Oil & Gas in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). 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 hub price of crude oil. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the price of natural gas (Henry Hub spot price). The values represent the total revenues available to exploration and production companies from sales of crude oil and natural gas. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The UK oil & gas market had total revenues of $178.8 billion in 2022, representing a compound annual growth rate (CAGR) of 4.7% between 2017 and 2022.
- Market consumption volumes declined with a CAGR of -1.5% between 2017 and 2022, reaching 1 billion BoE in 2022.
- The UK captured a share of 9.3% share of the European oil & gas market in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the oil & gas market in the United Kingdom
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the oil & gas market in the United Kingdom
- 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 United Kingdom oil & gas market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Kingdom oil & gas market by value in 2022?
- What will be the size of the United Kingdom oil & gas market in 2027?
- What factors are affecting the strength of competition in the United Kingdom oil & gas market?
- How has the market performed over the last five years?
- Who are the top competitiors in the United Kingdom'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:
- Exxon Mobil Corporation
- Shell plc.
- BP Plc
- TotalEnergies S.E.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 56 |
| Published | June 2023 |
| Forecast Period | 2022 - 2027 |
| Estimated Market Value ( USD | $ 178.83 Billion |
| Forecasted Market Value ( USD | $ 211.86 Billion |
| Compound Annual Growth Rate | 3.4% |
| Regions Covered | United Kingdom |
