Iraq Oilfield Services Market is Expected to Reach USD 11.2 Billion in 2022: Ken Research REQUEST FOR SAMPLE REPORT Buy Now 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 href=”https://www.kenresearch.com/energy-and-utilities/oil/iraq-oilfield-drilling-services-market-2022/142306-103.html” target=”_blank” rel=”noopener”>Buy Now Iraq Oilfield Services Market by Region (North and South), by Type (Operations, Engineering and Fabrication, Reservoir/ Seismic Services and Exploration, Decommissioning). Iraq Drilling Services Market by Region (North and South) Market Share of Major players in Iraq Oilfield Services Market (Schlumberger, Halliburton, Weatherford, Baker Hughes and others). December 2017 |Iraq News End of ISIS control in northern Iraq and political stability in country is expected to have positive impact on development of oil and oilfield services industry in the country. Foreign companies are expected to continue their dominance in the Iraqi oilfield services market as domestic companies lack technology and R&D infrastructure. Drilling Services will pick up demand as Iraq expands its oil production capacity to more than 6.0 million barrels per day. Iraq drilling and oil field services is expected to register double digit growth in the Northern Iraq with services mainly related to repair and maintenance of damaged wells during war. The Oil Ministry invited bids to develop three fields in southeastern Maysan province, Dujail, Kumait and Rifai. The Ministry of oil in Iraq has projected that country will be able to achieve an output of 6 mbopd by 2021 with majority of the oil coming from south of Iraq. Iraq is planning to start offshore oil and gas exploration to boost the OPEC nation’s reserves. All these factors are expected to have positive impact on demand for oilfield services in the country. Rising production will remain the key driver for demand for oilfield services in future with majority of the revenue coming from operation, engineering, fabrication, and installation. Seismic exploration of new areas as well as reconstruction of oilfield in the northern part is expected to drive the market in the next two years. New investments in oil and gas sector are expected to be marred by increased defense budget and stabilizing the socio economic conditions of the country. Fear of internal conflict and poor stability of the political regime in the country creates negative investment sentiment. Lack of clarity on regulation and poor foresightedness of the government in development of oil sector may further impact the development of oilfield services in the country. Corruption is another factor that may have negative impact on investment sentiments. Market for oil field services will be largely driven by increased production capacity and drilling industry will be largely driven by government’s plans to further enhance the production capacity. Stability in North is expected which will have positive impact on the overall oilfield services market. Schlumberger, Weatherford, and Halliburton are expected to remain the largest oilfield services company in the country. Significant rise of Chinese companies is expected considering the increased trade of oil and investment of Chinese companies in oil and gas sector of Iraq. Domestic companies in the country are also expected to gain some business but growth is expected to be much lower due to lack sufficient capital and technology. Analysts at Ken Research in their latest publication Iraq Oilfield and Drilling Services Market by Region (North and South Iraq), by Oilfield Service Type (Operations, Engineering and Fabrication, Reservoir/ Seismic Services and Exploration, Decommissioning) – Outlook to 2022 believe that promoting political stability through dialogues and negotiations and promulgating favorable laws that promote investment sentiments among foreign investors will give boost to the oil and gas sector in the country. Investment in R&D related to detailed and scientific exploration will help better assessment of oil and gas potential and selection of area for further drilling and auctioning new field for further development. Iraq oilfield services market is expected to register positive CAGR during the period 2017-2022. High dependency of economy on oil revenue and stabilizing political situation are expected to have positive impact on the demand for oilfield services. The report provides information on market size of the Iraq Oilfield Services and Iraq Drilling Services Market, market segmentation on the basis of type of service, by region, and market share of major companies. Key Topics Covered in the Report: – Major Oilfields in Iraq Iraq Oilfield Services Market Value Chain Oilfield Services Iraq Market Size Iraq Oilfield Services Oilfield Services Market Trends Number of Completed Wells Iraq Number of Active Rigs Iraq Iraq Oilfield Services Industry Drivers Oilfield Services Iraq Trends Iraq Oilfield Services Market Government Regulations Oilfield Services Major Companies in Oilfield Services Market Future Iraq Drilling Services Market Oilfield operations revenue Iraq Schlumberger Revenue Iraq Halliburton Market Share Iraq Seismic Exploration Oilfields Iraq Political Situation Iraq Oilfields North Iraq Oilfield Market South Iraq Oilfield Services Market Weatherford Market Share Iraq Decommissioning Services Oilfield Iraq Seismic Services Iraq Oilfield Market For More Information about the publication, refer to below link: https://www.kenresearch.com/energy-and-utilities/oil/iraq-oilfield-drilling-services-market-2022/142306-103.html Related Reports by Ken Research: – UAE Genset Market Outlook to 2021 – Rising Number of Construction Projects and Commercial Sector to Foster Growth Asia Pacific Engineering Plastics Market Outlook to 2018 – Growing Economy and Emergence of Global Players to Intensify the Demand India Organic Chemical Industry Outlook to 2019 – Driven by Consumer Preferences and Integrated Production of Chemicals Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Decommissioning Services Oilfield Iraq, Drivers Oilfield Services Iraq, Future Iraq Drilling Services Market, Government Regulations Oilfield Services, Halliburton Market Share Iraq, Iraq Oilfield Services Industry, Iraq Oilfield Services Industry Research, Iraq Oilfield Services Industry Research Report, Iraq Oilfield Services Market, Iraq Oilfield Services Market Application, Iraq Oilfield Services Market Forecast, Iraq Oilfield Services Market Future Outlook, Iraq Oilfield Services Market Growth, Iraq Oilfield Services Market Key Players, Iraq Oilfield Services Market Overview, Iraq Oilfield Services Market Research, Iraq Oilfield Services Market Research Report, Iraq Oilfield Services Market Revenue, Iraq Oilfield Services Market Scope, Iraq Oilfield Services Market Segmentation, Iraq Oilfield Services Market Share, Iraq Oilfield Services Market Size, Iraq Oilfield Services Market Trends, Iraq Oilfield Services Market Value, Major Companies in Oilfield Services Market, Major Oilfields in Iraq, Market Size Iraq Oilfield Services, North Iraq Oilfield Market, Number of Active Rigs Iraq, Number of Completed Wells Iraq, Oilfield operations revenue Iraq, Oilfield Services Market Trends, Political Situation Iraq Oilfields, Schlumberger Revenue Iraq, Seismic Exploration Oilfields Iraq, Seismic Services Iraq Oilfield Market, South Iraq Oilfield Services Market, Trends Iraq Oilfield Services Market, Value Chain Oilfield Services Iraq, Weatherford Market Share Iraq