Press release
Global Oilfield Services Market: Key vendors - Baker Hughes, Halliburton
Oilfield services companies offer a range of services and applications such as formation evaluation, well construction, casing and cementing services, completion and stimulation, production, and artificial lift activities. The size and scope of the oilfield services companies vary widely. Large companies may offer multiple oilfield services; however, smaller companies may specialize in a single service. Oilfield services companies are granted contracts by the E&P companies to perform operations at a single well or multiple wells or for different wells located in different reservoirs.
Technavios analysts forecast the global oilfield services market to grow at a CAGR of 3.63% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global oilfield services market for 2017-2021. To calculate the market size, the report considers the oilfield service market value and exclude oilfield service equipment aftermarket and repairs.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Oilfield Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Baker Hughes
Halliburton
National Oilwell Varco
Schlumberger
Weatherford
Other prominent vendors
Aker Solutions
AKOFS OFFSHORE
ALTUS Intervention
Axis Well Technology
Blue Spark Energy
Calfrac Well Services
China Oilfield Services
Danum Well Services
DeepWell
Expro Group
Frontier Oilfield Services
Gulf Intervention Services DMCC
Key Energy Services
Kinetic Services
Nabors Industries
Nordic Well Services
Oceaneering International
Peak Well Systems
Superior Energy Services
The Weir Group
TechnipFMC
Welltec
Wild Well Control
WISE Intervention Services
Workover Solutions
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Market driver
Rise in drilling in unconventional areas
For a full, detailed list, view our report
Market challenge
Decline in oil rig count
For a full, detailed list, view our report
Market trend
New-generation automated drilling rigs
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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