No industry is devoid of risk and the Oil and Gas industry is not an exception either. Companies invested in the business of oil and gas face their own unique set of risks, be it natural, manmade or inherent in their daily operations. Risk management solutions for the oil and gas business vary in general with the environment of business, the stakeholders and the nature of operations. Efficient risk management solutions not only need to be tailor made according to the industry but also to the specific business environment being faced. Project risk management is an integral part of any project in the oil and gas business. Companies providing risk management services need not only identify major risks in the business but also communicate risk management solutions in an effective manner. Risks when not managed diligently can have dire consequences on any Oil and Gas Companys balance sheet.
Oil Gas Risk Management Market contains market size and forecasts of Oil Gas Risk Management in Global, including the following market information:
- Global Oil Gas Risk Management Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global Oil Gas Risk Management market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
- The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
- by Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
- The global key manufacturers of Oil Gas Risk Management include ABS Group, Tullow Oil Plc, Intertek Group Plc, RiskWatch International, DNV GL AS, Risktec, CCIG, Wipro Limited and CGE Risk. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
- We surveyed the Oil Gas Risk Management companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Oil Gas Risk Management Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Oil Gas Risk Management Market Segment Percentages, by Type, 2021 (%)
by Type
- Initial Risk Management
- Residual Risk Management
by Risk Type
- Economic Risk
- Engineering Risk
- Management Risk
- Political Risk
- Others
Global Oil Gas Risk Management Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Oil Gas Risk Management Market Segment Percentages, by Application, 2021 (%)
Global Oil Gas Risk Management Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Oil Gas Risk Management Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Oil Gas Risk Management revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Oil Gas Risk Management revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ABS Group
- Tullow Oil Plc
- Intertek Group Plc
- RiskWatch International
- DNV GL AS
- Risktec
- CCIG
- Wipro Limited
- CGE Risk