Rising demand for
oil and gas has boosted the offshore drilling market. The report
lists all the major growth drivers and restraints acting on the
offshore drilling market. Forecasting the growth trajectory of the
offshore drilling market, the report projects the size and valuation
of the market during the period between 2014 and 2020. Mentioning the
current trends in the market along with future opportunities expected
to develop, the report provides detailed market analysis to existing
as well as new players in the offshore drilling market.
With the help of the
latest research techniques and analytical tools, the report analyses
the various factors affecting the offshore drilling market. Prominent
offshore drilling companies have been profiled and vital information
about each of the key vendors has been mentioned in the report.
Increase in demand
for oil and gas as well as other petroleum products accompanied with
high oil prices across the globe has compelled market players to make
huge investments and search for new offshore reserves of oil and gas.
The report indicates that this will boost the growth of the offshore
drilling market. New technologies related to offshore drilling will
create significant opportunities for the offshore drilling market.
However, offshore drilling affects the surrounding environment and
various environmental regulations concerning the same could restrain
the growth of the offshore drilling market. The report mentions the
Environmental Protection Agency (EPA) in the U.S., which has put
stringent regulations on certain types of offshore drilling such as
hydraulic fracturing, which is done to extract shale hydrocarbons
from rocks below the seabed.
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the full Offshore Drilling
Market Report at
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Depending on the
application, the report categorizes the global offshore drilling
market into deepwater drilling, ultra deepwater drilling, and shallow
drilling. Depending on the services, the offshore drilling market has
been segmented into offshore contract drilling, directional drilling,
logging while drilling, and subsea production and processing. The
report forecasts that the subsea drilling and directional drilling
segments would grow during the forecast period. Besides drilling,
allied services such as construction, safety and geographical survey,
and personnel and equipment transport play an important role in
offshore drilling activities.
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A Brochure Of This Report :
The report segments
the global offshore drilling market into five key regions: Asia
Pacific, North America, Europe, the Middle East, and Rest of the
World. Middle Eastern nations have been the hub for offshore drilling
activities. However, the report suggests that the focus has shifted
to the golden triangle, consisting of the Gulf of Mexico, Brazil, and
West Africa.
Describing the
competitive landscape of the global offshore drilling market, the
report profiles the key market participants. China Oil Field Services
Ltd, Transocean Limited, Shelf Drilling, Seadrill Limited, Archer
Limited, and Hercules Offshore are some of the major players of the
offshore drilling market.
Market
segmentation on the basis of application:
- Deepwater drilling
- Ultra deepwater drilling
- Shallow drilling
Major geographies
analyzed under this research report are:
- Europe
- North America
- Asia-Pacific
- Middle-East
- Rest of the World
This report gives
you access to decisive data such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of
this report
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
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Our data repository
is continuously updated and revised by a team of research experts, so
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broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
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