Report Description

Europe oil & gas SURF market was valued at $ 2.01 billion in 2015, and is projected to exhibit a CAGR of over 11%, in value terms, to reach $ 3.40 billion by 2021, due to the first wave of subsea development activities that started with Norway and United Kingdom for exploiting offshore fields in North Sea. Norway was the pioneer in offshore field developments with other European countries soon following suite. Offshore investment is anticipated to increase once the companies are confident that crude prices will stabilize in the near term. As companies start investing offshore, demand for SURF equipment would consequently rise during the forecast period.

Years considered for this report:

Historical Years: 2011-2014

Base Year: 2015

Estimated Year: 2016

Forecast Period: 2016–2021

Objective of the Study:

  • The primary objective of the study was to understand and gain insights about the Europe oil & gas SURF market, on the basis of by component, by application and by country.
  • To categorize and forecast Europe oil & gas SURF market by component such as Subsea Umbilicals, Risers, & Flowlines. 
  • To estimate, calculate and forecast market size for Europe oil & gas SURF market, in terms of value.
  • To strategically profile the leading SURF equipment manufacturers, distributors and resellers in the market which cater to the Europe oil & gas SURF market.

 

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Few of the leading players in Europe oil & gas SURF market include Technip, Subsea 7 SA, Aker Solutions ASA, Nexans SA, Saipem SpA, Prysmian S.p.A., VALLOUREC, ABB Ltd, Kongsberg Gruppen, Siemens AG, Airborne Oil & Gas B.V.

TechSci Research carried out Europe oil & gas SURF market study by considering various aspects of Europe oil & gas SURF market. In the beginning of the Europe oil & gas SURF market study, a brief study was conducted to understand each aspect of market outlook such as drivers, challenges, market trends and various other major factors affecting the market. Moreover, an in-depth analysis was conducted to understand Europe oil & gas SURF market scenario and to gauge the competitive scenario. Afterwards, a detailed scrutiny of by component, by application, and by country markets for Europe oil & gas SURF market was conducted. In order to extract data for Europe oil & gas SURF market, primary research surveys were conducted with key opinion leaders, SURF equipment manufacturers, their raw material suppliers, resellers and channel partners, EPC contractors and sub-contractors to understand historical and present trends.

Considering the assumptions, TechSci research dedicated team of industry experts has comprehensively monitored and analyzed various aspects of Europe oil & gas SURF market. TechSci research team has analyzed various segments and speculated a positive future for Europe oil & gas SURF market and subsequent countries. Moreover, various secondary sources were utilized for preparing this report such as directories, company annual reports, financial reports, proprietary databases, among others.  


Key Target Audience:

  • Oil & gas SURF equipment manufacturers, their raw material suppliers, resellers and channel partners, EPC contractors and sub-contractors
  • Customers (national oil companies, oil & gas multinationals)
  • Research organizations and consulting companies
  • Associations, organizations, forums and alliances related to Subsea equipment
  • Government bodies such as regulating authorities and policy makers

The study is useful in providing answers to past, current and future adoption of SURF equipment in Europe oil & gas SURF market. This study helps in analyzing specific country adoption trend of oil & gas SURF equipment which are useful for industry stakeholders such as SURF equipment manufacturers, their raw material suppliers, resellers and channel partners, EPC contractors and sub-contractors, regulatory bodies, and customers (national oil companies, oil & gas multinationals).

Report Scope:

In this report, the Europe oil & gas SURF market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, By Component:
    • Subsea umbilicals
    • Risers
    • Flowlines
  • Market, By Application:
    • Deepwater
    • Shallow Water
    • Ultra-Deepwater
  • Market, By Country:
    • Norway
    • United Kingdom
    • Russia
    • Netherlands
    • Denmark
    • Rest of Europe

Competitive Landscape

Competition Benchmarking: Benchmarking of leading players on the basis of product portfolio.

Company Profiles: Detailed analysis of the major companies operating in Europe oil & gas SURF market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all major countries.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case of you can’t find what you are looking for then please get in touch with our custom research team at [email protected]

Table of content

1.  Product Overview

2.  Research Methodology

3.  Analyst View

4.  Global Oil & Gas Subsea Umbilicals, Risers and Flowlines (SURF) Market Outlook

4.1.    Industry Structure & Stakeholders

4.2.    Market Size & Forecast

4.2.1.By Value

5.  Europe Oil & Gas SURF Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value

5.2.    Market Share & Forecast

5.2.1.By Component

5.2.2.By Application

5.2.3.By Country

5.2.3.1.   Norway Oil & Gas SURF Market Outlook

5.2.3.2.   United Kingdom Oil & Gas SURF Market Outlook

5.2.3.3.   Russia Oil & Gas SURF Market Outlook

5.2.3.4.   Netherlands Oil & Gas SURF Market Outlook

5.2.3.5.   Denmark Oil & Gas SURF Market Outlook

5.2.3.6.   Rest of Europe Oil & Gas SURF Market Outlook

6.  Market Dynamics

6.1. Drivers

6.2. Challenges

7.  Market Trends & Developments

7.1. Increasing Partnerships and Joint Ventures

7.2. Growing Consolidation in Subsea Infrastructure Industry

7.3. Rising Production from Offshore Fields

7.4. Revenue Generation through Aftermarket Services

7.5. Rising Investments in Research & Development

7.6. Implementation of Stringent Regulations for Offshore E&P Activities

8.  Competitive Landscape

8.1.    Competition Matrix

8.2.    Company Profiles

8.2.1.Technip

8.2.2.Subsea 7 SA

8.2.3.Aker Solutions ASA

8.2.4.Nexans SA

8.2.5.Saipem SpA

8.2.6.Prysmian S.p.A.

8.2.7.VALLOUREC

8.2.8.ABB Ltd

8.2.9.Kongsberg Gruppen

8.2.10.    Siemens AG

8.2.11.    Airborne Oil & Gas B.V.

 


Figures and Tables

List of Figures

Figure 1: Industry Structure & Stakeholders of Global Oil & Gas SURF Market

Figure 2: Global Oil & Gas SURF Market Size, By Value, 2011–2021F (USD Billion)

Figure 3: Europe Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

Figure 4: Europe Offshore Average Rig Count, 2012 – 2016E

Figure 5: Europe Oil & Gas SURF Market Share, By Component, By Value, 2015 & 2021F

Figure 6: Europe Oil & Gas SURF Market Share, By Application, By Value, 2015 & 2021F

Figure 7: Europe Oil & Gas SURF Market Share, By Country, By Value, 2015 & 2021F

Figure 8: Norway Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

Figure 9: United Kingdom Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

Figure 10: Russia Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

Figure 11: Netherlands Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

Figure 12: Denmark Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

Figure 13: Rest of Europe Oil & Gas SURF Market Size, By Value, 2011 – 2021F (USD Billion)

 

List of Tables

Table 1: Global Major Offshore EPC Contracts Awarded, 2014-2016

Table 2: Europe Major SURF Contracts Awarded, 2015-2016

Table 3: List of Major Partnerships and Joint Ventures in Subsea Infrastructure Industry, 2012-2016

Table 4: List of Major Mergers & Acquisitions in Subsea Infrastructure Industry, 2011-2016

Frequently asked questions

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Parvati Sharma

Account Manager BD
Press Release

EU Subsea Umbilicals, Risers, and Flowlines (SURF) Market to Grow at 11%

May, 2017

Increasing offshore hydrocarbon exploration activities to drive Europe oil & gas subsea umbilicals, risers, and flowlines (SURF) market through 2021