The escalation of activity in the Oil and Gas Field Services industry over the past five years has been driven by unprecedented investment into the development of gas extraction and liquefied natural gas (LNG) production facilities. Multibillion-dollar LNG developments are currently under construction and will soon become operational in Queensland, northern Western Australia, and the Northern Territory. This investment has been driven by the strong global demand for energy sources and technological advancements in natural gas extraction, liquefaction and long-distance transport.
Firms in this industry provide support services and maintenance services on a fee or contract basis to companies involved in oil and gas extraction.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.