Tuesday, 30 November 2021 05:57 GMT

Offshore Drilling Market Report 2021-2031


(MENAFN- GlobeNewsWire - Nasdaq) New York, Nov. 26, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report 'Offshore Drilling Market Report 2021-2031' -
The Offshore Drilling Market Report 2021-2031: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Drilling Technology Has Advanced To The Point That Offshore Drilling
Technological and physical limits are being pushed to their limits. Meanwhile, technical advancements have resurrected the Gulf's offshore economy and sparked interest in other ocean basins. Deep underground drilling challenges were solved, and well prices were lowered, led to advances well designs and well logging techniques. Drilling tests in extreme water depths, such as the National Science Foundation-funded Project“Mohole,” have paved the way for significant advancements in future oil exploration.
Modification Of Technology And Changing Structure Of Industry Beyond Rules
As the technology of boiling advanced, several components of boiling lacked appropriate safety restrictions. The rules lagged more and more behind industry and what happened on the ground. When industry maintained that blow-ups were more dependable than accepted by the requirements to maintain the essential final line of defence, MMS allowed the required frequency of testing to be decreased. Soon after, a number of technical studies conducted by third parties raised the possibility of high failure rates for control systems, ring rams and blind-shear rams for blowout prevention under certain deepwater conditions and because of changes to the configuration of and strength of the drilling tube used by the industry. Two research studies commissioned by MMS indicated that many rig operators based their view that“the tool would work on information that would not necessarily comply with the equipment in use, by not testing blow-out preventers. Nevertheless, in light of this new insights, MMS has never amended its blowout-preventer requirements or introduced an autonomous inspection item.
What Are These Questions You Should Ask Before Buying A Market Research Report?
• How is the offshore drilling market evolving?
• What is driving and restraining the offshore drilling market?
• How will each offshore drilling submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2031?
• How will the market shares for each offshore drilling submarket develop from 2021 to 2031?
• What will be the main driver for the overall market from 2021 to 2031?
• Will leading offshore drilling markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2031 and which geographical region will lead the market in 2031?
• Who are the leading players and what are their prospects over the forecast period?
• What are the offshore drilling projects for these leading companies?
• How will the industry evolve during the period between 2020 and 2031?
• What are the implication of offshore drilling projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the offshore drilling market?
• Where is the offshore drilling market heading? And how can you ensure you are at the forefront of the market?
• What can be the best investment options for new product and service lines?
• What are the key prospects for moving companies into a new growth path? C-suite?
You need to discover how this will impact the offshore drilling market today, and over the next 10 years:
• Our 536-page report provides 375 tables and 368 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – NOW.
• Contains in-depth analyse of global, regional and national sales and growth
• Highlights for you the key successful trends, changes and revenue projections made by your competitors
This report tells you TODAY how the offshore drilling market will develop in the next 10 years, and in-line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
Forecasts to 2031 and other analyses reveal the commercial prospects
• In addition to revenue forecasting to 2031, our new study provides you with recent results, growth rates, and market shares.
• You find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising offshore drilling prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, V, L, W and U are discussed in this report.
Global Offshore Drilling Market (COVID Impact Analysis) by Survey Techniques
• Measuring Techniques
• Transmission Techniques
Global Offshore Drilling Market (COVID Impact Analysis) by Drill Bits
• Roller Cone Bits
• Fixed Cutter Bits
• Hybrid Bits
Global Offshore Drilling Market (COVID Impact Analysis) by Directional Tools
• Deflection Tools
• Down-hole Motor
• Rotary Steerable Drilling System
• Vertical Drilling System
• Other Directional Tools
Global Offshore Drilling Market (COVID Impact Analysis) by Automated Systems
• Central Control System
• Central Monitoring System
• Real Time Measuring System (MWD)
• Mud Control System
• Pipe Handling System
• Barge Control System
Global Offshore Drilling Market (COVID Impact Analysis) by Drilling Fluids
• Gas-Base Drilling Fluids
• Water-Based Drilling Fluids
• Oil-Based Drilling Fluids
• Other Drilling Fluids
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 4 regional and 20 leading national markets:
• North America Offshore Drilling Market, 2021 to 2031 Market Outlook
– U.S. Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Canada Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Mexico Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
• Europe Offshore Drilling Market, 2021 to 2031 Market Outlook
– Germany Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Spain Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– United Kingdom Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– France Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Italy Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Rest of Europe Market Forecast & COVID Impact Analysis
• Asia Pacific Offshore Drilling Market, 2021 to 2031 Market Outlook
– China Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Japan Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– India Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Australia Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– South Korea Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Rest of Asia Pacific Market Forecast & COVID Impact Analysis
• LAMEA Offshore Drilling Market, 2021 to 2031 Market Outlook
– Brazil Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Turkey Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Saudi Arabia Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– South Africa Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– UAE Offshore Drilling Market, 2021 to 2031 Market Forecast & COVID Impact Analysis
– Rest of Latin America, Middle East and Africa
The report also includes profiles and for some of the leading companies in the Offshore Drilling Market, 2021 to 2031, with a focus on this segment of these companies' operations.
Leading companies and the potential for market growth
• Baker Hughes Company
• Halliburton Company
• Schlumderger N.V
• Transocean Ltd.
• Saipem S.p.A.
• China National Offshore Oil Corporation (CNOOC)
• Exxon Mobil Corporation.
• Maersk Drilling A/S
• Weatherford International Plc.
• Aban Offshore Limited
• Valaris Ltd
• Diamond Offshore
• KCA Deutag
• Nabors Industries Ltd.
• Noble
• Seadrill Limited
• Vantage Drilling Business
• Odfjell Driling
• Shelf Driling Ltd.
• Borr Driling Ltd.
Overall world revenue for Offshore Drilling Market, 2021 to 2031 in terms of value the market will surpass US$xx million in 2021, our work calculates. We predict strong revenue growth through to 2031. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.
How the Offshore Drilling Market, 2021 to 2031 Market report helps you?
In summary, our 530+ page report provides you with the following knowledge:
• Revenue forecasts to 2031 for Offshore Drilling Market, 2021 to 2031 Market, with forecasts for Survey Techniques, Drill Bits, Directional Tools, Automated Systems, Drilling Fluids each forecasted at a global and regional level– discover the industry's prospects, finding the most lucrative places for investments and revenues
• Revenue forecasts to 2031 for 4 regional and 20 key national markets – See forecasts for the Offshore Drilling Market, 2021 to 2031 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
• Prospects for established firms and those seeking to enter the market– including company profiles for 20 of the major companies involved in the Offshore Drilling Market, 2021 to 2031 Market.
Read the full report:
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