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Europe Oil & Gas Infrastructure Market was valued at USD 115.5 billion in 2024 and is expected to witness a CAGR of 6.1% from 2025 to 2034. Companies are heavily investing in carbon capture, utilization, and storage (CCUS) and hydrogen technologies. These efforts aim to reduce emissions while meeting the increasing demand for energy. This aligns with broader decarbonization goals across Europe as the region works towards achieving net-zero targets. The Europe oil and gas sector is witnessing a surge in mergers and acquisitions. This trend is driven by companies' need to enhance cash flow, optimize capital, and integrate low-carbon businesses. The focus is on acquiring assets that fit well within both traditional and emerging energy markets.
With an ongoing push for energy security, especially after the Russian invasion of Ukraine, Europe has turned to natural gas as a bridge fuel. This has increased the demand for gas pipelines, storage facilities, and LNG terminals. Companies are leveraging advanced technologies, including AI and real-time data analytics, to optimize operations. This is helping to reduce costs and improve efficiency in exploration, production, and maintenance.
Report Attribute | Details |
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Base Year: | 2024 |
Europe Oil & Gas Infrastructure Market Size in 2024: | USD 115.5 Billion |
Forecast Period: | 2025 to 2034 |
Forecast Period 2025 to 2034 CAGR: | 6.1% |
2034 Value Projection: | USD 208.7 Billion |
Historical Data for: | 2021 – 2024 |
No. of Pages: | 80 |
Tables, Charts & Figures: | 20 |
Segments covered: | Category |
Growth Drivers: |
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Pitfalls & Challenges: |
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