Global offshore drilling rigs market size is expected to reach $123.03 Bn by 2028 at a rate of 7.1%, segmented as by type, jackups, semisubmersibles, drill ships, other types
The offshore drilling rigs market report includes the market size and estimation of the global drilling rigs industry in the offshore region. Primarily, offshore drilling rigs can be classified as jackup rigs, semi-submersible rigs, and drillships. #MarketsandMarkets
Research Beam announce a report title “Global Offshore Drilling Rigs Industry 2015 Market Research Report” is a professional and in-depth study on the current state of the Offshore Drilling Rigs Market. The report Cover some important factor like Offshore Drilling Rigs Market Size, Share, Developing Trends, Technology, Demand analysis, Growth Opportunity, Applications, Scope, Market entry, Offshore Drilling Rigs Key Manufacturers, Market Strategies, overview, Market analysis and Forecast up to 2020. Source: http://www.researchbeam.com/global-offshore-drilling-rigs-industry-2015-research-report-market
In 2019, the global offshore drilling market is valued at USD 102,166.4 million and is estimated to reach USD 187,141.2 million by 2029. https://straitsresearch.com/report/offshore-drilling-market/request-sample
As per the TechSci Research report titled "Rotary Drilling Rig Market - Global Industry Size, Share, Trends, Opportunity, and Forecast. 2018–2028F," the global Rotary Drilling Rig market is expected to experience robust growth during the projection period of 2024-2028. Rotary drilling rigs are categorized as land rigs and offshore rigs, with the former being portable and capable of reaching maximum operating depths. Land-based derricks are designed to be moved easily and reused to dig new holes, with various components of the rig mounted on skids for ease of transportation and connection.
TechSci Research recently released a report on the Global Offshore AUV & ROV Market, which forecasts that the market will grow at a CAGR of 11.48% in value terms and reach USD7.03 billion by 2026. Autonomous underwater vehicles (AUV) and remotely operated vehicles (ROV) are in high demand due to their exceptional services. The increasing adoption of AUV and ROV is driven by the excessive use of fossil fuels, which has led to the need for green energy solutions. The rising demand for hydrocarbons has also encouraged companies to focus on offshore drilling activities, while AUVs have become important in studying seafloors before the construction of sub-seas infrastructure. Additionally, the integration of intelligent control systems and sensor-based steering technologies will contribute to an increase in demand for AUVs and ROVs worldwide during the forecast period.
The TechSci report titled "Saudi Arabia Oil Drilling Market By Deployment (Offshore, Onshore), Service (Contract, Drilling, Logging While Drilling, Measurement While Drilling, Directional Drilling), Equipment Type (Drilling Equipment, Production Equipment, Pumps & Valves, Others), Region, Competition Forecast & Opportunities, 2027" reveals that the Saudi Arabia oil drilling market experienced significant growth in the past until 2019, and this growth is expected to continue throughout the forecast years of 2021 to 2027. The rising demand for fuel in the automotive and automobile industry is one of the factors that contributed to this growth. Additionally, the construction and vehicular transportation industries have also shown an increasing demand for oil, which could affect the market's growth in the next five years.
The report provides vital information concerning the total renumeration and key industry trends prevailing in the market. Also, crucial insights regarding the regional dominance and the competitive scenario have been mentioned in the research report.
The global managed pressure drilling services market exhibits a lucrative growth potential of 10% for the next five years. The growth of this market is propelled by the rise in concerns about safety & environment and the increasing capital expenditure in E&P operations being carried out across the globe. The market is further driven by factors such as increasing cost of traditional drilling operations and day rates of rigs. See Full Report: http://bit.ly/1CaMSgm
Global oil and gas wells drilling services market size is expected to reach $167.18 Bn by 2028 at a rate of 3.9%, segmented as by type, onshore drilling services, offshore drilling services
Global drill pipe market size is expected to reach $1.88 Bn by 2028 at a rate of 5.4%, segmented as by type, standard drill pipes, heavy weight drill pipes, drill collars
Diamond Offshore Drilling Inc. Han ... self-elevating drilling platforms equipped with legs that are lowered to the ocean floor until a foundation is established to ...
According to the latest research report by IMARC Group, The global mining drilling services market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5.5% during 2024-2032. More Info:- https://www.imarcgroup.com/mining-drilling-services-market
According to the latest research report by IMARC Group, The global horizontal directional drilling market size reached US$ 9.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028. More Info:- https://www.imarcgroup.com/horizontal-directional-drilling-market
According to the latest research report by IMARC Group, The global offshore helicopter services market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.2% during 2023-2028. More Info:- https://www.imarcgroup.com/offshore-helicopter-services-market
Download Free Research Report PDF : http://bit.ly/2lCpLe5 Oilfield Drilling Fluids, also called drilling mud, is used to aid the drilling of boreholes into the earth. Often used while drilling oil and natural gas wells and on exploration drilling rigs, drilling fluids are also used for much simpler boreholes, such as water wells. One of the functions of drilling mud is to carry cuttings out of the hole.
According to the latest research report by IMARC Group, The global mining drilling services market size reached US$ 2.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2028, exhibiting a growth rate (CAGR) of 7.46% during 2023-2028. More Info:- https://www.imarcgroup.com/mining-drilling-services-market
According to the 2017-2027 forecast by TechSci Research, the global offshore oil and gas rig market will experience a CAGR of 5.69% and reach a value of USD22522.64 million by 2027. This growth is driven by the increasing demand for oil and gas due to robust economic activities and the growth of various industries such as automotive, construction, and manufacturing worldwide. To explore, drill, and develop oil and gas fields, exploration and production operators rely on the oilfield services industry for assets, labor, technology, and project management services. Market players are investing heavily in research and development activities to find innovative solutions to make oil exploration activities profitable, which is expected to provide lucrative growth opportunities for the industry in the next five years.
TechSci Research has reported that the global offshore crane market is expected to experience a CAGR 7% during the forecast period, according to their report "Global Offshore Crane Market By Design Type (Knuckle Boom, Telescopic Boom, Lattice Boom and Others), By Application (Oil Rig Cranes, Marine Cranes and Others), By Lifting Capacity (500-3,000mt Lifting Capacity and Above 3,000mt Lifting Capacity), By Region, Forecast & Opportunities, 2027
The Drilling Waste Management Market Report offers a complete picture of industry trends and factors along with quantitative data based on historical data and from various sources. Apart from this, the report also provides the market outlook, growth, share, size, opportunity and forecast during 2019-2025. Further, the report focuses on competitive landscape including company profiles of leading key players along with industry demand, future capacities, key mergers & acquisitions, financial overview in the global market of drilling waste management.
Drilling Waste Management Report by Material, Application, and Geography Global Forecast to 2021 is a professional and comprehensive research report on the worlds major regional market conditions, focusing on the main regions North America, Europe and Asia-Pacific and the main countries United States, Germany, United Kingdom,Japan, South Korea and China.
The driving force behind the increased demand for oil country tubular goods and the expansion of the global market is successful energy production and consumption. The expansion of drilling and production operations, the rise of shale gas exploration, and the increase in the number of oil wells per rig are the key factors driving the global market for oil country tubular goods. Moreover, there is a surge in investment in unconventional oil and gas sources that is significantly contributing to the need for oil country tubular goods.
The report "Robotic Drilling Market Application (Onshore and Offshore), Installation (New Builds and Retrofits), Components (Hardware and Software), and Region (North America, Asia Pacific, Europe, Middle East) - Global Forecast to 2023", The robotic drilling market is expected to grow from an estimated USD 658.0 Million in 2018 to USD 923.3 Million by 2023, at a CAGR of 7.01% from 2018 to 2023. This market growth is driven by the increased drilling activities due to the development of unconventional hydrocarbon resources and the adoption of automation and robotics in oil and gas drilling, which results in higher efficiency drilling and improved safety in rigs.
Directional Drilling Services Market by Application (Onshore, and Offshore), Type (Conventional, and Rotary Steerable System), Service (LWD, MWD & Survey, RSS, Motors), and Region - Global Forecast to 2021 Browse 75 market data tables and 45 figures spread through 163 pages and in-depth TOC on “Directional Drilling Services Market” https://www.marketsandmarkets.com/Market-Reports/directional-drilling-services-market-249722563.html
The global drilling waste management market is estimated to be USD 3.80 Billion in 2015, and is projected to reach USD 5.08 Billion by 2020. The market is projected to grow at a CAGR of 6.0% from 2015 to 2020. Rapid technological developments improving the drilling and production capability aid exploration and production activities in the deep-water and ultra-deep-water areas across the globe. These factors boost the drilling waste management market. The drilling waste management contains three types of processes, namely, solids control, containment & handling, and treatment & disposal. The market is segmented on the basis of application and type of service. On the basis of application, the market is divided under the hood—onshore and offshore.
The report "Directional Drilling Services Market by Application (Onshore, and Offshore), Type (Conventional, and Rotary Steerable System), Service (LWD, MWD & Survey, RSS, Motors), and Region - Global Forecast to 2021", The directional drilling services market is expected to grow from an estimated USD 8.33 Billion in 2016 to USD 10.30 Billion by 2021, at a CAGR of 4.34% from 2016 to 2021.
Complete report available @ http://goo.gl/o34uAK . This market research report categorizes the directional drilling services into sub markets on the basis of applications, services, types and geography. The report covers all the major services of directional drilling, that is, Rotary Steerable Systems (RSS), Logging While Drilling (LWD), Measurement While Drilling (MWD) and Survey, Motors and others. The increase in the demand for energy, technological advancements and consistent depletion of existing oil reserves ensure the commercial potential of directional drilling.
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The global robotic drilling market is expected to grow from US$ 619.4 Mn in 2017 to US$ 946.6 Mn by 2025 growing at a CAGR of 5.6% from 2018 to 2025. Request Sample Copy @ https://bit.ly/3S6YQ41
Offshore Crane Market categorizes the global market by Application (Oil rig cranes, Marine cranes and others), by Design Type (Knuckle, Telescopic, Lattice and Others), by Lifting Capacity (0-500mt, 500-3000mt and above 3000mt) & by Region Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=175512004
The global offshore ROV market was valued at USD 777.5 million in 2017 and is expected to grow at a CAGR of 3.27% during the forecast period, to reach USD 943.1 million by 2023.
Drilling Waste Management Market by Service (Treatment & Disposal, Containment & Handling, & Solids Control), Application (Onshore & Offshore), & Region (North America, Europe, Asia-Pacific, South America, Middle East, & Africa) - Global Forecast to 2020 PDF Brochure@ https://www.marketsandmarkets.com/pdfdownload.asp?id=1242
A top drive is a mechanical device which is used on a drilling rig that provides clockwise torque to the drill string to facilitate the course of drilling a borehole.
The report "Drilling Waste Management Market by Service (Treatment & Disposal, Containment & Handling, & Solids Control), Application (Onshore & Offshore), & Region (North America, Europe, Asia-Pacific, South America, Middle East, & Africa) - Global Forecast to 2020", The drilling waste management market is estimated to grow at a CAGR of 6.0% from 2015 to 2020, and is expected to reach USD 5.08 Billion by 2020
Top drives are used for facilitating the drilling process of a borehole. They are situated on a drilling rig and provide torque to the drill string, making the drilling process easy.
TechSci Research is a research based management consulting firm providing decision making solutions to its customers worldwide, spanning a range of industries.
The Liner Hanger System Market is expected to experience strong growth from 2024 to 2028, according to the TechSci Research report titled "Global Liner Hanger System Market - By Region, Competition, Forecast & Opportunities, 2018-2028." The increased investment in offshore exploration and production operations is expected to result in a significant rise in demand for liner hangers during the forecast period. Factors contributing to the market's growth include the number of rigs, the total drilling area per well, and technical advancements. The major companies in the market also have numerous opportunities due to the surge in used car sales.
The global offshore drilling rigs market size was estimated to be US$ 95.3 billion in 2020 and is expected to reach US$ 150 billion by 2031 at a CAGR of 4.2%. The expansion in the quantity of ventures from operators, particularly for deep level and super deep water level exercises, energizes the development of the offshore drilling rigs market.
Complete report available @ http://goo.gl/0azvyn . (This is a Premium Reports Priced at US$ 4650 for Single User License) Top drives are used for facilitating the drilling process of a borehole. They are situated on a drilling rig and provide torque to the drill string, making the drilling process easy. They are used for both onshore and offshore rigs, and can be hydraulic or electric With increase in the demand for drilling rigs, the top drive systems market will grow as they are directly proportional to the growth of the drilling rigs market.
Demand for High Specification Rigs and Increase in Deepwater Drilling Activities to Shape Market Potential for Middle East Oilfield and Drilling Services: Ken Research The upstream companies operating in Middle East sought jackups rigs with more specifications so as to drill more efficiently and optimize the costs of operations.
The report "Oil Accumulator Market by Type (Bladder, Piston, and Diaphragm), Pressure Rating (Up to 6,000 Psi and Above 6,000 Psi), Onshore vs Offshore, Application (Blowout Preventer & Well Head Control, Offshore Rigs, and Mud Pumps), and Region - Global Forecast to 2023", The oil accumulator market is expected to grow from an estimated USD 488.5 million in 2018 to USD 617.1 million by 2023, at a CAGR of 4.78%, during the forecast period. The market is set to witness growth because of the digital revolution in the oil & gas industry and shale gas exploration in the US.
TechSci Research has recently released a report titled “GCC Well Testing Services Market, By Region, Competition Forecast & Opportunities, 2027” which projects a robust CAGR growth for the GCC well testing services market in the forecast period of 2023-2027. This growth is attributed to the increase in offshore drilling activity and the growing demand for high precision measurement tools for drilling and reservoir measurement. Well testing services are widely used to understand the reservoirs' potential for hydrocarbon production such as oil and gas, as well as rock formation, which is crucial in reservoir characterization, fluid characterization, permeability & skin interpretation, and formation pressure measurement. The application of these services in the oil and gas industry is expected to propel market growth. Additionally, well testing services assist in ensuring the safety of operations and maximizing the rig-time efficiency during extraction and production processes.
Complete report is available @ http://goo.gl/xxiPgb . (Single User PDF US$ 4650) This report estimates the subsea well access and BOP systems market in terms of volume and value. The volume market is estimated on the basis of offshore drilling activities till 2019.The report estimates the market size of subsea well access systems for products comprising Rig Based Well Access System, and Vessel based Well Access System, which is further, classified into Completion Workover Riser System, Landing String System, and Others (which includes systems like Through Tubing Rotary Drilling).
Global directional drilling market is expected to grow at a steady rate during the forecast period. The global directional drilling market is driven by the increasing global energy demand.
The global high voltage cable market is expected to develop at a CAGR of 5.80% over the forecast period of 2024-2032. Get more insights into our latest blog
The global mud bucket for oil & gas market is expected to exhibit a significant CAGR during the period of 2023-2027 due to the increase in oil & drilling operations.
As per the TechSci Research report titled "Global Rigless Intervention Systems Market- By Region, Competition, Forecast & Opportunities, 2028", it is anticipated that the Global Rigless Intervention Systems Market will experience growth in the forecast period, due to the increasing exploration and production of onshore and offshore oil and gas reserves. The market expansion is expected to be driven by the ability of rigless intervention techniques, such as hydraulic work over, wireline, and coiled tubing, to perform downhole operations in already producing wells.
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EBITDA contribution over the firm contract to Thule: USD 108 mill ... Thule Drilling has contractual right to take control over and complete the rigs ...
The market for LSZH Cable For Energy & Utilities Market is estimated to be $299.4 million in 2027 and is analyzed to grow at a CAGR of 3.1% during forecast period 2022-2027.