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The Saudi Arabia oil drilling market is segmented by deployment, service, equipment type, regional distribution, and competitional landscape. Based on deployment, the market is further bifurcated into offshore and onshore oil drilling. Onshore oil drilling is expected to dominate the market in the upcoming five years due to the threats associated with offshore drilling such as oil spills and increased investments by oil companies in this segment.
Valaris plc, National-Oilwell Varco Inc., Noble Corporation plc, Saipem S.p.A., Arabian Drilling Company, ADES International Holding PLC, Shelf Drilling Holdings, Ltd., Saudi Arabian Oil Company, Weatherford Energy Services Saudi Arabia Co. Ltd, Burgan Drilling Company, among others are some of the major players operating in the Saudi Arabia oil drilling market.
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022E
- Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of Saudi Arabia oil drilling market from 2017 to 2021.
- To estimate and forecast the market size of Saudi Arabia oil drilling market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast Saudi Arabia oil drilling market based on deployment, services, equipment type, competitional landscape, and regional distribution.
- To identify dominant region or segment in the Saudi Arabia oil drilling market.
- To identify drivers and challenges for Saudi Arabia oil drilling market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in Saudi Arabia oil drilling market.
- To identify and analyze the profile of leading players operating in Saudi Arabia oil drilling market.
- To identify key sustainable strategies adopted by market players in Saudi Arabia oil drilling market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of companies across the country. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the companies which could not be identified due to the limitations of secondary research. The publisher analyzed the oil drilling equipment companies, distribution channels and presence of all major players across the country.
The publisher calculated the market size of Saudi Arabia oil drilling market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Oil drilling companies, and other stakeholders
- distributors and suppliers of oil drilling equipment and other stakeholders
- Organizations, forums, government authorities, and alliances related to oil drilling
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as oil producers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Saudi Arabia oil drilling market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Saudi Arabia Oil Drilling Market, By Deployment:
- Offshore
- Onshore
Saudi Arabia Oil Drilling Market, By Service:
- Contract
- Drilling
- Logging While Drilling
- Measurement While Drilling
- Directional Drilling
Saudi Arabia Oil Drilling Market, By Equipment Type:
- Drilling Equipment
- Production Equipment
- Pumps & Valves
- Others
Saudi Arabia Oil Drilling Market, By Region:
- Western
- Eastern
- Northern & Central
- Southern
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Oil Drilling market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
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Table of Contents
Companies Mentioned
- Valaris plc
- National-Oilwell Varco Inc.
- Noble Corporation plc
- Saipem S.p.A.
- Arabian Drilling Company
- ADES International Holding PLC
- Shelf Drilling Holdings, Ltd.
- Saudi Arabian Oil Company
- Weatherford Energy Services Saudi Arabia Co. Ltd
- Burgan Drilling Company