Oil Gas Storage Market

Company Headquarters: Rotterdam, Netherlands Founded: 1565 Workforce: ~5,559 Company Working: Royal Vopak is a global leader in tank storage solutions. It provides secure, clean, and efficient storage and handling bulk liquid products and gases, including chemicals, oils, gases, LNG, biofuels, and vegoils. The company has a presence in over 23 countries spread across four divisions, which are Europe & Africa, Asia & the Middle East, China & North Asia, and the Americas.

Company Headquarters: Switzerland Founded: 1953 Workforce: ~14,328 Company Working: Endress+Hauser Group Services AG (Endress+Hauser) is one of the leading manufacturers and suppliers of products, solutions, and services for industrial process measurement and automation. The company’s offerings for process automation include products, solutions, and services for flow, level, pressure and temperature measurement, process analysis, and data management. Additionally, it offers engineering services such as project management and automation services. The company offers its solutions in multiple markets, including water and wastewater, chemical, petrochemical, life science, food and beverage, power and energy, oil and gas, pulp and paper, and shipbuilding. The company’s production centers focuses on research & development, production, product management, quality assurance, and logistics, while the sales centers act as local partners for the market and customers. The company has a presence in Europe, the Americas, Asia-Pacific, and the Middle East & Africa.

Company Headquarters: France Founded: 1973 Workforce: ~11,000 Company Working: Worldline is a leading company in the payment and transactional services industry. The company’s offerings include secured payment transaction processing for banks and financial institutions, as well as transactional services in e-Ticketing and local and central public agencies. It has a presence across more than 30 countries across the world.

Company Headquarters: Japan Founded: 1915 Workforce: ~17,850 Company Working: Yokogawa Electric Corporation (Yokogawa Electric) is a company that is engaged in manufacturing distributed process control systems for industrial plants. It operates through three business segments, namely, industrial automation and control business, test and measurement business, and aviation and other business. Under the industrial automation and control business segment, the company offers a wide range of field instruments, programmable controllers, control systems, productivity-enhancing software, and aftermarket services. In the field instruments product category, it offers flow meters, process analyzers, and differential pressure transmitters. The company offers gas calorimeters under the product sub-category of process analyzers through its industrial automation and control business segment. Its products have applications in oil & gas, oil & gas downstream, LNG supply chain, chemical, power, water & wastewater, mining & metal, pharmaceutical, food & beverage, pulp & paper, and iron & steel industries. Yokogawa Electric has a wide global presence and direct operations in more than 60 countries around the globe. It primarily operates through its vast network that comprises dealers, exporters, distributors, and 113 subsidiaries. The company invested almost USD 236.5 million in research and development in the fiscal year 2019.

Company Headquarters: Zürich, Switzerland Founded: 1988 Workforce: 134,800 Company Working: ABB Ltd., is a pioneering technology leader that works closely with utility, industry, transport, and infrastructure customers. The company has its operations in four segments, namely, electrification products, robotics and motion, industrial automation, and power grids. Under electrification products, ABB manufactures and sells products and services including electric vehicle charging, solar inverters, modular substation packages, switchgear, UPS solutions, circuit breakers, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions designed to integrate and automate the lighting, heating and ventilation, and security and data communication networks. For the industrial automation sector, the company develops and sells integrated automation and electrification systems and solutions. These systems and solutions are process and discrete control solutions, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation and solutions, electric ship propulsion systems, as well as they are solutions for modern machine and factory automation and large turbochargers. The company offers a complete range of transformers for transmission and distribution of power. ABB manufactures, both, liquid-filled, and dry-type transformers. Th company also provides services related to life-cycle costs and replacement parts and components. The company has delivered more than 20,000 power transformers, which include over twenty 800 kV UHVDC and over five hundred 735 - 765 kV AC units. The company has operations in more than 100 countries. ABB Ltd. chiefly operates in regions such as the US, Latin America, Europe, Asia, the Middle East and Africa. The subsidiaries of the firm include B&R, Busch Jaeger, Baldor Electric Company, Thomas & Betts, and Power-One Inc.

Company Headquarters: Mumbai, India Founded: 1946 Workforce: ~49,921 Company Working: Larsen & Toubro Limited (L&T) is a diversified enterprise involved in construction, technology, engineering, and manufacturing areas. It is also engaged in the manufacturing of electrical and electronic equipment. L&T classifies its business operations into ten reportable segments: Infrastructure, Power, Heavy Engineering, Electrical and Automation, Hydrocarbon, IT and Technology Services, Financial Services, Defense Engineering, Developmental Projects, and Others. The company provides services for several sectors including hydrocarbon, infrastructure, power, process industries, and defense. The company provides turnkey solutions to industries such as fertilizer, refinery, chemical, petrochemical, oil and gas, thermal and nuclear power, aerospace, and defense. L&T is also involved in the manufacturing of switchgear components and switchboards, electronic energy meters protection systems, control and automation products, and industrial valves, welding, and cutting equipment. Rubber Processing Machinery is a part of the Machinery and Industrial Products Division of L&T. It offers a wide range of Rubber Processing Machinery. The unit was incorporated in 1972 as a joint venture between L&T and McNeil Akron Inc. of USA. Subsequently in 1995, L&T acquired the total ownership of the JV and made it as a Strategic Business Unit (SBU), known as Rubber Processing Machinery, retaining its popular name of L&T RPM. L&T RPM also offers Automation Solutions primarily for Tire Manufacturers. The company’s Automation Solutions include end-to-end Tire Handling Systems. Rubber Processing Machinery has over three decades of experience in producing world class machinery tailor made to customer requirements. It has a wide customer base spanning more than 44 countries. Geographically, the company classifies its operations into two regions: India and Foreign Countries. In FY2022, the company generated 64.4% of its revenue from India and 35.6% from Foreign Countries. L&T primarily operates in India and also has presence in Europe, the Middle East, Southeast Asia, and the Americas. The company has manufacturing facilities in India, Dubai, Saudi Arabia, Oman, Malaysia, and the UK and has its customers in 50 countries. L&T operates hydrocarbon engineering and project management centers in Mumbai, Vadodara, and Chennai and fabrication yards in Hazira, Gujarat, and Kattupalli, Tamil Nadu. It also operates a power equipment manufacturing facility at Hazira, Gujarat, India.