Mining Technology & Minerals Market Research News

Oil and gas logistics market explored in latest research

Mining Market Research

The raising offshore oil and gas exploration and production activities are one of the primary growth drivers for oil and gas logistics market.

Market Highlights

Exploration and production (E&P) activity is an upstream process in the oil and gas industry, and includes procedures such as locating oil rigs, searching for oil and petrochemical products, underwater drilling for natural gas and crude oil fields, and operating subsea vessels.

Mounting production activities in APAC have boosted the necessity for outsourced logistics, leading to the entry of several new players in the market. The competition in this market is dependent on the basis of price, delivery speed, reliability, and supply chain capacity.