Category: Drilling & Extraction Equipments

Worldwide wireline logging service market was valued over USD 16 billion in 2014. Increased production and exploration activities coupled with rise in real-time data gathering are factors anticipated to drive market demand further. Increase in crude oil prices will augment regress investments further, which will impact the world energy demand by 2020.Moreover; this resulted in…

Global specialty oilfield chemicals market is expected to witness growth in light of increasing application in drilling, well completion and production in upstream oil & gas sector. Increasing production output of crude oil and natural gas in Middle East in light of deployment of enhanced oil recovery application is likely to augment specialty oilfield chemicals…

Global growth in oil & gas industry coupled with increased energy demand in Middle East & Africa (MEA) and Asian regions is expected to be a key driving factor for coil tubing market growth over the next seven years. Increase in shale gas projects coupled with new reserve discoveries is anticipated to prompt coil tubing…