openPR Logo
Press release

Offshore Drilling Rigs Market to Partake Significant Development During 2016 - 2022

09-21-2017 02:30 PM CET | Energy & Environment

Press release from: Market Research Future

Offshore Drilling Rigs Market

Offshore Drilling Rigs Market

Market Outlook:

The global market of offshore drilling rigs is growing rapidly due to increased oil & gas exploration activities around the world. Recent discoveries of offshore energy reserves in regions have triggered the growth in the offshore drilling rigs market. Offshore drilling rigs systems are implemented to maximize oil and gas extraction. The existing supply and demand gap in the oil & gas sector has increased the need for efficient search and extraction of oil and gas. Additionally, a renewed interest in shale gas extraction has also driven the offshore drilling rigs market. The high demand for crude oil, along with the maturing of onshore oil and gas wells is driving the market for offshore drilling rigs.

The prominent players in the offshore drilling rigs market includes Aban Offshore Limited, China Oilfield Services Ltd, Ensco plc, Diamond Offshore Drilling Inc., Vantage Drilling Co., Pacific Drilling, KCA Deutag, Maersk Drilling, Nabors Industries Ltd, Nobel Corporation and others.

Receive a Sample Report upon Request @ https://www.marketresearchfuture.com/sample_request/2689

Market Research Future Analysis:

Market Research Future analysis show that the global market of offshore drilling rigs market is estimated to grow at significant growth by the end of year 2022.

The demand for offshore drilling rigs in the Asia Pacific region is expected to rise the demand for growing exploration activities in Southeast Asia. Latin America is leading the market of offshore drilling rigs due to equipped with increased cargo capacity and enhanced crew amenities and automation system. Offshore drilling rigs are used for drilling and exploration activities in the offshore arena. The market is also expected to gain traction from the rising investments in oil and gas activities. Moreover, growth of the offshore drilling rigs market is propelled by factors such as growing offshore activities in the harsh environmental conditions of North Sea and depleting oil and gas reserves in the U.S. Growing demand for deep-water activities in the Asia-Pacific region and further drilling into mid ocean are driving the demand for jackup rigs in the region. The increase in the number of investments from operators, especially for deep and ultra-deep water activities, fuels the growth of the offshore drilling rigs market.

Details of Report @ https://www.marketresearchfuture.com/reports/offshore-drilling-rigs-market-2689

Global Offshore Drilling Rigs Market- Regional Analysis
Latin American is the leading region due to high offshore potential reserves of oil and gas. Moreover, factors such as increasing investments in exploration & production (E&P) lead to the increase the demand for drilling equipment and offshore rigs. The increase in global oil & gas production from North America and the Middle East has made operators focus on offshore markets. Secondly, liberalization of the Mexican oil & gas industry drives the demand for offshore drilling. Latin America is leading the market of offshore drilling rigs due to equipped with increased cargo capacity and enhanced crew amenities and automation system.

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 following North America. This demand will lead to more exploration and production in the region. The demand for offshore drilling rigs in the Asia Pacific region is expected to rise the demand for growing exploration activities in Southeast Asia.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Technologies and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Offshore Drilling Rigs Market to Partake Significant Development During 2016 - 2022 here

News-ID: 732495 • Views: 220

More Releases from Market Research Future

Smart Waste Management Market 2020 Global Analysis by Size, Share, COVID-19 Pand …
Global Smart Waste Management Market – Overview The global Smart Waste Management Market is expected to exhibit a strong 18.6% CAGR over the forecast period from 2018 to 2025, according to the latest research report from Market Research Future (MRFR). The global smart waste management market is expected to reach a valuation of USD 7.8 billion by 2025. The report presents a detailed overview of the global smart waste management market
Wireless Network Infrastructure Ecosystem Market 2020 Global trends, Size, Share …
Global Wireless Network Infrastructure Ecosystem Market Analysis The global Wireless Network Infrastructure Ecosystem Market size is predicted to touch USD 51,716 million at a 10.5% CAGR between 2017- 2023 states the recent Market Research Future (MRFR) analysis. Wireless network infrastructure, simply put, is the software and hardware resources of a complete network connectivity, management, operations, and communication of an enterprise network. Various factors are propelling the global wireless network infrastructure ecosystem market
Edutainment Market Covid-19 Analysis Opportunities, Trends, Statistical Graph, K …
Market Dynamics Developing trends in the industry in terms of time related to learning while entertainment and the introduction of new technology are key factors likely to fuel the growth of the global edutainment market. In addition, many leading players are developing different online gaming that is more appealing and interesting for children and younger generations, and growing investments by key players to improve consumer experience and broaden their product range
Virtual Machine Backup And Recovery Market Covid-19 Analysis Global Size, Compa …
Market Synopsis According to the recent comprehensive research by Market Research Future Reports (MRFR), the global virtual machine backup and recovery market is expected to record a CAGR of 7.5% and value USD 2.21 billion by the end of 2025. The global virtual backup and recovery market has been experiencing high demand at a global level owing to the increased demand across the various sector. The massive volume of generated

All 5 Releases


More Releases for Offshore

Aban Offshore Ltd
Aban Offshore Ltd Aban Offshore Ltd – Company Profile & Financial Analysis” contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is
Global Offshore Hydropower Market
A new report added to the repository of Market Research Reports Search Engine “Offshore Hydropower Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2023” is a comprehensive repository of information, providing market share, size, and forecast. Request for Sample Report @ https://www.mrrse.com/sample/1785  Global Offshore Hydropower Market: Overview The global offshore hydropower market is substantially gaining from the rising demand for clean energy. Concerns pertaining to the depleting resource
Global Offshore Investments Analytics
Summary Global Offshore Investments Analytics enables cross-comparison of the global offshore investments markets at a country level for 55 countries. For each of these markets, the dashboard presents historic data on the balances for the key product areas available for the market under consideration. The product areas are deposits, mutual funds, equities, and bonds. Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=439724&ptitle=Global+Offshore+Investments+Analytics&req=Sample Synopsis – Compare the performance of 55 offshore investments markets around the world. – Understand the asset
Global Offshore Investments Analytics
Summary Global Offshore Investments Analytics enables cross-comparison of the global offshore investments markets at a country level for 55 countries. For each of these markets, the dashboard presents historic data on the balances for the key product areas available for the market under consideration. The product areas are deposits, mutual funds, equities, and bonds. Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=439724&ptitle=Global+Offshore+Investments+Analytics&req=Sample Synopsis – Compare the performance of 55 offshore investments markets around the world. – Understand the asset
Main Offshore Services of World Offshore
World Offshore is a specialist in the creation of the offshore companies in almost every country in the world. Over the last 10 years World Offshore offers advice and legal expertise to those who wish to invest in the field of offshoring. Offshore Virtual Office Like a regular business, the management of an offshore company is not easy. You must be reachable all the time for good business. Therefore World
Offshore Development Outsourcing Services
Offshore Development Outsourcing Services are important for the difference they make to a project. The benefits coming through them can be highlighted through the fanciest of words but felt in the real sense only when the work shows results. Getting offshore service providers to do web development projects has been a practice in place for a long time now. Their outsourcing services have made a world of difference to the applications