asset Management, HSE Management, Instrument Management, Laboratory Information Management, Document Management),

Hazard Control System Market is Expected to Witness a Rapid Growth Through 2025

Stringent occupational safety requirements, especially on construction sites is acting as a key growth driver for global hazard control system market. According to TechSci Research report, “Global Hazard Control System Market By Protection Type (Fireproof/Explosion Proof, Intrinsic Safety & Others), By Type (Motors, Servo Valves, Sensors and Actuators, Drives & Others), By End Use (Oil & Gas, Metal