1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Market Trends
  5. > Middle East Oilfields and Drilling Services Market Outlook to 2019-Future Growth led by Deepwater Drilling and Quest for Increased Production

EXECUTIVE SUMMARY

The report titled “Middle East Oilfields and Drilling Services Market Outlook to 2019-Future Growth led by Deepwater Drilling and Quest for Increased Production” presents a comprehensive analysis of the drilling and oilfield services industry including market size of the drilling and oilfield services in the Middle East. The market for oilfields and drilling services has been individually covered and comprehensively explained. The market for oilfields in Middle East has been segmented on the basis of geography, services and applications. The competition and company profile is covered in detail along with the market share for each services involved in oilfield services market. Drilling services market has also been segmented on the basis of geography, services and applications. The report shed light on the business model adopted by the drilling service providers in the Middle East. Moreover, the report analyzes the performance of every country in drilling and oilfield services domain by showcasing the market size of each country (Saudi Arabia, UAE, Kuwait, Iraq, Iran, Qatar, Oman and Egypt). The report also entails a detailed description on the recent trends and developments in the market, government regulations and the macroeconomic factors which have a direct bearing on the market.

Middle East Oilfield Services Market

The downfall in the commodity prices had a ripple effect on global oil field services and drilling services market as well as across the whole oil and gas value chain. However, Middle East markets were largely unchanged and came out to be the only vivid region globally where the E&P companies have augmented their capital spending in exploration, production and drilling activities. In the year 2014, Saudi Arabia has been the largest country in terms of oilfield services that has commanded revenues share worth ~%. The Oil Country Tubular Goods (OCTG) comprising of the drill pipes, casings and other equipments has been the largest and fastest growing segment of oilfield services in Middle East. It accounted for ~% of the overall OFS market revenues. In 2014, the share of onshore oil fields services in the overall market was positioned at ~% which accounted to approximately USD ~ billion.

The market was led by Schlumberger which occupied a colossal share of ~% from the total OFS market of Middle East followed by Halliburton with a market share of ~%. Baker Hughes and Weatherford stood at a share of ~% and ~% respectively in terms of revenues. The global mergers and acquisitions activities in oil and gas industry was approximately worth USD ~ billion in 2014 as compared to USD ~ billion in 2013. Oil and gas M&A activity was influenced due to decline in oil prices during 2013. The deal activity of oilfield services in Middle East was USD ~ billion in 2014.

?
Middle East Drilling Services Market

The drilling services industry of Middle East demonstrated strong fundamentals, a well-built growth and increased activity as compared to any other region across the globe during the past few years 2009-2014. The drilling services industry is primarily a contractual industry which provides services to the exploration and production companies. The service are needed at every phase of the project’s lifecycle namely exploration, production, field development and for studies as well. As a result of the increased drilling activities the drilling services market of Middle East stood to be at USD ~ billion during 2014, witnessing a growth of ~% as compared to 2013 when the market valued to be USD ~ billion. The contractual drilling accounted for USD ~ billion in the year and had commanded a share of ~% from the overall drilling services market in Middle East during 2014. During 2014, Saudi Arabia has dominated the overall revenues in Middle East drilling services market and has commanded share worth 24% in terms of revenues during 2014. The drilling equipments market in Middle East is projected to exhibit promising growth in the forecasted period 2015-2019.

Key Topics Covered in the Report:

-The market size of the Middle East Oilfields Services and Drilling Services Market
-Market segmentation of the Middle East Oilfield Services on the basis of Geography, types of services and applications
-Market segmentation of the Middle East Drilling Services on the basis of Geography, types of services and applications
-Market Share of Major Players in Middle East Oilfield Services Market along with market share in each service categories
-Pre-requisites for Oilfield Services in Middle East
-Company Profile for Major Players in Middle East Oilfield Services and Drilling Services Market
-Future Outlook and Projections of Middle East Oilfield Services and Drilling Services Market
-Snapshot for Middle East Oilfield and Drilling Services in Saudi Arabia, UAE, Kuwait, Iraq, Iran, Qatar, Oman and Egypt
-Trends and Developments in Middle East Oilfield and Drilling Services
-Growth Drivers and Restraints in Middle East Oilfield and Drilling Services
-SWOT Analysis in Middle East Oilfield and Drilling Services
-PEST Analysis in Middle East Oilfield and Drilling Services
-Investment Model for a Rig
-Macro Economic Factors in Middle East Oilfield and Drilling Services

Table Of Contents

Middle East Oilfields and Drilling Services Market Outlook to 2019-Future Growth led by Deepwater Drilling and Quest for Increased Production
TABLE OF CONTENTS
1. Middle East Oilfield and Drilling Services Market Introduction
1.1. Global Overview
1.2. Middle East Outlook for OFS and Drilling Services Market
Major Oilfields Projects in Middle East, 2009-2014
1.3. Middle East in Context of Global Energy Supply and Energy Business
2. Middle East Oilfields Services Market Introduction
Technical Overview
Risk Factor Analysis in Middle East Oilfield Services Market
2.1. Value Chain Analysis of Middle East Oilfields Services Market
2.2. Middle East Oilfields Services Market Size by Revenues, 2009-2014
2.3. Middle East Oilfields Services Market Segmentation, 2009-2014
2.3.1. By Geography, 2009-2014
2.3.2. By Type of Services (Pressure Pumping, OCTG, Wireline, Well Intervention, completion Equipment and Services, Coiled Tube Services, Drilling and Completion Fluids), 2009-2014
2.3.3. By Application (Offshore and Onshore), 2011-2014
2.4. Market Share of Major Players in Middle East Oilfields Services Market, 2014
2.4.1. By Pressure Pumping Services, 2014
2.4.2. By Wireline Services, 2014
2.4.3. By Completion Services and Equipments, 2014
2.5. Pre-requisites for Oilfield Services Market in Middle East
Demand of Services-Exploration and Production Expenditure, 2009-2014
Crude Oil Prices, 2009-2014
Capital Investment
Advanced technology
Knowing the Customer base
Competitiveness
Government Regulations and Political Instability
2.6. Porter's Five Force Analysis of Oilfield Services in Middle East
Measures to Overcome Porter's Five Forces
2.7. NOCs Cooperation with IOCs in Middle East
2.8. Company Profiles of Major Players in Middle East Oilfields Services Market
2.8.1. Schlumberger
2.8.1.1. Business Overview
2.8.1.2. Business Strategies
2.8.1.3. Financial Performance, 2009-2014
2.8.1.4. Mergers and Acquisitions, 2010-2014
2.8.2. Halliburton
2.8.2.1. Business Overview
2.8.2.2. Business Strategies
2.8.2.3. Financial Performance, 2014
2.8.2.4. Mergers and Acquisitions, 2009
2.8.3. Baker Hughes
2.8.3.1. Business Overview
2.8.3.2. Business Strategies
2.8.3.3. Mergers and Acquisitions, 2009-2014
2.8.3.4. Financial Performance, 2014
2.8.4. Weatherford International
2.8.4.1. Business Overview
2.8.4.2. Business Strategies
2.8.4.3. Financial Performance, 2014
2.8.4.4. Major Contracts and Deals, 2009-2013
2.8.4.5. Mergers and Acquisitions and Joint Ventures, 2009-2012
2.9. Major Contract Models in Middle East Oilfield Services Market
2.10. Recent Deals, Investments and Joint Venture in OFS market of Middle East
2.11. Middle East OFS Market Future Outlook and Projections, 2015-2019
3. Middle East Drilling Services Market Introduction
Drilling Services Market Dynamics
Middle East as Emerging Market Focus for Drilling Services
3.1. Middle East Drilling Services Market Size by Revenue, 2009-2014
3.2. Middle East Drilling Services Market Segmentation, 2009-2014
3.2.1. By Types of Services (Contractual Drilling, Directional Drilling, Drilling Waste Management, Logging While Drilling), 2009-2014
3.2.2. By Application (Offshore and Onshore), 2009-2014
3.2.3. By Geography, 2009-2014
3.3. EandP Value Chain with Significance to Drilling Services Industry
Spending on Oilfields and Drilling Services by Types (Manufacturing of Equipment, Transport and Logistics, Seismic Services, Contract Drilling, Formation Evaluation, Drilling Related Services, Well Completion and Stimulation, Infrastructure, Production and maintenance)
3.4. Business Model of Drilling Contracts in Middle East
Day Work Contract
Footage Contract
Turnkey Contracts
Terms and Conditions of a Drilling Contract
3.5. Technological Advancements in Drilling Services
3.6. Company Profiles of Major Players in Middle East Drilling Services Market
3.6.1. Nabors Industries Ltd
3.6.1.1. Business Overview
3.6.1.2. Business Strategies
3.6.1.3. Rig Fleet
3.6.1.4. Financial Performance, 2009-2014
3.6.2. ENSCO PLC
3.6.2.1. Business Overview
3.6.2.2. Business Strategies
3.6.2.3. Financial Performance, 2009- 2014
3.6.2.4. Rig Fleet
3.6.2.5. Mergers and Acquisitions
3.6.3. Noble Drilling Corporation
3.6.3.1. Business Overview
3.6.3.2. Business Strategies
3.6.3.3. Financial Performance, 2009-2014
3.6.3.4. Rig Fleet
3.6.3.5. Mergers and Acquisitions, 2010 and 2013
3.6.4. Rowan Companies
3.6.4.1. Business Overview
3.6.4.2. Business Strategies
3.6.4.3. Financial Performance, 2009-2014
3.7. Middle East Drilling Services Market Future Outlook and Projections, 2015-2019
4. Rig Demand in Middle East
5. Country wise Snapshot of OFS in Middle East
5.1. Saudi Arabia
5.1.1. Introduction
Crude Oil Production and Consumption
Drilling Services Market
5.1.2. Saudi Arabia Oilfield Services Market Size by Revenues, 2009-2014
5.1.3. Saudi Arabia Drilling Services Market Size by Revenues, 2009-2014
5.1.4. NOCs in Saudi Arabia
5.1.5. Trends and Developments in Saudi Arabia Oilfield and Drilling Services Market
Oil Prices
New Technologies to Discover More Resources
Exploration and Development of Shale Reserves
5.1.6. Competitive Landscape of Saudi Arabia Oilfields and Drilling Services Market
5.2. United Arab Emirates (UAE)
5.2.1. Introduction
Crude Oil Production, 2009-2014
Active Rigs and Producing Wells, 2009-2014
5.2.2. UAE Oilfield Services Market Size by Revenues, 2009-2014
5.2.3. UAE Drilling Services Market Size by Revenues, 2009-2014
5.2.4. Trends and Developments in UAE Oilfields and Drilling Services Market
5.3. Kuwait
Introduction
Deals and Investments
Crude Oil production, 2009-2014
5.3.1. Kuwait Oilfields Services Market Size by Revenues, 2009-2014
5.3.2. Kuwait Drilling Services Market Size by Revenues, 2009-2014
5.3.3. EandP companies in Kuwait
5.3.4. Trends and Developments in Kuwait Oilfields and Drilling Services Market
New Oilfields
Thermal Methods of Enhanced Oil Recovery
5.4. Iraq
5.4.1. Introduction
5.4.2. Iraq Oilfield Services Market Size by Revenues, 2009-2014
5.4.3. Iraq Drilling Services Market Size by Revenues, 2009-2014
5.4.4. EandP companies in Iraq
5.5. Iran
5.5.1. Introduction
Crude Oil Production, 2009-2014
5.5.2. Iran Oilfields Services Market Size by Revenues, 2009-2014
5.5.3. Iran Drilling Services Market Size by Revenues, 2009-2014
5.5.4. Major Companies Operating in Iran Oil and Gas Industry
5.5.5. Opportunities in Iran Oilfields and Drilling Services market
5.6. Qatar
5.6.1. Introduction
5.6.2. Major Companies Operating in Qatar Oil and Gas Industry
5.6.3. Regulations
5.6.4. Qatar Oilfields Services Market Size on the Basis of Revenues, 2009-2014
5.6.5. Qatar Drilling Services Market Size by Revenues, 2009-2014
5.7. Oman
5.7.1. Introduction
Crude Oil Production
5.7.2. Regulations
5.7.3. Oman Oilfield Services Market Size by Revenues, 2009-2014
5.7.4. Oman Drilling Services Market Size by Revenues, 2009-2014
5.8. Egypt
5.8.1. Introduction
5.8.2. Egypt Oilfield Services Market Size by Revenues, 2009-2014
5.8.3. Egypt Drilling Services Market Size by Revenues, 2009-2014
5.8.4. Major Deals and Contracts in Egypt Oilfields and Drilling Services Market
6. Trends and Developments in Middle East Oilfields and Drilling Market
6.1. Growth in Rental Market
6.2. The US Shale Gas Discovery
6.3. Demand for High Specification Rigs
6.4. Increased Offshore Drilling Market
6.5. Increase in Deepwater EandP Related Activity
7. Growth Drivers in Middle East Oilfields and Drilling Services Market
7.1. Increase in Energy Demand
7.2. Increase in Capital Expenditure by Major EandP Giants-Exploration and Production, 2009-2014
7.3. Technology Innovations in Drilling Services
7.4. Availability of Rigs in the Country
8. Growth Restraints in Middle East Oilfields and Drilling Market
8.1. Uncertainty in Crude Oil Prices, 2009-2014
8.2. Political Unrest
8.3. Dominance of international players
8.4. Lack of Technical Professionals
8.5. Increased Attrition of Drilling Equipments
9. PEST Analysis of Middle East Oilfield and drilling services Market
10. SWOT Analysis of Middle East Oilfields and Drilling services Market
10.1. Strengths
10.2. Weakness
10.3. Opportunities
10.4. Threats
11. Investment Model of a Rig
12. Cause and Effect Relationship in Middle East Oilfields and Drilling Market
13. Macro Economic Factors Affecting the Middle East Oilfields and Drilling Industry, 2009-2019
13.1. GDP of Middle East, 2009-2019
13.2. Crude oil Prices in Middle East, 2009-2019
13.3. Crude Oil Production in Middle East, 2009-2019
13.4. Crude Oil reserves in Middle East, 2009-2019
13.5. FDI in Middle East in Oil and Gas sector, 2009-2019
14. Appendix
14.1. Market Definitions
14.2. Abbreviations
14.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
14.4. Disclaimer

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 Digital Oilfield Technology Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Process, by Device, by Service

Global Digital Oilfield Technology Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Process, by Device, by Service

  • $ 5100
  • Industry report
  • December 2016
  • by P&S Market Research

Global digital oilfield technology market is driven by the emergence of shale gas. The rising shale gas market is generating massive digital field data for analysis. The $600 billion investment in U.S. ...

Global Digital Oilfield Market: Trends Analysis and Forecasts up to 2022

Global Digital Oilfield Market: Trends Analysis and Forecasts up to 2022

  • $ 4195
  • Industry report
  • January 2017
  • by Infinium

Global Digital Oilfield Market is expected to grow at a CAGR between 4.0% and 4.5% over the Forecast period 2016 to 2022. It is was worth USD 24.60 billion in 2014. Digital oilfields refer to the digital ...

Global Digital Oilfield Market 2017-2021

Global Digital Oilfield Market 2017-2021

  • $ 3500
  • Industry report
  • February 2017
  • by Infiniti Research Limited

About Digital Oilfield Market Digital oilfields refer to the application of advanced software, hardware, and data analysis techniques to increase the exploration and production efficiency of oil and gas ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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