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A new market study, titled “Discover Global Gulf of Mexico Oil and Gas Midstream Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
The global Gulf of Mexico Oil and Gas Midstream Market is on the verge of accumulating steady revenue over the forecast period, according to the latest report on Wise Guy Research (WGR). Prominent drivers and restraints are analyzed in the report which provides readers with an accurate picture of the current scenario. The global economy as well as micro- and macroeconomic indicators that govern the various factors. The historical trajectory of the Gulf of Mexico Oil and Gas Midstream Market is examined to gain an estimate valuation and size of the market till the end of the forecast period. Events, exhibitions, and trade shows are watched carefully for novel innovations and technological breakthroughs enveloping the market.
The Gulf of Mexico Oil and Gas Midstream Market is highly competitive. Multiple companies are focusing on strategic agreements and collaborations to gain competitive edge in the market. Amberjack Pipeline Company LLC is a joint venture between Chevron Pipe Line Company and Shell Pipeline Company LP. Shell Midstream Partners, L.P. entered into a purchase and sale agreement to acquire Shell’s ownership interest in Amberjack Pipeline Company LLC, which is comprised of 75% of Amberjack Series A and 50% of Amberjack Series B for $1.22 billion. American Midstream Partners, LP announced the acquisition of interests in strategic Gulf of Mexico midstream infrastructure and incremental ownership in Delta House for total consideration of approximately $225 million in the year 2016.
The ISO 20815:2008 regulation was reviewed in 2012 and still in process of renewal, it covers upstream, midstream and downstream facilities and activities. It focuses on production assurance of oil and gas production, processing and associated activities and the analysis of reliability and maintenance of the components. The changes in the regulation may be a restraint for the upcoming businesses in Gulf of Mexico for oil and gas midstream.
By midstream sector type
The oil and gas is delivered through transportation, transmission and distribution infrastructure. Larger volumes are transported internationally in tankers or vessels and moved along the coast or through rivers in smaller barges. Land transportation methods include pipelines, truck and rail. Natural gas, is transported in large-diameter, high-pressure-handling pipelines called transmission lines. Storage for crude oil and refined liquids include bulk terminals, refinery tanks and holding tanks to get material into pipelines, or to be shipped on a vessel. Natural gas should be stored in underground reservoirs until it is ready to be transported in market. Market Drivers:
The increasing partnership, merger and acquisition in market for oil and gas midstream have boosted the Gulf of Mexico oil and gas midstream market. The increase in demand for petroleum products in the downstream market is driving the Gulf of Mexico oil and gas midstream market.
Certain industry standards and parameters are considered while taking note of segments and sub-segments. A microscopic view of the market encompasses historical information regarding the Gulf of Mexico Oil and Gas Midstream Market as well as future events which can impact the market growth. The market volume or demand is ascertained keeping in mind the value for the base year. Main regions are kept in mind with specific focus on countries registering the largest demand and growth. Country-specific economic indicators and drivers are detailed in the report with investment opportunities suggested to interested investors. Key insights are written in a tabular format and structured in a easy to read manner.
Leading market players with their profiles are detailed with their current strategies and business models. The subsidiaries and other associated companies are discussed with gusto. Collaborations, agreements, partnerships, mergers, and acquisitions are mentioned with the necessary throughput volume and growth. The processes, annual margins, and other business methodologies followed by these players have been elaborated to elucidate readers on their progress and their current standing in the market.
Growth strategies are prescribed with opinions taken from experts, industry stalwarts, and C-level executives. Government databases are relied as a trustworthy source for cross-checking credible information given in the Gulf of Mexico Oil and Gas Midstream Market report.
Major Key Points of Global Gulf of Mexico Oil and Gas Midstream Market
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