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Offshore Drilling Rigs Market Demand, Rising Trends and Technology Advancements 2022 to 2029

Offshore Drilling Rigs Market | 2022 Energy And Power Industry Global Analysis by Covid-19 Impact On, Size, Trends, Growth, Share, Business, Key Players, Merger, Statistics, Competitive Landscape, And Regional Forecast To 2029 is latest study published by Fortune Business Insights.

To understand long -term and short-term impact of COVID-19 on this market, Get Sample Report:  https://www.fortunebusinessinsights.com/industry-reports/offshore-drilling-rigs-market-100280 

Global Offshore Drilling Rigs Market Highlights:

The global offshore drilling rigs market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America and Latin America have proven offshore oil and gas reserves which mainly include Western Hemisphere, Canada, Venezuela, and the United States. The Gulf of Mexico is a large basin for oil production since the last decade. Abundant energy sources are available in these regions and government & private entities are investing to develop offshore drilling which enhances the oil production in the region. Asia Pacific countries are increasing their offshore exploration and production (E&P) activities in order to increase domestic production of energy sources and reduce their rising dependence on imported oil and gas. The Asia Pacific has witnessed the fastest economic growth in the world since a decade due to emerging economies such as China, India, Japan, Indonesia, and Thailand. Rapid economic growth has resulted in a sharp consumption of energy resources which increased the dependency on imported oil and gas. The countries in this region are coming forward for making an investment in offshore exploration and production which expected to increase the growth of offshore drilling rigs. Offshore oil and gas production constitutes an indigenous energy source of hydrocarbon in Europe. The hundreds of platforms are actively operating in the North Sea for hydrocarbon production in the German, Danish, Irish, Norwegian and UK sections. Around 9% of the total oil and gas consumption in Europe comes from offshore exploration and production. Countries in the Middle East & Africa are primarily producing hydrocarbons from onshore areas but to meet the increasing demand for oil & gas, various countries like Saudi Arabia, Iran, UAE, Nigeria, Egypt, Angola and Algeria are eyeing an offshore exploration and production which will enhance the overall growth of the offshore drilling rigs in this region.

 

Major Offshore Drilling Rigs Market Manufacturers covered in the market report include:

  • Schlumberger
  • Halliburton
  • Baker Hughes
  • Transocean,
  • Ensco Plc
  • Diamond Offshore Drilling
  • Rowan Companies
  • Noble Corporation
  • Seadrill
  • Weatherford International
  • Stena Drilling
  • China Oilfield Services Limited (COSL)
  • Nabors Industries
  • Saipem
  • KCA Deutag
  • Parker Drilling.

 

The report for Global Offshore Drilling Rigs Market Revenue of Fortune Business Insights covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. Moreover, report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. Furthermore, report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

The Global Offshore Drilling Rigs Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Moreover, development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market. Furthermore, the report offers a detailed analysis and information as per Offshore Drilling Rigs Market Growth Analysis by manufacturers, market segments helping our readers to get a comprehensive overview of the global market. Several players are planning to focus on developing cost-effective products or services, aiming to maintain a strong foothold in the market.

Out research methodology is robust and includes data triangulation based on bottom-up and top-down approaches. We validated the approximate market number with the help of primary research. Furthermore, Secondary research was conducted to find out detailed information about mergers and acquisitions, collaborations, joint ventures, and agreements. Moreover, we have derived significant information about the market dynamics associated with growth drivers, trends, and obstacles.

Offshore Drilling Rigs Market Regional Analysis:

Moreover, This report focuses on Offshore Drilling Rigs Market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application. Regional analysis is another highly comprehensive part of the research and analysis study of the global market presented in the report. This section sheds light on the sales growth of different regional and country-level markets. For the historical and forecast period to 2029, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global market.

Highlights of the Report:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Supply Chain Analytics market.

Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Supply Chain Analytics market

Offshore Drilling Rigs Market Industry Competitive Analysis:

In April 2019, Saipem has secured a deal worth $200 million for two offshore drilling contracts in Norway and Middle East. First agreement was signed with Wintershall for drilling of two wells plus two optional wells in offshore Norway. Second agreement was obtained for a four-year extension of the use of the high specs Jack up Perro Negro7 in Middle East.

In December 2018, Halliburton has signed up two contracts with Eni Iraq BV (Eni) to provide integrated drilling services at Eni’s Zubair Oil Field in Southern Iraq. Under this contract Halliburton will deploy 4-6 rigs for drilling development wells over the next two years.

 

Key questions answered in the report:

  • What will the market growth rate of Offshore Drilling Rigs Market in 2029?
  • What are the key factors driving the global Market?
  • Who are the key manufacturers in space?
  • What are the market opportunities, market risk and market overview of the Global Market?
  • What are sales, revenue, and price analysis of top manufacturers of Global Market?

Table Of Content:

Moreover, Introduction

1.1. Moreover, Research Scope

1.2. Moreover, Market Segmentation

1.3. Moreover, Research Methodology

1.4. Moreover, Definitions and Assumptions

Executive Summary

Market Dynamics

3.1. Moreover, Market Drivers

3.2. Moreover, Market Restraints

3.3. Moreover, Market Opportunities

Moreover, Key Insights

4.1. Key Industry Developments – Moreover, Merger, Acquisitions, and Partnerships

4.2. Porter’s Five Forces Moreover, Analysis

4.3. Moreover, SWOT Analysis

4.4. Moreover, Technological Developments

4.5. Moreover, Value Chain Analysis

4.6. Moreover, Impact of COVID-19 on Market

  1. Key Findings / Moreover, Summary

5.1 North America Sales, Revenue and Market Share by Country

5.1.1 North America Sales and Market Share by Country (2022-2029)

5.1.2 North America Revenue and Market Share by Country (2022-2029)

5.2 United States Sales and Growth Rate (2022-2029)

5.3 Canada Sales and Growth Rate (2022-2029)

5.4 Mexico Sales and Growth Rate (2022-2029)

8 South America by Country

8.1 South America Sales, Revenue and Market Share by Country

8.1.1 South America Sales and Market Share by Country (2022-2029)

8.1.2 South America Revenue and Market Share by Country (2022-2029)

8.2 Brazil Sales and Growth Rate (2022-2029)

8.3 Argentina Sales and Growth Rate (2022-2029)

8.4 Colombia Sales and Growth Rate (2022-2029)

9 Middle East and Africa by Countries

9.1 Moreover, Middle East and Africa Sales, Revenue and Market Share by Country

9.1.1 Middle East and Africa Sales and Market Share by Country (2022-2029)

9.1.2 Moreover, Middle East and Africa Revenue and Market Share by Country (2022-2029)

9.2 Saudi Arabia Sales and Growth Rate (2022-2029)

9.3 Moreover, Turkey Sales and Growth Rate (2022-2029)

9.4 Egypt Sales and Growth Rate (2022-2029)

9.5 Moreover, Nigeria Sales and Growth Rate (2022-2029)

10 Offshore Drilling Rigs Market In Developing Countries

11 South America Analysis by Countries

12 Moreover, Competitive Landscape

13 Moreover, Industry Outlook

13.1 Moreover, Market Driver Analysis

13.1.2 Moreover, Market Restraints Analysis

13.1.3 Moreover, Market Trends Analysis

13.2 Moreover, Merger, Acquisition and New Investment

13.3 Moreover, News of Product Release

14 Moreover, Global Forecast

15 Moreover, New Project Feasibility Analysis

15.1 Moreover, Industry Barriers and New Entrants SWOT Analysis

15.1.1 Moreover, Porter’s Five Forces Analysis

15.1.2 Moreover, New Entrants SWOT Analysis

15.2 Moreover, Analysis and Suggestions on New Project Investment

Continued…

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