Egypt Oil and Gas Upstream Market

Egypt Oil and Gas Upstream Market by Products (Natural Gas and Crude Oil), Locations (Offshore, Onshore, and Others), and Country (Egypt)–Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: EP-2058
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 213
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The Egypt oil and gas upstream market size is anticipated to expand at significant CAGR during forecast period 2021–2028. Growth of the market is attributed to rapid urbanization, increasing spending on advances technologies, and growing fuel demand.

Egypt Oil and Gas Upstream Market

Extraction of crude oil from an oil well & field is called as tertiary recovery which is also known as enhanced oil recovery, is the system of recovering oil that cannot be extracted in another way.

Enhanced oil recovery increases the recovery factors and also  helps to extend the life of fields & increase the oil reserves recovered. For increasing the older investments returns & maintaining production it is an important tool for enterprises.


To maximize the recovery of oil carbon dioxide & water are injected into the oil well. For making the gas more effective water is used which reduces the movement of carbon dioxide when the oil is displaced in the well.

The covid-19 pandemic affected the supply & demand of the Egypt oil and gas upstream market. Decreasing supply of raw materials, lockdown across the country, and supply chain disorders forced manufacturers to close down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing investment by government & private organization in upstream sector is projected to boost the market.
  • Increasing focus on unconventional gas production is the major factor fueling the market.
  • Lack of awareness about the enhanced oil recovery is projected to restrict the market expansion during the forecast period.
  • High price of services is anticipated to hamper the market growth.
  • R&D investment and technological advancement in Egypt oil and gas upstream market is projected to offer lucrative opportunities for the market players

Scope of the Report

The report on the Egypt oil and gas upstream market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Egypt Oil and Gas Upstream Market–Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018-2019

Forecast Period

2021-2028

Segmentation

Products (Natural Gas and Crude Oil), Locations (Offshore, Onshore, and Others)

Country Scope

Egypt

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players covered in the Report

Egyptian Natural Gas Holding Company; Kuwait Foreign Petroleum Exploration Company [KUFPEC]; Wintershall AG; IPR Energy Group; Exxon Mobil Corp.; Total SA; BP Plc; Chevron Corp.; Royal Dutch Shell Plc; Egyptian General Petroleum Corp.; Eni SpA; Dana Gas PJSC; and Apache Corp.

Market Segment Insights

The crude oil segment accounts for key share of the market

Based on products, the Egypt oil and gas upstream market is bifurcated into natural gas and crude oil. The crude oil segment accounts for a key share of the market. Growth of the market is attributed to rising industrialization and increasing technological advancement in oil & gas upstream. However, the natural gas segment is anticipated to expand at a rapid pace during the forecast period due to rapid expansion in development & research, increasing number of oil & gas fields, and increasing per capita income.

Egypt Oil and Gas Upstream Market

The onshore segment is anticipated to hold significant market share

On the basis of locations, the market is fragmented into offshore, onshore, and others. The onshore segment accounts for a significant share of the market. Growth of the market is attributed to increasing number of medium & small enterprises, rising viability of ultradeep water & deep-water projects, and increasing production of heavy crude oil. The offshore segment is anticipated to expand at a rapid pace during the forecast period due to factors such as reduction in the cost of operations and rapid development in transportation infrastructure.

Egypt Oil and Gas Upstream Market

Market outlook

The Egypt oil and gas upstream market is anticipated to expand at a high CAGR  during the forecast period due to rapid expansion in downstream infrastructure and increasing capacity of oil refinery. Growth of the market is attributed to introduction of technological & novel advanced product and rapid development in transportation infrastructure.

Presence of major market players in Egypt and rapid economic growth in country due to increasing spending on advanced technologies is the major factor fueling the market during forecast period. However, reduction in production of vehicles and high price of services is estimated to hinder the market expansion in the coming years.

Segments

Segments Covered in the Report

The Egypt oil and gas upstream market has been segmented on the basis of

Products

  • Natural Gas
  • Crude Oil

Locations

  • Offshore
  • Onshore
  • Others

Country

  • Egypt

Key Players

  • Egyptian Natural Gas Holding Company
  • Kuwait Foreign Petroleum Exploration Company [KUFPEC]
  • Wintershall AG
  • IPR Energy Group
  • Exxon Mobil Corp.
  • Total SA
  • BP Plc
  • Chevron Corp.
  • Royal Dutch Shell Plc
  • Egyptian General Petroleum Corp.
  • Eni SpA
  • Dana Gas PJSC
  • Apache Corp.

Competitive Landscape

Key players competing in the Egypt oil and gas upstream market include Egyptian Natural Gas Holding Company; Kuwait Foreign Petroleum Exploration Company [KUFPEC]; Wintershall AG; IPR Energy Group; Exxon Mobil Corp.; Total SA; BP Plc; Chevron Corp.; Royal Dutch Shell Plc; Egyptian General Petroleum Corp.; Eni SpA; Dana Gas PJSC; and Apache Corp.

Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Egypt Oil and Gas Upstream Market

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oil and Gas Upstream Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Oil and Gas Upstream Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Oil and Gas Upstream Market - Supply Chain
  4.5. Global Oil and Gas Upstream Market Forecast
     4.5.1. Oil and Gas Upstream Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Oil and Gas Upstream Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Oil and Gas Upstream Market Absolute $ Opportunity
5. Global Oil and Gas Upstream Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Oil and Gas Upstream Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Oil and Gas Upstream Demand Share Forecast, 2019-2026
6. North America Oil and Gas Upstream Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Oil and Gas Upstream Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Oil and Gas Upstream Demand Share Forecast, 2019-2026
7. Latin America Oil and Gas Upstream Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Oil and Gas Upstream Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Oil and Gas Upstream Demand Share Forecast, 2019-2026
8. Europe Oil and Gas Upstream Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Oil and Gas Upstream Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Oil and Gas Upstream Demand Share Forecast, 2019-2026
9. Asia Pacific Oil and Gas Upstream Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Oil and Gas Upstream Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Oil and Gas Upstream Demand Share Forecast, 2019-2026
10. Middle East & Africa Oil and Gas Upstream Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Oil and Gas Upstream Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Oil and Gas Upstream Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Oil and Gas Upstream Market: Market Share Analysis
  11.2. Oil and Gas Upstream Distributors and Customers
  11.3. Oil and Gas Upstream Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Egyptian Natural Gas Holding Company Kuwait Foreign Petroleum Exploration Company [KUFPEC] Wintershall AG IPR Energy Group Exxon Mobil Corp. Total SA

Segments Covered in the Report

The Egypt oil and gas upstream market has been segmented on the basis of

Products

  • Natural Gas
  • Crude Oil

Locations

  • Offshore
  • Onshore
  • Others

Country

  • Egypt

Key Players

  • Egyptian Natural Gas Holding Company
  • Kuwait Foreign Petroleum Exploration Company [KUFPEC]
  • Wintershall AG
  • IPR Energy Group
  • Exxon Mobil Corp.
  • Total SA
  • BP Plc
  • Chevron Corp.
  • Royal Dutch Shell Plc
  • Egyptian General Petroleum Corp.
  • Eni SpA
  • Dana Gas PJSC
  • Apache Corp.

Key players competing in the Egypt oil and gas upstream market include Egyptian Natural Gas Holding Company; Kuwait Foreign Petroleum Exploration Company [KUFPEC]; Wintershall AG; IPR Energy Group; Exxon Mobil Corp.; Total SA; BP Plc; Chevron Corp.; Royal Dutch Shell Plc; Egyptian General Petroleum Corp.; Eni SpA; Dana Gas PJSC; and Apache Corp.

Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.

Egypt Oil and Gas Upstream Market

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