Middle East & Africa Enhanced Oil Recovery Market Forecast to 2022
Summary Enhanced oil recovery came into focus in the Middle East in 2000 when the production of crude oil in the region began to decline due to ageing oilfields, which have been producing for more than 40 years. Crude oil in the Middle East region has high viscosity and low recovery factor of 30%. Industrial growth, slow economic growth/recession, crude oil prices, etc., are anticipated to drive the market in the coming years. Other major factors influencing the growth of Middle East & Africa enhanced oil recovery market are maturing oilfields, upcoming/ongoing EOR projects, year on year change in energy consumption pattern and anticipated change in oil demand until 2022. This presents the need for implementation of tertiary methods that can increase the recovery rate to as high as 75%.
Middle East & Africa Enhanced Oil Recovery Market Report discusses: ● Middle East & Africa enhanced oil recovery market Size, Share & Forecast ● Segmental Analysis – By Onshore vs. Offshore, by Type (Thermal, Miscible Gas, Chemical and Others) and By Country ● Changing Market Trends and Emerging Opportunities ● Competitive Landscape
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Market Trends & Developments ● ● ● ● ● ●
Use of Microorganisms for Enhanced Oil Recovery Utilization of Solar Energy for Steam Flooding in Maturing Fields Use of Robotics for Enhanced Oil Recovery Treatment of Low Saline Water to conduct Thermal Enhanced Oil Recovery Development in Enhanced Oil Recovery Techniques for Unconventional Resources Higher Viscosity and Larger Slug Size Polymer Flooding for Heavy Oil Recovery
Why You Should Buy This Report? ● To gain an in-depth understanding of enhanced oil recovery market in Middle East & Africa ● To identify the on-going trends and segment wise anticipated growth in the coming years ● To help industry consultants, tire companies and other stakeholders to align their market-centric strategies ● To obtain research based business decision and add weight to presentations and marketing material ● To gain competitive knowledge of leading players ● To avail 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs
The leading players in the Middle East & Africa for enhanced oil recovery market include Schlumberger Limited, BP P.L.C., Saudi Aramco, Petroleum Development Oman, China National Offshore Oil Corporation, Linde AG and Abu Dhabi National Oil Company.
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