Europe Waste Management in Drilling Market is Expected to Reach $1.6 Billion in 2018 Waste management in drilling operations is a critical constituent for successful drilling operations as it generates a substantial amount of wastes that include fluids and excavated cuttings. The safe techniques in drilling waste management market are selected based on the objectives of maximizing fluid recovery and recycle waste fluids for operations, while reducing the actual disposal volumes. The European waste management in drilling market was estimated to be $946 million in 2013 and is forecast to reach $1,572 million by 2018, at a CAGR of 10%, from 2013 to 2018. The treatment & disposal services accounted for $390 million, due to an increased exploration and production activities, especially in subsea deepwater and ultra-deepwater areas. The report analyses the waste management in drilling market by types of services and geography. In terms of geography, the report is segmented into the U.K., Russia, and Norway, among others. The waste management in drilling services included in this report are containment & handling, treatment & disposal, and solid control. Treatment & disposal and containment & handling together had around 67% share in 2013 and are expected to increase their share to 68% by 2018. This growth is driven by increasing environmental concerns and also the increasing E&P Capex by the oil & gas companies. Get Free 10% Customization in This Report
The report also provides an extensive competitive landscaping of companies providing drilling waste management services. Some of the key players operating in the market are Schlumberger Ltd., Halliburton, Baker Hughes (U.S), and Weatherford International Ltd, among others. The regional market shares, new product/service launches, M&A, and product portfolios of the key market players have been detailed in this report. This report includes the market share and value chain analyses, along with the market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in the market.
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Email: sales@micromarketmonitor.com
Tel: +1-888-502-0539