MRO Magazine

Research and Markets: Global Offshore Drilling Market 2015 Report With Ensco, Halliburton, Schlumberger, Seadrill, Transocean and Weatherford International Dominating

August 14, 2015 | By Business Wire News


Research and Markets ( has announced the addition of the “Global Offshore Drilling Market 2015-2019” report to their offering.

Over the years, there have been tremendous advancements in technologies that have led to the increase in extraction of offshore reservoirs. These technological advancements include unlocking the potential of offshore oil and gas, the development and determination of reserves, well log interpretation, and the development of well simulation models. Also, the market vendors are increasing their investments in R&D for developing improved technologies in order to increase productivity and reduce the cost and risk associated with offshore drilling. Therefore, rapid technological advancement is one of the key trends that is expected to propel the growth of the global offshore drilling market during the forecast period by assuring quicker returns on investment to the vendors.

According to the report, the global offshore drilling market to grow at a CAGR of 9.25% in terms of revenue over the period 2014-2019. Increasing consumption of oil and gas is one of the major driving factors in the global offshore drilling market. The demand for oil and gas is rapidly increasing from various end-user segments. This in turn has forced various vendors and governments to invest in deep sea and ultra-deep sea drilling to enhance the global oil and gas production and maintain demand-supply balance in the market. Also, it is expected that diminishing extraction from onshore oil and gas resources will further drive the global offshore drilling market.

One of the major challenges confronting the market are the increasing environmental concerns relating to offshore drilling.

Key Topics Covered

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Application
  8. Market Segmentation by Rig Type
  9. Geographical Segmentation
  10. Key Leading Countries
  11. Buying Criteria
  12. Market Growth Drivers
  13. Drivers and their Impact
  14. Market Challenges
  15. Impact of Drivers and Challenges
  16. Market Trends
  17. Trends and their Impact
  18. Vendor Landscape
  19. Key Vendor Analysis

Companies Mentioned

  • Atwood Oceanics
  • China Oil Field Services
  • Diamond Offshore Drilling
  • Ensco
  • Fred Olsen Energy
  • Gyrodata
  • Halliburton
  • KCA Deutag
  • Maersk Drilling
  • Nabors Industries
  • Noble
  • Rowan Companies
  • Schlumberger
  • Scientific Drilling International
  • Seadrill
  • Superior Energy Services
  • Transocean
  • Weatherford International

For more information visit

Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Oilfield Equipment and Services


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