Schlumberger is the Market Leader with the Largest Share in the Total Oil Field Services Market in Middle East The oilfield services market in Middle East was exposed to increased exploration and production activities in the past five years 2009-2014. The fundamental outlook of the oilfield services during the last five years surged with the increased capital spending in the market and a robust demand for energy. The spurred investments in the deepwater and… Read More »
The Drilling Services Market of Middle East is Expected to Reach USD 88 Billion in the Near Future Oil and Gas industry is highly volatile and cyclical market. The growth of oilfield services industry was directly proportional to the growth in oil and gas industry. The global oilfield services industry was highly competitive with a lion’s share occupied by the Big Four’s, namely, Schlumberger, Halliburton, Baker Hughes and Weatherford. The companies which provide… Read More »
Middle East Oil fields Services Market is estimated to record revenues worth USD 13.4 billion by 2019: Ken Research 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… Read More »
