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Middle East and Africa oil and gas pipeline market is projected to reach US$10.8bn by 2022

Technology

Research and Markets has announced the addition of the "Middle East & Africa Oil & Gas Pipeline Market By Application (Midstream, Downstream, Upstream), By Type (SAW, Seamless, ERW, Polyethylene & Composites), Competition Forecast and Opportunities, 2012-2022" report to their repertoire 

Saudi Arabia is one of the biggest oil and gas exporter in the world, hence, the potential of further expanding oil and gas pipeline infrastructure in the country is high. As compared to Africa, Middle East has a better and more extensive pipeline infrastructure, owing to high hydrocarbon reserves present and a well-established pipeline network with their neighbouring countries. Moreover, construction of 500 km long pipeline, developed jointly by Abu Dhabi National Oil Co., (ADNOC) and Masdar, is underway. Additionally, a 230-km long pipeline between Central Oman and Maritime Hub in Duqm, is under construction and is expected to commence operations by 2017.

Few of the leading players in Middle East and Africa oil oil gas pipeline market includes China National Petroleum Corporation, CHELPIPE, National Oilwell Varco, Welspun Corporation Limited, Maharashtra Seamless Limited, General Electric, TechnipFMC, and Subsea.

The report covers trends and developments such : crude oil prices influencing investments in pipeline infrastructure, digitalisation in pipeline infrastructure, expansion in city gas distribution network, surging drilling contracts and exploration investments, demand from downstream applications, development of shale gas and synthetic natural gas, and rising production from offshore fields.

For more information about this report visit http://www.researchandmarkets.com/research/3fz26s/middle_east_and