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The Oil & Gas Shutdown, Turnaround and Outage (STO) Services Market 2011-2021

This brand new energy report from Visiongain analyses the increasingly critical shutdown, turnaround and outage (STO) services market in depth, with key trends discussed and market forecasts from 2011-2021. Based on our research, global spending in 2011 on oil & gas STO services will total $13.17bn. We analyse, quantify and forecast the expected spending in the global STO services market over the period 2011-2021. These forecasts are underpinned by Visiongain' s oil & gas price forecasts and analysis of oil & gas demand.

This report offers in depth analysis of oil & gas STO services; one of the key components of the increasingly critical asset integrity and maintenance sector of the oil & gas industry. The impetus to reduce costs and enhance production, whilst minimising future downtime and HSE risks, will drive forward demand in the STO services market and lead to technological progression, all of which is outlined within this report.

The Oil & Gas Shutdown, Turnaround and Outage (STO) Services Market 2011-2021 analyses a wealth of data and introduces a clear analysis of how the market will develop based upon diverse factors and insight into the market, with both a SWOT assessment and PEST analysis underpinning this analysis. The various drivers and restraints of the market are assessed in order to provide readers with specific insights into the direction of the oil & gas STO services market in 2011.

How much will global spending on oil & gas STO services reach between 2011 and 2021? How will economic, political and technological factors influence the industry? Who are the leading companies in the oil & gas STO services sector? What are the opinions of key senior players in the STO services sector? These critical questions and many more are definitively answered in this comprehensive report.

Comprehensive analysis of the global STO services market

The Oil & Gas Shutdown, Turnaround and Outage (STO) Services Market 2011-2021 examines this sector critically with a comprehensive review of recent contracts, news reports, industry publications, market analysis and expert consultation. The report provides detailed sales forecasts for the global market; a strengths, weaknesses, opportunities and threats (SWOT) assessment; a political, economic, socio-cultural and technological (PEST) analysis; discussions of commercial and technological trends; cases studies of recent developments in the sector; and assessments of market drivers and restraints. This report also includes transcripts of in-depth interviews with industry experts. This package of analyses cannot be obtained anywhere else.

The report draws on a rich combination of primary and secondary research, interviews, official corporate and governmental announcements, media reports, policy documents, industry statements and an extensive consultation of expert opinion.

Why you should buy The Oil & Gas Shutdown, Turnaround and Outage (STO) Services Market 2011-2021?

The main benefits from purchasing this report:

  • You will gain an understanding of the oil & gas STO services market and learn how it will change over the next decade, with detailed global sales forecasts from 2011 to 2021.
  • You will receive a SWOT assessment for strengths, weaknesses, opportunities and threats for the oil & gas drilling products and services market from 2011-2021.
  • You will access in depth coverage of political, economic, socio-cultural and technological factors influencing the STO market from 2011-2021.
  • You will be able to study over 20 tables, charts and graphs quantifying the oil & gas STO services market in detail.
  • You will have case studies of recent developments in the STO services industry.
  • You will gain knowledge of who the leading players are within the oil & gas STO services marketplace.
  • You will read five original interviews, from experts within the oil & gas STO services sector. This includes expert views from -
  • Kentz Engineers and Constructors - a leading oil & gas EPC firm.
  • IBM - the world' s largest computer company who provide enterprise asset management (EAM) systems used within STO.
  • ClickSoftware - who provide a range of ERP planning tools for STO applications.
  • ISAB Refinery - one of Italy' s largest oil refineries.
  • The Marshall-Teichert Group - an industrial management consultancy company focusing largely on the oil & gas sector.

Anybody with an interest in the oil & gas industry should gain valuable information and insight from this new study by Visiongain, which analyses one of the most important components of the oil & gas industry. The oil & gas STO services market is a dynamic, vibrant sector that is undergoing broad shifts and becoming increasingly critical in oil & gas operations.

Gain an understanding of how to tap into the huge potential of this exciting market by ordering today in The Oil & Gas Shutdown, Turnaround and Outage (STO) Services Market 2011-2021.

Table of Contents

1. Executive Summary

  • 1.1 Introduction to the Oil & Gas STO Services Market
  • 1.2 The Global Oil & Gas STO Services Market
  • 1.3 Market Drivers
  • 1.4 Market Restraints

2. Introduction to the Oil & Gas STO Services Market

  • 2.1 Shutdowns, Turnarounds and Outages (STOs)
  • 2.2 Shutdown and Turnaround Planning
  • 2.3 Maintenance and Refurbishment
  • 2.4 Emergency Shutdowns
  • 2.5 Consequences of Unplanned Outages

3. The Global Oil & Gas Shutdown, Turnaround and Outage (STO) Services Market

  • 3.1 Global Market Size and Projected Growth
    • 3.1.1 Drivers and Restraints in the Oil & Gas Shutdown, Turnaround and Outage (STO) Services Market
  • 3.2 Market Drivers
    • 3.2.1 Curtailing Costs and Capital Shortages
    • 3.2.2 Growing Oil & Gas Demand
    • 3.2.3 High Oil & Gas Price Scenario
    • 3.2.4 Increased Emphasis on Improving Health, Safety and Environment (HSE) Standards
    • 3.2.5 Ageing Oil & Gas Infrastructure
    • 3.2.6 New On Stream Refineries and Platforms
    • 3.2.7 New Fuel Types and Other Technological Improvements
  • 3.3 Market Restraints
    • 3.3.1 Budget Constraints
    • 3.3.2 Low Oil & Gas Price Scenario
    • 3.3.3 Culture of Conservatism / Lack of Awareness
    • 3.3.4 Engineers and Skilled Employee Shortage
    • 3.3.5 Seasonal Demand and Subsequent Shortages

4. SWOT Assessment of the Oil & Gas STO Services Market 2011-2021

  • 4.1 Strengths
    • 4.1.1 A High Priority Sector in the Oil & Gas Industry
    • 4.1.2 Increased Industry Emphasis on Health, Safety and Environment Standards (HSE)
    • 4.1.3 High Demand for Oil & Gas STO Services
    • 4.1.4 Improving Technology and Performances
    • 4.1.5 STO Desirability Due to Rising Design and Construction Costs
  • 4.2 Weaknesses
    • 4.2.1 High Cost of STOs
    • 4.2.2 Time Constraints
    • 4.2.3 Logistically Problematic
    • 4.2.4 Increasing Complexity
    • 4.2.5 Oil & Gas Price Volatility
    • 4.2.6 Reliability Issues
  • 4.3 Opportunities
    • 4.3.1 Upgrading and Retro-Fitting Plants
    • 4.3.2 New Industry Regulations
    • 4.3.3 New Technologies
  • 4.4 Threats
    • 4.4.1 Extreme Weather Conditions
    • 4.4.2 Catastrophic Incidents
    • 4.4.3 Shortage of Skilled Personnel

5. PEST Analysis of the Oil & Gas Services Market 2011-2021

  • 5.1 Political Factors
    • 5.1.1 Industry Regulation
    • 5.1.2 Political Instability in Certain Nations
    • 5.1.3 Political Protest Targeted at the Oil & Gas Sector
  • 5.2 Economic Factors
    • 5.2.1 Interest Rates
    • 5.2.2 High Inflation Rates and a Weak Dollar
    • 5.2.3 Low Oil & Gas Price Scenario
  • 5.3 Socio-Cultural Factors
    • 5.3.1 Public Attitudes Towards the Oil & Gas Industry
    • 5.3.2 Language Barriers
    • 5.3.3 Shortage of Engineering Students
    • 5.3.4 Brain Drain
  • 5.4 Technological Factors
    • 5.4.1 R&D into Technologies
    • 5.4.2 Technologies Improving Performance and Safety
  • 5.4.3 Culture of Conservatism and Reluctance to Adopt New Technologies

6. STO Case Studies

  • 6.1 IBM and Statoil, Norwegian North Sea
  • 6.2 TNK-BP, Ryazan Refinery, Russia
  • 6.3 Shell Canada, Muskeg River Mine and Scotford Upgrader, Alberta
  • 6.4 Neste Oil Corporation, Porvoo Refinery, Finland
  • 6.5 Asset Integrity Management of Ageing Offshore Infrastructure in the UKCS

7. Expert Opinion

  • 7.1 Kentz Engineers and Constructors
    • 7.1.1 STO Industry Trends
    • 7.1.2 Major Challenges in the STO Sector
    • 7.1.3 Differences in STOs Conducted by NOCs and IOCs
    • 7.1.4 Drivers in the STO Services Sector
    • 7.1.5 External Factors Shaping the STO Sector
    • 7.1.6 Technologies Shaping the Market
  • 7.2 IBM
    • 7.2.1 IBM' s STO Solutions
    • 7.2.2 Trends in Software Solutions for STOs in 2011
    • 7.2.3 How Companies are Responding to Changes in the Way STOs are Conducted
    • 7.2.4 Market Drivers for STO Software Solutions
    • 7.2.5 Market Restraints for STO Software Solutions
    • 7.2.6 Software Development in Future Years
  • 7.3 ClickSoftware
    • 7.3.1 ClickSoftware Solutions for Shutdowns, Turnarounds and Outages (STOs)
    • 7.3.2 Predictions for the Oil & Gas STO Sector in 2011
    • 7.3.3 Technological Developments in the STO Sector
    • 7.3.4 Major Challenges in the Oil & Gas STO Industry
    • 7.3.5 Does Reducing Cost Affect Safety Levels
    • 7.3.6 Potential Pitfalls in Software Solutions for STOs
    • 7.3.7 Regional Uptake in Software for STOs
  • 7.4 ISAB Refinery
    • 7.4.1 Expectations for STOs in 2011
    • 7.4.2 Benefits of High Standard STOs
    • 7.4.3 Major Challenges Faced in the STO Sector
    • 7.4.4 New Technologies in the STO Sector
  • 7.5 The Marshall-Teichert Group
    • 7.5.1 Trends in the Oil & Gas STO Sector
    • 7.5.2 Market Drivers and Restraints Affecting the STO Services Industry
    • 7.5.3 Predictions for 2011 and Challenges in the STO Services Industry in 2011
    • 7.5.4 External Influences on the STO Services Industry
    • 7.5.5 Major Challenges in the STO Services Industry

8. Leading Oil & Gas STO Services Companies

  • 8.1 ABB
  • 8.2 Aggreko
  • 8.3 AltairStrickland
  • 8.4 AMEC
  • 8.5 AP-Networks
  • 8.6 Aquilex
  • 8.7 BJ Services
  • 8.8 CEDA International
  • 8.9 DNV
  • 8.10 Flint Energy Services
  • 8.11 Fluor Corporation
  • 8.12 Foster Wheeler
  • 8.13 FT Services
  • 8.14 Furmanite
  • 8.15 GE Oil & Gas
  • 8.16 Honeywell
  • 8.17 ICS Triplex
  • 8.18 InServ USA
  • 8.19 Jacobs Engineering Group
  • 8.20 KBC
  • 8.21 KBR
  • 8.22 Kentz Engineers and Constructors
  • 8.23 Matrix Service Company
  • 8.24 Neptune Marine Services
  • 8.25 Nooter Corporation
  • 8.26 Oceaneering
  • 8.27 PCA Consulting
  • 8.28 Siemens
  • 8.29 Subsea 7
  • 8.30 Technip
  • 8.31 The Marshall Teichert Group (MTG)
  • 8.32 The Turnaround Management Company
  • 8.33 The Woodhouse Partnership
  • 8.34 ThyssenKrupp Services
  • 8.35 Timec
  • 8.36 Transfield Services
  • 8.37 TUV SUD
  • 8.38 Velosi Group
  • 8.39 Zachry
  • 8.40 STO Software Specialists
    • 8.40.1 IBM
    • 8.40.2 Oracle Corporation (Primavera)
    • 8.40.3 SAP
    • 8.40.4 Mahindra Satyam
    • 8.40.5 Invensys
    • 8.40.6 ClickSoftware

9. Conclusions

  • 9.1 The Oil & Gas STO Services Market
  • 9.2 Strengths, Weaknesses, Opportunities and Threats (SWOT)
  • 9.3 Political, Economic, Socio-Cultural and Technological (PEST) Factors
  • 9.4 Final Conclusion

10. Glossary

List of Tables

  • Table 2.1 Major Refinery Turnaround Timeline
  • Table 2.2 Typical Maintenance and Improvement Activities During a Refinery Turnaround
  • Table 3.1 Global Oil & Gas STO Services Market Forecast 2011-2021 ($m, AGR %)
  • Table 3.2 Global Oil & Gas STO Services Market Forecast CAGR (%) 2011-2021, 2011-2016, and 2016-2021
  • Table 3.3 Drivers and Restraints in the Oil & Gas STO Services Market
  • Table 4.1 SWOT Assessment of Oil & Gas STO Services Market 2011-2021
  • Table 4.2 Catastrophic Incidents During Routine Maintenance in the Oil & Gas Industry
  • Table 5.1 PEST Analysis of Oil & Gas STO Services Market 2011-2021
  • Table 5.2 Technologies Shaping the Oil & Gas STO Services Market: Predictive Maintenance (PdM)
  • Table 5.3 Technologies Shaping the Oil & Gas STO Services Market: Enterprise Software Solutions
  • Table 5.4 Technologies Shaping the Oil & Gas STO Services Market: Virtual Reality Training

List of Figures

  • Figure 3.1 Global Oil & Gas STO Services Market Forecast 2011-2021 ($m)
  • Figure 3.2 OECD vs. Non-OECD Natural Gas Consumption Forecast 2007-2035 (Trillion ft3)
  • Figure 3.3 OECD vs. Non-OECD Crude Oil Consumption Forecast 2007-2035 (Million Bpd)
  • Figure 3.4 Global Crude Oil Production and Consumption 2000-2011 (Million Bpd)
  • Figure 3.5 Crude Oil Price Forecast 2010-2020 ($ per barrel)
  • Figure 3.6 Natural Gas Price Forecast 2010-2021 (Composite Wellhead, $ per million ft3)
  • Figure 3.7 US Refinery Capacity and Utilisation 1949-2009 (Operable Refineries / %)
  • Figure 3.8 Global Petroleum Refinery Capacity 2000-2009 (Million Bpd)
  • Figure 3.9 Total, Male and Female Engineering Qualifications as % of All Qualifications in the Labour Force in OECD Europe, 2003-2006

Companies Mentioned in this Report

  • ABB
  • Abu Dhabi National Oil Company (ADNOC)
  • Afren
  • Aggreko
  • AltairStrickland
  • AMEC
  • Asset Performance Networks (AP-Networks)
  • Aquilex
  • Baker Hughes
  • Bayer
  • Berwanger
  • BJ Services
  • BP
  • CEDA International
  • Celanese
  • Chevron
  • CITGO
  • ClickSoftware
  • Collaboration, Management and Control Solutions (CMCS)
  • ConocoPhillips
  • Delta Nooter
  • Diamond Shamrock Refining and Marketing Company
  • Det Norske Veritas (DNV)
  • Dow
  • Dresser Masoneilan
  • DuPont
  • Edison Mission Energy
  • Enbridge
  • ERG Petroli
  • Ernst & Young
  • Eurotherm
  • ExxonMobil
  • Flint Energy Services
  • Fluor Corporation
  • Foster Wheeler
  • Foxboro
  • FT Services
  • Furmanite
  • GE Oil & Gas
  • Goldman Sachs
  • Hess
  • Honeywell
  • Hovensa
  • HydroChem
  • IBM
  • ICS Triplex
  • IHS CERA
  • InServ USA
  • Invensys
  • Invista
  • Jacobs Engineering Group
  • KBC
  • KBR
  • Kentz Engineers and Constructors
  • Mahindra Satyam
  • Matrix Service Company
  • Monsanto
  • National Iranian Oil Company (NIOC)
  • Neptune Marine Services
  • Neste Oil Corporation
  • Nooter Construction
  • Nooter Corporation
  • Occidental Petroleum
  • Oceaneering
  • Oil & Gas Skills (OGS)
  • Oil and Natural Gas Corporation (ONGC)
  • Oracle Corporation
  • Performance Consulting Associates (PCA Consulting)
  • Petrobras
  • Petroleos de Venezuela (PdVSA)
  • Petronas
  • Primavera Systems
  • Repsol YPF
  • RMF Nooter
  • SAP
  • Sasol
  • Shell
  • Shell Canada
  • Siemens
  • Siemens Oil & Gas Consulting
  • Statoil
  • Subsea 7
  • Suncor
  • Technip
  • Tesoro Corporation
  • The Marshall Teichert Group (MTG)
  • The Turnaround Management Company
  • The Woodhouse Partnership
  • ThyssenKrupp
  • ThyssenKrupp Services
  • Timec
  • TNK-BP
  • Total
  • Transfield Services
  • Transocean
  • TUV SUD
  • Valero
  • Velosi Group
  • Willbros Group
  • Wonderware
  • Wyatt Field Service Company
  • Zachry

Government Agencies and Other Organisations Mentioned in This Report

  • Energy Information Administration (EIA)
  • European Union (EU)
  • IHS CERA (Cambridge Energy Research Associates)
  • Industrial Safety Training Council (ISTC)
  • Movement for the Emancipation of the Niger Delta (MEND)
  • National Petrochemical and Refiners Association (NPRA)
  • Occupational Safety and Health Administration (OSHA)
  • The Confederation of British Industry (CBI)
  • The Organisation of Petroleum Exporting Countries (OPEC)
  • The Society of Petroleum Engineers (SPE)
  • The UK Health and Safety Executive
  • United Nations (UN)
  • United Nations Educational, Scientific and Cultural Organization (UNESCO)
  • US Federal Reserve Bank
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