According to a Comprehensive Report by MRFR/Market Research Future (MRFR), “Pipe Laying Vessels Market Information by Type, Application, and Region - Forecast till 2030", According to MRFR’s projections, the market for bicycles will surge to reach USD 4,752.4 Million by 2030, at a steady rate of 9.2% from 2022 to 2030.
Pipe Laying Vessels Market Overview
The market for maritime vessels that are expertly constructed for the development and construction of subsea infrastructure is referred to as the pipe-laying vessels market. The vessels used for pipe laying acquire the objective by transporting a lift crane, tools for installing valves, pipe and pumps, and more. A marine vessel used in the construction of underwater infrastructure is referred to as a pipe-laying vessel. It offers to connect bids from major oil players with onshore refineries. In recent years, the global pipe laying vessels market has shown rapid growth. The rise in research and production activity is the main driver of the market's expansion.
Market Competitive Landscape:
The renowned companies in the pipe laying vessels industry are
Subsea 7 (London)
Allseas (US)
Tidewater Inc (US)
TechnipFMC Plc (New Castle)
Saipem (Milan)
Seacor Marine (Texas, US)
Van Oord (Netherlands)
Boskalis (Netherlands)
Hyundai Heavy Industries (South Korea)
Royal IHC (Netherlands)
Telford Offshore (UAE)
Leighton Offshore (Hing Kong)
Among others.
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Pipe Laying Vessels Market COVID 19 Analysis
Globally, the COVID-19 global health crisis has had a significant effect on the majority of industry sectors. Government-imposed travel limitations and social segregation standards have severely disrupted supply chain networks for the majority of market segments. Like all other market segments, the pipe laying vessel market has recently encountered a number of unforeseen difficulties.
Air transport and tourism are still being impacted globally by the pandemic. The rapid immunization rates around the world, on the other hand, have led to a return to normalcy in the economy and in business. Over the assessment timeframe, a significant increase in the market for pipeline-laying vessels is predicted.
EVolution Hybrid Hits the EV Great Brick Wall of Supply Chain Issues
In the fifth part of the EVolution Hybrid series, Levi Perkins, Perkins Electric Innovations and Jason Spiess, founder of The Crude Life, discuss the roadblock known as the supply chain. Mostly stemming from China’s market share and influence.
Perkins explains how the rare earth minerals and foreign imports have created a new issue in the economy. He specifically discusses the surge in EV Agriculture equipment.
Perkins attended a World Ag Show recently and was taken back by the number of EV Projects now existing in agriculture compared to last year.
“Last year at the show I do not recall any EV farm machinery or equipment,” Perkins said. “This year it’s all I can recall is the number of companies pitching EV services.”
Spiess specifically asks if this is policy driven rather than free market. Perkins believes so. The two discuss how the recent legislation has created a marketplace where dollars are directing who gets preferred treatment.
“Are these companies showcasing multiple EVs or are they showing a prototype and hoping for orders?” Spiess asked.
“Prototypes mostly that I could see,” Perkins said. “In my opinion, based on what I’ve seen and experienced, I do think the Agriculture market got and is getting preferential treatment with the supply chain right now.”
The two discussed the rationale from feeding the world to political posturing, thus pontificating whether the distribution channels would be next on the government EV priority list.
The conversation also dives into several examples of how smaller companies are having issue getting parts, information and access to the EV supply chain.
Click here for The Crude Life article
India’s Largest Oil and Gas Company Invests $12B in Renewables
Indian state-held oil and gas explorer, Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas producer in the country, is looking to boost its renewable energy portfolio and plans $12 billion in investment in green projects.
ONGC looks to have as much as 10,000 megawatts, or 10 GW, in its portfolio of operations by 2030, up from just 189 MW at the end of March, ONGC’s chairman Arun Kumar Singh said at a press conference on Monday, as carried by Bloomberg.
“India will continue to grow in fossil fuel demand until 2040, but at the same time we have to step up our efforts for green energy,” Singh said during the press briefing.
Click here for the entire Oil Price article
The Crude Life to Explain “Evils of ESG” at Energy Expo In Jackson Hole
Has ESG become a religion? Many believe it has and is trying to be. The Crude Life has interviewed dozens of experts who have plenty to say.
The Crude Life will be presenting comments and examples showcasing how the trilogy of Environmental Social Governance is on a slippery slope of becoming a trinity for the youth.
The Energy Exposition has educated tens of thousands of people in Gillette, Wyoming; Billings, Montana, and Loveland, Colorado, over the last 20 years on procedures, technology, safety, environmental practices, and equipment used in the oil and gas industry.
The serious work of producing and supplying energy to the United States and the rest of the world begins Tuesday morning, September 19th, with attendees and presenters gathering at the Snow King Events Center. Dr. Glen Murrell, the first Executive Director of the Wyoming Energy Authority, will open and welcome everyone to the event.
Exhibitors and Symposiasts represent a wide range of services, including but not limited to, exploration, production, downstream, and all phases of support to the oil and gas industry.
Wyoming produces 13 times more energy than it consumes, and it is the second-biggest net energy supplier among the states, after Texas.
Wyoming has been the top coal-producing state since 1986, accounting for about two-fifths of all coal mined in the United States in 2020. The state holds nearly two-fifths of U.S. coal reserves at producing mines.
Wyoming was the eighth-largest crude oil-producing state in the nation in 2021, accounting for slightly more than 2% of U.S. total crude oil output. The state was the ninth-largest natural gas producer, and accounted for about 3% of U.S. marketed gas production.
Wyoming’s large energy-producing sector and small population help make the state have the highest per capita energy consumption and the second-most energy-intensive state economy, after Louisiana.
Wind power in Wyoming has more than doubled since 2019 and accounted for 19% of the state’s electricity net generation in 2021. The amount of installed wind power-generating capacity in the state nearly doubled to just over 3,000 megawatts during 2020 and 2021.
As the marketing slogan goes, Wyoming is setting the stage on how to use all sources of energy.
To reserve Exhibit Space contact
Austin Jennings
239-898-3923
austin@energyexposition.com
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The Crude Life Daily Radio News & Lifestyle Update
Dr. Loren C. Scott, energy and economic expert, explains why Louisiana is the hot spot for many right now and how the state is competing with East Texas.
Click here for the exclusive, full length interview.
Loren C. Scott & Associates, Inc., is a 35-year old firm that provides economic consulting and public speaking services for a wide range of clients. Consulting activities include impact studies, forecasting services, analysis of policy proposals, and general economic analyses. Consulting clients include BP, ExxonMobil, Entergy Corporation, J. P. Morgan Chase, Capital One Financial, Nucor, Sasol, and a diversity of others. Our objective is to put together the very best team of associates to attack our client’s problems. Dr. Scott makes 50-70 presentations a year on the state of—and the outlook for—the economy and the energy sector in particular.
He is one of the 32-member National Business Economic Issues Council, which meets quarterly to discuss issues of state, national, and international interest. This group has experts who cover international trade, Washington economic policy, retail trade, trucking, steel, chemicals, etc. Dr. Scott is an energy specialist on the NBEIC. He has been appointed to the Economic Advisory Board of the U.S. Council on Competitiveness—a group made up of the CEOs of the Fortune 100, top university presidents, and presidents of three major unions.
He has been interviewed on MSNBC, CNBC, Bloomberg TV, and several local TV stations and his work has been cited in such publications as the Wall Street Journal, the Financial Times, USA Today, the Los Angeles Times and the Moscow Times, to name a few.
Dr. Loren C. Scott is President and founder of the firm. He was on the Economics Department faculty at Louisiana State University from 1969 to 1998, where he rose through the ranks from Assistant Professor to the holder of the Freeport-McMoran endowed Chair of Economics. He is presently Professor Emeritus of Economics at LSU.
Over the thirteen-year period from 1983-96, Dr. Scott was the chairman of the Economics Department at LSU. During that time, the Department’s ranking among the 3,000 economics departments in the U.S. rose from 101st to 38th. He received 7 awards at LSU for outstanding classroom teaching.
Dr. Scott is co-developer of the Louisiana econometric model, a model used for providing annual forecasts of the Louisiana economy, which are released each fall. He was a co-investigator on over $1 million in grant research at LSU and is the author of over 75 articles and technical reports in addition to reports written for consulting clients.
The Crude Life Daily Update has been running as a 3-minute news and lifestyle short on radio stations since 2011. In 2015 online podcast portals and news outlets were added to the list of distributors.
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Award winning interviewer and broadcast journalist Jason Spiess and Content Correspondents engage with the industry’s best thinkers, writers, politicians, business leaders, scientists, entertainers, community leaders, cafe owners and other newsmakers in one-on-one interviews and round table discussions.
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Southern Heat, Pipelines, India's New Investment and EVolution Hybrid Hits Supply Chain Wall