Middle East Oil fields Services Market is estimated to record revenues worth USD 13.4 billion by 2019: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Buy Now Higher E&P Expenditure, financial durability of the companies and customers are likely to drive growth of oilfields in Middle East Middle East Drilling Market is estimated to record revenues worth USD 88.2 billion by 2019. The surge in active rigs in the region, backed by shift in focus towards onshore drilling is projected to fuel market growth Ken Research announced its latest publication on “Middle East Oilfields and Drilling Services Market Outlook to 2019 – Future Growth led by Deepwater Drilling and Quest for Increased Production” which presents a comprehensive analysis of the drilling and oilfield services industry, including market size of the drilling and oilfield services at the Middle East level. The market for oilfields and drilling services has been individually covered and comprehensively explained. The market for oilfields in Middle East has been segmented on the basis of geography, services and applications. The competition profile is covered in detail with the market share been explained for each services involved in oilfield services market with detailed company profile of each player. On the other side, drilling services market has also been segmented on the basis of geography, services and applications. The report shed light on the business model adopted by the drilling service providers in Middle East. Moreover, the report analyzes the performance of every country in drilling and oilfield services domain, by showcasing the market size of each country. The report also entails a detailed description on the recent trends and developments in the market, government regulations and the macroeconomic factors which have a direct bearing on the market. The oilfield services are used at every stage of the life cycle for development of oil field including exploration, production, drilling, well intervention and development, completion, waste management and other development stages of the life cycle of an oilfield. Middle East OFS industry valued to around USD 9.7 billion in the year 2014, driven by the increased Enhanced oil recovery (EOR) and increased number of mature fields. The presence of huge reserves in the region out of which many are yet to be explored and exploited presents an extensive market to the OFS companies in Middle East as compared to any other geographical locations across the globe. The OFS industry in Middle East is likely to witness a CAGR of ~% from 2015 to 2019 and shall value to approximately USD ~ million by the end of 2019. Each company in the market have to develop and deploy technology which will enable the producers to increase exploration and production levels, enhance probability of success rates, reduce operational costs, reduce drilling rig time and support faster production, so as to establish itself as a technological leader and sustain a large market share over a significant period of time. The drilling services industry of Middle East demonstrated strong fundamentals, a well-built growth and increased activity as compared to any other region across the globe during the past few years 2009-2014. The demand for drilling services is budding up with growing drilling activities in onshore as well as in offshore oil fields. Some of the drilling services like directional drilling, land drilling, offshore drilling, well service and work over are becoming essence, with the amplified development of oil & gas exploration and production activities. The cost of operating drilling rigs is an important factor to bear in mind when considering which oil regions are suffering the most in the current low oil price environment. The drilling services market in Middle East is likely to face marginal slowdown in terms of revenue growth, owing to subdued crude oil prices. However, in the long run the prices of crude oil will become stable along with the prospects of surge in drilling demand. The Research Analyst, at Ken Research recommends that the players operating into the drilling and oilfield services have to enhance their E&P expenditure. Moreover, as per the scenario, most of the wells in Middle East are drilled onshore. However, as the companies are projected to venture into the offshore markets, the offshore applications of these techniques is likely to witness an increase especially in the regions such as UAE, Saudi Arabia and Oman where the onshore drilling market share is anticipated to deteriorate. Key Topics Covered in the Report: – Middle East Oilfield Services Market Market Size by Revenues Market Segmentation by Geography Types of Services Application Market Share in Oilfields By Pressure Pumping By Wireline Services By Completion Services and Equipments Pre-requisites for Oilfield Services Porter Five Force Analysis Company Profile for Major Players Recent Deals and Investments Future Outlook Middle East Drilling Services Market Market Size by Revenues Market Segmentation by Geography Types of Services Application E&P Value Chain Business Model in Drilling Services Market Company Profiles Future Outlook Country Wise Snapshot Saudi Arabia (Introduction, Market Size and Trends and Developments) UAE(Introduction, Market Size and Trends and Developments) Kuwait(Introduction, Market Size and Trends and Developments) Iraq(Introduction, Market Size and Trends and Developments) Iran(Introduction, Market Size and Trends and Developments) Qatar(Introduction, Market Size and Trends and Developments) Oman (Introduction, Market Size and Trends and Developments) Egypt(Introduction, Market Size and Trends and Developments) Trends and Developments Growth Drivers and Restraints Pest Analysis SWOT Analysis Investment Model of a Rig Macroeconomic Factors Key Products Mentioned in the Report OCTG Pressure Pumping Wireline Services Drilling and Completion Fluids Completion Equipment and Services Coiled Tube Services Contractual Drilling Directional Drilling LWD/MWD Drilling Waste Management Services Companies Covered in the Report Oilfield Services Schlumberger Halliburton Baker Hughes Weatherford Drilling Services Nabors Industries ENSCO PLC Noble Drilling Corporation Rowan Companies Related Reports by Ken Research: – Iraq Drilling And Oilfield Services Industry Outlook To 2018 – Rising Crude Oil Production And Oil Revenue To Spur Growth Global Offshore Rig Construction Market Outlook To 2018 – Rising Energy Demand & Deepwater Drilling Activities To Intensify The Market Global OCTG Market Outlook To 2018 – Rising Level Of Deepwater Exploration To Stimulate Market Growth Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Age of Stationary Iran, Average Day rate Middle East, Baker Hughes Middle East Oil fields Services Market, Breakeven Crude Oil Price Middle East, British Petroleum Middle East Oil fields Services Market, China National Petroleum Cooperation Middle East Oil fields Services Market, Construction Cost Distribution for Drilling Rig, Contracts Awarded Drilling Services Middle East, Contracts Weatherford International Statistics, Contractual Drilling Companies Statistics, Drilling Services, Egypt Investment Model Rig, Halliburton Market Share, Halliburton Middle East Oil fields Services Market, Iran Drilling Activities Statistics, Iran Mergers Acquisition, Iranian Oil Company, Iraq Exploration Production, Iraq Floating Fleet, Iraq Oilfield and Refineries Projects, Jackup Design Class Properties, Kuwait Drill Pipes, Land Drilling Rigs Major Companies, Marginal Cost of Production Middle East, Middle East Active Rigs Statistics, Middle East Completion Services Market Share, Middle East Wireline Services Market Share, New Build Cost Middle East, Offshore and Onshore Revenue, Oil and Gas Projects in UAE, Oil Gas Value Chain, Oilfield Drilling Company Financial Performance, Oilfields and Producing Wells UAE, Oman Deal Activity, Oman Rig Fleet, PEST Analysis Middle East Oilfield, Qatar Oil Country Tubular Goods OCTG Market, Reserves in Million Barrels Saudi Arabia, Royal Dutch Shell Middle East Oil fields Services Market, Saudi Arabia Drilling Services Market, Schlumberger Limited Middle East Oil fields Services Market, Schlumberger Market Revenue, UAE Oilfield Services Market, UAE Oilfields and Producing Wells, Utilization Rate Saudi Arabia, Weatherford International Middle East Oil fields Services Market
