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Global Deepwater and Ultra-Deepwater Drilling Market 2019-2023. - Product Image

Global Deepwater and Ultra-Deepwater Drilling Market 2019-2023.

  • ID: 4804067
  • Report
  • July 2019
  • Region: Global
  • 129 Pages
  • TechNavio
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FEATURED COMPANIES

  • Ensco Rowan Plc
  • Halliburton Co.
  • Saipem Spa
  • Schlumberger Ltd.
  • Transocean Ltd.
  • MORE

Global Deepwater and Ultra-Deepwater Drilling Market: About this market

The deepwater and ultra-deepwater drilling market analysis considers sales from both deepwater drilling and ultra-deepwater drilling. This analysis also considers the sales of deepwater and ultra-deepwater drilling in APAC, Europe, MEA, North America, and South America. In 2018, the deepwater drilling segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising demand for oil and gas will play a significant role in the deepwater drilling segment to maintain its market position. Also, our global deepwater and ultra-deepwater drilling market report also looks at factors such as growing demand for oil and natural gas, rise in deepwater and ultra-deepwater drilling E&P activities, and increase in global offshore rig count. However, environmental concerns associated with deepwater and ultra-deepwater drilling E&P activities, fluctuations in price of crude oil and natural gas, and rise of renewable energy may hamper the growth of the deepwater and ultra-deepwater drilling industry over the forecast period.

Global Deepwater and Ultra-Deepwater Market: Overview

Rise in deepwater and ultra-deepwater E&P activities

The growing population and industrial developments are increasing the global demand for energy. Thus, governments of various countries are taking initiatives to improve energy security by increasing oil and gas production. Moreover, deepwater and ultra-deepwater oil and gas projects have been increasing over the past few years owing to rising investments in deepwater and ultra-deepwater drilling. Hence, the rise in E&P activities will drive the growth of the deepwater and ultra-deepwater drilling at a CAGR of over 8% during the forecast period.

Advances in offshore pressure control technologies

A majority of the incidents and fatal accidents on the rig floor happen due to the manual handling of rig equipment. This is pushing oil and gas operators and regulators to enhance oilfield safety by adopting new technologies which meet the safety requirements in deepwater and ultra-deepwater oil and gas operations. Some of the oil and gas companies are focusing on constructing revolutionary pressure control equipment that allows well operators to see inside the wellhead. Many companies are focusing on improving equipment such as offshore blowout preventer (BOP) systems to tackle the challenges posed by ultra-deepwater oilfield reservoirs. Such advances in drilling technologies are expected to enhance the safety of deepwater and ultra-deepwater well drilling activities.

Competitive Landscape

With the presence of several major players, the global deepwater and ultra-deepwater drilling market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading deepwater and ultra-deepwater drilling companies, that include Diamond Offshore Drilling Inc., Ensco Rowan Plc, Halliburton Co., Saipem Spa, Schlumberger Ltd., and Transocean Ltd.

Also, the deepwater and ultra-deepwater drilling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ensco Rowan Plc
  • Halliburton Co.
  • Saipem Spa
  • Schlumberger Ltd.
  • Transocean Ltd.
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
  • Market segmentation by application
  • Comparison by application
  • Deepwater drilling - Market size and forecast 2018-2023
  • Ultra-deepwater drilling - Market size and forecast 2018-2023
  • Market opportunity by application
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 11: MARKET TRENDS
  • Declining costs of offshore drilling projects
  • Technical advances in deepwater and ultra-deepwater drilling rigs
  • Advances in offshore pressure control technologies
PART 12: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 13: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Diamond Offshore Drilling Inc.
  • Ensco Rowan Plc
  • Halliburton Co.
  • Saipem Spa
  • Schlumberger Ltd.
  • Transocean Ltd.
PART 14: APPENDIX
  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors
List of Exhibits
Exhibit 01: Global oilfield equipment and services market
Exhibit 02: Segments of global oilfield equipment and services market
Exhibit 03: Market characteristics
Exhibit 04: Market segments
Exhibit 05: Market definition - Inclusions and exclusions checklist
Exhibit 06: Product and service overview
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ billions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Application - Market share 2018-2023 (%)
Exhibit 19: Comparison by application
Exhibit 20: Deepwater drilling - Market size and forecast 2018-2023 ($ billions)
Exhibit 21: Deepwater drilling - Year-over-year growth 2019-2023 (%)
Exhibit 22: Ultra-deepwater drilling - Market size and forecast 2018-2023 ($ billions)
Exhibit 23: Ultra-deepwater drilling - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by application
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: MEA - Market size and forecast 2018-2023 ($ billions)
Exhibit 29: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 30: South America - Market size and forecast 2018-2023 ($ billions)
Exhibit 31: South America - Year-over-year growth 2019-2023 (%)
Exhibit 32: North America - Market size and forecast 2018-2023 ($ billions)
Exhibit 33: North America - Year-over-year growth 2019-2023 (%)
Exhibit 34: APAC - Market size and forecast 2018-2023 ($ billions)
Exhibit 35: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 36: Europe - Market size and forecast 2018-2023 ($ billions)
Exhibit 37: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Impact of drivers and challenges
Exhibit 41: Vendor landscape
Exhibit 42: Landscape disruption
Exhibit 43: Vendors covered
Exhibit 44: Vendor classification
Exhibit 45: Market positioning of vendors
Exhibit 46: Diamond Offshore Drilling Inc. - Vendor overview
Exhibit 47: Diamond Offshore Drilling Inc. - Business segments
Exhibit 48: Diamond Offshore Drilling Inc. - Organizational developments
Exhibit 49: Diamond Offshore Drilling Inc. - Geographic focus
Exhibit 50: Diamond Offshore Drilling Inc. - Key offerings
Exhibit 51: Ensco Rowan Plc - Vendor overview
Exhibit 52: Ensco Rowan Plc - Product segments
Exhibit 53: Ensco Rowan Plc - Organizational developments
Exhibit 54: Ensco Rowan Plc - Key offerings
Exhibit 55: Halliburton Co. - Vendor overview
Exhibit 56: Halliburton Co. - Business segments
Exhibit 57: Halliburton Co. - Organizational developments
Exhibit 58: Halliburton Co. - Geographic focus
Exhibit 59: Halliburton Co. - Segment focus
Exhibit 60: Halliburton Co. - Key offerings
Exhibit 61: Saipem Spa - Vendor overview
Exhibit 62: Saipem Spa - Business segments
Exhibit 63: Saipem Spa - Organizational developments
Exhibit 64: Saipem Spa - Geographic focus
Exhibit 65: Saipem Spa - Segment focus
Exhibit 66: Saipem Spa - Key offerings
Exhibit 67: Schlumberger Ltd. - Vendor overview
Exhibit 68: Schlumberger Ltd. - Business segments
Exhibit 69: Schlumberger Ltd. - Organizational developments
Exhibit 70: Schlumberger Ltd. - Geographic focus
Exhibit 71: Schlumberger Ltd. - Segment focus
Exhibit 72: Schlumberger Ltd. - Key offerings
Exhibit 73: Transocean Ltd. - Vendor overview
Exhibit 74: Transocean Ltd. - Business segments
Exhibit 75: Transocean Ltd. - Organizational developments
Exhibit 76: Transocean Ltd. - Geographic focus
Exhibit 77: Transocean Ltd. - Key offerings
Exhibit 78: Validation techniques employed for market sizing
Exhibit 79: Definition of market positioning of vendors
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ensco Rowan Plc
  • Halliburton Co.
  • Saipem Spa
  • Schlumberger Ltd.
  • Transocean Ltd.
  • MORE
The following companies are recognised as the key players in the global deepwater and ultra-deepwater drilling market: Diamond Offshore Drilling Inc., Ensco Rowan Plc, Halliburton Co., Saipem Spa, Schlumberger Ltd., and Transocean Ltd.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the advances in offshore pressure control technologies”

According to the report, one of the major drivers for this market is the rise in deepwater and ultra-deepwater E&P activities.

Further, the report states that one of the major factors hindering the growth of this market is the environmental concerns associated with deepwater and ultra-deepwater drilling E&P activities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Diamond Offshore Drilling Inc.
  • Ensco Rowan Plc
  • Halliburton Co.
  • Saipem Spa
  • Schlumberger Ltd.
  • Transocean Ltd.
Note: Product cover images may vary from those shown
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