Oil and natural gas are major industries in the energy market and play an influential role in the global economy as the world’s primary fuel sources. The processes and systems involved in producing and distributing oil and gas are highly complex, capital-intensive, and require state-of-the-art technology. At Al-Jareh Co. we harbor this technology to bring to our community this unique service. Oil and gas construction includes production facilities, liquefaction plants, refineries, pipelines, and storage tanks, and more.
Analysis of the oil and gas construction projects by region shows that the Middle East and Africa region has the largest share of projects by value, with projects worth $1.23 trillion (tn) in pipeline, accounting for approximately 35% of the projects in pipeline across the world.
Natural gas has taken on a more prominent role in the world’s energy supply as a consequence of shale gas development, and its lower greenhouse gas emissions when combusted when compared to oil and coal.