Oilfield Services Market is Set for a Rapid Growth and is Expected to Reach $125.51 Billion by 2022
The oilfield services market is expected to grow at a CAGR of 3.35%, from 2017 to 2022, to reach a market size of USD 125.51 billion by 2022. Increasing shale gas production, growing global E&P spending, and lifting of Iranian oil export sanctions are the major drivers of the oilfield services market.
The oilfield services market is dominated by a few major players that have a wide regional presence...