Insight
| |
8 Pages

Outlook for the LNG EPC sector  

Outlook for the LNG EPC sector  

Report summary

The LNG EPC sector's capacity is set to peak in 2015 when the waves of LNG construction climax in Australia and North America. New entrants have also entered the sector, historically dominated by only five incumbent contractors.

But the construction boom will soon come to an end – we forecast a drop in LNG construction beginning outside North America in 2015, and extending to within North America from 2019. Ample spare EPC capacity and a greater number of contractors will be competing in a drastically diminished market. This will lead to significant competitive pressure on contractors to accept reduced margins and more onerous terms, and downsize their LNG teams. Contractors' bottom lines will be increasingly affected, with some contractors better placed than others to weather to storm.

What's included?

This report includes 1 file(s)

  • Outlook for the LNG EPC sector PDF - 349.84 KB 8 Pages, 1 Tables, 4 Figures

Description

This LNG Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

If you want to look at the trends, risks and implications of this topic, this report gives you an alternative point of view to help inform your decision making.

Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry.

We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.

  • Executive summary
  • Introduction
  • EPC players
  • Barriers to entry have been high…
  • …but US LNG is enabling more new entrants
  • Competitive tension to rise as workflow falls, beginning outside North America

In this report there are 5 tables or charts, including:

  • Executive summary
  • Introduction
  • EPC players
    • Figure 1. EPC market share
    • Outlook for the LNG EPC sector : Image 2
    • Figure 2. LNG EPC market share over time
  • Barriers to entry have been high…
  • …but US LNG is enabling more new entrants
  • Competitive tension to rise as workflow falls, beginning outside North America
    • Figure 3. Forecast LNG workflow – including pre-FID projects
    • Outlook for the LNG EPC sector : Table 1
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

You may also be interested in

Our clients

Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...