Oil and Gas Infrastructure Market Report 2026

The oil and gas infrastructure market size has grown strongly in recent years. It will grow from $798.89 billion in 2025 to $862.99 billion in 2026 at a compound annual growth rate (CAGR) of 8%. The growth in the historic period can be attributed to growth in global oil and gas production, expansion of refining capacity, rising demand for fuel transportation, investments in pipeline networks, development of export terminals.

The oil and gas infrastructure market size is expected to see strong growth in the next few years. It will grow to $1.18 trillion in 2030 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increasing lng trade volumes, rising offshore field developments, focus on energy security infrastructure, investments in resilient supply chains, modernization of downstream infrastructure. Major trends in the forecast period include expansion of pipeline and storage infrastructure, rising investments in lng and export terminals, modernization of aging oil and gas assets, increasing focus on midstream capacity expansion, growth of offshore infrastructure development.

The rising demand for natural gas is expected to drive the growth of the oil and gas infrastructure market in the coming years. Natural gas is a colorless and odorless fossil fuel composed of one carbon atom and four hydrogen atoms (CH₄ or methane) and is considered the cleanest fossil fuel. Growing global natural gas demand is increasing production levels, which in turn requires the development of additional infrastructure for efficient transportation, storage, and distribution. Natural gas infrastructure development supports energy security by ensuring reliable supply, optimizing distribution networks, and facilitating cleaner energy transitions. For example, in May 2024, the European Commission reported that natural gas demand in 2023 rose compared to 2022 in Finland (+25.6%), Sweden (+11.1%), Poland (+5.3%), Malta (+4.5%), Denmark (+1.1%), and Croatia (+0.8%). Consequently, the rising demand for natural gas is fueling the growth of the oil and gas infrastructure market.

Companies within the oil and gas infrastructure market are placing increased emphasis on product innovation to cater to customer needs effectively. This focus includes the development of intelligent architecture and Exploration & Production (E&P) solutions that integrate cutting-edge technologies and data analytics into the oil and gas industry's systems. Huawei Technologies Co. Ltd., for example, launched intelligent architecture and E&P solutions in September 2023. These solutions incorporate high-performance computing, large-scale data storage, and AI models for exploration, optimizing the research and development processes for oil and gas companies through advanced technologies such as cloud computing and AI.

In August 2025, Hazoor Multi Projects Ltd. (HMPL), an India-based engineering and construction services provider specializing in infrastructure development, acquired Quippo Oil and Gas Infrastructure for an undisclosed amount. Through this acquisition, HMPL aimed to strengthen its presence in the energy infrastructure sector by adding oil and gas pipeline, EPC, and related services to its portfolio, expanding its industry reach and customer base. Quippo Oil and Gas Infrastructure Limited is an India-based company providing engineering, procurement, and construction (EPC) services for the oil and gas industry, specializing in pipeline installation, hydrocarbon infrastructure, and related project execution.

Major companies operating in the oil and gas infrastructure market are NGL Energy Partners LP, Centrica PLC, Kinder Morgan Inc., Schlumberger Limited, Royal Vopak NV, Shell PLC, Exxon Mobil Corporation, Baker Hughes Company, Chevron Corporation, TotalEnergies SE, ConocoPhillips Company, British Petroleum PLC, Energy Transfer LP, Marathon Oil Corporation, Occidental Petroleum Corporation, Hatch Ltd., Aker Solutions ASA, Subsea 7 S.A., Saipem S.p.A., Fluor Corporation, KBR Inc., WorleyParsons Limited, Bechtel Corporation, CH2M Hill Companies Ltd., SNC-Lavalin Group Inc., Petrofac Limited, Chicago Bridge & Iron Company N.V., Shawcor Ltd., The Shaw Group Inc., Foster Wheeler AG.

Europe was the largest region in the oil and gas infrastructure market in 2025. The regions covered in the oil and gas infrastructure market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the oil and gas infrastructure market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The oil and gas infrastructure market consists of sales of oil and gas-related products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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