Global Offshore Drilling Rigs Market, By Type (drillships, jackup rigs, semi-submersibles) By Operating Depth (shallow water, deep water, ultra water) and Regions- Forecast 2016-2022
Pune, Maharashtra -- (SBWIRE) -- 05/16/2017 -- The Offshore Drilling Rigs market is expected to grow at faster pace during the period 2016 to 2020.
The global market of offshore drilling rigs is growing rapidly due to increased oil & gas exploration activities around the world. Recent discoveries of offshore energy reserves in regions have triggered the growth in the offshore drilling rigs market. Offshore drilling rigs systems are implemented to maximize oil and gas extraction. The existing supply and demand gap in the oil & gas sector has increased the need for efficient search and extraction of oil and gas. Additionally, a renewed interest in shale gas extraction has also driven the offshore drilling rigs market. The high demand for crude oil, along with the maturing of onshore oil and gas wells is driving the market for offshore drilling rigs.
- Aban Offshore Limited
- China Oilfield Services Ltd
- Ensco plc
- Diamond Offshore Drilling Inc.
- Vantage Drilling Co.
- Pacific Drilling
- KCA Deutag
- Maersk Drilling
- Nabors Industries Ltd
- Nobel Corporation
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Market Research Future Analysis:
Market Research Future analysis show that the global market of offshore drilling rigs market is estimated to grow at significant growth by the end of year 2022.
The demand for offshore drilling rigs in the Asia Pacific region is expected to rise the demand for growing exploration activities in Southeast Asia. Latin America is leading the market of offshore drilling rigs due to equipped with increased cargo capacity and enhanced crew amenities and automation system. Offshore drilling rigs are used for drilling and exploration activities in the offshore arena. The market is also expected to gain traction from the rising investments in oil and gas activities. Moreover, growth of the offshore drilling rigs market is propelled by factors such as growing offshore activities in the harsh environmental conditions of North Sea and depleting oil and gas reserves in the U.S. Growing demand for deep-water activities in the Asia-Pacific region and further drilling into mid ocean are driving the demand for jackup rigs in the region. The increase in the number of investments from operators, especially for deep and ultra-deep water activities, fuels the growth of the offshore drilling rigs market.
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List of Figures
Figure 1 Research Methodology
Figure 2 Global Offshore Drilling Rigs Market: By Type (%)
Figure 3 Global Offshore Drilling Rigs Market: By Operating Depth (%)
Figure 4 Global Offshore Drilling Rigs Market: By Region
Figure 5 North America Offshore Drilling Rigs Market, By Type (%)
Figure 6 North America Offshore Drilling Rigs Market, By Operating Depth (%)
Figure 7 Europe Offshore Drilling Rigs Market, By Type (%)
Figure 8 Europe Offshore Drilling Rigs Market, By Operating Depth (%)
Figure 9 Asia-Pacific Offshore Drilling Rigs Market, By Type (%)
Figure 10 Asia-Pacific Offshore Drilling Rigs Market, By Operating Depth (%)
Figure 11 Row Offshore Drilling Rigs Market, By Type (%)
Figure 12 Row Offshore Drilling Rigs Market, By Operating Depth (%)
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