Aug 1, 2018   SOURCE: BusinessWire

Global Oil and Gas Asset Integrity Management Services Market Analysis, Growth, Trends & Forecasts 2018-2023 - ResearchAndMarkets.com

The "Global Oil and Gas Asset Integrity Management Services Market - Growth Trends and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Asset integrity management (AIM) services in the oil & gas industry include performance forecasting of equipment used in the upstream, midstream, and downstream sectors, by using reliability, ability, and maintainability (RAM), risk-based inspection (RBI), and reliability centered maintenance (RCM) analytics for regular inspection and measurement.

The global oil and gas supply is expected to fall behind global demand by 2020, if new oil & gas upstream projects are not initiated. The situation is expected to give rise to either of the two scenarios, or the mixture of these two scenarios. In the first scenario, with anticipation of such situation, the majority of operating companies take the risk of investing in new projects, even as low oil prices sustain; however, until the prices rise, the companies delay the production to prevent oversupply.

India accounts for about 6% of the global oil refining throughput, and 4.5% global oil consumption. During 2014-16, India's oil consumption registered a CAGR of 8%. To meet this demand, the refining throughput also registered a substantial CAGR of about 5% during the same period. The oil consumption of the country is expected to retain this growth trend, due to growth in industrialization, growing population, urbanization, and increasing per capita income.

Companies Mentioned

  • Aker Solutions ASA
  • Bureau Veritas S A
  • Genesis Oil & Gas Consultants Limited
  • Intertek Group PLC
  • Oceaneering International INC
  • Fluor Corporation
  • TechnipFMC
  • Applus RTD Group
  • ABS Consulting INC
  • EM&I LTD
  • Meridium INC
  • WorleyParson Limited

Key Topics Covered:

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Porters Five Forces Analysis

7. Global Oil & Gas Asset Integrity Management Services Market Analysis, by Application

8. Global Oil & Gas Asset Integrity Services Market Analysis, by Sector Type

9. Global Oil & Gas Asset Integrity Management Services Market Analysis, by Geography

10. Key Company Analysis

11. Competitive Landscape

12. Appendix

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