In the second part of this two-part review of the global offshore pipeline construction service industry, the contractors, business profiles and risk factors encountered in the sector are examined. Firms typically own and operate diverse vessel fleets in one or more regions across the world. The largest contractors are vertically integrated and diversified outside the upstream oil and gas sector, and the industry has seen varying degrees of consolidation over the years. The demand for pipeline construction fluctuates from year to year, and during periods of sustained low oil prices, demand for services is reduced, causing contractors to resize operations in order to maintain a competitive position in a more challenging market, to form alliances and partnerships in search of other opportunities, and stack and dismantle less competitive vessels to reduce cost. Discussion of business models and their impact on operations and strategies reveal the depth, breadth and complexity of the sector. Business risk is described and portraits of the companies that comprise the industry concludes the review.


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    Titel :

    Global offshore pipeline construction service market review 2017 – Part II


    Beteiligte:
    Kaiser, Mark J. (Autor:in) / Liu, Mingming (Autor:in)

    Erschienen in:

    Erscheinungsdatum :

    02.01.2018


    Format / Umfang :

    0 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Englisch





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