Oil And Gas Infrastructure Market Size and Share

Oil And Gas Infrastructure Market Summary
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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.

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.

Oil And Gas Infrastructure Market: Market Share by type
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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.

Oil And Gas Infrastructure Market: Market Share by Application type
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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.

Oil And Gas Infrastructure Market CAGR (%), Growth Rate by Region
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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

  1. Technip Energies NV

  2. Saipem SpA

  3. Schlumberger NV

  4. Halliburton Co

  5. Baker Hughes Company

  6. *Disclaimer: Major Players sorted in no particular order
Global Oil & Gas Infrastructure Market
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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.

Table of Contents for Oil And Gas Infrastructure Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Ageing Pipeline Replacement Cycle
    • 4.2.2 Rising Global LNG Trade
    • 4.2.3 Deep- & Ultra-Deep-water CAPEX Upswing
    • 4.2.4 National Energy-Security Programs
    • 4.2.5 Pipeline Hydrogen-Blending Retrofits (Under-the-radar)
    • 4.2.6 Digital-Twin-based Predictive O&M (Under-the-radar)
  • 4.3 Market Restraints
    • 4.3.1 Extreme Oil-Price Volatility
    • 4.3.2 Net-Zero & ESG Capital-Allocation Shifts
    • 4.3.3 Modular Floating-LNG Competition (Under-the-radar)
    • 4.3.4 Cyber-security Driven Project Delays (Under-the-radar)
  • 4.4 Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. Market Size & Growth Forecasts

  • 5.1 By Type
    • 5.1.1 Pipelines
    • 5.1.2 Storage Facilities
    • 5.1.3 Processing and Refining Units
    • 5.1.4 Drilling Platforms
    • 5.1.5 LNG Import/Export Terminals
    • 5.1.6 Compressor and Pumping Stations
  • 5.2 By Application
    • 5.2.1 Exploration and Production
    • 5.2.2 Transportation
    • 5.2.3 Processing and Refining
    • 5.2.4 Storage and Distribution
  • 5.3 By Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 NORDIC Countries
    • 5.3.2.6 Russia
    • 5.3.2.7 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 South Korea
    • 5.3.3.5 ASEAN Countries
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 Saudi Arabia
    • 5.3.5.2 United Arab Emirates
    • 5.3.5.3 South Africa
    • 5.3.5.4 Egypt
    • 5.3.5.5 Rest of Middle East and Africa

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Strategic Moves (M&A, Partnerships, PPAs)
  • 6.3 Market Share Analysis (Market Rank/Share for key companies)
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
    • 6.4.1 Schlumberger
    • 6.4.2 Halliburton
    • 6.4.3 Baker Hughes
    • 6.4.4 Technip Energies
    • 6.4.5 Saipem
    • 6.4.6 Wood PLC
    • 6.4.7 Fluor Corporation
    • 6.4.8 Worley
    • 6.4.9 Petrofac
    • 6.4.10 National Oilwell Varco
    • 6.4.11 McDermott International
    • 6.4.12 CPECC
    • 6.4.13 KBR Inc.
    • 6.4.14 Bechtel Corporation
    • 6.4.15 Subsea 7
    • 6.4.16 Aker Solutions
    • 6.4.17 JGC Corporation
    • 6.4.18 Larsen & Toubro
    • 6.4.19 Samsung Engineering
    • 6.4.20 TC Energy
    • 6.4.21 Kinder Morgan
    • 6.4.22 Enbridge

7. Market Opportunities & Future Outlook

  • 7.1 Emerging Markets & Investment Hotspots
  • 7.2 Green Infrastructure & Sustainability Trends
  • 7.3 Digital Transformation & Smart Infrastructure
  • 7.4 Public Private Partnerships & Policy Support
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Global Oil And Gas Infrastructure Market Report Scope

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
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
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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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