Offshore Drilling Rigs Market 2018-New Technological Change Helping Market Growth, Size, Share, and Forecasts by 2023

The scope of the study segments the Global Offshore Drilling Rigs Market its material, product, manufacturing process, application and region. The report, providing a Future trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW).

Market Highlights:-

Offshore drilling vessels are accustomed to offer excavation and construction operations. Besides, the drilling process done by offshore drilling rigs is capable of reaching the oil trapped at deepest and farthest offshore locations. Offshore drilling rigs are robust and are capable of withstanding in the harshest temperature and environmental conditions. The current projects in offshore drilling are gaining attention from the oil industry. Libra Field in Brazil Santos Basin holds around 8-12 billion barrels of recoverable oil. Thus major giants such as Petrobras, Shell, Total, CNPC, and CNOOC are holding stakes in the oilfield. The estimated project cost is around USD 91 billion.

Top Key Player:-

• Halliburton
• Schlumberger
• Weatherford International Inc
• Seadrill
• China Oilfield Services Ltd.
• Ensco plc
• Diamond Offshore Drilling Inc.
• Vantage Drilling Co.

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Market Segmentation on the Basis of:-

• Type
• Operating depth
• Region.

Table Of Content:-

1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Offshore Drilling Rigs Market, By Type
5 Global Offshore Drilling Rigs Market, By Operating Depth
6 Regional Market Analysis
6.1 Introduction
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 U.K
6.3.2 France
6.3.3 Germany
6.3.4 Spain
6.3.5 Rest Of Europe
6.4 Asia-Pacific
6.4.1 China
6.4.2 Japan
6.4.3 India
6.4.4 Rest Of Asia-Pacific
6.5 Rest Of The World

To be Continued.........

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Regional Analysis:-

Asia Pacific is one of the leading regions for growth in offshore drilling rigs market. The growing demand for energy coupled with the increasing investment in offshore exploration activities will drive the market in the forecast period. Asia Pacific is among the largest consumers of oil & gas. This demand will lead to more exploration and production in the region.
Latin American is the leading region due to high offshore potential reserves of oil and gas. Moreover, factors such as high investments in exploration & production (E&P) lead to an increase in demand for drilling equipment and offshore rigs. The increase in production of oil & gas in North America and the Middle East has driven operators to focus on offshore markets. Secondly, liberalization of the Mexican oil & gas sector drives the demand for offshore drilling.

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