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#IndustrialAutomation Market for Oil & Gas worth 15.52 Billion USD by 2023

Know More : Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1289


The objective of the report is to provide a detailed analysis of the industrial automation market for oil & gas on the basis of solution, instrument, and geography. The report provides detailed information regarding the major factors influencing the growth of the market for oil & gas. The report also provides a detailed overview of the value chain in the market for oil & gas.

Field instruments held the largest share of the industrial automation market for oil & gas. The industrial automation is carried out with the help of field instruments for measuring, transmitting, and controlling the processes. The instruments can be controlled and automated from a control room, making them a vital part of the industrial automation. The market for leakage detection system is expected to grow at the highest rate during the forecast period. The industrial automation system is applied across various processes in the oil & gas industry, which include a huge number of pipelines and transportation of oil & gas over long distances. The leakage detection system helps the operator to detect, analyze, and take the correct steps of action required to curb the leakage of these precious and hazardous petroleum liquids and gases.

Key restraining factors for the industrial automation market are the instability of the oil & gas market in Middle Eastern countries, increasing shift toward the adoption of renewable energy sources, and declining and fluctuating oil and gas prices. Key market players such as ABB (Switzerland) and Siemens AG (Germany) are focusing on the strategies such as product launches and developments, partnerships, agreements, contracts, joint ventures, collaborations, expansions, and acquisitions to enhance their geographical presence and expand their business.

#oilandGas #Automation #IndustryTrends #SCADA
#DistributedControlSystem
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Top 7 Companies In Pressure Pumping Market

1 Baker Hughes
2 Schlumberger Limited
3 Halliburton
4 C&J Energy Services, Inc.
5 Calfrac Energy Services Ltd.
6 Trican
7 Superior Energy Services, Inc.

Read More Info About Their Future Strategies: https://tinyurl.com/y9enkfll

Rising exploration & production (E&P) in unconventional oil & gas reserves including shale basins is estimated to spur the growth of the market. Increasing prominence of unconventional reserves including coalbed methane (CBM), shale, tight oil, and tight gas is likely to drive the market over the next few years.

#PressurePump #Oil&Gas #Energy #Petroleum
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In July 228 horizontal wells started production in the Eagle Ford, the highest number in more than 3 years. ShaleProfile's latest post covers the most recent data provided by the Texas RRC: http://bit.ly/2JHrIy7

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Top benefits of truck loading and metering systems

- Automated process of loading/unloading
- Reversible vapor phase metering
- On-site proving of flow-meters
- Emergency shutdown functions

And many more.

Check here - http://bit.ly/2IgvFHu

#TruckLoading #Unloading #Metering #System

#Benefits #OGSI #UAE #Duba
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The production start-up of the Umm Lulu and #SARB (Satah Al Razboot) fields shows an initial capacity of 50,000 barrels per day
#OMV #ummlulu #AbuDhabi #SatahAlRazboot #AlBateel #BinNasher #oilfields #offshore #oil
https://energyindustryreview.com/oil-gas/omv-started-production-in-abu-dhabi/
OMV started production in Abu Dhabi
OMV started production in Abu Dhabi
energyindustryreview.com

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Liquefied Natural Gas (LNG) Market Trends, Size, Share, Growth and Forecast 2024

Axiom MRC added Liquefied Natural Gas (LNG) Market Report, By Products, Application and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024
Get the Free Sample Report @ https://axiommrc.com/request-for-sample/?report=1738 #Energy #NaturalGas #Axiommrc
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Kuwait Dana Lube comes up with high quality lube oil which is used for smooth functioning of various machines and engines. Reach out to the company for the best lubricants.
#Lubricant #Lubes #EngineOil #Shield #Oil #LubricantCompany
http://www.kuwaitdanalubes.com/
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