"The Report Global
Offshore Drilling Market Research Report 2016 provides information on
pricing, market analysis, shares, forecast, and company profiles for
key industry participants. - MarketResearchReports.biz"
MarketResearchReport.biz now
has a report in its repository, titled “Global
Offshore Drilling Market
Research Report 2016,” representing the scenario of the market for
offshore drilling in the past couple of years and estimates the
future of the market during the forecast period of 2016 to 2021. The
report profiles a number of leading players in the global offshore
drilling market, studies the factors that may influence the demand in
the near future, and segments the market on the basis of essential
criteria in order to evaluate the potential of various parts of the
market for offshore drilling. The study has been prepared to act a
reliable business document for audiences such as original equipment
manufacturers (OEMs), utility service providers, investment houses,
EPC companies, distributors and suppliers of offshore drilling
equipment, consulting firms, private equity groups, and other equity
research firms.
The report finds that the
growing demand for oil and gas is the primary driver in the global
offshore drilling market, owing to increasing world population and
increasing oil prices. In the recent past, huge investments have been
made for the exploration of new offshore reserves, which is another
important driving factor of this market. In addition to that,
technological advancements in the field are expected to open new
avenues for the players in this market. On the other hand, stringent
governmental regulations and heavy investments required are two of
the most prominent factors that are challenging the market from
attaining its full potential. The report observes total exploration
and development capex investment has reduced in the recent times,
which is a result of uneconomical forecasted returns, project
postponements, and canceled contracts. This pattern is expected to
continue in the near future too and obstruct the growth rate of the
offshore drilling market.
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Based on service type, the
global offshore drilling market can be segmented into contract
drilling, directional drilling, logging while drilling, and
measurement while drilling. Application-wise, the market can be
segmented into shallow water, deep water, and ultra-deep water. In
the market in its current scenario, shallow water drilling poses
maximum demand, although deep water drilling segment is projected for
the most robust growth rate during the forecast period.
Geographically, the report evaluates the potential of the offshore
drilling market in several regions including North America, Asia
Pacific, Latin America, Europe, and the Middle East and Africa.
Currently, Asia Pacific is the most lucrative region, gaining demand
from the recent discoveries of oil and gas in offshore basins in the
gulf of Thailand, South China, and Australia.
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The report profiles a number of
leading companies in the global offshore drilling market including
Keppel Corporation, COSCO, DSME, Sembcorp Marine, NOV, CIMC Raffles,
SHI, HHI, CSIC Dalian, and CMHI. The report includes basic company
information, their manufacturing base, overviews their competitors,
and analyzes their product type, application, and specification. For
each of the manufacturers, the report studies the shares in 2015 and
2016, competitive scenario, and evaluates the shares of top 3 and top
5 manufacturers.
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