Completion Equipment and Services Market is Thriving Worldwide 2020-2025 | Schlumberger, Baker Hughes (GE), Halliburton, Weatherford

The report covers a forecast and an analysis of the Completion Equipment and Services Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Completion Equipment and Services Market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Completion Equipment and Services Market on a global level.

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According to the market report analysis, Completion Equipment and Services Market in 2017 on account of increase in drilling activity, especially in the United States. With shale gas being commercially profitable for the North American region, the exploration & production activities have been increasing at a rapid pace in the region, thus driving the demand for well completion equipment & services. The offshore sector is expected to be a potential market in the Completion Equipment and Services Market as the cost of operation in the offshore locations declined significantly over the past few years, which has encouraged the industry to step up its expenditure gradually, in the near future.

This report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the Global Completion Equipment and Services Market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.

Global Key Players:

1 Baker Hughes (GE)

2 Superior Energy Services

3 Halliburton

4 Schlumberger

5 Weatherford and More.............

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Product Type Segmentation

1 Packers

2 Sand Control Tools

3 Multi-Stage Fracturing Tools

4 Liner Hangers

5 Smart Wells

Industry Segmentation

1 Onshore

2 Offshore

On the basis of Regional analysis, North America and Europe holds major share in global Completion Equipment and Services market. Moreover, Asia-Pacific is expected to record higher growth rate in Completion Equipment and Services Market during the forecast year.

Top Industry News:

Schlumberger (December 19, 2019) - Schlumberger Becomes First Company in Upstream E&P Services to Commit to Science-Based Target in Emissions Reduction - Schlumberger announced today its commitment to setting a science-based target to reduce its greenhouse gas (GHG) emissions. Schlumberger's commitment has been submitted to the Science Based Targets initiative (SBTi) and, in line with the defined criteria, Schlumberger will define its reduction target by 2021. This commitment is part of the company's thought leadership and focus on environmental and social sustainability through its industry-leading Global Stewardship program.

Science-based targets in line with the latest climate science must meet the goals of the Paris Agreement, an agreement developed in 2016 by the United Nations Framework Convention on Climate Change (UNFCCC) that seeks to reduce GHG emissions. The Paris Agreement focuses on limiting global warming to well-below 2�C above pre-industrial levels.

Schlumberger CEO Olivier Le Peuch said, "The energy industry has a key role to play in reducing the effects of climate change. Schlumberger seeks to lead positive, measurable changes in GHG emissions within the industry to help reduce climate change. The application of our industry-leading environmentally responsible technologies will help drive process efficiency and environmental footprint reduction."

The SBTi champions science-based target setting as a powerful way of boosting companies' competitive advantage in the transition to the low-carbon economy. It is a collaboration between CDP, the United Nations Global Compact (UNGC), World Resources Institute (WRI), and the World Wide Fund for Nature (WWF) and one of the We Mean Business Coalition commitments.

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Major Points in Table of Contents:

Global Completion Equipment and Services Market Report 2020

1 Completion Equipment and Services Product Definition

2 Global Completion Equipment and Services Market Manufacturer Share and Market Overview

2.1 Global Manufacturer Completion Equipment and Services Shipments

2.2 Global Manufacturer Completion Equipment and Services Business Revenue

2.3 Global Completion Equipment and Services Market Overview

3 Manufacturer Completion Equipment and Services Business Introduction

3.1 Baker Hughes (GE) Completion Equipment and Services Business Introduction

3.2 Superior Energy Services Completion Equipment and Services Business Introduction

3.3 Halliburton Completion Equipment and Services Business Introduction

3.4 Schlumberger Completion Equipment and Services Business Introduction

3.5 Weatherford Completion Equipment and Services Business Introduction

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