Oil & Gas Infrastructure Market

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Oil Gas Infrastructure Market Trends Research
Projections For 2022- 2030
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Industry Overview

• Over the recent years, several oil gas
  infrastructure market contenders have been
  depicting a keen interest in the adoption of
  various initiatives such as mergers,
  acquisitions, partnerships, and product
  developments to strengthen their industry
  foothold. In addition, many companies are
  engaging in research activities for gaining a
  deeper understanding of various production
  processes.
• TotalEnergies, Baker Hughes, Centrica plc, Exxon
  Mobil Corporation, ConocoPhillips Company,
  Occidental Petroleum Corporation, WILLIAMS,
  Shell, Enterprise Products Partners L., Kinder
  Morgan, Schlumberger Limited, and others are some
  of the major players in the oil gas
  infrastructure market.
• As per the latest research conducted by Global
  Market Insights Inc., the global industry size is
  expected to depict appreciable growth through
  2030.
• The European Union lately announced its plans for
  redrawing the energy map of the region for easing
  heavy reliance on natural gas from Russia.
• The Unions TEN-E rules define which
  cross-border energy projects would be eligible
  for the receipt of certain fast-tracked permits
  as well as EU funding.

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• The North America market is expected to record
  lucrative growth over 2022-2030. The rise can be
  credited to an increase in the formulation of
  numerous plans by various government bodies and
  the increasing participation by oil and gas
  infrastructure companies.
• An instance of the same is the USD 1 trillion
  bipartisan infrastructure plan in the U.S. Of the
  allotted amount, nearly USD 33 million would go
  toward cleaning up 277 of the 15,000 abandoned
  gas and oil wells. The States further indicated
  that an amount of over USD 8 billion would be
  required for cleaning 130,000 additional orphaned
  wells.
• Considering the industry landscape in other
  regions, the Latin America oil gas
  infrastructure market share is anticipated to
  exceed USD 125 billion until 2030.
• The forthcoming years are slated to register an
  escalating development of the refineries,
  overhaul, renovation, replacement, and the
  improvement of pipeline networks across the
  globe.
• Considering the industry landscape in other
  regions, the Latin America oil gas
  infrastructure market share is anticipated to
  exceed USD 125 billion until 2030.

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Oil Gas Infrastructure Market

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