Offshore Drilling Market to Expand at a CAGR of 7.5% during 2019 – 2026 | Global Key Vendors – Schlumberger, Halliburton, Fluor, Ensco, Seadrill, Noble, Rowan

Press Release

Global Offshore Drilling Market research report 2019 – 2026 provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability.

Overview of the Global Offshore Drilling Market:

The Global Offshore Drilling Market is accounted for $79.53 Billion in 2017 and is expected to reach $152.47 Billion by 2026 growing at a CAGR of 7.5% during the forecast period.

Some of the important aspects that driven the market growth are huge investments on new offshore reserves and increasing demand for oil and gas. However, the growth of offshore drilling market is inhibited by the regulations regarding environment and low oil prices. One of the major opportunities is the Arctic Discoveries.

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Offshore drilling is a mechanically held procedure where a well is bored below the seabed. It is normally done in order to see the sights for and consequently take out petroleum that lie in rock that are formed under the seabed. Generally, it represents penetrating exercises on the mainland rack anyway the term can likewise be connected to boring in lakes, inshore waters and inland oceans.

By Geography, Asia-Pacific is anticipated to be the high in this market during the forecast period. Latest discoveries of oil & gas in the offshore basins in East Asia, Australia region, and China Sea and high demand from China and India are likely to force the in this market. That demand will lead to promote exploration and production in the region, with the ever-rising demand for oil and gas in that region the market is expected to achieve high growth.

A complete analysis of the competitive landscape of the Global Offshore Drilling Market is provided in the report. This section includes company profiles of market key players. The profiles include contact information, gross, capacity, product details of each firm, price, and cost. This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the Offshore Drilling Market players.

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Major Key Players:

1 Schlumberger Ltd

2 Halliburton Co

3 Fluor Corporation

4 Baker Hughes Inc

5 Transocean Ltd

6 Ensco PLC

7 Seadrill Ltd

8 Noble Corporation

9 Diamond Offshore Drilling Inc

10 Rowan and More…………….

Market Segment by Services:

1 Subsea production and processing

2 Logging while Drilling

3 Directional Drilling

4 Offshore Contract Drilling

5 Measurement While Drilling

Market Segment by Rigs:

1 Jack Up Rigs

2 Drill Ships

3 Semi-Submersible Rigs

4 Tender

5 Platform Rig

6 Inland Barge

7 Drill Barge

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What Information does this report contain?

1  A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants

2  Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?

3  Which are the leading market products, applications & regions and how will they perform by 2026?

4  What are the technologies & innovation trends, how will they evolve by 2026?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Offshore Drilling Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Offshore Drilling Market, By Service

6 Global Offshore Drilling Market, By Rig

7 Global Offshore Drilling Market, By Application

8 Global Offshore Drilling Market, By Geography

9 Key Developments

10 Company Profiling

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