1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Offshore Oil Rig & Platform Construction - Industry Market Research Report

Lost at sea: Falling oil prices will take a toll on industry revenue



Abstract

Offshore Oil Rig & Platform Construction

The Offshore Oil Rig and Platform Construction industry plays an important role in the United States' energy sector. The Deepwater Horizon oil spill in 2010 brought offshore drilling into the forefront of environmental debates regarding the costs of oil extraction. But the industry performed strongly following the end of the Obama administration's six-month moratorium on offshore drilling. Nonetheless, oil price weakness starting in 2014 is anticipated to weigh heavily on industry performance. Over the five years to 2016, IBISWorld expects industry revenue will decline at an annualized rate 4.9% to $1.7 billion, including a decline of 2.1% in 2016.

This industry constructs offshore drilling platforms, also known as oil rigs, for oil exploration companies. Many operators also provide offshore platform support services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



Related Reports

Oil Drilling & Gas Extraction in the US

Oil & Gas Field Services in the US

Ship Building in the US

Boat Building in the US

Oil & Gas Pipeline Construction in the US

Table Of Contents

Offshore Oil Rig and Platform Construction - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

Gulf Island Fabrication Inc.

Keppel Offshore and Marine

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Offshore Decommissioning Market

Global Offshore Decommissioning Market

  • $ 4250
  • Industry report
  • December 2016
  • by Mordor Intelligence LLP

Global Offshore Decommissioning of Oil and gas Installations Market is expected to increase at a CAGR of 20.4 percent from 2015 to 2020. Although more than XXXX a year is being spent exploring for and ...

Global Offshore Drilling Rigs Market

Global Offshore Drilling Rigs Market

  • $ 4250
  • Industry report
  • December 2016
  • by Mordor Intelligence LLP

The offshore drilling rig market is expected to reach USD XX billion by 2021, growing at a CAGR of XX% from 2016- 2021. Continued development of offshore reserves and rising deepwater production to offset ...

Global Floating Production Systems Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

Global Floating Production Systems Market Insights, Opportunity Analysis, Market Shares and Forecast, 2016 - 2022

  • $ 3900
  • Industry report
  • November 2016
  • by Occams

Floating production systems are offshore production technique that is used for the production of hydrocarbons. The procedure consisted separates gas, oil, water sand and so on, and distributes the yields ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.