Oil & Gas in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the average retail price of gasoline and diesel taken together. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the retail price of natural gas.
- The Saudi Arabian oil & gas market recorded revenues of $98.5 billion in 2023, representing a compound annual growth rate (CAGR) of 0.2% between 2018 and 2023.
- Market consumption volumes declined with a negative CAGR of 2.1% between 2018 and 2023, to reach a total of1.60 billion BoE in 2023.
- The Saudi Arabian government is investing in new oil supply and expanding its oil infrastructure to meet global energy demand. Saudi Arabia is driving a global investment plan to increase demand for its oil and gas in developing countries. The oil demand sustainability programme (ODSP) is overseen by Saudi Arabia's crown prince Mohammed bin Salman and involves major organizations like the Public Investment Fund, Aramco, Sabic, and the government's ministries.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in Saudi Arabia
- Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia oil & gas market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Saudi Arabia oil & gas market by value in 2023?
- What will be the size of the Saudi Arabia oil & gas market in 2028?
- What factors are affecting the strength of competition in the Saudi Arabia oil & gas market?
- How has the market performed over the last five years?
- Who are the top competitors in Saudi Arabia's oil & gas market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Saudi Arabian Oil Company
- Exxon Mobil Corporation
- BP Plc
