Offshore Support Vessel Market Booming Worldwide with Strong Growth by 2026
The global Offshore Support Vessel Market is expected to grow from an estimated USD 22.0 billion in 2021 to USD 26.8 billion by 2026, at a CAGR of 4.0%, during the forecast period. The market growth is driven by robust investments in the offshore oil & gas and renewable sectors. Increasing deepwater activities and decommissioning of aging offshore infrastructure is likely to offer lucrative...
Well Intervention Market Rising Trends, Growing Demand and Business Opportunities by 2026
New Revenue Pockets:
The global well intervention market is projected to reach USD 9.3 billion by 2026 from an estimated USD 7.6 billion in 2021, at a CAGR of 4.2 % during the forecast period. The global well intervention market is driven by the upsurge in the new oil and gas discoveries and increase in production of oil & gas by countries owing to rising demand from the Asia Pacific.
The...
Digital Oilfield Market to Grow $32.0 Billion by 2026
According to the new market research report “Digital Oilfield Market by Solution (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore and Offshore), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the global digital oilfield market size is expected...
Growing Demand for Well Intervention Operations is Driving the Coiled Tubing Market
New Revenue Pockets:
The global coiled tubing market size is projected to reach USD 4.0 billion by 2025 from an estimated USD 3.0 billion in 2020, at a post COVID-19 CAGR of 5.8% during the forecast period. Stabilized oil prices have revitalized the exploration & production expenditures globally. This has led to increased investments in the enhancement of productivity of oil & gas wells....
Well Testing Services Market to Reach $8.8 Billion by 2026
According to the new market research report
“Well
Testing Services Market by Services (Downhole Well Testing, Surface
Well Testing, Reservoir Sampling, Real Time Well Testing, Hydraulic Fracturing
Method Testing) by Application (Onshore, Offshore), by Well Type (Horizontal
Wells, Vertical Wells), by Stages (Exploration, Appraisal, Development,
Production) by Region – Global Forecast to...
Well Casing & Cementing Market Size to Reach $11.7 Billion by 2024
The global Well
Casing & Cementing Market is projected to reach USD 11.7 billion by
2024 from an estimated USD 9.2 billion in 2019, at a CAGR of 5.0% during the
forecast period. Increasing drilling activities along with shale developments
in North America, Asia Pacific, and some parts of South & Central America
are the driving factors for the well casing & cementing market, globally.
The...
Offshore Decommissioning Market Booming Worldwide with Stunning Growth
According to the new market research report
“Offshore Decommissioning Market by Service (Well Plugging &
Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater)
Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete),
and Region – Global Forecast to 2027″,
published by MarketsandMarkets™, the Offshore Decommissioning Market
size is...
Offshore Support Vessel Market expected to Grow $26.8 Billion by 2026
According to the new market research report
“Offshore Support Vessel Market by Type (AHTS, PSV, MPSV, Standby &
Rescue Vessel, Crew Vessel, Chase Vessel, Seismic Vessel), Application (Shallow
water and Deepwater), End-User (Oil & Gas and Offshore Wind), and Region –
Global Forecast to 2026″, published
by MarketsandMarkets™, the global Offshore Support Vessel Market is expected...
Offshore Pipeline Market to See Strong Expansion through 2018-2023
The global offshore
pipeline market is expected to grow from USD 11.5 million in 2018 to USD
15.8 billion by 2023, at a CAGR of 6.54% during the forecast period. The major
factors driving the offshore pipeline market include increasing demand for
crude oil and natural gas, especially from the Asia Pacific region. Increasing
demand for safe, economical, and reliable connectivity is expected to drive...
Artificial Lift Market to Hit $10.3 Billion by 2025
The global Artificial Lift Market is
projected to reach USD 10.3 billion by 2025 from an estimated USD 8.0 billion
in 2020, at a CAGR of 5.0% during the forecast period. Continuous shale
development and the growing investments in the upstream
oil and gas sector is driving the demand for Artificial Lift Market. Moreover,
the rising number of mature fields in Europe and the Middle East, along with
new...