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Global Oilfield Services Market by Service, Application, Type and Region - Forecast to 2023: A $130.9 Billion Opportunity - ResearchAndMarkets.com

December 7, 2018

DUBLIN--(BUSINESS WIRE)--Dec 7, 2018--The “Global Oilfield Services Market - by Service, Application, Type, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)” report has been added to ResearchAndMarkets.com’s offering.

The global oilfield services market was 106.37 billion USD in 2017 and is forecasted to reach 130.89 billion USD with a CAGR of 3.52%.The rising demand for crude oil is the major factor for the growth of the market. Increasing investments by public and private sectors for exploration of oil & gas resources is also a key factor for the market growth.However, some techniques adopted for the exploration of oil & gas have adverse effect on environment and human life which restrain the growth of the market.

Industry Structure and Updates

Ocean Rig, an international contractor of offshore deep-water drilling services, announced Master Service Agreement and Drilling Program Order with ConocoPhillips, which is performed by Leiv Eiriksson.Halliburton Company announced the acquisition of Summit ESP, a leading provider of electric submersible pump (ESP) technology and services. The addition of Summit’s artificial lift offerings and industry-leading customer service strengthens Halliburton’s artificial lift portfolio for its global customers.Companies ProfiledBaker HughesArcherSchlumbergerHalliburtonWeatherfordNational OilWellSuperior Energy ServicesBlue SparkFrontier OilfieldGulf InterventionCalfrac WellOceaneeringChina OilfieldAxis WellALTUS Interventionand more...

Key Topics Covered

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global Oilfield Services Market Segmentation, Forecasts and Trends - by Service

6. Global Oilfield Services Market Segmentation, Forecasts and Trends - by Application

7. Global Oilfield Services Market Segmentation, Forecasts and Trends - by Industry

8. Global Oilfield Services Market Segmentation, Forecasts and Trends - by Region

9. Company Market Share Analysis

10. Company Profiles

11. Industry Structure

12. Global Oilfield Services Market - The Road Ahead

For more information about this report visit https://www.researchandmarkets.com/research/s39rrz/global_oilfield?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005109/en/

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Related Topics:Oilfield Equipment and Services

KEYWORD:

INDUSTRY KEYWORD: ENERGY OIL/GAS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 12/07/2018 04:19 AM/DISC: 12/07/2018 04:19 AM

http://www.businesswire.com/news/home/20181207005109/en

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