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www.technavio.com enquiry@technavio .com Global Offshore Drilling Market 2015- 2019
| Date post: | 07-Aug-2015 |
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Technology |
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Covered in this Report
• Technavio's report, the Global Offshore Drilling Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.
• The report covers the global offshore drilling market forecast and its growth prospects in the coming years.
• The report also includes the segmentation on the basis of rig type, application, and geography.
• The report also includes a discussion of the key vendors operating in this market.
Global Offshore Drilling Market 2015-
2019
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Market Overview• Offshore drilling is a type of oil extraction in which
wellbores are drilled through the seabed.
• It is typically carried out for the extraction of petroleum that lies in the rock formation beneath the seabed.
• Offshore drilling is categorized into shallow water drilling and deep water drilling.
• Offshore drilling activity that takes place in a range of 0-650 feet falls under shallow water drilling, and drilling activity beyond 650 feet is categorized as deep water drilling.
• The total drilling depth depends on the location of the reservoirs and the type of drilling facilities used.
• Technavio's analysts forecast the global offshore drilling market to grow at a CAGR of 9.25% in terms of revenue over the period 2014-2019.
To know more aboutGlobal Offshore Drilling
Market 2015-2019,please mail us at
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Key Vendors and Regions
• Ensco
• Halliburton
• Schlumberger
• Seadrill
• Transocean
• Weatherford International
• Atwood Oceanics
• China Oil Field Services
View Our Report: Global Offshore Drilling Market 2015-2019
• Americas
• APAC
• EMEA
Vendors Regions
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Key Findings
• Over the years, there have been tremendous advancements in technologies that have led to the increase in extraction of offshore reservoirs.
• These technological advancements include unlocking the potential of offshore oil and gas, the development and determination of reserves, well log interpretation, and the development of well simulation models.
• Also, the market vendors are increasing their investments in R&D for developing improved technologies in order to increase productivity and reduce the cost and risk associated with offshore drilling.
• Therefore, rapid technological advancement is one of the key trends that is expected to propel the growth of the global offshore drilling market during the forecast period by assuring quicker returns on investment to the vendors.
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Key Questions Answered in Our Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
Have a question of your own about this report?
Ask our Analysts
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• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.
• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.
About Technavio
Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo
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View Our Report
Global Offshore Drilling Market 2015-2019
96 Pages | SKU: IRTNTR6377
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