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Tag: offshore

Digital Oilfield Market worth $32.0 Billion by 2026

Press Release
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 to grow from an estimated USD 24.3 billion in 2021 to USD 32.0 billion by 2026, at a CAGR of 5.6%,. Read More>>

Offshore Wind Market worth $56.8 Billion by 2026

Press Release
According to the new market research report "Offshore Wind Market by Component (Turbines (Nacelle, Rotors & Blades, Tower), Substructure, Electrical Infrastructure), Location (Shallow Water, Transitional Water, & Deepwater) and Region (North America, Asia Pacific, & Europe) - Global forecast to 2026", published by MarketsandMarkets™, the global offshore wind market size will grow to USD 56.8 billion by 2026 (forecast year) from USD 31.8 billion in 2021 (estimated year), at a. Read More>>

Offshore Decommissioning Market worth $8.0 Billion by 2027

Press Release
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 expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%.. Read More>>

Digital Oilfield Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025

Press Release
The global Digital Oilfield Market size is projected to reach USD 28.5 billion by 2025 from an estimated value of USD 20.2 billion in 2020, at a CAGR of 7.1% from 2020 to 2025. New technological advancements in the digital oilfield, increased return on investment in the digital oilfield, and increased need from oil & gas operators to scale up production from mature wells are the key factors driving the. Read More>>

Offshore Support Vessel Market to Reach $26.8 Billion by 2026

Press Release
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 to grow at a CAGR of 4.0%, from 2021 to 2026, to reach a. Read More>>

Offshore Pipeline Market to See Robust Expansion in Near Future

Press Release
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 the offshore pipeline market. Transport line being. Read More>>

Coiled Tubing Market Set to Witness Huge Growth by 2025 | Schlumberger, Halliburton, NexTier Oilfield Solutions, Weatherford, Baker Hughes

Press Release
According to the new market research report "Coiled Tubing Market by Fleet (Operator, Region), Service (Well Intervention Service (Well Completions & Mechanical Operations, Well Cleaning & Pumping Operations) Drilling Service, Others), Application (Onshore, Offshore), Region - Global Forecast to 2025", 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%. Read More>>

Hydraulic Workover Unit Market worth $11.0 Billion by 2025

Press Release
According to the new market research report "Hydraulic Workover Unit Market by Service (Workover & Snubbing), Installation (Skid Mounted & Trailer Mounted), Capacity (0–50 Tonnes, 51–150 Tonnes, and Above 150 Tonnes), Application (Onshore, Offshore), and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Hydraulic Workover Unit Market size will grow to  USD 11.0 billion by 2025 (forecasted year) from USD 8.1 billion in 2020 (estimated year), at a. Read More>>

Valve Remote Control System Market Revenue to Exceed $8.0 Billion by 2023 | Emerson, Rotork, Wartsila, KSB, Nordic

Press Release
According to the new research report "Valve Remote Control System Market by Type (Hydraulic, Pneumatic, Electric, & Electro-Hydraulic), Application (Marine and Offshore), Valve Type (Ball, Globe, Butterfly, Gate, Diaphragm, Plug, Check, and Safety), and Region - Global Forecast to 2023" The valve remote control system market is expected to grow from an estimated USD 6.4 billion in 2018 to USD 8.0 billion by 2023, at a CAGR of 4.73%. An. Read More>>

Oilfield Integrity Management Market worth $18.8 Billion by 2025

Press Release
According to the new market research report "Oilfield Integrity Management Market by Management Type (Planning, Predictive Maintenance & Inspection, Corrosion Management, Data Management, and Monitoring System), Component (Hardware, Software, Services), Application, & Region - Global Forecast to 2025", published by MarketsandMarkets™, the Oilfield Integrity Management Market size is expected to grow from an estimated USD 12.8 billion in 2020 to USD 18.8 billion by 2025, at a CAGR of 8.1%,. Read More>>

Digital Oilfield Market worth $28.5 Billion by 2025

Press Release
According to the new market research report "Digital Oilfield Market by Solutions (Hardware, Software & Service, and Data Storage Solutions), Processes (Reservoir, Production, and Drilling Optimizations), Application (Onshore and Offshore), and Region - Global Forecast to 2025",published by MarketsandMarkets™, the Digital Oilfield Market size is expected to grow from an estimated USD 20.2 billion in 2020 to USD 28.5 billion by 2025, at a CAGR of 7.1%, during the forecast. Read More>>

Digital Oilfield Market – Empowering Technical Innovations in the Oil & Gas Industry

Press Release
The global Digital Oilfield Market is expected to grow from an estimated USD 24.1 billion in 2019 to USD 30.4 billion by 2024, at a CAGR of 4.77%, during 2019 to 2024. The market is set to witness growth due to the increasing focus on optimization through digitization mostly in mature fields. The digital oilfield market is driven by major factors such as the new technological advancements, increased Return on. Read More>>

Offshore Support Vessel Market to exceed $25.7 Billion by 2023

Press Release
The global offshore support vessel market is projected to grow at a CAGR of 5.04% from 2018 to 2023. The market in Asia Pacific is estimated to be the largest market for offshore support vessels, followed by Europe and North America in 2018. This trend is expected to continue until 2023. Also, the North American market is projected to be the fastest-growing market during the forecast period. The growth of. Read More>>

Reservoir Analysis Market Analysis 2022: Opportunities and Challenges

Press Release
The global Reservoir Analysis Market is estimated to be USD 7.32 billion in 2017, and is expected to grow at a CAGR of 4.11%, from 2017 to 2022 as per MarketsandMarkets.    Why exploring unconventional reservoir continues to offer more opportunities? Reservoir analysis of unconventional plays is based on same principles and workflows as in conventional plays, but requires additional specialized knowledge. The flow regime, fluid properties, and petro physics. Read More>>

Directional Drilling Services Market Value to reach $10.30 Billion by 2021

Press Release
The Directional Drilling Services Market is expected to grow from an estimated USD 8.33 Billion in 2016 to USD 10.30 Billion by 2021, at a CAGR of 4.34% from 2016 to 2021. Increasing demand for energy due to urbanization & industrialization, ongoing shale gas revolution and new oilfield discoveries are the major factors driving the market for directional drilling across the globe.   Directional drilling is the practice of controlling. Read More>>

Pipeline Integrity Market Revenue to Hit $2.1 billion by 2024

Press Release
According to the new market research report "Pipeline Integrity Market by Service (Testing, Inspection [Ultrasonic, Magnetic Flux, Caliper], Monitoring, Software), Application (Onshore, Offshore), Product (Oil, Gas, Refined Product), and Region: Global Forecast to 2024", published by MarketsandMarkets™, the global Pipeline Integrity Market is projected to reach USD 2.1 billion by 2024 from an estimated USD 1.7 billion in 2019, at a CAGR of 4.33% during the forecast period. This growth. Read More>>

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