DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Oil & Gas EPC Market - Market Analysis by Geography, by End User (upstream, midstream and downstream), Competitive Landscape, Key Company Information - Growth Trends and Forecasts (2015-2020)" report to their offering.
Oil & Gas EPC (Engineering, Procurement and Construction) Industry activities include, but not limited to: project management, process engineering, procurement of necessary materials, construction, commissioning, start up and maintenance. Increase in Oil & Gas investments and demand along with rapid globalization is driving the EPC activities in this sector.
While the current trends offer many opportunities to the EPC players, on the flipside EPC companies have to address many challenges while executing large scale projects from inflated bidding process to backlogs and lack of skilled labor. Moreover, the entire risk of loss is bared by the contractor which is discouraging entry of small local players into the market.
Like in other Oil & Gas related sectors North America is leading global EPC market with USA being the dominant player in this region because of shale boom and increasing exploration and production activities in Gulf of Mexico. Driven by economies of India and China Asia Pacific has one of the highest growth rate and market share in Oil & Gas EPC. Oil rich Middle East and North Africa also has a significant share geographically.
1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
5. Drivers, Constraints and Opportunites
6. Oil & Gas EPC Industry Value Chain Analysis
7. Oil & Gas EPC Industry Market Analysis, by enduser
8. Oil & Gas EPC Industry Market Analysis, by Geography
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/crkcwr/global_oil_and