Global Oil and Gas Exploration and Production Market Leading Companies will have the Highest Market Share by 2022

Description:

Oil & Gas exploration and production market accounted for $4.12 trillion in 2015 and is expected to grow at a CAGR of 6.29% to reach $5.56 trillion by 2022. The factors such as increasing population growth, usage of oil & gas in transportation industry, high standard of living, energy competence for industries and housing, modern technological developments of oil & gas exploration and production are some of the factors driving the market growth. However, high cost of crude oil is hindering the oil & gas exploration & production market. Moreover, Expansion of Gas to liquids (GTL) and increasing biofuels production growth rate are the challenging factors involved.

Request a sample of this report @ http://www.orbisresearch.com/contacts/request-sample/184709 .

North America dominated the global oil & gas exploration due to its strong production level in the US and separated export limitations could further support upstream companies to produce at strong levels in this region. Moreover, Asia pacific is anticipated to be the fastest growing market in terms of revenue during the forecast period driven by the growing demand for petroleum products in emerging countries such as China and India.

Some of the key players in global oil & gas exploration and production market include Inpex Corporation, Marathon Oil Corporation, CNOOC Ltd, Azerbaijan International Operating Company (AIOC), ONGC Oil and Natural Gas Corp Ltd, Apache Corporation, Egyptian Natural Gas Holding Company, Nexen Inc., Devon Energy, Talisman Energy Inc., Canadian Natural Resources, BP, Woodside Petroleum and Saudi Aramco and ConocoPhillips.

Browse the full report @ http://www.orbisresearch.com/reports/index/oil-and-gas-exploration-and-production-global-market-outlook-2015-2022 .

Technologies Covered:
Land based wells
Offshore wells

Products Covered:
Natural gas
Crude oil

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt

Purchase a copy of this report @ http://www.orbisresearch.com/contact/purchase/184709 .

What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements

For any enquires before buying, connect with us @ enquiry@orbisresearch.com

About Us:

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Us:

Hector Costello

Senior Manager – Client Engagements

4144N Central Expressway,

Suite 600, Dallas,

Texas - 75204, U.S.A.

Phone No.: +1 (214) 884-6817; +912064101019

For more information contact sales@orbisresearch.com

This release was published on openPR.