Middle East Oilfields and Drilling Services Market Outlook to 2019-Future Growth led by Deepwater Drilling and Quest for Increased Production
Region:Middle East
Product Code:KR351
November 2015
234
About the Report
The drilling services industry of Middle East demonstrated strong fundamentals, a well-built growth and increased activity as compared to any other region across the globe during the past few years 2009-2014. The drilling services industry is primarily a contractual industry which provides services to the exploration and production companies. The service are needed at every phase of the project’s lifecycle namely exploration, production, field development and for studies as well. As a result of the increased drilling activities the drilling services market of Middle East stood to be at USD ~ billion during 2014, witnessing a growth of ~% as compared to 2013 when the market valued to be USD ~ billion. The contractual drilling accounted for USD ~ billion in the year and had commanded a share of ~% from the overall drilling services market in Middle East during 2014. During 2014, Saudi Arabia has dominated the overall revenues in Middle East drilling services market and has commanded share worth 24% in terms of revenues during 2014. The drilling equipments market in Middle East is projected to exhibit promising growth in the forecasted period 2015-2019.
- The market size of the Middle East Oilfields Services Market
- The market size of the Middle East Drilling Services Market
- Market segmentation of the Middle East Oilfield Services on the basis of Geography, types of services and applications
- Market segmentation of the Middle East Drilling Services on the basis of Geography, types of services and applications
- Market Share of Major Players in Middle East Oilfield Services Market along with market share in each service categories
- Pre-requisites for Oilfield Services in Middle East
- Company Profile for Major Players in Middle East Oilfield Services Market
- Company Profile for Major Players in Middle East Drilling Services Market
- Future Outlook and Projections of Middle East Oilfield Services Market
- Future Outlook and Projections of Middle East Drilling Services Market
- Country wise snapshot for Middle East Oilfield and Drilling Services
- Trends and Developments in Middle East Oilfield and Drilling Services
- Growth Drivers and Restraints in Middle East Oilfield and Drilling Services
- SWOT Analysis in Middle East Oilfield and Drilling Services
- PEST Analysis in Middle East Oilfield and Drilling Services
- Investment Model for a Rig
- Macro Economic Factors in Middle East Oilfield and Drilling Services
Scope of the Report
Products
Companies
Table of Contents
1. Middle East Oilfield and Drilling Services Market Introduction
1.1. Global Overview
1.2. Middle East Outlook for OFS and Drilling Services Market
Major Oilfields Projects in Middle East, 2009-2014
1.3. Middle East in Context of Global Energy Supply & Energy Business
2. Middle East Oilfields Services Market Introduction
Technical Overview
Risk Factor Analysis in Middle East Oilfield Services Market
2.1. Value Chain Analysis of Middle East Oilfields Services Market
2.2. Middle East Oilfields Services Market Size by Revenues, 2009-2014
2.3. Middle East Oilfields Services Market Segmentation, 2009-2014
2.3.1. By Geography, 2009-2014
2.3.2. By Type of Services (Pressure Pumping, OCTG, Wireline, Well Intervention, completion Equipment and Services, Coiled Tube Services, Drilling and Completion Fluids), 2009-2014
2.3.3. By Application (Offshore and Onshore), 2011-2014
2.4. Market Share of Major Players in Middle East Oilfields Services Market, 2014
2.4.1. By Pressure Pumping Services, 2014
2.4.2. By Wireline Services, 2014
2.4.3. By Completion Services and Equipments, 2014
2.5. Pre-requisites for Oilfield Services Market in Middle East
Demand of Services-Exploration and Production Expenditure, 2009-2014
Crude Oil Prices, 2009-2014
Capital Investment
Advanced technology
Knowing the Customer base
Competitiveness
Government Regulations and Political Instability
2.6. Porter’s Five Force Analysis of Oilfield Services in Middle East
Measures to Overcome Porter’s Five Forces
2.7. NOCs Cooperation with IOCs in Middle East
2.8. Company Profiles of Major Players in Middle East Oilfields Services Market
2.8.1. Schlumberger
2.8.1.1. Business Overview
2.8.1.2. Business Strategies
2.8.1.3. Financial Performance, 2009-2014
2.8.1.4. Mergers and Acquisitions, 2010-2014
2.8.2. Halliburton
2.8.2.1. Business Overview
2.8.2.2. Business Strategies
2.8.2.3. Financial Performance, 2014
2.8.2.4. Mergers & Acquisitions, 2009
2.8.3. Baker Hughes
2.8.3.1. Business Overview
2.8.3.2. Business Strategies
2.8.3.3. Mergers & Acquisitions, 2009-2014
2.8.3.4. Financial Performance, 2014
2.8.4. Weatherford International
2.8.4.1. Business Overview
2.8.4.2. Business Strategies
2.8.4.3. Financial Performance, 2014
2.8.4.4. Major Contracts and Deals, 2009-2013
2.8.4.5. Mergers & Acquisitions and Joint Ventures, 2009-2012
2.9. Major Contract Models in Middle East Oilfield Services Market
2.10. Recent Deals, Investments and Joint Venture in OFS market of Middle East
2.11. Middle East OFS Market Future Outlook and Projections, 2015-2019
3. Middle East Drilling Services Market Introduction
Drilling Services Market Dynamics
Middle East as Emerging Market Focus for Drilling Services
3.1. Middle East Drilling Services Market Size by Revenue, 2009-2014
3.2. Middle East Drilling Services Market Segmentation, 2009-2014
3.2.1. By Types of Services (Contractual Drilling, Directional Drilling, Drilling Waste Management, Logging While Drilling), 2009-2014
3.2.2. By Application (Offshore and Onshore), 2009-2014
3.2.3. By Geography, 2009-2014
3.3. E&P Value Chain with Significance to Drilling Services Industry
Spending on Oilfields and Drilling Services by Types (Manufacturing of Equipment, Transport & Logistics, Seismic Services, Contract Drilling, Formation Evaluation, Drilling Related Services, Well Completion & Stimulation, Infrastructure, Production and maintenance)
3.4. Business Model of Drilling Contracts in Middle East
Day Work Contract
Footage Contract
Turnkey Contracts
Terms & Conditions of a Drilling Contract
3.5. Technological Advancements in Drilling Services
3.6. Company Profiles of Major Players in Middle East Drilling Services Market
3.6.1. Nabors Industries Ltd
3.6.1.1. Business Overview
3.6.1.2. Business Strategies
3.6.1.3. Rig Fleet
3.6.1.4. Financial Performance, 2009-2014
3.6.2. ENSCO PLC
3.6.2.1. Business Overview
3.6.2.2. Business Strategies
3.6.2.3. Financial Performance, 2009- 2014
3.6.2.4. Rig Fleet
3.6.2.5. Mergers & Acquisitions
3.6.3. Noble Drilling Corporation
3.6.3.1. Business Overview
3.6.3.2. Business Strategies
3.6.3.3. Financial Performance, 2009-2014
3.6.3.4. Rig Fleet
3.6.3.5. Mergers & Acquisitions, 2010 and 2013
3.6.4. Rowan Companies
3.6.4.1. Business Overview
3.6.4.2. Business Strategies
3.6.4.3. Financial Performance, 2009-2014
3.7. Middle East Drilling Services Market Future Outlook and Projections, 2015-2019
4. Rig Demand in Middle East
5. Country wise Snapshot of OFS in Middle East
5.1. Saudi Arabia
5.1.1. Introduction
Crude Oil Production and Consumption
Drilling Services Market
5.1.2. Saudi Arabia Oilfield Services Market Size by Revenues, 2009-2014
5.1.3. Saudi Arabia Drilling Services Market Size by Revenues, 2009-2014
5.1.4. NOCs in Saudi Arabia
5.1.5. Trends and Developments in Saudi Arabia Oilfield and Drilling Services Market
Oil Prices
New Technologies to Discover More Resources
Exploration and Development of Shale Reserves
5.1.6. Competitive Landscape of Saudi Arabia Oilfields and Drilling Services Market
5.2. United Arab Emirates (UAE)
5.2.1. Introduction
Crude Oil Production, 2009-2014
Active Rigs and Producing Wells, 2009-2014
5.2.2. UAE Oilfield Services Market Size by Revenues, 2009-2014
5.2.3. UAE Drilling Services Market Size by Revenues, 2009-2014
5.2.4. Trends and Developments in UAE Oilfields and Drilling Services Market
5.3. Kuwait
Introduction
Deals and Investments
Crude Oil production, 2009-2014
5.3.1. Kuwait Oilfields Services Market Size by Revenues, 2009-2014
5.3.2. Kuwait Drilling Services Market Size by Revenues, 2009-2014
5.3.3. E&P companies in Kuwait
5.3.4. Trends and Developments in Kuwait Oilfields and Drilling Services Market
New Oilfields
Thermal Methods of Enhanced Oil Recovery
5.4. Iraq
5.4.1. Introduction
5.4.2. Iraq Oilfield Services Market Size by Revenues, 2009-2014
5.4.3. Iraq Drilling Services Market Size by Revenues, 2009-2014
5.4.4. E&P companies in Iraq
5.5. Iran
5.5.1. Introduction
Crude Oil Production, 2009-2014
5.5.2. Iran Oilfields Services Market Size by Revenues, 2009-2014
5.5.3. Iran Drilling Services Market Size by Revenues, 2009-2014
5.5.4. Major Companies Operating in Iran Oil and Gas Industry
5.5.5. Opportunities in Iran Oilfields and Drilling Services market
5.6. Qatar
5.6.1. Introduction
5.6.2. Major Companies Operating in Qatar Oil and Gas Industry
5.6.3. Regulations
5.6.4. Qatar Oilfields Services Market Size on the Basis of Revenues, 2009-2014
5.6.5. Qatar Drilling Services Market Size by Revenues, 2009-2014
5.7. Oman
5.7.1. Introduction
Crude Oil Production
5.7.2. Regulations
5.7.3. Oman Oilfield Services Market Size by Revenues, 2009-2014
5.7.4. Oman Drilling Services Market Size by Revenues, 2009-2014
5.8. Egypt
5.8.1. Introduction
5.8.2. Egypt Oilfield Services Market Size by Revenues, 2009-2014
5.8.3. Egypt Drilling Services Market Size by Revenues, 2009-2014
5.8.4. Major Deals and Contracts in Egypt Oilfields and Drilling Services Market
6. Trends and Developments in Middle East Oilfields and Drilling Market
6.1. Growth in Rental Market
6.2. The US Shale Gas Discovery
6.3. Demand for High Specification Rigs
6.4. Increased Offshore Drilling Market
6.5. Increase in Deepwater E&P Related Activity
7. Growth Drivers in Middle East Oilfields and Drilling Services Market
7.1. Increase in Energy Demand
7.2. Increase in Capital Expenditure by Major E&P Giants-Exploration and Production, 2009-2014
7.3. Technology Innovations in Drilling Services
7.4. Availability of Rigs in the Country
8. Growth Restraints in Middle East Oilfields and Drilling Market
8.1. Uncertainty in Crude Oil Prices, 2009-2014
8.2. Political Unrest
8.3. Dominance of international players
8.4. Lack of Technical Professionals
8.5. Increased Attrition of Drilling Equipments
9. PEST Analysis of Middle East Oilfield and drilling services Market
10. SWOT Analysis of Middle East Oilfields and Drilling services Market
10.1. Strengths
10.2. Weakness
10.3. Opportunities
10.4. Threats
11. Investment Model of a Rig
12. Cause and Effect Relationship in Middle East Oilfields and Drilling Market
13. Macro Economic Factors Affecting the Middle East Oilfields and Drilling Industry, 2009-2019
13.1. GDP of Middle East, 2009-2019
13.2. Crude oil Prices in Middle East, 2009-2019
13.3. Crude Oil Production in Middle East, 2009-2019
13.4. Crude Oil reserves in Middle East, 2009-2019
13.5. FDI in Middle East in Oil and Gas sector, 2009-2019
14. Appendix
14.1. Market Definitions
14.2. Abbreviations
14.3. Research Methodology
Data Collection Methods
Approach
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
14.4. Disclaimer
Research Methodology
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