Offshore Drilling Rig Global Market Analysis And Outlook |Forecast 2018 – 2022.

Offshore Drilling Rigs Market Research Report- Forecast to 2022

Global Offshore Drilling Rigs Market Analysis And Outlook |Forecast 2018 – 2022.

Page |1

Copyright © 2018 Market Research Future.

Offshore Drilling Rigs Market Research Report- Forecast to 2022

1 Summary The market has been analyzed based on the three segments, namely, types, operating depth, and end-use in the regions of North America, Europe, APAC and Rest of the World. On the basis of types, it includes drillships, jackup rigs, and semi-submersibles. Jackup rigs are offshore rigs typically equipped with legs that can be lowered to the seabed so that a foundation is established to support the drilling platform. Semisubmersibles and jackup dominate the global offshore drilling rigs market, owing to increasing shallow and deep water explorations. On the basis of operating depths, it includes shallow water, deep water and ultra-water. The shallow water activities dominate offshore market and is projected to grow at a high growth rate in the near future. On the other hand, the deep water and ultra-deep water activities are also projected to increase, escalating the requirement for semisubmersibles and drill ships in offshore application.

Key Players: The major player operating in the market of offshore drilling rigs are 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.

Page |2

Copyright Š 2018 Market Research Future.

Offshore Drilling Rigs Market Research Report- Forecast to 2022

2 Market Overview: Offshore drilling is the process where drilled below the surface and serve operational purposes such as oil exploration and construction work. There are a variety of offshore vessels, which will not only help in the exploration and drilling activities but also supply to the excavation and construction units. Offshore drilling rigs are classified, mainly based on their movability and how deep the sea bed is. The high demand for crude oil, along with the maturing of onshore oil and gas wells is driving the market for offshore drilling rigs. Moreover, continuous development of offshore reserves and rising deep water production are likely to positively influence the growth of the global offshore drilling market.

Target Audience • Organizations • Manufacturer • Research Institute / Education Institute • Potential Investors

Product Analysis Product matrix which gives a detailed comparison of the market for different recycled product types Additional Information • Regulatory Landscape • Pricing Analysis • Macroeconomic Indicators

Page |3

Copyright © 2018 Market Research Future.

Offshore Drilling Rigs Market Research Report- Forecast to 2022

Market Research Analysis: 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.

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.

Page |4

Copyright Š 2018 Market Research Future.

Offshore Drilling Rigs Market Research Report- Forecast to 2022

Page |5

Copyright Š 2018 Market Research Future.