NEW YORK, March 6, 2017 /PRNewswire/ -- The Global Offshore Drilling Market is poised to grow at a CAGR of around 6.2% over the next decade to reach approximately $153 billion by 2025. Some of the prominent trends that the market is witnessing include increasing investments in emerging regions, burgeoning consumption of oil & gas across globe, recent technological developments of offshore drilling and growth opportunities/investment opportunities.
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Based on application the market is categorized into deepwater drilling, shallow water drilling and ultra-deepwater drilling.
Depending on the service the market is segmented by offshore contract drilling, offshore directional drilling, Offshore Logging While Drilling (LWD), Offshore Measurement While Drilling (MWD) and subsea production & processing.
This industry report analyzes the market estimates and forecasts for all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2013, 2014 revenue estimations are presented for 2015 and forecasts from 2016 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
Regional Analysis: North America - US - Canada - Mexico
Europe - France - Germany - Italy - Spain - UK - Rest of Europe
Asia Pacific - China - Japan - India - Australia - New Zealand - Rest of Asia
Middle East - Saudi Arabia - UAE - Rest of Middle East
Latin America - Argentina - Brazil - Rest of Latin America
Rest of the World - Africa - Caribbean
Report Highlights: - The report provides a detailed analysis on current and future market trends to identify the investment opportunities - Market forecasts till 2025, using estimated market values as the base numbers - Key market trends across the business segments, Regions and Countries - Key developments and strategies observed in the market - Market Dynamics such as Drivers, Restraints, Opportunities and other trends - In-depth company profiles of key players and upcoming prominent players - Growth prospects among the emerging nations through 2025 - Market opportunities and recommendations for new investments
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- Perriello comes out against pipeline and, in a shift, says he is skeptical of offshore drilling - Washington Post [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- AGL to head offshore amid limited growth options locally - The Sydney Morning Herald [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
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- Wind Overtakes Coal Power in Europe as Turbines Head Offshore - Bloomberg [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Cuba Eager to Develop Offshore Oil Reserves | OilPrice.com - OilPrice.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
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- Statoil looks to Newfoundland offshore after selling off all oilsands assets - Globalnews.ca [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Coalition urged to charge 10% royalty on offshore oil and gas projects - The Guardian [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Israel Puts Off License Award In First Offshore Oil, Gas Bid Round - OilPrice.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Cost Impact of Immigration and Visa Reform to US Customers Using Offshore Services - Forbes [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- These Offshore Drilling Stocks Are Up Big as Earnings Season Starts - Fox Business [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
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- Shares of Seadrill Went in the Exact Opposite Direction of Other Offshore Drillers in January - Motley Fool [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- After selling off all oilsands assets, Statoil looks to Newfoundland offshore - Calgary Herald [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Oil and Gas Stock Roundup: The Outlook for Offshore Drilling Continues to Dim - Fox Business [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Diamond Offshore Surprises Everyone With a Fourth Quarter ... - Motley Fool [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Diamond Offshore Is A Hold - Seeking Alpha [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Trudeau: Arctic offshore drilling too dangerous - The Independent Barents Observer [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Don't Overlook This Cost-Effective Alternative To Offshore Services - Forbes [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Legislation could mean an economic boost in New Bedford offshore wind projects - SouthCoastToday.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Ontario signals extension on offshore wind project moratorium - BNN [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
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- Director hits back at offshore worker blacklisting claims - BBC News [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- OPEC Report: Pressure On Offshore Drilling Remains - Seeking Alpha [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
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- Trump urged to back offshore - Offshore Wind | reNEWS ... - reNews [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
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- US Wind Secures Cabling Partner For MD Offshore Project - North American Windpower [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
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- Enbridge Partners with EnBW on 497-MW German Offshore Wind Project - Marketwired (press release) [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
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- JDR wins US offshore wind farm work - OE Digital [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Offshore Drilling - 2 Floaters Needed In The Verbier Field And In The Partridge Prospect In UK North Sea - Seeking Alpha [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Rystad Energy Believes That Offshore Projects Are Becoming Competitive Again - Seeking Alpha [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
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- Offshore drilling opponents re-gear for new round of battles | News ... - Charleston Post Courier [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Hornbeck Offshore Services: Too Many Problems Will Drag The Stock Further Down - Seeking Alpha [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- US grid can handle more offshore wind power, cutting pollution and power costs - Science Daily [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Fugro to conduct natural leakage survey in offshore Kenya ... - Offshore Technology [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
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- Trump to seek jobs advice from firms that offshore US work - Reuters [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- W&T Offshore Expected to Reduce Net Losses in 4Q16 - Market Realist [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]