Research and Markets: GCC Oil & Gas Industry Overview 2010 - An Approximate $400 Bn Worth of Investments in the Gas and Oil Sector Are Being Planned and Executed In GCC

* Reuters is not responsible for the content in this press release.

Tue Apr 6, 2010 3:16pm EDT

DUBLIN--(Business Wire)--
Research and
Markets(http://www.researchandmarkets.com/research/79a228/gcc_oil_gas_indu) has
announced the addition of the "GCC Oil & Gas Industry Overview 2010" report to
their offering. 

Leading the global hydrocarbon industry with the proven supplies to last for
several decades, the Oil and Natural Gas Industry in GCC countries of Saudi
Arabia, UAE, Qatar, Kuwait, Oman and Bahrain is predominantly dominated by its
sheer ability to regulate the global market with its much cherished resource Oil
and off late Natural Gas. The hydrocarbon sector in GCC is quite a robust,
highly promising industry forming the backbone of economic growth for over
decades now despite the Governments ardent effort to diversify to achieve a
balance. This volatile sector that had faced mild turbulence in the recent years
owing to the Global economic slug is all set to unleash its complete potential
in the coming years to cater to the gradual economic recovery. An approximate
$400 bn worth of investments in the Gas and Oil sector are being planned and
executed in GCC. The gradually growing trend of natural gas being used as the
alternative energy source to combat the volatility surrounding oil is witnessing
a gradual growth in the GCC economy. Although not on par, growth in the natural
gas sector is gradually picking up as a close second to the Oil sector in most
GCC countries. Supported by the global focus on clean fuels, natural gas is
settling in a niche slot as a secondary option to oil. GCC members are talking
part in this shift to natural gas by heavily investing in gas exploration and
production activities. Also there is growing prominence for the usage of
renewable energy across the GCC countries as they are in a bid to counteract the
rising pressures resulting from high fuel costs and dependence on a single
energy source. On the back of years of tracking both upstream and downstream
development, and maintenance projects in the Oil and Gas sector, the team at
Ventures Middle East aims to explore the dynamics surrounding the GCC Oil and
Gas market in this study. The study in particular provides a regional
perspective on the size and value of Oil and Gas sector covering the vital
statistics on the production, consumption and reserves of Oil besides conducting
a comparative analysis of economical growth contribution by the oil and gas
sector. The study also provides a strategic assessment of the competitive
landscape of Oil sector besides comparing the growth patterns in the gas and oil
sector across all countries in GCC in addition to providing a trend analysis of
oil pricing. This study provides a comprehensive understanding for the entire
market dynamics of the Oil and Gas sector to assist players interested in
assessing the market opportunities in this robust and dynamic market. 

Key Topics Covered:

* Introduction 
* Competitive landscape of GCC Oil and Gas Sector 
* Supplier Power 
* Global economic slug puts a break 
* Maturing Oil and Gas fields 
* Entry Barriers 
* Substitutes 
* Buyer power 
* Industry Rivalry 
* GCC Oil Upstream sector 
* GCC Downstream Sector 
* Expansion in rapidly developing Asian market 
* Construction Projects Awarded For Oil & Gas Construction in GCC (2008 -2013) 
* Construction Spend on Oil & gas Construction Projects in GCC (2008 -2013) 
* Analysis of Oil Industry growth vis-a-vis Economic growth across countries in
GCC 
* Analysis of Natural Gas Industry growth vis-a-vis Economic growth across
countries in GCC 
* Oil Prices 
* GCC boosts investments in gas development and exploration 
* Petrochemicals 
* Conclusion 
* Code of Ethics 
* Ventures MENA Projects Database 
* List of Figures 
* List of Tables

Countries Covered:

* Bahrain 
* Kuwait 
* Oman 
* Qatar 
* Saudi Arabia 
* UAE

For more information visit
http://www.researchandmarkets.com/research/79a228/gcc_oil_gas_indu

Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2010

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.