Saudi Arabia, the world’s largest oil exporter, understand the importance of uninterrupted flow of oil, and they know that one successful terror attack on the Saudi oil industry will send oil prices to a new record high. To head off such an eventuality, the Saudis are forecasted to procure $14 billion of security systems and services over the next 6 years, to harden the kingdom oil infrastructure security.
Among the findings/conclusions of this new report are the following:
• The Saudi government will invest "whatever it takes" in the security of its oil industry ,the lifeline of the kingdom
• The security of the Saudi oil industry is considered by world governments as "the Achilles heel of the global economy"
• A major interruption of Saudi oil supply [10% of global supply] or it's oil fields [24% of global reserves] is forecasted by governments worldwide to send the global economy into a major recession
• The Saudi government embarked recently on a major investment of $129Billion to expand the country oil exports and security
This report is a product of an extensive research, by HSRC leading analysts. It represents several researcher years, dozens of interviews, and in-depth analysis of thousands of documents, with the goal to produce a comprehensive roadmap of this highly profitable Homeland Security market. Key oil industry security markets analyzed include:
• Saudi Oil industry perimeter protection markets
• Saudi Oil industry IT security & C3I markets
• Saudi Oil industry people screening ,biometrics & RFID markets
• Saudi Oil industry maritime security markets
• Saudi Oil industry security communication equipment markets
• Saudi Oil industry Strike force markets
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