The Oil & Gas Engineering Services Market was valued at USD 0.11 billion in 2019 and is projected to grow at a CAGR of 4.50%, to reach USD 0.17 billion by 2033. The growth of this market is attributed to the increasing demand for oil and gas resources, which has driven the need for efficient and reliable engineering services to support the safe and sustainable extraction, transportation, and processing of these resources. Additionally, advancements in technology and digitalization have further enhanced the capabilities of engineering services, leading to greater efficiency and cost savings. Key drivers of this market include the increasing adoption of artificial intelligence (AI) and machine learning (ML) for optimizing operations, the need to improve safety and efficiency in the oil and gas industry, and the rising demand for sustainable and environmentally friendly practices. Key trends include the integration of real-time monitoring and predictive analytics to improve decision-making, the use of cloud computing and big data to enhance collaboration and efficiency, and the increasing adoption of autonomous and remotely operated systems to reduce costs and improve safety. Major companies operating in this market include Stress Engineering Services Inc., Toyo Engineering Corporation, Element Materials Technology, L&T Technology Services Limited, Arseal Technologies, Citec Group Oy Ab, WSP Global Inc., Wood PLC, Tetra Tech, Inc., Mannvit Consulting Engineers, QuEST Global Services Pte. Ltd., M&H, Hatch Ltd., and Lloyd's Register Group Services Limited Recent developments include: May 2022:After a break of more than two years, the West White Rose Project offshore of Newfoundland and Labrador will continue, with the first oil from the platform anticipated in the first half of 2026, according to Canadian company Cenovus Energy and its partners. Construction on the project was halted in March 2020 after the Covid-19 outbreak to stop the virus from spreading. In January 2021, Husky Energy, which at the time managed the project, merged with Cenovus Energy. The project is expected to produce at its maximum rate of roughly 80,000 barrels per day (bbls/d), or 45,000 bbls/d net to Cenovus, by the end of 2029., In october 2022:Fluor Corporation was awarded a reimbursable front-end engineering and detailed design, engineering and procurement services contract for Imperial. The new complex is expected to be the largest renewable diesel production facility in Canada and will produce approximately 20,000 barrels of renewable diesel per day from locally sourced feedstocks. The company progresses plans to develop a world-class renewable diesel complex at its Strathcona refinery near Edmonton, Alberta, Canada.. Notable trends are: Industrialization and rapid urbanization is driving the market growth.

These data files detail the differences in wholesale cost of gasoline and diesel between two major trading hubs: * Toronto and New York Harbor * Thunder Bay and Edmonton. Prices are listed in cents per litre.