Top 6 Vendors in the Global Oil and Gas Storage Market from 2017-2021: Technavio

June 6, 2017

#Energy--Technavio has announced the top six leading vendors in their recent global oil and gas storage market report until 2021. This research report also lists 13 other prominent vendors that are expected to impact the market during the forecast period.

The research study by Technavio on the global oil and gas storage market for 2017-2021 provides a detailed industry analysis based on the product type (oil storage and natural gas storage), storage type (underground storage and above ground storage), and geography (the Americas, APAC, and EMEA).

“The global oil and gas storage market is projected to grow to nearly 2 billion ton of oil equivalent by 2021, at a CAGR of close to 3% over the forecast period. The increasing preference for natural gas in power generation is one of the key factors driving the growth of the market,” says Thanikachalam Chandrasekaran, a lead analyst at Technavio for oil and gas research.

Competitive vendor landscape

The oil and gas storage market is dominated by major national oil companies and large private companies. Various companies have storage capacity at strategic locations across the globe, to provide quality service to all customers. The market is moderately consolidated with high barriers to entry, due to the high capital and operational costs. The new exploration opportunities coming up in Brazil, India, Mozambique and Tanzania are expected to facilitate the expansion of oil and gas storage facilities.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Top six vendors in the global oil and gas storage market

Amec Foster Wheeler

Amec Foster Wheeler operates in the oil and gas, chemicals, mining, power, and environment and infrastructure industries globally. It provides valuable services in consultancy, engineering, project management, operations and construction services, project delivery, and specialized power equipment services to its customers worldwide.

Magellan Midstream Partners

Magellan Midstream Partners is a publicly traded company and provides services in oil pipelines, storage, and transportation. The company operates through the crude oil and condensate, refined products, and marine storage business segments.

Royal Vopak

Royal Vopak is an oil and gas storage provider. Royal Vopak provides bulk storage and handling services for liquid products, including crude oil, petroleum products, chemicals, biofuels and vegetable oils, gas, and LNG at its terminals located across the globe.

TechnipFMC

TechnipFMC operates through four segments: Oil and gas projects, technologies, systems, and services. It provides engineering, procurement, and construction, project management, commissioning expertise across the subsea, onshore/offshore, and surface segments of oil and gas industry.

Vitol

Vitol is a privately-owned company and provides services in the refining, trading, shipping, terminals and storage, downstream, power generation, and upstream (E&P) petroleum industry segments. It has storage terminals worldwide and provides oil and gas storage to its customers.

WorleyParsons

WorleyParsons provides engineering, procurements and construction, project delivery, and consulting services to its customers globally. It carries out its business through three business segments: infrastructure, hydrocarbons and minerals, and metals and chemicals.

Browse Related Reports:
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like power, energy storage, smart grid. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.

If you are interested in more information, please contact our media team at [email protected].

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
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LONDON–(BUSINESS WIRE)–#Energy—Technavio
has announced the top six leading vendors in their recent global
oil and gas storage market report until 2021. This
research report also lists 13 other prominent vendors that are expected
to impact the market during the forecast period.

The research study by Technavio on the global
oil and gas storage market for 2017-2021 provides a detailed
industry analysis based on the product type (oil storage and natural gas
storage), storage type (underground storage and above ground storage),
and geography (the Americas, APAC, and EMEA).

“The global oil and gas storage market is projected to grow to
nearly 2 billion ton of oil equivalent by 2021, at a CAGR of close to 3%
over the forecast period. The increasing preference for natural gas in
power generation is one of the key factors driving the growth of the
market,” says Thanikachalam Chandrasekaran, a lead analyst at
Technavio for oil
and gas research.

Competitive vendor landscape

The oil and gas storage market is dominated by major national oil
companies and large private companies. Various companies have storage
capacity at strategic locations across the globe, to provide quality
service to all customers. The market is moderately consolidated with
high barriers to entry, due to the high capital and operational costs.
The new exploration opportunities coming up in Brazil, India, Mozambique
and Tanzania are expected to facilitate the expansion of oil and gas
storage facilities.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2
Technavio reports and get the third for free.

Top six vendors in the global oil and gas storage market

Amec Foster Wheeler

Amec Foster Wheeler operates in the oil and gas, chemicals, mining,
power, and environment and infrastructure industries globally. It
provides valuable services in consultancy, engineering, project
management, operations and construction services, project delivery, and
specialized power equipment services to its customers worldwide.

Magellan Midstream Partners

Magellan Midstream Partners is a publicly traded company and provides
services in oil pipelines, storage, and transportation. The company
operates through the crude oil and condensate, refined products, and
marine storage business segments.

Royal Vopak

Royal Vopak is an oil and gas storage provider. Royal Vopak provides
bulk storage and handling services for liquid products, including crude
oil, petroleum products, chemicals, biofuels and vegetable oils, gas,
and LNG at its terminals located across the globe.

TechnipFMC

TechnipFMC operates through four segments: Oil and gas projects,
technologies, systems, and services. It provides engineering,
procurement, and construction, project management, commissioning
expertise across the subsea, onshore/offshore, and surface segments of
oil and gas industry.

Vitol

Vitol is a privately-owned company and provides services in the
refining, trading, shipping, terminals and storage, downstream, power
generation, and upstream (E&P) petroleum industry segments. It has
storage terminals worldwide and provides oil and gas storage to its
customers.

WorleyParsons

WorleyParsons provides engineering, procurements and construction,
project delivery, and consulting services to its customers globally. It
carries out its business through three business segments:
infrastructure, hydrocarbons and minerals, and metals and chemicals.

Browse Related Reports:

Become a Technavio
Insights member and access all three of these reports for a
fraction of their original cost. As a Technavio Insights member, you
will have immediate access to new reports as they’re published in
addition to all 6,000+ existing reports covering segments like power,
energy
storage, smart
grid. This subscription nets you thousands in savings, while
staying connected to Technavio’s constant transforming research library,
helping you make informed business decisions more efficiently.

About Technavio

Technavio
is leading global technology research and advisory company. The company
develops over 2000 pieces of research every year, covering more than 500
technologies across 80 countries. Technavio has about 300 analysts
globally who specialize in customized consulting and business research
assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
resellers, and end-users.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 630 333 9501
UK: +44 208 123 1770
www.technavio.com