Offshore ROV Market: Offshore Oil & Gas Discoveries in Prominent Countries

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...

Intelligent Completion Market to Grow at a Robust Pace through 2023 With Key Players Baker Hughes, Halliburton, Schlumberger, and Weatherford.

The global Intelligent Completion Market is expected to grow from an estimated USD 1.61 billion in 2018 to USD 2.16 billion by 2023, at a CAGR of 6.05%, from 2018 to 2023. The market in Europe is estimated to be the largest for intelligent completion followed by the North American market in 2017. This trend...

Pipeline & Process Services Market: Rapid Rise in Development of Midstream Infrastructure across the Globe

According to MarketsandMarkets research, the Pipeline & Process Services Market size will grow to USD 4.0 billion by 2025 (forecast year) from USD 3.1 billion in 2020 (estimated year), at a CAGR of 5.5% during the forecast period. The rising demand for crude oil & natural gas, especially from Asia Pacific, and the increasing need...

Offshore Support Vessel Market: Robust Investments in Offshore Oil & Gas and Renewable Sectors

The global offshore support vessel market is estimated to grow from USD 20.1 billion in 2018 to USD 25.7 billion by 2023, at a CAGR of 5.04% from 2018 to 2023. The market in Asia Pacific is estimated to be the largest market for offshore support vessels, followed by Europe and North America. This trend...

Well Casing & Cementing Market: Revitalizing Oil Prices Expediting Upstream Investments

The global Well Casing & Cementing Market is projected to reach USD 11.7 billion by 2024 from an estimated USD 9.2 billion in 2019, at a CAGR of 5.0% during the forecast period. Increasing drilling activities along with shale developments in North America, Asia Pacific, and some parts of South & Central America are the...

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...

Oilfield Integrity Management Market to Integrate Digital Technologies in Oilfield Operations

According to the new market research report "Oilfield Integrity Management Market by Management Type (Planning, Predictive Maintenance & Inspection, Corrosion Management, Data Management, and Monitoring System), Component (Hardware, Software, Services), Application, & Region - Global Forecast to 2025", published by MarketsandMarkets™, the Oilfield Integrity Management Market size is expected to grow from an estimated USD...