Directional Drilling Market is going to be worth $121.1 Billion By 2018. - PowerPoint PPT Presentation

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Directional Drilling Market is going to be worth $121.1 Billion By 2018.

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The report defines and segments the global offshore and Directional drilling services market with an analysis and forecast of the global revenue. Offshore drilling services market will grow from an estimated $73.1 billion in 2013 to $121.1 billion by 2018, growing at a CAGR of 10.6% from 2013 to 2018. – PowerPoint PPT presentation

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Title: Directional Drilling Market is going to be worth $121.1 Billion By 2018.


1
MarketsandMarkets Presents
Directional Drilling Market is going to be worth
121.1 Billion By 2018.

http//www.marketsandmarkets.com/Market-Reports/of
fshore-drilling-market-1207.html
2
The report Offshore Drilling Market By Services
(Contract Drilling, Directional Drilling, Logging
While Drilling), Applications (Shallow Water,
Deepwater, Ultra-deepwater) and Geography-Global
Trends Forecasts to 2018, defines and segments
the global offshore drilling services market with
an analysis and forecast of the global revenue.
Offshore drilling services market will grow from
an estimated 73.1 billion in 2013 to 121.1
billion by 2018, growing at a CAGR of 10.6 from
2013 to 2018.
                     
               
  • Browse
  • 104 Market data tables.
  • 36 figures spread through 278 pages.
  • In-depth TOC on Offshore Drilling Market
  • Trends and forecast to 2018.

Early buyers will receive 10 customization on
this report.
http//www.marketsandmarkets.com/Market-Reports/of
fshore-drilling-market-1207.html
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  • The offshore drilling services market is driven
    by increasing offshore discoveries and
    exponentially increasing demand for energy across
    the globe. The major existing areas of offshore
    activities such as the golden triangle which
    includes the Brazil, US Gulf of Mexico, and West
    Africa are the key markets where offshore
    operators and service providers have their focus.
    Asia-Pacific is the emerging market in terms of
    demand for energy and offshore drilling
    activities.
  • The re-development of current fields and
    exploring deep to ultra-deep water reserve
    potentials is the only way to satisfy the demand
    for hydrocarbons. Hence offshore oilfield
    drilling service and operators continue to try
    and assimilate their existing technologies, and
    develop new technologies extensively through
    research and development, so as to decrease high
    risk and associated cost.
  • In the current offshore drilling services
    global market, shallow water activities dominate
    offshore spending and are projected to grow at a
    significant rate in the near future. On the other
    hand, deepwater and ultra-deepwater activities
    are also projected to increase, escalating the
    requirement for semisubmersibles and drillships
    in offshore applications.

http//www.marketsandmarkets.com/Market-Reports/of
fshore-drilling-market-1207.html
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  • The offshore drilling service market is on its
    growth path after the downturn of the 2010 oil
    spill in the US Gulf of Mexico the investments
    are made by the services as well as by operator
    companies to scrutinize greater exposure for the
    crude. This market is highly competitive, and
    hence secures long term contract agreements.
    Increasing the working fleet is a key strategy
    for the offshore drilling service providers.
  • The offshore drilling services market is
    divided into two groups contract drilling
    service providers which are Transocean Ltd
    (Switzerland), Ensco plc (U.K.), Seadrill Ltd
    (Bermuda), and oilfield services companies which
    mainly consist of Baker Hughes Inc. (U.S.),
    Schlumberger (U.S.), Halliburton Energy Services
    (U.S.), and Weatherford (Switzerland).
  • The report forecasts revenue of the global
    offshore drilling services market, which includes
    contract drilling services, as well as
    directional and logging while drilling services,
    and its various submarkets with respect to main
    regions such as Asia-Pacific, Europe, Africa, the
    Middle East, North America, and South America.
    Offshore drilling activities are also analyzed on
    the basis of shallow, deep and ultra-deepwater
    activities.

http//www.marketsandmarkets.com/Market-Reports/of
fshore-drilling-market-1207.html
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Source MarketsandMarkets Analysis
http//www.marketsandmarkets.com/Market-Reports/of
fshore-drilling-market-1207.html
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  • The report segments the global offshore
    drilling services market by services type,
    application areas, and geography. It also focuses
    on the market share analysis, value chain
    Porters five force analysis, and market metrics
    such as drivers, restraints, burning issues,
    winning imperative and opportunities. This report
    also presents a competitive landscape and company
    profiles. In addition, 19 key players in the
    market have also been profiled which include
    major companies that provide contract drilling
    services and oil field services companies.

http//www.marketsandmarkets.com/Market-Reports/of
fshore-drilling-market-1207.html
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About Marketsandmarkets MarketsandMarkets is a
global market research and consulting company
based in the U.S. We publish strategically
analyzed market research reports and serve as a
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companies across the world. MarketsandMarkets
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MarketsandMarkets are inspired to help our
clients grow by providing apt business insight
with our huge market intelligence repository. To
know more about us and our reports, please visit
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