Current Business Affairs Global Oil and Gas Logistics Market 2018

Oil and Gas Logistics Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast To 2025
Market Definition:
Oil and Gas logistics refers to the transportation of drilling equipment, extracted crude oil and natural gas and
transportation of refined products from one place to another. Petroleum logistics covers entire phases from upstream to
downstream. Oil and gas logistics synchronizes with all kinds of equipment from multiple origins to the areas that are
difficult to access with the continual concern for manpower and environment.
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Market Growth and Analysis:
The raising offshore oil and gas exploration and production activities is one of the primary growth drivers for this
market. Exploration and production (E&P) activity is an upstream process in the oil and gas industry, and includes
procedures such as locating oil rigs, searching for oil and petrochemical products, underwater drilling for natural gas and
crude oil fields, and operating subsea vessels. Mounting production activities in APAC have boosted the necessity for
outsourced logistics, leading to the entry of several new players in the market. The competition in this market is
dependent on the basis of price, delivery speed, reliability, and supply chain capacity. Moreover, the improvements in
logistics processes through the incorporation of IT will help vendors increase efficiency and effectiveness during the
forecast years.
The exploration of several new shale oil fields and subsequent increase in the E&P expenditure of oil and gas production
companies will result in a robust demand for logistics services. Besides transporting offshore minerals and energy
resources, the marine sea vessels also perform marine logistics services, while the increase in number of offshore oil rigs
will also augment the growth prospects for this market.
Market Segment:
The global oil and gas logistics market can be segmented on the basis of type and region. On the basis of transportation
type, the global oil and gas logistics market can be segmented into pipeline, railroads and tanker & trucks. On the basis
of region, the global oil and gas logistics market can be segmented into North America, Europe, Middle East & Africa,
Asia-Pacific, and Latin America.
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Market Key players:
Some of the key players in the Global Oil and Gas Logistics Market include A. Hartrodt GmbH, Agility Project Logistics
Inc., BDP International, Bollore Africa Logistics Ltd., Crown Logistics, DB Schenker, Gulf Agency Company Ltd., Kuehne +
Nagel Company, Neovia Logistics, SDV International Logistics and SGS Logistics.