Oil And Gas Infrastructure Market Size and Share
Oil And Gas Infrastructure Market Analysis by Mordor Intelligence
The Oil & Gas Infrastructure Market size is estimated at USD 411.90 billion in 2025, and is expected to reach USD 494.91 billion by 2030, at a CAGR of 3.74% during the forecast period (2025-2030).
Consistent growth underscores the sector’s resilience as energy systems diversify; LNG terminals expand at 7.2% annually, pipelines retain a 42.5% revenue base, and storage investments accelerate in response to supply-chain complexity. Robust North American spending on export capacity and network modernization, fast-rising Asia-Pacific demand for secure supply, and digital-twin deployments that trim maintenance outlays by up to 25% reinforce capital inflows. Geopolitical imperatives keep government programs focused on domestic build-outs, while hydrogen-blending retrofits and carbon-ready designs create optionality for decarbonization. Parallel trends—mega-mergers exceeding USD 150 billion, real-time asset monitoring, and strategic storage projects—signal that the oil & gas infrastructure market will remain central to global energy security through the decade.
Key Report Takeaways
- By type, pipelines captured 42.5% of the oil & gas infrastructure market share in 2024, whereas LNG import-export terminals are poised to expand at a 7.2% CAGR to 2030.
- By application, transportation held 39.3% revenue in 2024, while storage and distribution are projected to lead growth at a 6.8% CAGR through 2030.
- By geography, North America commanded 34.9% of the 2024 value, yet Asia-Pacific is on track for the fastest 6.5% CAGR during the forecast window.
Global Oil And Gas Infrastructure Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Ageing pipeline replacement cycle | +1.20% | Global; early gains in North America, Europe | Long term (≥ 4 years) |
| Rising global LNG trade | +2.10% | Global; spill-over to Asia-Pacific, North America | Medium term (2-4 years) |
| Deep- & ultra-deep-water CAPEX upswing | +0.80% | Gulf of Mexico, North Sea, Brazil | Medium term (2-4 years) |
| National energy-security programs | +1.50% | North America, Middle East | Short term (≤ 2 years) |
| Pipeline hydrogen-blending retrofits | +0.60% | North America & EU | Long term (≥ 4 years) |
| Digital-twin-based predictive O&M | +0.40% | Global | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Ageing Pipeline Replacement Cycle Accelerates Infrastructure Renewal
More than 60% of the world’s transmission mileage exceeded a 30-year service life by 2024, triggering a multi-year modernization push led by North American operators that already earmark over USD 50 billion a year for upgrades.(1)Stantec Inc., “Pipeline Replacement and Integrity Trends 2025,” stantec.comConsumers Energy is investing USD 182 million in the Four Cities Metro Pipeline and TC Energy is channeling fresh capital toward U.S. and Canadian replacement portfolios in 2025.(2)Consumers Energy, “Four Cities Metro Pipeline Modernization Factsheet,” consumersenergy.com Beyond safety compliance, new lines are being engineered with hydrogen-ready steels and advanced coatings, which reduce future conversion costs by as much as 35% compared with full rebuilds. These programs lengthen asset lives, bolster environmental performance, and anchor a reliable backbone for expanding LNG and petrochemical feedstock flows. Resulting project pipelines keep the oil & gas infrastructure market on a stable expansion path while fostering technology transfer into emerging regions such as Latin America and Southeast Asia.
Rising Global LNG Trade Transforms Export Infrastructure
Global liquefaction capacity is set to rise by 47 million tpy in 2025, marking the fastest annual gain on record and demanding concurrent investments in jetties, tank farms, and boil-off recovery systems. Venture Global’s USD 18 billion Plaquemines LNG build and Cheniere’s Corpus Christi Stage 3 expansion add 30 million tpy to U.S. output, while Europe lifted regasification capability 34% through 2024 to offset pipeline supply shocks. The two-way surge redefines trade corridors, lowers delivered cost risk, and enlarges the oil & gas infrastructure market footprint in both exporter and importer economies. Advanced terminals now integrate modular storage, carbon-capture-ready flare stacks, and electrified compressors, ensuring adaptability to future fuel blends. These design choices translate into 15–20% lifecycle emission cuts and maintain investors’ access to ESG-screened capital pools.
Deep- & Ultra-Deep-Water CAPEX Upswing Drives Platform Innovation
Offshore CAPEX is projected to top USD 300 billion in 2025, with deep-water allocations growing 11% annually and day rates for 20 kpsi-class ultra-deep rigs touching USD 500,000. Chevron’s USD 5.7 billion Anchor project introduced the first commercial 20 kpsi subsea system, unlocking higher-pressure reserves and setting new standards for flexible risers and flowlines. BP’s Kaskida FID in the Gulf of Mexico adds 275 million barrels recoverable, while Saudi Arabia and Brazil channel resources into next-generation FPSO concepts that cut topside emissions 30% relative to 2020 designs. This technology wave expands accessible resource basins, widens contractor backlogs, and deepens the oil & gas infrastructure market reach into high-margin frontier areas.
National Energy-Security Programs Accelerate Domestic Infrastructure
Governments regard reliable supply as a strategic imperative, prompting the United States to create a National Energy Dominance Council that fast-tracks midstream permits and reduces approval lead-times by 18–24 months. Saudi Arabia’s USD 25 billion gas expansion aims at 60% output growth by 2030, and QatarEnergy’s North Field additions will lift national LNG capacity to 142 million tpy before decade-end. Similar policy thrusts in Canada and India channel public–private capital toward large-diameter trunk lines, strategic storage caverns, and petrochemical feedstock corridors. These programs inject near-term momentum into the oil & gas infrastructure market, hedge against import disruptions, and attract equipment suppliers positioned for fast-tracked deployments.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Extreme oil-price volatility | -0.90% | Global | Short term (≤ 2 years) |
| Net-zero & ESG capital-allocation shifts | -1.10% | Europe, North America | Medium term (2-4 years) |
| Modular floating-LNG competition | -0.30% | Asia-Pacific; spill-over to Africa | Medium term (2-4 years) |
| Cyber-security driven project delays | -0.20% | North America, Europe | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Extreme Oil-Price Volatility Constrains Long-Term Investment Planning
Brent swings above USD 100/bbl in 2025 and sub-USD 70/bbl in 2024, forcing operators to defer long-cycle greenfield ventures, favoring brownfield expansions that reach cash flow in under three years. ExxonMobil’s Beaumont refinery debottlenecking illustrates the preference for incremental capacity tied to established infrastructure, mitigating exposure to price whipsaws. Floating production systems with modular topsides also gain traction because they allow staged commissioning that syncs with market signals. Consolidation accelerates as well-capitalized majors acquire cash-strained independents, folding assets into larger portfolios to average down unit costs and limit volatility risk.(3)U.S. Energy Information Administration, “International Energy Outlook 2024,” eia.gov These shifts temper immediate growth and stabilize the oil & gas infrastructure market through scale efficiencies and disciplined capital stewardship.
Net-Zero & ESG Capital-Allocation Shifts Create Selective Funding Challenges
Sustainability-screened funds surpassed USD 12 trillion in assets under management by mid-2025, channeling capital toward low-carbon projects and shrinking pools available for unabated hydrocarbons. Nevertheless, major lenders still back infrastructure with embedded decarbonization pathways, including CCUS-ready LNG terminals and hydrogen-compatible pipelines. Goldman Sachs notes that integrated energy companies, responsible for a quarter of global clean-tech spending, remain legitimate ESG holdings when projects meet science-based targets/ Consequently, project sponsors overlay carbon-intensity benchmarks and scope-1&2 emission metrics in financing memoranda, increasing due diligence complexity but unlocking green-bond structures that cut coupon costs by 50-75 basis points. While selective funding tightens timelines for traditional assets, it accelerates innovation and broadens the oil & gas infrastructure industry’s technology toolkit.
Segment Analysis
By Type: LNG Terminals Drive Infrastructure Modernization
In 2024, pipelines accounted for 42.5% of the oil and gas infrastructure market size, reflecting their centrality in global energy logistics. Modernization spend accelerates as operators in the United States and Europe replace vintage cast-iron lines with high-strength, hydrogen-tolerant steels and upgrade control valves to digital standards. Simultaneously, LNG terminals are expanding faster than any other asset class, registering a 7.2% CAGR through 2030 as new projects in Louisiana, Qatar, and Australia reach FID.(4)Global LNG Hub, “2025 Import-Export Terminal Dashboard,” globallnghub.com Large-scale trains integrate carbon-capture flares and shore-power hookups that cut scope-1 emissions, attracting green-bond investors and sovereign funds focused on energy security. On-site storage tank sizes are increasing to 265,000 m³, lowering unit costs by 12% relative to 2023 builds and further anchoring the oil & gas infrastructure market.
Pipelines’ dominance persists because network expansion dovetails with replacement cycles: North American owners alone budget USD 50 billion annually for integrity management, capacity de-bottlenecking, and leak detection upgrades. Storage facilities grow steadily thanks to strategic reserve mandates; Gulf Coast working-gas capacity is adding 33.5 Bcf under Enstor’s Mississippi Hub expansion. Processing plants in Asia-Pacific and the Middle East lift combined throughput by 2.6–4.9 million bpd ahead of 2028 refinery debuts, ensuring feedstock availability for petrochemicals. Compressor and pumping stations move toward high-efficiency electric drives that trim greenhouse-gas intensity by up to 93%, underscoring a broad pivot toward lower-carbon operations. These converging investments reinforce a diversified asset mix that sustains the oil & gas infrastructure market even as energy systems transition.
Note: Segment shares of all individual segments available upon report purchase
By Application: Transportation Dominance Faces Storage Growth Challenge
Transportation retained 39.3% of the 2024 oil & gas infrastructure market share as cross-border pipelines, shipping lanes, and LNG carriers moved record volumes. Ongoing projects such as the USD 2.8 billion Yellowhead Mainline and Canada’s Trans Mountain Expansion deliver additive capacity that buffers price spreads between production hubs and consuming regions. Shipping fleets deploy dual-fuel engines and boil-off reliquefaction systems that lower voyage emissions by 20%, another factor supporting investment flows into marine assets. Yet storage and distribution facilities are the fastest-growing application at 6.8% CAGR, propelled by regulators in Europe and Asia who mandate larger strategic stocks after recent supply shocks.
Long-duration storage mitigates renewable intermittency and underpins peak-shaving gas demand, a trend evident in Enstor’s Gulf Coast expansion and Europe’s salt-cavern build-outs. Processing and refining still attract capital in developing economies, led by China’s 44 announced refinery projects representing 24% of Asian capacity additions. Exploration and production infrastructure exhibits a split outlook: deep-water platforms enjoy strong day-rate economics, yet onshore drilling moderates because investors favor shorter-payback unconventional wells. Digital-twin tools applied across these applications sustain asset uptime and optimize energy use, making predictive analytics a common denominator that amplifies value capture across the oil & gas infrastructure market.
Geography Analysis
North America controlled 34.9% of 2024 revenue thanks to abundant shale output, flexible regulatory structures, and a pipeline grid exceeding 3.0 million km. The United States overtook Qatar and Australia to become the largest LNG exporter, commissioning Plaquemines, Golden Pass, and Port Arthur trains that boost aggregate capacity above 200 million tpy. Canada’s LNG Canada and Cedar LNG projects secure long-term contracts with Asian buyers, while Mexico develops Baja export hubs tailored to non-Panama Canal routes. Modernization campaigns such as the Four Cities Metro Pipeline and Beaumont refinery revamp reinforce North American leadership in reliability and throughput.
Asia-Pacific is the fastest-growing region at 6.5% CAGR, driven by burgeoning power demand, industrialization, and policy efforts to displace coal with gas. China accelerates west-to-east trunk-line construction, India targets city-gas penetration beyond 90% of the population, and emerging economies in Southeast Asia engage in LNG-to-power projects anchored by floating storage regasification units. Australia develops backfill fields for existing LNG liquefaction, while Papua New Guinea and Indonesia pivot to low-cost modular trains. As regional trade shifts, downstream investors establish petrochemical hubs near import terminals, reinforcing a network effect that spreads the oil & gas infrastructure market across value chains.
Europe invested aggressively in 2024–25 to diversify away from pipeline dependence, lifting regasification capacity 34% within 18 months and converting underused LNG berths into multipurpose energy ports. Germany deployed fast-track FSRUs at Wilhelmshaven and Brunsbüttel, Spain expanded underground storage by 15%, and Italy advanced the Adriatic Pipeline to loop Balkan supply routes. Middle Eastern NOCs funnel surpluses into domestic gas processing and trans-regional pipelines, with Saudi Arabia’s Master Gas System expansion and QatarEnergy’s North Field build strengthening export optionality. South America adds deep-water infrastructure in Brazil’s Campos basin and pipelines that link Argentina’s Vaca Muerta to Chilean LNG terminals, while Africa leverages Mozambique’s Coral Sul FLNG and Nigeria’s Ajaokuta–Kaduna–Kano pipeline to unlock stranded reserves. These synchronized investments globalize supply chains and elevate the oil & gas infrastructure market into a pivotal enabler of multi-fuel energy systems.
Competitive Landscape
The oil and gas infrastructure market exhibits moderate concentration as 2024 saw more than USD 150 billion of headline M&A, including Chevron’s USD 53 billion purchase of Hess and ExxonMobil’s USD 64.5 billion acquisition of Pioneer. These transactions consolidate acreage in Guyana’s Stabroek Block and the Permian Basin, fostering vertical integration from wellhead to marine terminal. Larger balance sheets allow merged entities to undertake megaprojects while capturing procurement synergies that industry bankers estimate at USD 1–2 billion annually.
Technology leadership is an equally potent differentiator. Operators deploying digital twins across midstream and downstream footprints record 15–25% opex savings and up to 40% shorter outage durations, advantages that smaller firms struggle to replicate. Integrated majors diversify into hydrogen corridors and CCUS pipelines, leveraging existing rights-of-way and storage caverns to accelerate time-to-first revenue. Emerging disruptors pursue plug-and-play FLNG barges, subsea power distribution modules, and containerized gas-conditioning plants that open niche footholds in frontier markets.
Service companies, EPC contractors, and material suppliers reposition portfolios toward low-carbon solutions—high-chrome stainless steels for H₂ service, electrified compressors, and fiber-optic leak-detection cables—creating new revenue streams even as conventional oil volumes plateau. Competitive intensity is heightened by regional players in the Middle East and Asia who wield sovereign backing to win large contracts on attractive terms. Over the next five years, the balance of power will favor firms that marry scale with digital agility, maintain access to diversified capital sources, and can demonstrate measurable emissions progress across the oil & gas infrastructure industry.
Oil And Gas Infrastructure Industry Leaders
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Technip Energies NV
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Saipem SpA
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Schlumberger NV
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Halliburton Co
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Baker Hughes Company
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- July 2025: Chevron completed its USD 53 billion acquisition of Hess Corporation, creating enhanced operational synergies in Guyana's Stabroek Block and expanding U.S. shale positions significantly.
- June 2025: Cheniere Energy announced a positive Final Investment Decision on Corpus Christi Midscale Trains 8 & 9 Project, adding 5 million tonnes per annum capacity and targeting over USD 25 per share run-rate Distributable Cash Flow by early 2030s.
- May 2025: Saudi Aramco awarded over USD 25 billion in strategic gas expansion contracts, targeting a 60% increase in sales gas production by 2030 through Jafurah field development and Master Gas System expansion.
- April 2025: Enstor Gas received FERC certificate approval for the Mississippi Hub Expansion Project, adding 33.5 billion cubic feet of working gas storage capacity to enhance Gulf Coast energy security.
Global Oil And Gas Infrastructure Market Report Scope
| Pipelines |
| Storage Facilities |
| Processing and Refining Units |
| Drilling Platforms |
| LNG Import/Export Terminals |
| Compressor and Pumping Stations |
| Exploration and Production |
| Transportation |
| Processing and Refining |
| Storage and Distribution |
| North America | United States |
| Canada | |
| Mexico | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Italy | |
| NORDIC Countries | |
| Russia | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| South Korea | |
| ASEAN Countries | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East and Africa | Saudi Arabia |
| United Arab Emirates | |
| South Africa | |
| Egypt | |
| Rest of Middle East and Africa |
| By Type | Pipelines | |
| Storage Facilities | ||
| Processing and Refining Units | ||
| Drilling Platforms | ||
| LNG Import/Export Terminals | ||
| Compressor and Pumping Stations | ||
| By Application | Exploration and Production | |
| Transportation | ||
| Processing and Refining | ||
| Storage and Distribution | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| NORDIC Countries | ||
| Russia | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| South Korea | ||
| ASEAN Countries | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Rest of South America | ||
| Middle East and Africa | Saudi Arabia | |
| United Arab Emirates | ||
| South Africa | ||
| Egypt | ||
| Rest of Middle East and Africa | ||
Key Questions Answered in the Report
What is the current value of the oil & gas infrastructure market?
The oil & gas infrastructure market size stood at USD 395.75 billion in 2024 and is projected to reach USD 494.91 billion by 2030.
Which segment is growing fastest within oil-to-market infrastructure?
LNG import-export terminals lead growth, expanding at a 7.2% CAGR because of rising global gas trade and new capacity in North America, the Middle East, and Asia-Pacific.
How does storage fit into future energy-security strategies?
Storage and distribution assets are growing at a 6.8% CAGR as governments mandate larger strategic reserves and grids need flexibility to balance intermittent renewables.
Why are digital twins important to midstream operators?
Digital-twin platforms cut unplanned downtime up to 40% and save 15–25% in maintenance costs, giving early adopters significant opex and emissions advantages.
Which region offers the highest growth potential?
Asia-Pacific shows the fastest 6.5% CAGR, driven by industrial expansion, coal-to-gas switching, and new LNG-to-power investments.
How are companies addressing ESG funding constraints?
Project sponsors embed carbon-capture readiness, hydrogen compatibility, and verified emission targets into designs to unlock green-bond financing and maintain investor interest.
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