EUR 297.75 For Business Accounts Only

Oil & Gas in the United Kingdom

Oil & Gas in the United Kingdom

Summary

Oil & Gas in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the United Kingdom oil & gas market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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 UK oil & gas market had total revenues of $40,154.7m in 2017, representing a compound annual rate of change (CARC) of -13% between 2013 and 2017.
- The crude oil segment was the market's most lucrative in 2017, with total revenues of $31,786.4m, equivalent to 79.2% of the market's overall value.
- The UK oil and gas market should witness a return to growth in the forecast period as price of oil stabilizes due to OPEC supply cuts, economic and political instability reducing Venezuelan oil in the global market, and sanctions being imposed on Iran again. In March 2017 Hurricane Energy announced that it had a made discovery of a new oil field across the UK’s north western coast said to hold a billion barrels of oil, making it the largest oil field discovery in the country in this century. With new discoveries and the UK’s oil production said to grow in the coming years, this also will boost the value growth of the UK oil and gas market.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in the United Kingdom
- Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Kingdom oil & gas market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the United Kingdom oil & gas market by value in 2017?
- What will be the size of the United Kingdom oil & gas market in 2022?
- What factors are affecting the strength of competition in the United Kingdom oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up the United Kingdom's oil & gas market?