Title: Europe oilfield services market is expected to grow approximately $25120 million by 2019
1Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts
- Europe oilfield services market is expected to
grow approximately 25120 million by 2019
2 Browse through the market data tables, figures
and detailed ToC on the Europe Oilfield Services
Market. http//www.micromarketmonitor.com/marke
t/europe-oilfield-services-2113780210.html
3- The European market had a share of 8 in the
global oilfield services market. - The total revenue generated by the European
oilfield services market was 13,381.6 million in
2013, which is expected to grow at a CAGR of
11.1 from 2014 to 2019, to reach 25,120.1
million by 2019. - Three countries, Norway, the U.K., and Russia
majorly dominate the European oil and gas
industry. These three countries account for
around 80 market value share in 2014. - Continuously rising energy demand and
revitalization of aging of brown oil fields are
the major drivers for the oilfield services
market. Additionally, the lucrative and high
investment areas of subsea regions such as the
Gulf of Mexico, the North Sea, and new
discoveries in West Africa are expected to lead
the exponential growth of the oilfield services
market.
4Africa Oilfield Services Market
- Africa has a low share of 4.8 in the global
oilfield services market in 2013. - The total revenue generated by the African
oilfield services market is 7,642.3 million in
2013, which is expected to grow at a CAGR of
14.2 from 2014 to 2019 to reach 16,909.2
million by 2019. - OCTG has the highest share followed by pressure
pumping and well intervention services. - Angola and Egypt are the key oilfield services
markets in this region. - http//www.micromarketmonitor.com/market/africa-oi
lfield-services-4667673360.html
5Middle East Oilfield Services Market
- The Middle East had a trivial share of 4.2 in
the global oilfield services market. - The total revenue generated by the Middle East
oilfield services market was 7,493.3 million in
2013, which is expected to grow at a CAGR of
13.5 from 2014 to 2019 to reach 15,885.1
million by 2019. - Saudi Arabia, Qatar and Abu Dhabi are the key
oilfield services markets in this region. - Rising drilling completion activities,
discoveries of new oil gas field, and
increasing oil gas demand globally are driving
the growth of oilfield services market in all of
these above mentioned regions. - http//www.micromarketmonitor.com/market/middle-ea
st-oilfield-services-6908598106.html
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