Industry Analysis & Industry Trends
Unprecedented investment in gas extraction and liquefied natural gas (LNG) production facilities across northern Australia has supported record activity in the Oil and Gas Field Services industry over the past five years. Strong global demand for energy sources and technological advancements in natural gas extraction, liquefaction and long-distance transport have driven this investment.
Multi-billion dollar LNG developments under construction are currently nearing completion and will soon become operational in Queensland, northern Western Australia, and the Northern Territory. The industry is currently working on projects with a delivery value exceeding $175 billion, due for completion between 2015 and 2017... purchase to read more
Industry Report - Industry Products Chapter
The Oil and Gas Field Services industry provides a range of services to the oil and gas sector. These can generally be split into site preparation services, construction services, plant management services and other services. The share of industry revenue derived from these service categories has changed dramatically in recent years due to the shift in focus to meet unprecedented demand for construction and site preparation services.
Accelerated investment in the development of new gas extraction, liquefaction and transport facilities in recent years has greatly inflated the share of industry revenue derived from construction services... purchase to read more