Oil and Gas Transportation Market Analysis APAC, North America, Middle East and Africa, Europe, South America - US, Saudi Arabia, China, India, Russia - Size and Forecast 2024-2028

Published: Feb 2024 Pages: 173 SKU: IRTNTR77122

Oil and Gas Transportation Market 2024-2028

The oil and gas transportation market size is forecast to increase by USD 46.67 billion, at a CAGR of 5.63% between 2023 and 2028. The growth rate of the market depends on several factors, such as the expansion of oil terminals, the shift in freight operations from over-the-road to intermodal, and the rising energy consumption globally. Our market report examines historical data from 2018-2022, besides analyzing the current and forecasted market scenario.

In the APAC region, escalating oil and gas demand in developing nations like India and China has spurred heightened exploration and production activities. This surge in consumption is fueling substantial investments in the oil and gas pipeline sector. Chevron Corp provides oil and gas transportation services through pipelines to refinery storage tanks via 800-foot-long marine tankers managed by the Chevron Shipping Company. Similarly, Energy Transfer LP offers oil and gas transportation services, including seaborne transportation of crude oil using tankers, very large crude carriers, and Suezmax vessels.

Market Forecasting and Size

Market  Forecast 2024-2028

To learn more about this report,  Request Free Sample

Market Dynamic

Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. 

Driver - Expansion of oil terminals

Oil terminals help the overall supply chain by storing crude oil and petroleum products. In addition, they serve as centers for transportation. Furthermore, the rising energy demand has resulted in an increase in the construction of several new oil terminals and pipelines (including oil and gas pipelines), especially in APAC and Africa, where the continuous need for energy is demanding new oil and gas infrastructure.

For instance, in April 2021, Saudi Aramco resumed its development work on three offshore crude expansion projects that will provide an additional 1.15mn b/d of capacity by 2024. In addition, these new exploration and production activities, along with improved and more efficient pipelines transportation. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Trends - Investments in infrastructure development 

Several companies and governments continue to allocate substantial funds toward improving transportation networks, building new infrastructure, and upgrading existing systems to optimize efficiency, safety, and reliability. In addition, this trend encompasses various aspects, including the expansion and construction of new pipelines, terminals, storage facilities, and transportation routes. Furthermore, most of these investments aim to accommodate evolving energy demands, connect new production sites to end markets, and improve connectivity between regions.

Moreover, modernization efforts focus on integrating advanced technologies infrastructure like pipelines, such as smart monitoring systems, automation, and digitalization. In addition, these innovations enhance operational capabilities, enable predictive maintenance, and improve asset management, ultimately increasing the efficiency and lifespan  infrastructure. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.

Challenge - Technical challenges associated with transporting crude oil and natural gas

The shifting from onshore to deepwater offshore drilling, which is led by some of the established exploration and production companies. In addition, with onshore oil and gas reserves declining, exploration and production (E&P) companies are moving to offshore areas. Furthermore, these companies are shifting their operations to the seabed or offshore rigs.

Moreover, operators of pipelaying vessels are currently required to handle a variety of pipelaying tasks and tools, such as welding apparatus, inspection tools, remotely operated vehicles, risers, flowlines, control systems, and guidewires for lowering the pipes into the ocean floor. Besides having to maintain a large inventory of equipment, harsh geological and environmental conditions pose challenges for operators of pipelaying vessels.  Hence, these issues can lead to cost overruns and even abandonment of the pipelines, which poses a challenge to the market. Hence, such factors are hindering the market growth during the forecast period.

Market Segmentation by Mode Of Transportation, Type, and Geography

Mode Of Transportation Segment Analysis: 

The pipelines segment is estimated to witness significant growth during the forecast period. In the global oil and gas transportation market, pipelines stand out as a fundamental mode of transporting vital hydrocarbon resources across vast distances. These networks of pipelines play a pivotal role in moving crude oil, natural gas, and refined petroleum products efficiently and securely. Pipelines offer several advantages over other transportation methods.

Customised Report as per your requirements!

The pipelines segment was the largest segment and valued at USD 85.85 billion in 2018. Further, the need for new gas pipeline construction has been rising in the US with the rise in natural gas production. There are roughly 300,000 miles of natural gas pipelines in the US. To enable oil from practically any field to be shipped to any refinery on-demand, strategic planning entails figuring out the fastest and most cost-effective routes where the pipelines need to be built, along with the number of pumping stations and natural gas compression stations en route, as well as terminal storage facilities. Organizations like the American Petroleum Institute (API) and the International Organization for Standardization (ISO) publish safety standards related to the design and construction of oil gas and chemical pipelines. Overall, pipelines play a critical role in the global oil and gas transportation market, facilitating the movement of highly essential hydrocarbon resources efficiently, economically, and with a lower environmental impact. Thus, the growth in the pipeline segment will boost the growth of the market during the forecast period.

Regional Analysis

For more insights on the market share of various regions Download Sample PDF now!

APAC is estimated to contribute 36% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market growth analysis during the forecast period. Freight cars and trucks will contribute significantly to the growth in the consumption of motor fuels. The total number of such cars is expected to grow by 140 million by 2025 and the growing number of motor vehicles will increase the demand  in the region, thus contributing to the regional market growth. APAC is an emerging market. In 2021, APAC accounted for 38% of global oil demand. APAC will also be boosted by the development of both the onshore and offshore gas markets, driven by the growing regional demand and high gas prices in Japan and South Korea.

In addition, China, Indonesia, and Australia are developing shale gas and coal bed methane (CBM) projects, and the offshore market is expected to see floating liquefied natural gas (FLNG) projects and drilling projects at some deepwater areas and shallow-water gas wells. As the region depends heavily on imports this growth in demand for energy is an opportunity for international companies to tap into the burgeoning APAC market. This will drive the growth of the market in the region during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

BP Plc - The company offers oil and gas transportation services such as pipeline, ship or rail car. Additionally, BP offers a fleet of specialist gas carriers, including the NW Shearwater, to transport liquefied natural gas.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including BP Plc, Chevron Corp., Enbridge Inc., Energy Transfer LP, Euronav NV, Exxon Mobil Corp., FRONTLINE PLC, International Seaways Inc., Kinder Morgan Inc., MITSUI and CO. LTD., Nippon Yusen Kabushiki Kaisha, Pembina Pipeline Corp., PetroChina Co. Ltd., Petroleo Brasileiro SA, Saudi Arabian Oil Co., Scorpio Tankers, Shell plc, TotalEnergies SE, Tsakos Energy Navigation Ltd., and Valero Energy Corp.

Technavio market forecast the an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market research and growth analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Mode Of Transportation Outlook
    • Pipelines
    • Railroads
    • Tankers and trucks
  • Type Outlook
    • Gas
    • Oil
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • South America
      • Chile
      • Brazil
      • Argentina 
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The oil and gas midstream market is witnessing dynamic growth globally, with a focus on expanding the global operating oil and gas pipeline length to meet the rising demand for fuel transportation. As this industry evolves, addressing environmental concerns has become a pivotal aspect, particularly in the development of infrastructure for small and complex offshore fields.

The Transportation Sector plays a crucial role in the overall oil and gas transportation industry, prompting the need for new pipeline constructions and enhanced transportation facilities. The sector is also witnessing a surge in natural gas exports, emphasizing the importance of establishing an efficient pipeline network to facilitate smooth and sustainable energy transportation. In the competitive landscape of the market, companies are focusing on innovative solutions and technologies to optimize operations, ensuring the seamless flow of resources across the global energy market.

Oil and Gas Transportation Market Scope

Report Coverage

Details

Page number

173

Base year

2023

Historic period

 2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 5.63%

Market Growth 2024-2028

USD 46.67 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

4.79

Regional analysis

APAC, North America, Middle East and Africa, Europe, and South America

Performing market contribution

APAC at 36%

Key countries

US, Saudi Arabia, China, India, and Russia

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

BP Plc, Chevron Corp., Enbridge Inc., Energy Transfer LP, Euronav NV, Exxon Mobil Corp., FRONTLINE PLC, International Seaways Inc., Kinder Morgan Inc., MITSUI and CO. LTD., Nippon Yusen Kabushiki Kaisha, Pembina Pipeline Corp., PetroChina Co. Ltd., Petroleo Brasileiro SA, Saudi Arabian Oil Co., Scorpio Tankers, Shell plc, TotalEnergies SE, Tsakos Energy Navigation Ltd., and Valero Energy Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request Sample PDF 

What are the Key Data Covered in this Oil And Gas Transportation Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market growth and trends and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Market growth and forecasting across APAC, North America, Middle East and Africa, Europe, and South America
  • A thorough market analysis and report of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market  companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Mode of Transportation
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global oil and gas transportation market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global oil and gas transportation market 2018 - 2022 ($ billion)
    • 4.2 Mode of Transportation Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Mode of Transportation Segment 2018 - 2022 ($ billion)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Mode of Transportation

    • 6.1 Market segments
      • Exhibit 30: Chart on Mode of Transportation - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Mode of Transportation - Market share 2023-2028 (%)
    • 6.2 Comparison by Mode of Transportation
      • Exhibit 32: Chart on Comparison by Mode of Transportation
      • Exhibit 33: Data Table on Comparison by Mode of Transportation
    • 6.3 Pipelines - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Pipelines - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Pipelines - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Pipelines - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Pipelines - Year-over-year growth 2023-2028 (%)
    • 6.4 Railroads - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Railroads - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Railroads - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Railroads - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Railroads - Year-over-year growth 2023-2028 (%)
    • 6.5 Tankers and trucks - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Tankers and trucks - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Tankers and trucks - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Tankers and trucks - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Tankers and trucks - Year-over-year growth 2023-2028 (%)
    • 6.6 Market opportunity by Mode of Transportation
      • Exhibit 46: Market opportunity by Mode of Transportation ($ billion)
      • Exhibit 47: Data Table on Market opportunity by Mode of Transportation ($ billion)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Gas - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Gas - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Gas - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Gas - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Gas - Year-over-year growth 2023-2028 (%)
    • 7.4 Oil - Market size and forecast 2023-2028
      • Exhibit 56: Chart on Oil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on Oil - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on Oil - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on Oil - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 60: Market opportunity by Type ($ billion)
      • Exhibit 61: Data Table on Market opportunity by Type ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 64: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 67: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.6 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.7 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 India - Market size and forecast 2023-2028
      • Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.11 Russia - Market size and forecast 2023-2028
      • Exhibit 99: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on Russia - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on Russia - Year-over-year growth 2023-2028 (%)
    • 9.12 Saudi Arabia - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 BP Plc
              • Exhibit 115: BP Plc - Overview
              • Exhibit 116: BP Plc - Business segments
              • Exhibit 117: BP Plc - Key news
              • Exhibit 118: BP Plc - Key offerings
              • Exhibit 119: BP Plc - Segment focus
            • 12.4 Chevron Corp.
              • Exhibit 120: Chevron Corp. - Overview
              • Exhibit 121: Chevron Corp. - Business segments
              • Exhibit 122: Chevron Corp. - Key news
              • Exhibit 123: Chevron Corp. - Key offerings
              • Exhibit 124: Chevron Corp. - Segment focus
            • 12.5 Energy Transfer LP
              • Exhibit 125: Energy Transfer LP - Overview
              • Exhibit 126: Energy Transfer LP - Product / Service
              • Exhibit 127: Energy Transfer LP - Key offerings
            • 12.6 Euronav NV
              • Exhibit 128: Euronav NV - Overview
              • Exhibit 129: Euronav NV - Business segments
              • Exhibit 130: Euronav NV - Key offerings
              • Exhibit 131: Euronav NV - Segment focus
            • 12.7 Exxon Mobil Corp.
              • Exhibit 132: Exxon Mobil Corp. - Overview
              • Exhibit 133: Exxon Mobil Corp. - Business segments
              • Exhibit 134: Exxon Mobil Corp. - Key news
              • Exhibit 135: Exxon Mobil Corp. - Key offerings
              • Exhibit 136: Exxon Mobil Corp. - Segment focus
            • 12.8 FRONTLINE PLC
              • Exhibit 137: FRONTLINE PLC - Overview
              • Exhibit 138: FRONTLINE PLC - Product / Service
              • Exhibit 139: FRONTLINE PLC - Key offerings
            • 12.9 MITSUI and CO. LTD.
              • Exhibit 140: MITSUI and CO. LTD. - Overview
              • Exhibit 141: MITSUI and CO. LTD. - Business segments
              • Exhibit 142: MITSUI and CO. LTD. - Key offerings
              • Exhibit 143: MITSUI and CO. LTD. - Segment focus
            • 12.10 Nippon Yusen Kabushiki Kaisha
              • Exhibit 144: Nippon Yusen Kabushiki Kaisha - Overview
              • Exhibit 145: Nippon Yusen Kabushiki Kaisha - Business segments
              • Exhibit 146: Nippon Yusen Kabushiki Kaisha - Key offerings
              • Exhibit 147: Nippon Yusen Kabushiki Kaisha - Segment focus
            • 12.11 PetroChina Co. Ltd.
              • Exhibit 148: PetroChina Co. Ltd. - Overview
              • Exhibit 149: PetroChina Co. Ltd. - Business segments
              • Exhibit 150: PetroChina Co. Ltd. - Key offerings
              • Exhibit 151: PetroChina Co. Ltd. - Segment focus
            • 12.12 Saudi Arabian Oil Co.
              • Exhibit 152: Saudi Arabian Oil Co. - Overview
              • Exhibit 153: Saudi Arabian Oil Co. - Product / Service
              • Exhibit 154: Saudi Arabian Oil Co. - Key offerings
            • 12.13 Scorpio Tankers
              • Exhibit 155: Scorpio Tankers - Overview
              • Exhibit 156: Scorpio Tankers - Product / Service
              • Exhibit 157: Scorpio Tankers - Key offerings
            • 12.14 Shell plc
              • Exhibit 158: Shell plc - Overview
              • Exhibit 159: Shell plc - Business segments
              • Exhibit 160: Shell plc - Key offerings
              • Exhibit 161: Shell plc - Segment focus
            • 12.15 TotalEnergies SE
              • Exhibit 162: TotalEnergies SE - Overview
              • Exhibit 163: TotalEnergies SE - Business segments
              • Exhibit 164: TotalEnergies SE - Key news
              • Exhibit 165: TotalEnergies SE - Key offerings
              • Exhibit 166: TotalEnergies SE - Segment focus
            • 12.16 Tsakos Energy Navigation Ltd.
              • Exhibit 167: Tsakos Energy Navigation Ltd. - Overview
              • Exhibit 168: Tsakos Energy Navigation Ltd. - Product / Service
              • Exhibit 169: Tsakos Energy Navigation Ltd. - Key offerings
            • 12.17 Valero Energy Corp.
              • Exhibit 170: Valero Energy Corp. - Overview
              • Exhibit 171: Valero Energy Corp. - Business segments
              • Exhibit 172: Valero Energy Corp. - Key offerings
              • Exhibit 173: Valero Energy Corp. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 174: Inclusions checklist
                • Exhibit 175: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 176: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 177: Research methodology
                • Exhibit 178: Validation techniques employed for market sizing
                • Exhibit 179: Information sources
              • 13.5 List of abbreviations
                • Exhibit 180: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              oil and gas transportation market market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis