The global FLNG market to be worth $9.5bn

Floating Liquefied Natural Gas (FLNG) is composed of two segments: Floating Storage and Regasification Units (FSRUs) and LNG Floating Production Storage and Offloading Vessels (LNG FPSOs). The second segment is often referred to as the production side of the FLNG market.

Traditionally, LNG facilities have been built onshore, but this has become increasingly expensive in recent years, leading to the development of more cost effective solutions. Since 2005, Excelerate Energy, Golar LNG and Höegh LNG have taken ownership of FSRUs, and there are currently units operational in Europe, North America, South America, South East Asia and the Middle East. The introduction of further FSRUs will continue throughout the world, but particularly in areas where there are, at present, major gas shortfalls (e.g. India, Pakistan and Bangladesh). Strong, consistent CAPEX is expected throughout.

Floating liquefaction has been proposed as an economical solution to monetising stranded and associated gas, as well as a solution for the processing and liquefaction of onshore natural gas supplies. The latter proposal has arisen in answer to escalating onshore liquefaction costs and environmental, land use and royalty issues faced by onshore terminals. As of 2013, there are no floating liquefaction plants in operation, though Shell and Petronas have taken final investment decisions on projects for Australia and Malaysia. There is also a 0.5 million tonnes per annum floating liquefaction, regasification, storage and offloading vessel (FLRSU) approved for construction to be based offshore Colombia. 

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The Value of the Global Oil and Gas Automation and Control System market in 2013 will be $8.63bn

The Oil & Gas Automation & Control Systems Market 2013-2023 looks into opportunities that this market offers and its application to various industries that have use for automation systems. It examines various factors that are stimulating industries to implement advanced control technologies to improve safety and efficiency.  Oil and gas companies are relying more heavily on automation and control technologies to increase productivity, reduce costs and improve their safety standards. By remote monitoring and control technologies companies are able to prevent hazardous situations and improve their health and safety standards.

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The Value of the North American Oil Sands market will be $25.8bn in 2013

Oil sand companies have been innovating new ways for extraction of oil from bituminous resources over the past few decades. Only since 2000 did oil production from oil sand resources become a viable option and as international oil prices have risen ever since, extraction of oil through steam injection and mining has become financially profitable.

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The Market for ROVs in the Oil & Gas industry in 2013 will reach $2,458m

The global ROV market has been growing rapidly over the last years. The primary reason for this development has been the advancement in offshore technologies which has lead to the introduction of more complex subsea infrastructure and to an increase in exploration and production spending, particularly in deepwater and ultra deepwater regions. As expenditure in deepwater areas and on subsea infrastructure around the world increases, ROVs will become an increasingly critical aspect of offshore oil and gas development. The positive growth forecast for the development of the deepwater market and subsea infrastructure market along with the increased focus on safety and security mean that ROVs will take on an even more important role in the oil and gas business throughout the coming decade. As a consequence, determined that the value of the market for ROVs in the oil & gas industry in 2013 will reach $2,458m.
 
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World Diesel Engine demand is projected to grow 6.7 percent per year through 2015 to $197.5 billion

World demand to rise 6.7% annually through 2015
World diesel engine demand is projected to grow 6.7 percent per year through 2015 to $197.5 billion. This represents an acceleration from the 2005-2010 period. Product sales will be driven by a pickup in the production of motor vehicles, particularly medium and heavy trucks and buses. Value gains will also be fueled by the growing use of more sophisticated, higher value products because of more restrictive emission regulations in a number of areas. The Asia/Pacific region was the world’s largest market for diesel engines in 2010 by a wide margin. China and India will be the primary drivers for growth in this region through 2015, as expanding output of motor vehicles and off-highway equipment combine with higher levels of fixed investment to stimulate significant increases in diesel engine demand.
 
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World demand for Oilfield chemicals is expected to reach $28 billion in 2016

Global demand to reach $28 billion in 2016
World demand for Oilfield chemicals is expected to reach $28 billion in 2016 as high oil prices and the increasing demand for energy stimulate new development, especially in unconventional and offshore fields. Nearly all types of chemicals will post healthy advances, but the best opportunities will continue to be in drilling fluids and stimulation chemicals. The usage of horizontal drilling and hydraulic fracturing in the development of shale plays in the US and Canada has been a driving force in sales of fracturing fluids and high-tech drilling fluids, although whether North America’s success in shale development can be duplicated elsewhere remains to be seen. However, while shale is still purely a North American phenomenon, the development of offshore fields is taking off all around the world. This will continue to fuel demand for all types of chemicals, as costs for offshore wells are significantly higher than for onshore wells. These and other factors are driving demand in the world’s major oilfield chemical growth markets, especially Brazil, India, Africa, China, Russia, Saudi Arabia, and a number of other Asian countries. In addition, while slowing, growth will continue to be favorable in the large North American market.

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Russian LNG production is anticipated to witness around 14% CAGR growth during 2010-2020

The global Liquefied Natural Gas (LNG) market has been continuously surging at a fast pace for the last few years. The world has witnessed a sharp increase in the number of liquefaction and regasification terminals during the past few years. Moreover, there has been a fast paced conversion to newer technology driven by economies of scale. Russia with a trusted name in the global energy trade with world’s largest natural gas reserves is slowly becoming a dominant force in the LNG market developments. According to our report “Russian LNG Market Analysis”, Russian LNG production is anticipated to witness around 14% CAGR growth during 2010-2020. 
 
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The Leading 20 Players In The (EOR) Market

Enhanced oil recovery (EOR) technologies are used to increase the amount of oil that can be extracted from an oil field after the primary and secondary production stages. The leading 20 players in the EOR market comprise a broad range of companies, including the six supermajors, large state-owned, or part state-owned, companies, and smaller private energy companies.
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