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Oil and Gas Field Services in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Oil and Gas Field Services Market Research Report | Specialist Engineering, Infrastructure & Contractors | Mining & Mining Services | Jul 2013

Preparing for growth: Upstream projects support demand for industry services

IBISWorld’s Oil and Gas Field Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Bechtel Australia Bechtel Australia market share
KBR Holdings KBR Holdings market share
Leighton Holdings Leighton Holdings market share
WorleyParsons WorleyParsons market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
23.4%
Annual Growth 14-19
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Profit
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Employment
7,226
Businesses
118
Industry Analysis & Industry Trends

The Oil and Gas Field Services industry has grown strongly in the past five years and is expected to continue to do so in the next five. The rapid increase in industry revenue is being underpinned by high demand from the Oil and Gas Extraction industry, where an unprecedented number of oil and gas projects are underway. In the five years through 2013-14, industry revenue is forecast to grow at a compound annual rate of 23.4%. In 2013-14, forecast growth of 18.9% will take industry revenue to $5.8 billion.

Demand for industry services is contingent on activity in the upstream Petroleum Exploration industry and the Oil and Gas Extraction industry. Exploration is important, because it identifies resources that are necessary for future sector growth... 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 be generally split into site preparation, construction services, plant management and other services.

Plant management services

Plant management is estimated to be the industry's largest service segment, accounting for 39.0% of revenue. Services include maintenance and repair of on- and off-site production equipment and facilities, and compliance testing to ensure operations run efficiently. This segment also provides planning, scheduling, breakdown response, scheduled preventative measures and project cost management. Plant management services are ongoing services needed throughout the life of any project and are therefore the most stable source of revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Oil and Gas Field Services Industry?

Firms in this industry provide support services and maintenance services on a fee or contract basis to companies involved in oil and gas extraction.

Industry Products
Construction servicesSite preparation servicesPlant management servicesOther services
 
Industry Activities
Providing site preparation servicesProviding construction servicesProviding plant management servicesProviding other support servicesProviding site preparation servicesProviding construction servicesProviding plant management servicesProviding other support services


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