Oilfield services industry trends
Global Oilfield Services Market Size Worth US$ 330 Mn Expected to Surge at 3.7 % CAGR by Forecast Period of 2018 to 2026. Oilfield services (OFS) deal value increases despite decline in volume. -. 50 of Thought Leadership, exploring the development and trends within the sector. ▻. 13 Dec 2019 The market will reward nimbler, asset-light companies that effectively leverage technology and partner when necessary. The oilfield services market has a significant scope for growth and is expected to cross USD 125.51 Billion by 2022, at a CAGR of 3.35% from 2017 to 2022. Oilfield Services Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027. TMRGL3094; Energy & Natural Resources.
In-depth market research report of Oilfield Services industry comprises of market growth, trends, forecasts, key competitor analysis and new business
Oilfield services (OFS) deal value increases despite decline in volume. -. 50 of Thought Leadership, exploring the development and trends within the sector. ▻. 13 Dec 2019 The market will reward nimbler, asset-light companies that effectively leverage technology and partner when necessary. The oilfield services market has a significant scope for growth and is expected to cross USD 125.51 Billion by 2022, at a CAGR of 3.35% from 2017 to 2022. Oilfield Services Market : Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027. TMRGL3094; Energy & Natural Resources. Find comprehensive market research and analysis on the oil field equipment & services industry.
31 Oct 2019 Practice recently released its 2020 study on compensation practices in the oil and gas oilfield services (OFS) industry. Our study analyzed the
The oilfield services market is expected to grow at a CAGR of over 3% during the forecast period of 2020 – 2025. Factors such as increase in demand for advanced technology, tools and equipment to increase efficiency of exploration and production activities in onshore and offshore areas is expected to drive the market for oilfield services. Observations on Oilfield Services Trends. Given current market conditions, capital needs, and relative costs of capital among small- and mid- cap players, the oilfield services industry is ripe for consolidation. Fragmentation continues to be highest in the sand, pressure pumping, equipment, land drilling, and well services sub-sectors. Global Oilfield Services Market: Trends & Opportunities New oil and gas fields are being discovered in order to meet the escalating demand, especially from the end-user sectors such as transportation, power plants, and other industries, is the primary driver of this market, besides increasing volume of crude oil production. Contact MNP’s Oilfield Services Team MNP understands the oilfield services industry – its drivers, challenges and opportunities. We are proud to provide insight into the latest industry news and trends in our newsletter, issued in association with JuneWarren-Nickle’s Energy Group. The industry growth is also elevating the demand of various other industries which are directly related to oil and gas industry. The global oilfield services market provides services to oil and gas industry and is experiencing the similar growth. The oilfield services market is expected to grow in near future. Explore market research reports in Oilfield Services industry insight in-depth analysis, forecasts. US +1 424 253 0807 / UK +44 203 239 8187 [email protected]
SIC CODES: SIC and NAICS codes are industry standard codes that describe an industry's basic categorization. Established in the United States in 1937, it is used by government agencies to classify industry areas. The SIC system is also used by agencies in other countries.
Five oil and gas industry and chemicals industry trends. In 2018, global oil demand looks likely to have breached 100 MMbbl/d for the first time, natural gas continues to expand its share of key markets, and the chemicals industry has seen strong revenue growth. The oilfield services market is expected to grow at a CAGR of over 3% during the forecast period of 2020 – 2025. Factors such as increase in demand for advanced technology, tools and equipment to increase efficiency of exploration and production activities in onshore and offshore areas is expected to drive the market for oilfield services.
27 Feb 2020 Growth Analysis Report on “Oilfield Service Market size | Industry Segment by Applications (Onshore, Shallow Water and Deep Water), by Type
Well & Rig Counts. Canadian Oilfield Services Activity Forecast: PSAC · Baker Hughes Rig Count, Worldwide: Baker Hughes · Drilling and Service Rig Reports Schlumberger is the world's leading oilfield services provider. Cutting-edge solutions for reservoir characterization, drilling, production & processing. Swire Oilfield Services Offshore Cargo-Carrying Units, Modular Systems and Transportation Tanks. Company Details; Products & Services; Videos; White Papers 3 Mar 2020 a growth-oriented midstream and oilfield services company operating in Recent industry trends indicate further consolidation is going to Asian is an oil & gas industry service provider, offering end-to-end services across the Since its acquisition in mid-2016, ASIAN has seen amazing growth:. 22 Feb 2020 The firm estimates that the oil-focused digital services industry will grow from data services providers Microsoft and Amazon, as well as oilfield services Subscribe to CNBC PRO for exclusive insights and analysis, and live 20 Nov 2019 Our negative outlook bias signals that the sector as a whole is not healthy, specifically for high-yield credits and many oilfield service companies
IHS Markit Oilfield Equipment and Services provides actionable market intelligence Drilling Fluids; Onshore Pipelay; Upstream Spending and Industry trends. oil and gas market research and provider of information, subscription services robust, up-to-date and accurate analysis of the global oilfield services sector.