Global 2019 ranking of oil equipment and oil services providers based on revenue

In 2019, Energy Transfer (U.S.) generated 55.33 billion U.S. dollars in revenues, the highest amount of any oil equipment and services provider worldwide. The company was followed by Enbridge (Canada), and Enterprise Products Partners (U.S.), with the majority of the top ten leading providers coming from North America.

Operational activities

Headquartered in Dallas, Texas, Energy Transfer was founded in 1995 and primarily deals in the construction of underground pipelines to transport natural gas and crude oil. The company has an extensive infrastructure in the United States and claims to move roughly 30 percent of all U.S. natural gas and crude oil across the country through their pipelines.

Energy Transfer in the News

In June 2014, Energy Transfer announced the approval of a high-profile project, co-owned in large part by Phillips 66. Also known as the Dakota Access Pipeline, construction of the 1,886 kilometer route received significant media attention for protests towards the end of the Obama administration in 2016. The Bakken pipeline draws crude oil from the shale fields of North Dakota’s Bakken formation, extracted through hydraulic fracturing.

2019 ranking of leading global oil equipment and oil services providers based on revenue

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Sources

Release date

August 2019

Region

Worldwide

Survey time period

2018 and 2019

Supplementary notes

Ranking compiled in 2019 based on latest available revenue.

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