Hydraulic Workover Unit Market: Increased focus on mature oil & gas fields with implementation of digital technologies

According to the new market research report by MarketsandMarkets™, the Hydraulic Workover Unit Market size will grow to USD 11.0 billion by 2025 from USD 8.1 billion in 2020, at a post-COVID-19 CAGR of 6.3% during 2020-2025. The rising number of mature fields in Europe and the Middle East, along with rising primary energy demand...

Offshore ROV Market to exceed $943.1 Million by 2023

The offshore ROV market is estimated to be USD 802.9 million in 2018 and is projected to reach USD 943.1 million by 2023, at a CAGR of 3.27% from 2018 to 2023. The market is set to grow due to increasing offshore oil & gas discoveries in prominent countries and rise in demand for oil...