Global Oil Gas Risk Management Market Research Report 2023

No industry is devoid of risk and the Oil and Gas industry is not an exception either. Companies invested in the business of oil and gas face their own unique set of risks, be it natural, manmade or inherent in their daily operations. Risk management solutions for the oil and gas business vary in general with the environment of business, the stakeholders and the nature of operations. Efficient risk management solutions not only need to be tailor made according to the industry but also to the specific business environment being faced. Project risk management is an integral part of any project in the oil and gas business. Companies providing risk management services need not only identify major risks in the business but also communicate risk management solutions in an effective manner. Risks when not managed diligently can have dire consequences on any Oil and Gas Company’s balance sheet. 

The global Oil Gas Risk Management market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Oil Gas Risk Management is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Oil Gas Risk Management is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Oil Gas Risk Management in Oil is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Oil Gas Risk Management include ABS Group, Tullow Oil Plc, Intertek Group Plc, RiskWatch International, DNV GL AS, Risktec, CCIG, Wipro Limited and CGE Risk, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Oil Gas Risk Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Oil Gas Risk Management.

The Oil Gas Risk Management market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Oil Gas Risk Management market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Oil Gas Risk Management companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Oil Gas Risk Management Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Initial Risk Management

1.2.3 Residual Risk Management

1.3 Market by Application

1.3.1 Global Oil Gas Risk Management Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Oil

1.3.3 Gas

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Oil Gas Risk Management Market Perspective (2018-2029)

2.2 Oil Gas Risk Management Growth Trends by Region

2.2.1 Global Oil Gas Risk Management Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Oil Gas Risk Management Historic Market Size by Region (2018-2023)

2.2.3 Oil Gas Risk Management Forecasted Market Size by Region (2024-2029)

2.3 Oil Gas Risk Management Market Dynamics

2.3.1 Oil Gas Risk Management Industry Trends

2.3.2 Oil Gas Risk Management Market Drivers

2.3.3 Oil Gas Risk Management Market Challenges

2.3.4 Oil Gas Risk Management Market Restraints

3.1 Global Top Oil Gas Risk Management Players by Revenue

3.1.1 Global Top Oil Gas Risk Management Players by Revenue (2018-2023)

3.1.2 Global Oil Gas Risk Management Revenue Market Share by Players (2018-2023)

3.2 Global Oil Gas Risk Management Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Oil Gas Risk Management Revenue

3.4 Global Oil Gas Risk Management Market Concentration Ratio

3.4.1 Global Oil Gas Risk Management Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Oil Gas Risk Management Revenue in 2022

3.5 Oil Gas Risk Management Key Players Head office and Area Served

3.6 Key Players Oil Gas Risk Management Product Solution and Service

3.7 Date of Enter into Oil Gas Risk Management Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Oil Gas Risk Management Historic Market Size by Type (2018-2023)

4.2 Global Oil Gas Risk Management Forecasted Market Size by Type (2024-2029)

5.1 Global Oil Gas Risk Management Historic Market Size by Application (2018-2023)

5.2 Global Oil Gas Risk Management Forecasted Market Size by Application (2024-2029)

6.1 North America Oil Gas Risk Management Market Size (2018-2029)

6.2 North America Oil Gas Risk Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Oil Gas Risk Management Market Size by Country (2018-2023)

6.4 North America Oil Gas Risk Management Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Oil Gas Risk Management Market Size (2018-2029)

7.2 Europe Oil Gas Risk Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Oil Gas Risk Management Market Size by Country (2018-2023)

7.4 Europe Oil Gas Risk Management Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Oil Gas Risk Management Market Size (2018-2029)

8.2 Asia-Pacific Oil Gas Risk Management Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Oil Gas Risk Management Market Size by Region (2018-2023)

8.4 Asia-Pacific Oil Gas Risk Management Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Oil Gas Risk Management Market Size (2018-2029)

9.2 Latin America Oil Gas Risk Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Oil Gas Risk Management Market Size by Country (2018-2023)

9.4 Latin America Oil Gas Risk Management Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Oil Gas Risk Management Market Size (2018-2029)

10.2 Middle East & Africa Oil Gas Risk Management Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Oil Gas Risk Management Market Size by Country (2018-2023)

10.4 Middle East & Africa Oil Gas Risk Management Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 ABS Group

11.1.1 ABS Group Company Detail

11.1.2 ABS Group Business Overview

11.1.3 ABS Group Oil Gas Risk Management Introduction

11.1.4 ABS Group Revenue in Oil Gas Risk Management Business (2018-2023)

11.1.5 ABS Group Recent Development

11.2 Tullow Oil Plc

11.2.1 Tullow Oil Plc Company Detail

11.2.2 Tullow Oil Plc Business Overview

11.2.3 Tullow Oil Plc Oil Gas Risk Management Introduction

11.2.4 Tullow Oil Plc Revenue in Oil Gas Risk Management Business (2018-2023)

11.2.5 Tullow Oil Plc Recent Development

11.3 Intertek Group Plc

11.3.1 Intertek Group Plc Company Detail

11.3.2 Intertek Group Plc Business Overview

11.3.3 Intertek Group Plc Oil Gas Risk Management Introduction

11.3.4 Intertek Group Plc Revenue in Oil Gas Risk Management Business (2018-2023)

11.3.5 Intertek Group Plc Recent Development

11.4 RiskWatch International

11.4.1 RiskWatch International Company Detail

11.4.2 RiskWatch International Business Overview

11.4.3 RiskWatch International Oil Gas Risk Management Introduction

11.4.4 RiskWatch International Revenue in Oil Gas Risk Management Business (2018-2023)

11.4.5 RiskWatch International Recent Development

11.5 DNV GL AS

11.5.1 DNV GL AS Company Detail

11.5.2 DNV GL AS Business Overview

11.5.3 DNV GL AS Oil Gas Risk Management Introduction

11.5.4 DNV GL AS Revenue in Oil Gas Risk Management Business (2018-2023)

11.5.5 DNV GL AS Recent Development

11.6 Risktec

11.6.1 Risktec Company Detail

11.6.2 Risktec Business Overview

11.6.3 Risktec Oil Gas Risk Management Introduction

11.6.4 Risktec Revenue in Oil Gas Risk Management Business (2018-2023)

11.6.5 Risktec Recent Development

11.7 CCIG

11.7.1 CCIG Company Detail

11.7.2 CCIG Business Overview

11.7.3 CCIG Oil Gas Risk Management Introduction

11.7.4 CCIG Revenue in Oil Gas Risk Management Business (2018-2023)

11.7.5 CCIG Recent Development

11.8 Wipro Limited

11.8.1 Wipro Limited Company Detail

11.8.2 Wipro Limited Business Overview

11.8.3 Wipro Limited Oil Gas Risk Management Introduction

11.8.4 Wipro Limited Revenue in Oil Gas Risk Management Business (2018-2023)

11.8.5 Wipro Limited Recent Development

11.9 CGE Risk

11.9.1 CGE Risk Company Detail

11.9.2 CGE Risk Business Overview

11.9.3 CGE Risk Oil Gas Risk Management Introduction

11.9.4 CGE Risk Revenue in Oil Gas Risk Management Business (2018-2023)

11.9.5 CGE Risk Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Oil Gas Risk Management Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Initial Risk Management

    Table 3. Key Players of Residual Risk Management

    Table 4. Global Oil Gas Risk Management Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 5. Global Oil Gas Risk Management Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Oil Gas Risk Management Market Size by Region (2018-2023) & (US$ Million)

    Table 7. Global Oil Gas Risk Management Market Share by Region (2018-2023)

    Table 8. Global Oil Gas Risk Management Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 9. Global Oil Gas Risk Management Market Share by Region (2024-2029)

    Table 10. Oil Gas Risk Management Market Trends

    Table 11. Oil Gas Risk Management Market Drivers

    Table 12. Oil Gas Risk Management Market Challenges

    Table 13. Oil Gas Risk Management Market Restraints

    Table 14. Global Oil Gas Risk Management Revenue by Players (2018-2023) & (US$ Million)

    Table 15. Global Oil Gas Risk Management Market Share by Players (2018-2023)

    Table 16. Global Top Oil Gas Risk Management Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Oil Gas Risk Management as of 2022)

    Table 17. Ranking of Global Top Oil Gas Risk Management Companies by Revenue (US$ Million) in 2022

    Table 18. Global 5 Largest Players Market Share by Oil Gas Risk Management Revenue (CR5 and HHI) & (2018-2023)

    Table 19. Key Players Headquarters and Area Served

    Table 20. Key Players Oil Gas Risk Management Product Solution and Service

    Table 21. Date of Enter into Oil Gas Risk Management Market

    Table 22. Mergers & Acquisitions, Expansion Plans

    Table 23. Global Oil Gas Risk Management Market Size by Type (2018-2023) & (US$ Million)

    Table 24. Global Oil Gas Risk Management Revenue Market Share by Type (2018-2023)

    Table 25. Global Oil Gas Risk Management Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 26. Global Oil Gas Risk Management Revenue Market Share by Type (2024-2029)

    Table 27. Global Oil Gas Risk Management Market Size by Application (2018-2023) & (US$ Million)

    Table 28. Global Oil Gas Risk Management Revenue Market Share by Application (2018-2023)

    Table 29. Global Oil Gas Risk Management Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 30. Global Oil Gas Risk Management Revenue Market Share by Application (2024-2029)

    Table 31. North America Oil Gas Risk Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 32. North America Oil Gas Risk Management Market Size by Country (2018-2023) & (US$ Million)

    Table 33. North America Oil Gas Risk Management Market Size by Country (2024-2029) & (US$ Million)

    Table 34. Europe Oil Gas Risk Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. Europe Oil Gas Risk Management Market Size by Country (2018-2023) & (US$ Million)

    Table 36. Europe Oil Gas Risk Management Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Asia-Pacific Oil Gas Risk Management Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Asia-Pacific Oil Gas Risk Management Market Size by Region (2018-2023) & (US$ Million)

    Table 39. Asia-Pacific Oil Gas Risk Management Market Size by Region (2024-2029) & (US$ Million)

    Table 40. Latin America Oil Gas Risk Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Latin America Oil Gas Risk Management Market Size by Country (2018-2023) & (US$ Million)

    Table 42. Latin America Oil Gas Risk Management Market Size by Country (2024-2029) & (US$ Million)

    Table 43. Middle East & Africa Oil Gas Risk Management Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Middle East & Africa Oil Gas Risk Management Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Middle East & Africa Oil Gas Risk Management Market Size by Country (2024-2029) & (US$ Million)

    Table 46. ABS Group Company Detail

    Table 47. ABS Group Business Overview

    Table 48. ABS Group Oil Gas Risk Management Product

    Table 49. ABS Group Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 50. ABS Group Recent Development

    Table 51. Tullow Oil Plc Company Detail

    Table 52. Tullow Oil Plc Business Overview

    Table 53. Tullow Oil Plc Oil Gas Risk Management Product

    Table 54. Tullow Oil Plc Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 55. Tullow Oil Plc Recent Development

    Table 56. Intertek Group Plc Company Detail

    Table 57. Intertek Group Plc Business Overview

    Table 58. Intertek Group Plc Oil Gas Risk Management Product

    Table 59. Intertek Group Plc Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 60. Intertek Group Plc Recent Development

    Table 61. RiskWatch International Company Detail

    Table 62. RiskWatch International Business Overview

    Table 63. RiskWatch International Oil Gas Risk Management Product

    Table 64. RiskWatch International Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 65. RiskWatch International Recent Development

    Table 66. DNV GL AS Company Detail

    Table 67. DNV GL AS Business Overview

    Table 68. DNV GL AS Oil Gas Risk Management Product

    Table 69. DNV GL AS Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 70. DNV GL AS Recent Development

    Table 71. Risktec Company Detail

    Table 72. Risktec Business Overview

    Table 73. Risktec Oil Gas Risk Management Product

    Table 74. Risktec Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 75. Risktec Recent Development

    Table 76. CCIG Company Detail

    Table 77. CCIG Business Overview

    Table 78. CCIG Oil Gas Risk Management Product

    Table 79. CCIG Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 80. CCIG Recent Development

    Table 81. Wipro Limited Company Detail

    Table 82. Wipro Limited Business Overview

    Table 83. Wipro Limited Oil Gas Risk Management Product

    Table 84. Wipro Limited Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 85. Wipro Limited Recent Development

    Table 86. CGE Risk Company Detail

    Table 87. CGE Risk Business Overview

    Table 88. CGE Risk Oil Gas Risk Management Product

    Table 89. CGE Risk Revenue in Oil Gas Risk Management Business (2018-2023) & (US$ Million)

    Table 90. CGE Risk Recent Development

    Table 91. Research Programs/Design for This Report

    Table 92. Key Data Information from Secondary Sources

    Table 93. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Oil Gas Risk Management Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Oil Gas Risk Management Market Share by Type: 2022 VS 2029

    Figure 3. Initial Risk Management Features

    Figure 4. Residual Risk Management Features

    Figure 5. Global Oil Gas Risk Management Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 6. Global Oil Gas Risk Management Market Share by Application: 2022 VS 2029

    Figure 7. Oil Case Studies

    Figure 8. Gas Case Studies

    Figure 9. Oil Gas Risk Management Report Years Considered

    Figure 10. Global Oil Gas Risk Management Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 11. Global Oil Gas Risk Management Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 12. Global Oil Gas Risk Management Market Share by Region: 2022 VS 2029

    Figure 13. Global Oil Gas Risk Management Market Share by Players in 2022

    Figure 14. Global Top Oil Gas Risk Management Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Oil Gas Risk Management as of 2022)

    Figure 15. The Top 10 and 5 Players Market Share by Oil Gas Risk Management Revenue in 2022

    Figure 16. North America Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 17. North America Oil Gas Risk Management Market Share by Country (2018-2029)

    Figure 18. United States Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 19. Canada Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 20. Europe Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. Europe Oil Gas Risk Management Market Share by Country (2018-2029)

    Figure 22. Germany Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. France Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. U.K. Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Italy Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Russia Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Nordic Countries Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Asia-Pacific Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Asia-Pacific Oil Gas Risk Management Market Share by Region (2018-2029)

    Figure 30. China Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Japan Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. South Korea Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Southeast Asia Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. India Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Australia Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Latin America Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Latin America Oil Gas Risk Management Market Share by Country (2018-2029)

    Figure 38. Mexico Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Brazil Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Middle East & Africa Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Middle East & Africa Oil Gas Risk Management Market Share by Country (2018-2029)

    Figure 42. Turkey Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Saudi Arabia Oil Gas Risk Management Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. ABS Group Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 45. Tullow Oil Plc Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 46. Intertek Group Plc Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 47. RiskWatch International Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 48. DNV GL AS Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 49. Risktec Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 50. CCIG Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 51. Wipro Limited Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 52. CGE Risk Revenue Growth Rate in Oil Gas Risk Management Business (2018-2023)

    Figure 53. Bottom-up and Top-down Approaches for This Report

    Figure 54. Data Triangulation

    Figure 55. Key Executives Interviewed