Oil & Gas

• The worldwide oil and gas EPC market was worth US$ 44.70 billion in 2021 and is expected to be worth US$ 62.34 billion by 2027, with a CAGR of 5.40 percent.
• In 2021, Asia Pacific was the biggest region in the oil and gas sector. North America was the second-largest oil and gas market region.
• Major oil and gas businesses are investigating big data analytics and artificial intelligence (AI) to improve decision-making powers and hence boost revenues.