The global oil and gas pipeline sector both onshore and offshore is entering a strong growth phase, driven by increasing global energy demand, rapid industriallisation in emerging markets, and major infrastructure investments.
The global oil and gas pipeline market.
Liquid pipelines such as those for oil, NGL, and condensates make up the remaining 29%, requiring over $65 billion in capital expenditure.
Despite the positive outlook, the industry still faces challenges such as regulatory compliance, geopolitical tensions, and environmental concerns like potential leaks and habitat impact.
The global oil and gas pipeline market covering both onshore and offshore systems is entering a period of steady growth fueled by rising energy demand, infrastructure investments, and technological advancements.
