Single User License: Oil and Gas Logistics Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2015 - 2023 USD 4315.5     Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Flat 10% Discount!! Free Customization as per your requirement You will get Custom Report at Syndicated Report price Report will be delivered with in 15-20 working days Request Sample Buy Now REPORT DESCRIPTION The global oil and gas logistics market is driven by the new discoveries of oil and gas fields. In August 2015, the discovery of one of the largest natural gas fields located off the coast of Egypt was announced. This gas field is expected to have a potential of around 30 tn cubic feet of lean gas. Besides this, there have been many new oilfield discoveries in offshore regions of Africa and South America. The elevated number of new oil and gas discoveries is adding to the rising demand for oil and gas logistics. Browse Full Global Oil and Gas Logistics Market Research Report With Complete TOC @ http://www.transparencymarketresearch.com/oil-and-gas-logistics-market.html Railroad Services to Witness Significant Growth in Global Oil and Gas Logistics Market Oil and gas logistics entail transportation of drilling equipment and extracted natural gas and crude oil. Global oil and gas logistics players are also involved in the transportation of refined products from one location to another. Presently, petroleum logistics cover all phases from upstream to downstream. Oil and gas logistics services sync with all types of equipment. With the expanding shale oil sector, many opportunities have been created for railroads. These railroads can be used to transport people (manpower), equipment, and oil. Presently, railroads are being used to haul special sand (known as frac sand), pipes, acids, and other chemicals. These resources are needed in the process of shale extraction. Building pipelines is costly and time consuming, while railroads are more effective for oil and gas logistics services. Hence, rail car companies in the global oil and gas logistics market are reaping major benefits. These companies are enjoying the rising demand for oil and gas logistics services and have a backlog of orders for petroleum carrying cars. This high demand for railroad services will help the railroads segment grow substantially in the global oil and gas logistics market. This segment will expand significantly in the future as additional infrastructure is being built to keep up with demand in the key shale production regions. For example, the Bakken shale field based in North Dakota hit a record 727,149 barrels per day, and a majority of the oil was transported using trains. Remote Locations to Challenge Global Oil and Gas Logistics Market The remote location of drilling tends to suppress the global oil and gas logistics market’s growth. Transporting resources to remote locations is challenging. Transportation of large equipment in railways or other safe mode of transports is a key issue companies in the market are facing. Furthermore, getting the manpower to remote locations equipped with supplies calls for effective health protection planning. These issues will constrain the global oil and gas logistics market in the foreseeable future. To overcome these issues, companies in the global oil and gas logistics market are reshaping conventional energy supply chain models to implement a highly integrated approach to optimize costs and drive production. Some of the key companies operating in the global oil and gas logistics market are Kuehne + Nagel Company, Agility Project Logistics, Gulf Agency Company, Crown Logistics, DB Schenker, BDP International, and SDV International Logistics. Players in the global oil and gas logistics market will benefit from the ample growth opportunities presented by the growing demand for petroleum products. About Us Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge. 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