Saudi Arabia Oil and Gas Pipeline Maintenance Market Future Prospects
- The Saudi Arabian oil and gas pipeline maintenance market will generate an estimated revenue of USD 105.0 million in 2024, which is expected to witness a CAGR of 4.8% during 2024–2030, to reach USD 139.3 million by 2030. The proper functioning of pipelines throughout the network, by preventing leaks and disruption, is essential.
- Saudi Arabia is the second-largest producer of oil and gas in the world. In 2022, its average hydrocarbon production was 13.6 mmbpd, including 11.5 mmbpd of crude oil.
- In 2022, Aramco released a large contract for 1.6 million metric tonnes of 56-inch non-sour surface pipes for the Master Gas System III project. Aramco will be able to move gas from East to West Saudi Arabia with the assistance of the new pipelines. For the carbon capture and storage (CCS) system, which will use 400–500 thousand metric tonnes of piping to move all the carbon emissions collected from the ground, the oil & gas major will need extra pipes. Over the next two years, Aramco plans to purchase between 2.1 and 2.2 million metric tonnes overall.
- The ongoing exploration and production projects in different provinces of Saudi Arabia and new collaborations are expected to influence the market growth positively.


