North America has the world’s best midstream infrastructure, but booming shale plays in the Permian, the Midcontinent and Appalachia are keeping contractors busy as they add new assets and repurpose existing systems. Source: Shutterstock
Midstream construction continues apace. The oil and gas industry must have new infrastructure—and repurpose the infrastructure it has—to meet the needs of customers at both ends of the supply chain. The near future could see a near-record building boom, contractors say.
Maybe. The construction business faces significant hurdles if it wants to meet that demand.
“Right now with the projects that the industry has projected for the upcoming years—identified, bid and already awarded—the industry is heading back to the levels we experienced in 2008,” Rob Riess, vice president and division manager, pipeline division, for Henkels & McCoy, a leading construction and contracting firm, told Midstream Business. What he finds “kind of scary” is whether contractors will be able to overcome various hurdles and get the job done.