Middle East Oil and Gas Market Summary, Competitive Analysis and Forecast to 2027
Middle East Oil and Gas Market Summary, Competitive Analysis and Forecast to 2027
Abstract
Summary
Oil & Gas in Middle East industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the hub price of crude oil. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the price of natural gas (Henry Hub spot price). The values represent the total revenues available to exploration and production companies from sales of crude oil and natural gas. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The Middle Eastern oil & gas market had total revenues of $232.5 billion in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 1.6% between 2017 and 2022, reaching a total of 3 billion BoE in 2022.
- The Middle Eastern oil & gas market is driven by several macroeconomic factors, such as rising GDP coupled with increasing industrialization and rising inflation. For instance, the real GDP annual growth rate of Saudi Arabia in 2022 stood at 8.5%, according to in-house research.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in Spain
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Spain
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Spain telecommunication services market with five year forecasts
Reasons to Buy
- What was the size of the Spain telecommunication services market by value in 2022?
- What will be the size of the Spain telecommunication services market in 2027?
- What factors are affecting the strength of competition in the Spain telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Spain's telecommunication services market?
Content
Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading player?
7.4. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. Saudi Arabian Oil Company
8.2. Chevron Corporation
8.3. Abu Dhabi National Oil Co
8.4. Egyptian General Petroleum Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Middle East oil & gas market value: $ million, 2017-22
Table 2: Middle East oil & gas market volume: million BoE, 2017-22
Table 3: Middle East oil & gas market category segmentation: % share, by value, 2017-2022
Table 4: Middle East oil & gas market category segmentation: $ million, 2017-2022
Table 5: Middle East oil & gas market geography segmentation: $ million, 2022
Table 6: Middle East oil & gas market value forecast: $ million, 2022-27
Table 7: Middle East oil & gas market volume forecast: million BoE, 2022-27
Table 8: Saudi Arabian Oil Company: key facts
Table 9: Saudi Arabian Oil Company: Annual Financial Ratios
Table 10: Saudi Arabian Oil Company: Key Employees
Table 11: Chevron Corporation: key facts
Table 12: Chevron Corporation: Annual Financial Ratios
Table 13: Chevron Corporation: Key Employees
Table 14: Chevron Corporation: Key Employees Continued
Table 15: Abu Dhabi National Oil Co: key facts
Table 16: Abu Dhabi National Oil Co: Key Employees
Table 17: Egyptian General Petroleum Corp: key facts
Table 18: Egyptian General Petroleum Corp: Key Employees
Table 19: Middle East size of population (million), 2018-22
Table 20: Middle East gdp (constant 2005 prices, $ billion), 2018-22
Table 21: Middle East gdp (current prices, $ billion), 2018-22
Table 22: Middle East inflation, 2018-22
Table 23: Middle East consumer price index (absolute), 2018-22
Table 24: Middle East exchange rate, 2018-22
List of Figures
Figure 1: Middle East oil & gas market value: $ million, 2017-22
Figure 2: Middle East oil & gas market volume: million BoE, 2017-22
Figure 3: Middle East oil & gas market category segmentation: $ million, 2017-2022
Figure 4: Middle East oil & gas market geography segmentation: % share, by value, 2022
Figure 5: Middle East oil & gas market value forecast: $ million, 2022-27
Figure 6: Middle East oil & gas market volume forecast: million BoE, 2022-27
Figure 7: Forces driving competition in the oil & gas market in the Middle East, 2022
Figure 8: Drivers of buyer power in the oil & gas market in the Middle East, 2022
Figure 9: Drivers of supplier power in the oil & gas market in the Middle East, 2022
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in the Middle East, 2022
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in the Middle East, 2022
Figure 12: Drivers of degree of rivalry in the oil & gas market in the Middle East, 2022
Summary
Oil & Gas in Middle East industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the hub price of crude oil. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the price of natural gas (Henry Hub spot price). The values represent the total revenues available to exploration and production companies from sales of crude oil and natural gas. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The Middle Eastern oil & gas market had total revenues of $232.5 billion in 2022, representing a compound annual growth rate (CAGR) of 5.3% between 2017 and 2022.
- Market consumption volumes declined with a negative CAGR of 1.6% between 2017 and 2022, reaching a total of 3 billion BoE in 2022.
- The Middle Eastern oil & gas market is driven by several macroeconomic factors, such as rising GDP coupled with increasing industrialization and rising inflation. For instance, the real GDP annual growth rate of Saudi Arabia in 2022 stood at 8.5%, according to in-house research.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the telecommunication services market in Spain
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the telecommunication services market in Spain
- Leading company profiles reveal details of key telecommunication services market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Spain telecommunication services market with five year forecasts
Reasons to Buy
- What was the size of the Spain telecommunication services market by value in 2022?
- What will be the size of the Spain telecommunication services market in 2027?
- What factors are affecting the strength of competition in the Spain telecommunication services market?
- How has the market performed over the last five years?
- What are the main segments that make up Spain's telecommunication services market?
Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading player?
7.4. What has been the rationale behind recent M&A activity?
8 Company Profiles
8.1. Saudi Arabian Oil Company
8.2. Chevron Corporation
8.3. Abu Dhabi National Oil Co
8.4. Egyptian General Petroleum Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Middle East oil & gas market value: $ million, 2017-22
Table 2: Middle East oil & gas market volume: million BoE, 2017-22
Table 3: Middle East oil & gas market category segmentation: % share, by value, 2017-2022
Table 4: Middle East oil & gas market category segmentation: $ million, 2017-2022
Table 5: Middle East oil & gas market geography segmentation: $ million, 2022
Table 6: Middle East oil & gas market value forecast: $ million, 2022-27
Table 7: Middle East oil & gas market volume forecast: million BoE, 2022-27
Table 8: Saudi Arabian Oil Company: key facts
Table 9: Saudi Arabian Oil Company: Annual Financial Ratios
Table 10: Saudi Arabian Oil Company: Key Employees
Table 11: Chevron Corporation: key facts
Table 12: Chevron Corporation: Annual Financial Ratios
Table 13: Chevron Corporation: Key Employees
Table 14: Chevron Corporation: Key Employees Continued
Table 15: Abu Dhabi National Oil Co: key facts
Table 16: Abu Dhabi National Oil Co: Key Employees
Table 17: Egyptian General Petroleum Corp: key facts
Table 18: Egyptian General Petroleum Corp: Key Employees
Table 19: Middle East size of population (million), 2018-22
Table 20: Middle East gdp (constant 2005 prices, $ billion), 2018-22
Table 21: Middle East gdp (current prices, $ billion), 2018-22
Table 22: Middle East inflation, 2018-22
Table 23: Middle East consumer price index (absolute), 2018-22
Table 24: Middle East exchange rate, 2018-22
List of Figures
Figure 1: Middle East oil & gas market value: $ million, 2017-22
Figure 2: Middle East oil & gas market volume: million BoE, 2017-22
Figure 3: Middle East oil & gas market category segmentation: $ million, 2017-2022
Figure 4: Middle East oil & gas market geography segmentation: % share, by value, 2022
Figure 5: Middle East oil & gas market value forecast: $ million, 2022-27
Figure 6: Middle East oil & gas market volume forecast: million BoE, 2022-27
Figure 7: Forces driving competition in the oil & gas market in the Middle East, 2022
Figure 8: Drivers of buyer power in the oil & gas market in the Middle East, 2022
Figure 9: Drivers of supplier power in the oil & gas market in the Middle East, 2022
Figure 10: Factors influencing the likelihood of new entrants in the oil & gas market in the Middle East, 2022
Figure 11: Factors influencing the threat of substitutes in the oil & gas market in the Middle East, 2022
Figure 12: Drivers of degree of rivalry in the oil & gas market in the Middle East, 2022
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