Results for tag: "Crown Block"

The Crown Block market is a segment of the Oilfield Equipment and Services industry. It is composed of companies that manufacture, distribute, and service crown blocks, which are a type of hoisting equipment used in oil and gas drilling operations. Crown blocks are typically composed of a large steel frame, a set of sheaves, and a hoisting drum. They are used to raise and lower drill strings, casing, and other equipment in the wellbore. The Crown Block market is highly competitive, with a number of large and small players. Companies in the market include National Oilwell Varco, Forum Energy Technologies, Terex Corporation, and Dover Corporation. These companies offer a range of products and services, including crown blocks, hoisting systems, and related components. Show Less Read more