The global Pipeline and Process Services Market is expected to grow at a Robust CAGR during the forecasting period of 2023 to 2028.

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Pipeline & process services include several activities during the life cycle of an oil & gas pipeline. These activities include pre-commissioning, where the laid pipeline undergoes several processes to determine its full functionality. Several safety checks are also performed, ensuring no harm to living bodies and the environment through which the pipelines pass.  Pipeline service providers maintain the pipeline to its best shape during its working period, varying from 20 to 25 years. 

LIST OF KEY COMPANIES PROFILED:

·         Bluefin Group (United States)

·         Baker Hughes (United States)

·         Atlus Intervention (Norway)

·         CR Asia Group (Thailand)

·         Eunisell Limited (Nigeria)

·         Alphaden Energy & Oilfield Limited (Nigeria)

·         Cypress Pipeline & Process Services (United States)

·         Halliburton (United States)

·         Chenergy Services Limited (Nigeria)

·         Techfem (Italy)

·         EnerMech (United Kingdom)

·         BGS Energy Services (United States)

·         Hydratight (United Kingdom)

·         IPEC, Pipeline & Process Services (Iran)

·         IKM Group (Norway)

KEY INDUSTRY DEVELOPMENTS:

July 2020 - IKM Group signed a contract from Johan Castberg for Nitrogen-Helium leakage testing and PSV calibration. The company also accepted additional bolt work, hot oil flushing, chemical cleaning, drying, cutting pipes, machining of flanges, and machining pipe wedges, etc.

The global pipeline & process services market report highlights leading regions worldwide to offer a better understanding of the user. Furthermore, the market research report provides insights into the latest industry trends and analyzes technologies deployed rapidly at a global level. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the industry.