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Oil Gas EPC Market to Surpass USD 82.5 Billion by 2032 Amid Global Energy Expansion
https://dataintelo.com/report/oil-gas-epc-market
The global Oil Gas EPC Market is projected to reach USD 82.5 billion by 2032, growing from USD 50.3 billion in 2023, at a CAGR of 5.7% during the forecast period. This growth is driven by rising global energy demand, offshore exploration activities, and investments in refinery infrastructure.

Engineering, Procurement, and Construction (EPC) services are vital in the oil and gas value chain, offering turnkey project execution across upstream, midstream, and downstream segments. These services ensure cost-efficient, timely, and safe project delivery.
Oil Gas EPC Market to Surpass USD 82.5 Billion by 2032 Amid Global Energy Expansion https://dataintelo.com/report/oil-gas-epc-market The global Oil Gas EPC Market is projected to reach USD 82.5 billion by 2032, growing from USD 50.3 billion in 2023, at a CAGR of 5.7% during the forecast period. This growth is driven by rising global energy demand, offshore exploration activities, and investments in refinery infrastructure. Engineering, Procurement, and Construction (EPC) services are vital in the oil and gas value chain, offering turnkey project execution across upstream, midstream, and downstream segments. These services ensure cost-efficient, timely, and safe project delivery.
DATAINTELO.COM
Oil and Gas EPC Market Report | Global Forecast From 2025 To 2033
The global Oil and Gas Engineering, Procurement, and Construction (EPC) market size was valued at approximately $57.8 billion in 2023 and is projected to reach $83.6 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.2% during the forecast period.
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