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Emerging Growth Opportunities in the North American Oil and Gas Market : Shale Gas Growth Provides a Mixed Bag of Opportunities for Process Equipment Suppliers

  • October 2014
  • 30 pages
  • Frost & Sullivan
Report ID: 2466782

Summary

Table of Contents

Key Findings

•MicroLNG: Process equipment suppliers should leverage product presence and work with distributors to penetrate small and medium-sized greenfield projects.
•Driving synergies between systems and service capability will offer digital artificial lift systems for improving oil recovery.
•The emergence of totally integrated digital oil field (TIDO) is driving synergies between process equipment, automation, and service capability.
•Synergies in aftermarket pump services in oil and gas create the key to unlock hidden value.

MicroLNG Opportunities in North America

•Regional firms like Plum Energy will attain greater success in microLNG adoption compared to other international oil companies (IOCs).
•Dresser Rand and Chart Industries are leading the way in supplying process equipment for microLNG plants.
•MicroLNG has a strong business case as it is considered a cheaper alternative to diesel.
•The market for microLNG is expected to develop in the nextxx years.
•High horse power off-grid applications are early adapters.
•Increase in gas prices will have a major impact on quick adaptation of LNG.
•State-level regulations are driving the MicroLNG.

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