Africa Oil Field Services Market Outlook - Market Analysis by Geography, Type, Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022 - Product Image

Africa Oil Field Services Market Outlook - Market Analysis by Geography, Type, Competitive Landscape, Key Company Information - Growth Trends and Forecasts 2017 - 2022

  • ID: 4385457
  • Report
  • Region: Africa
  • 89 pages
  • Mordor Intelligence
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Africa oil field services market is estimated to increase from $16.8 billion in 2014 to $31.2 billion by 2022. Although, falling crude oil prices are forecasting a gloomy picture for OFS, service companies are expected to ride out the storm with long term contracts and mergers.

Oil & gas exploration and production is a complex process and each and every step requires sophisticated technology and equipment. Until the 90s, OFS firms were smaller and did straightforward tasks such as drilling vertical wells. But, over past two decades big oil & gas companies decided to outsource much of the exploration and production work which allowed the OFS firms to grow. OFS companies in turn drove the innovation in oil & gas sector by pioneering technologies like directional drilling and hydraulic fracturing.

The research published on OFS covers a variety of services such as well intervention, wireline logging, coiled tubing, completion, drilling, pressure pumping, waste management and oil country tubular goods.

Drivers

Increasing demand for energy and petro-chemicals, fledgling Nigerian economy and growing investments in oil & gas sector some of the factors driving the OFS market.

Deep waters off the coast of West Africa offer an exciting opportunity for both oil & gas companies and oil field services firms.

Challenges

Volatile oil & gas prices, environmental concerns, operational challenges and security in some regions are severely impairing the OFS market.

This report comprehensively analyzes the Africa Oil Field Services market by segmenting it based on geography, applications (onshore and offshore) and services (well intervention, wireline logging, coiled tubing, completion, drilling, pressure pumping, waste management and oil country tubular goods); estimates are provided for next six years up to 2022. Key drivers and restraints that are effecting the growth of this market were discussed in detail. The study also elucidates on competitive landscape and key market players.
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1. Executive Summary
2. Research Methodology
3. Markets Covered
4. Market Overview
4.1 Introduction
4.2 Market Demand to 2022
4.3 Recent Trends and Opportunities
5. Drivers, Constraints and Opportunities
5.1 Drivers
5.1.1 Growing Investments in Oil & Gas Sector
5.1.2 Fledgling Nigerian economy
5.2 Constraints
5.2.1 Volatile Oil & Gas Market
5.2.2 Environmental Concerns
5.2.3 Regional Security
5.3 Opportunities
5.3.1 Ultra Deep Water Segment of West Africa
6. Oil and Gas Scenario
6.1 Reserves in Africa
6.2 Global Crude Production and Consumption From 2000 - 2015
6.3 Global Oil Prices - WTI, BRENT Oil Prices - From 2000 -2015
6.3.1 Brent Crude Prices - From 2000 -2015
6.3.2 WTI Crude Prices - From 2000 -2015
6.4 Africa Oil and Gas Production Scenarios in the Mid-term and Long-term
7. Oil Field Services Value Chain Analysis
8. Industry Attractiveness - Porter's Five Force Analysis
8.1 Bargaining Power of Service Provider
8.2 Bargaining Power of Consumers
8.3 Threat of New Entrants
8.4 Threat of Substitute Products and Services
8.5 Degree of Competition
9. Africa Oil Field Services Market Segmentation, by type
9.1 Coiled Tubing
9.2 Completion Services and Equipment
9.3 Drilling and Completion Fluids
9.4 Drilling Services and Equipment
9.5 Oil Country Tubular Goods
9.6 Pressure Pumping
9.7 Waste Management Services
9.8 Well Intervention Services
9.9 Wireline Services
10. Africa Oil Field Services Market Segmentation, by application
10.1 Onshore
10.2 Offshore
11. Africa Oil Field Services Market Segmentation, by geography
11.1 Major Countries
11.1.1 Nigeria
11.1.1.1 Introduction
11.1.1.2 Market Demand to 2022
11.1.1.3 Recent Trends and Opportunities
11.1.2 Algeria
11.1.2.1 Introduction
11.1.2.2 Market Demand to 2022
11.1.2.3 Recent Trends and Opportunities
11.1.3 Egypt
11.1.3.1 Introduction
11.1.3.2 Market Demand to 2022
11.1.3.3 Recent Trends and Opportunities
11.1.4 Ghana
11.1.4.1 Introduction
11.1.4.2 Market Demand to 2022
11.1.4.3 Recent Trends and Opportunities
11.1.5 Others
12. Key Company Analysis
12.1 Schlumberger
12.2 Halliburton
12.3 Baker Hughes
12.4 FMC Technologies
12.5 Saipem
12.6 Weatherford International
12.7 National Oilwell Varco
12.8 BJ Services Company
12.9 AOS Orwell
12.10 China Oilfield Services Ltd.
13. Competitive Landscape
13.1 Mergers & Acquisitions
13.2 Joint Ventures, Collaborations and Agreements
13.3 Market Share Analysis
14. Appendix
14.1 Contact Us
14.2 Disclaimer
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