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, India -- (SBWIRE) -- 12/12/2017 -- Market Highlights
Offshore drilling rigs are an important part for drilling underneath seabed. These drilling methods are used in order to extract natural resources such as oil and gas from the earth. While extracting oil from below the surface of the ocean used to be much more difficult than the traditional onshore drilling method of making wells on land and drilling holes, offshore drilling has become easier through the innovative methods that have surfaced such as making either floating or fixed platforms on the bed of the ocean to support drilling.
Geographically, the Global Offshore Drilling Rigs Market has been divided into Americas, Europe and Asia Pacific. Among these regions, North America was the dominating market for specialty oilfield chemicals in 2016. The enormous potentials in the enhanced oil recovery and shale reserves exploration, particularly in Canada and Mexico, are expected to further drive the specialty oilfield chemicals market in North America. On the other hand, the Middle East & Africa is projected to witness the highest growth rate during the forecast period, followed by Latin America and Europe. The active participation of countries such as Saudi Arabia and Iran are expected to propel the high growth for the market. Latin America & Europe is driven by the deep-water and unconventional oil & gas projects that are more challenging and require specialty chemicals for increased productivity.
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The major player operating in the market of offshore drilling rigs are
- 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
Offshore Drilling Rigs Global Market - Competitive Analysis
The global market for offshore drilling rigs seems to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, product launch, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.
Jackup rigs will be the largest market
The recent discoveries of new oil & gas reserves combined with growing technological advancements in terms of equipment have made offshore drilling operations more feasible and cost-effective. The jackup rig operations have become cost effective because of the recent technological advancements in the equipment operations. The growth of the jackup rigs market is majorly driven by increased oil & gas exploration activities around the world. The rapid population growth and the increase in demand for energy in the region is expected to drive the growth of the jackup rigs market over the forecast period
Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on "Global Offshore Drilling Rigs Market Research Report- Forecast 2022"
List Of Tables
Table 1 Global Offshore Drilling Rigs Market, By Type
Table 2 Global Offshore Drilling Rigs Market, By Operating Depth
Table 3 Global Offshore Drilling Rigs Market, By Regions
Table 4 North America Offshore Drilling Rigs Market, By Type
Table 5 North America Offshore Drilling Rigs Market, By Operating Depth
Table 6 U.S. Offshore Drilling Rigs Market, By Type
Table 7 U.S. Offshore Drilling Rigs Market, By Operating Depth
Table 8 Canada Offshore Drilling Rigs Market, By Type
Table 9 Canada Offshore Drilling Rigs Market, By Operating Depth
Table 10 Europe Offshore Drilling Rigs Market, By Type
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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 (%)
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