• Pipeline & Process Services Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2028

    The global pipeline and process services market size was USD 3.30 billion in 2020 and is anticipated to grow from USD 3.39 billion in 2021 to USD 4.90 billion in 2028 at a CAGR of 5.4% during the 2021-2028 period. The impact of COVID-19 has been unparalleled and staggering, with pipeline construction activities witnessing a negative demand across all regions during the pandemic.

    Get More Info: https://www.fortunebusinessinsights.com/pipeline-and-process-services-market-105466

    The rising demand for crude oil & natural gas, especially from Asia Pacific, and the increasing need for safe, economical, and reliable connectivity drive the growth of the pipeline & process services market.

    Market Scope & Segmentation:
    Pipeline & Process Services provide a wide range of pre-commissioning & commissioning, maintenance and decommissioning services to the pipeline and process plants construction, commissioning and maintenance industries, both offshore and onshore.
    Pipeline & Process Services provide operators the capability to initiate, sustain and increase production by increasing the production and transportation capacity of infield hydrocarbon flowlines, process plant and export pipelines.

    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.
    • September 2020 – EnerMech was awarded a contract in the Southern North Sea for a period of 12 months. EnerMech has committed to deliver various pipeline and process specialist services like nitrogen, bolting and flange management, removal of all resources used in the project, and pipework removal. The company will contribute significantly to the setting up of new pipelines, and assist in controlled bolting and leak testing.
    Pipeline & Process Services Market Size, Share, Trend, Forecast, & Industry Analysis – 2021-2028 The global pipeline and process services market size was USD 3.30 billion in 2020 and is anticipated to grow from USD 3.39 billion in 2021 to USD 4.90 billion in 2028 at a CAGR of 5.4% during the 2021-2028 period. The impact of COVID-19 has been unparalleled and staggering, with pipeline construction activities witnessing a negative demand across all regions during the pandemic. Get More Info: https://www.fortunebusinessinsights.com/pipeline-and-process-services-market-105466 The rising demand for crude oil & natural gas, especially from Asia Pacific, and the increasing need for safe, economical, and reliable connectivity drive the growth of the pipeline & process services market. Market Scope & Segmentation: Pipeline & Process Services provide a wide range of pre-commissioning & commissioning, maintenance and decommissioning services to the pipeline and process plants construction, commissioning and maintenance industries, both offshore and onshore. Pipeline & Process Services provide operators the capability to initiate, sustain and increase production by increasing the production and transportation capacity of infield hydrocarbon flowlines, process plant and export pipelines. 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. • September 2020 – EnerMech was awarded a contract in the Southern North Sea for a period of 12 months. EnerMech has committed to deliver various pipeline and process specialist services like nitrogen, bolting and flange management, removal of all resources used in the project, and pipework removal. The company will contribute significantly to the setting up of new pipelines, and assist in controlled bolting and leak testing.
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