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There are xx businesses in the Petroleum & Natural Gas Support Services industry in the UK, which is expected to grow at xx% over the next five years. This industry provides oil and gas well services on a fee or contract basis to firms that extract oil and gas. This includes traditional prospecting methods such as geological observations, and invasive work such as directional drilling, re-drilling, test drilling, spudding and derrick erection and maintenance. It also incorporates draining and pumping services and the liquefaction and regasification of gas for transportation.
Curious about what drives these trends? IBISWorld's Petroleum & Natural Gas Support Services in the UK industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Demolition & Site Preparation in Europe |
|
XX% | XX% | $XX |
| Hard Coal Mining in Europe |
|
XX% | XX% | $XX |
| Crude Petroleum & Natural Gas Extraction in Europe |
|
XX% | XX% | $XX |
| Site Preparation in Europe |
|
XX% | XX% | $XX |
| Mining Support Services in Australia |
|
XX% | XX% | $XX |
| Petroleum & Natural Gas Support Activities in the UK |
|
XX% | XX% | $XX |
| Global Oil & Gas Exploration & Production |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 6,006 Petroleum & Natural Gas Support Services in the UK businesses as of 2024, an increase of 5.1% from 2023.
The number of Petroleum & Natural Gas Support Services in the UK businesses has grown 9.0% per year on average over the five years between 2019 and 2024.
See our full analysis of the Petroleum & Natural Gas Support Services in the UK to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Petroleum & Natural Gas Support Services in the UK has moderate market share concentration and the largest business is TechnipFMC plc.