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Global Offshore Drilling Market Analysis 2017-2018 and Forecast to 2026 - Directional Drilling is Estimated to Lead the Market During the Forecast Period - ResearchAndMarkets.com

November 16, 2018

DUBLIN--(BUSINESS WIRE)--Nov 16, 2018--The “Offshore Drilling - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Offshore Drilling market 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.

Based on service, Directional Drilling is estimated to lead the market during the forecast period, the dynamic factor for this is the drop in oil prices which motivated companies to increase the production from basins with proven oil reserves.

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.

Key Topics Covered

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Emerging Markets

3.8 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Offshore Drilling Market, By Service

5.1 Introduction

5.2 Subsea Production and Processing

5.3 Logging While Drilling

5.4 Directional Drilling

5.5 Offshore Contract Drilling

5.6 Measurement While Drilling

6 Global Offshore Drilling Market, By Rig

6.1 Introduction

6.2 Jack Up Rigs

6.3 Drill Ships

6.4 Semi-Submersible Rigs

6.5 Tender

6.6 Platform Rig

6.7 Inland Barge

6.8 Drill Barge

7 Global Offshore Drilling Market, By Application

7.1 Introduction

7.2 Ultra-Deep Water Drilling

7.3 Shallow Water Drilling

7.4 Deep Water Drilling

8 Global Offshore Drilling Market, By Geography

8.1 Introduction

8.2 North America

8.3 Europe

8.4 Asia Pacific

8.5 South America

8.6 Middle East & Africa

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

10 Company Profiling

10.1 Schlumberger Ltd.

10.2 Halliburton Co.

10.3 Fluor Corporation

10.4 Baker Hughes Inc.

10.5 Transocean Ltd.

10.6 Ensco PLC

10.7 Seadrill Ltd.

10.8 Noble Corporation

10.9 Diamond Offshore Drilling Inc.

10.10 Rowan

10.11 Saipem

10.12 Weatherford International Ltd.

10.13 Stena Drilling

10.14 China Oil Field Services Ltd.

10.15 Nabors Industries Ltd.

10.16 Fred. Olsen Energy

10.17 KCA Deutag

10.18 Parker Drilling

10.19 Maersk Drilling

10.20 Scientific Drilling International

10.21 Paragon Offshore PLC

10.22 Archer Limited

10.23 Superior Energy Services

For more information about this report visit https://www.researchandmarkets.com/research/bbbgxf/global_offshore?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181116005234/en/

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Related Topics:Oil and Gas Exploration and Production

KEYWORD:

INDUSTRY KEYWORD: ENERGY OIL/GAS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/16/2018 08:27 AM/DISC: 11/16/2018 08:26 AM

http://www.businesswire.com/news/home/20181116005234/en

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