Global Offshore Drilling Services Supply, Demand and Key Producers, 2023-2029

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Published Date: 28 Mar 2023

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Companies Mentioned
Related Reports
Product Tags

Description

The global Offshore Drilling Services market size is expected to reach $ 169420 million by 2029, rising at a market growth of 10.6% CAGR during the forecast period (2023-2029).

Europe is the largest Offshore Drilling market with about 46% market share. Latin America is follower, accounting for about 22% market share.

The key players are Keppel Corporation, Sembcorp Marine, DSME, SHI, HHI, NOV, CIMC Raffles, CSIC Dalian, COSCO, CMHI etc. Top 3 companies occupied about 29% market share.

Offshore drilling is a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.

This report studies the global Offshore Drilling Services demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Offshore Drilling Services, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Offshore Drilling Services that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Offshore Drilling Services total market, 2018-2029, (USD Million)
Global Offshore Drilling Services total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Offshore Drilling Services total market, key domestic companies and share, (USD Million)
Global Offshore Drilling Services revenue by player and market share 2018-2023, (USD Million)
Global Offshore Drilling Services total market by Type, CAGR, 2018-2029, (USD Million)
Global Offshore Drilling Services total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Offshore Drilling Services market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger, Transocean, Fluor Corporation, Halliburton, EnscoRowan, Noble Corporation, Baker Hughes, Rowan Companies and Seadrill, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Offshore Drilling Services market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Offshore Drilling Services Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Offshore Drilling Services Market, Segmentation by Type
Detailed Engineering
Project Management
Manufacturing
Installation and Commissioning
Life-of-Field Services
High-Pressure Control Solutions
Others

Global Offshore Drilling Services Market, Segmentation by Application
Shallow Sea Area
Offshore Area
Far Sea Area

Companies Profiled:
Schlumberger
Transocean
Fluor Corporation
Halliburton
EnscoRowan
Noble Corporation
Baker Hughes
Rowan Companies
Seadrill
Diamond Offshore Drilling
Valaris

Key Questions Answered
1. How big is the global Offshore Drilling Services market?
2. What is the demand of the global Offshore Drilling Services market?
3. What is the year over year growth of the global Offshore Drilling Services market?
4. What is the total value of the global Offshore Drilling Services market?
5. Who are the major players in the global Offshore Drilling Services market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Offshore Drilling Services Introduction
    1.2 World Offshore Drilling Services Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Offshore Drilling Services Total Market by Region (by Headquarter Location)
        1.3.1 World Offshore Drilling Services Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Offshore Drilling Services Market Size (2018-2029)
        1.3.3 China Offshore Drilling Services Market Size (2018-2029)
        1.3.4 Europe Offshore Drilling Services Market Size (2018-2029)
        1.3.5 Japan Offshore Drilling Services Market Size (2018-2029)
        1.3.6 South Korea Offshore Drilling Services Market Size (2018-2029)
        1.3.7 ASEAN Offshore Drilling Services Market Size (2018-2029)
        1.3.8 India Offshore Drilling Services Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Offshore Drilling Services Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Offshore Drilling Services Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Offshore Drilling Services Consumption Value (2018-2029)
    2.2 World Offshore Drilling Services Consumption Value by Region
        2.2.1 World Offshore Drilling Services Consumption Value by Region (2018-2023)
        2.2.2 World Offshore Drilling Services Consumption Value Forecast by Region (2024-2029)
    2.3 United States Offshore Drilling Services Consumption Value (2018-2029)
    2.4 China Offshore Drilling Services Consumption Value (2018-2029)
    2.5 Europe Offshore Drilling Services Consumption Value (2018-2029)
    2.6 Japan Offshore Drilling Services Consumption Value (2018-2029)
    2.7 South Korea Offshore Drilling Services Consumption Value (2018-2029)
    2.8 ASEAN Offshore Drilling Services Consumption Value (2018-2029)
    2.9 India Offshore Drilling Services Consumption Value (2018-2029)

3 World Offshore Drilling Services Companies Competitive Analysis
    3.1 World Offshore Drilling Services Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Offshore Drilling Services Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Offshore Drilling Services in 2022
        3.2.3 Global Concentration Ratios (CR8) for Offshore Drilling Services in 2022
    3.3 Offshore Drilling Services Company Evaluation Quadrant
    3.4 Offshore Drilling Services Market: Overall Company Footprint Analysis
        3.4.1 Offshore Drilling Services Market: Region Footprint
        3.4.2 Offshore Drilling Services Market: Company Product Type Footprint
        3.4.3 Offshore Drilling Services Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Offshore Drilling Services Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Offshore Drilling Services Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Offshore Drilling Services Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Offshore Drilling Services Consumption Value Comparison
        4.2.1 United States VS China: Offshore Drilling Services Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Offshore Drilling Services Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Offshore Drilling Services Companies and Market Share, 2018-2023
        4.3.1 United States Based Offshore Drilling Services Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Offshore Drilling Services Revenue, (2018-2023)
    4.4 China Based Companies Offshore Drilling Services Revenue and Market Share, 2018-2023
        4.4.1 China Based Offshore Drilling Services Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Offshore Drilling Services Revenue, (2018-2023)
    4.5 Rest of World Based Offshore Drilling Services Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Offshore Drilling Services Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Offshore Drilling Services Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World Offshore Drilling Services Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Detailed Engineering
        5.2.2 Project Management
        5.2.3 Manufacturing
        5.2.4 Installation and Commissioning
        5.2.5 Life-of-Field Services
        5.2.6 High-Pressure Control Solutions
        5.2.7 Others
    5.3 Market Segment by Type
        5.3.1 World Offshore Drilling Services Market Size by Type (2018-2023)
        5.3.2 World Offshore Drilling Services Market Size by Type (2024-2029)
        5.3.3 World Offshore Drilling Services Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Offshore Drilling Services Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 Shallow Sea Area
        6.2.2 Offshore Area
        6.2.3 Far Sea Area
    6.3 Market Segment by Application
        6.3.1 World Offshore Drilling Services Market Size by Application (2018-2023)
        6.3.2 World Offshore Drilling Services Market Size by Application (2024-2029)
        6.3.3 World Offshore Drilling Services Market Size by Application (2018-2029)

7 Company Profiles
    7.1 Schlumberger
        7.1.1 Schlumberger Details
        7.1.2 Schlumberger Major Business
        7.1.3 Schlumberger Offshore Drilling Services Product and Services
        7.1.4 Schlumberger Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 Schlumberger Recent Developments/Updates
        7.1.6 Schlumberger Competitive Strengths & Weaknesses
    7.2 Transocean
        7.2.1 Transocean Details
        7.2.2 Transocean Major Business
        7.2.3 Transocean Offshore Drilling Services Product and Services
        7.2.4 Transocean Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 Transocean Recent Developments/Updates
        7.2.6 Transocean Competitive Strengths & Weaknesses
    7.3 Fluor Corporation
        7.3.1 Fluor Corporation Details
        7.3.2 Fluor Corporation Major Business
        7.3.3 Fluor Corporation Offshore Drilling Services Product and Services
        7.3.4 Fluor Corporation Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 Fluor Corporation Recent Developments/Updates
        7.3.6 Fluor Corporation Competitive Strengths & Weaknesses
    7.4 Halliburton
        7.4.1 Halliburton Details
        7.4.2 Halliburton Major Business
        7.4.3 Halliburton Offshore Drilling Services Product and Services
        7.4.4 Halliburton Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 Halliburton Recent Developments/Updates
        7.4.6 Halliburton Competitive Strengths & Weaknesses
    7.5 EnscoRowan
        7.5.1 EnscoRowan Details
        7.5.2 EnscoRowan Major Business
        7.5.3 EnscoRowan Offshore Drilling Services Product and Services
        7.5.4 EnscoRowan Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 EnscoRowan Recent Developments/Updates
        7.5.6 EnscoRowan Competitive Strengths & Weaknesses
    7.6 Noble Corporation
        7.6.1 Noble Corporation Details
        7.6.2 Noble Corporation Major Business
        7.6.3 Noble Corporation Offshore Drilling Services Product and Services
        7.6.4 Noble Corporation Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 Noble Corporation Recent Developments/Updates
        7.6.6 Noble Corporation Competitive Strengths & Weaknesses
    7.7 Baker Hughes
        7.7.1 Baker Hughes Details
        7.7.2 Baker Hughes Major Business
        7.7.3 Baker Hughes Offshore Drilling Services Product and Services
        7.7.4 Baker Hughes Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 Baker Hughes Recent Developments/Updates
        7.7.6 Baker Hughes Competitive Strengths & Weaknesses
    7.8 Rowan Companies
        7.8.1 Rowan Companies Details
        7.8.2 Rowan Companies Major Business
        7.8.3 Rowan Companies Offshore Drilling Services Product and Services
        7.8.4 Rowan Companies Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 Rowan Companies Recent Developments/Updates
        7.8.6 Rowan Companies Competitive Strengths & Weaknesses
    7.9 Seadrill
        7.9.1 Seadrill Details
        7.9.2 Seadrill Major Business
        7.9.3 Seadrill Offshore Drilling Services Product and Services
        7.9.4 Seadrill Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.9.5 Seadrill Recent Developments/Updates
        7.9.6 Seadrill Competitive Strengths & Weaknesses
    7.10 Diamond Offshore Drilling
        7.10.1 Diamond Offshore Drilling Details
        7.10.2 Diamond Offshore Drilling Major Business
        7.10.3 Diamond Offshore Drilling Offshore Drilling Services Product and Services
        7.10.4 Diamond Offshore Drilling Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.10.5 Diamond Offshore Drilling Recent Developments/Updates
        7.10.6 Diamond Offshore Drilling Competitive Strengths & Weaknesses
    7.11 Valaris
        7.11.1 Valaris Details
        7.11.2 Valaris Major Business
        7.11.3 Valaris Offshore Drilling Services Product and Services
        7.11.4 Valaris Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023)
        7.11.5 Valaris Recent Developments/Updates
        7.11.6 Valaris Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Offshore Drilling Services Industry Chain
    8.2 Offshore Drilling Services Upstream Analysis
    8.3 Offshore Drilling Services Midstream Analysis
    8.4 Offshore Drilling Services Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Offshore Drilling Services Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Offshore Drilling Services Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Offshore Drilling Services Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Offshore Drilling Services Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Offshore Drilling Services Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Offshore Drilling Services Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Offshore Drilling Services Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Offshore Drilling Services Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Offshore Drilling Services Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Offshore Drilling Services Players in 2022
    Table 12. World Offshore Drilling Services Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Offshore Drilling Services Company Evaluation Quadrant
    Table 14. Head Office of Key Offshore Drilling Services Player
    Table 15. Offshore Drilling Services Market: Company Product Type Footprint
    Table 16. Offshore Drilling Services Market: Company Product Application Footprint
    Table 17. Offshore Drilling Services Mergers & Acquisitions Activity
    Table 18. United States VS China Offshore Drilling Services Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Offshore Drilling Services Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Offshore Drilling Services Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Offshore Drilling Services Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Offshore Drilling Services Revenue Market Share (2018-2023)
    Table 23. China Based Offshore Drilling Services Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Offshore Drilling Services Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Offshore Drilling Services Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Offshore Drilling Services Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Offshore Drilling Services Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Offshore Drilling Services Revenue Market Share (2018-2023)
    Table 29. World Offshore Drilling Services Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World Offshore Drilling Services Market Size by Type (2018-2023) & (USD Million)
    Table 31. World Offshore Drilling Services Market Size by Type (2024-2029) & (USD Million)
    Table 32. World Offshore Drilling Services Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World Offshore Drilling Services Market Size by Application (2018-2023) & (USD Million)
    Table 34. World Offshore Drilling Services Market Size by Application (2024-2029) & (USD Million)
    Table 35. Schlumberger Basic Information, Area Served and Competitors
    Table 36. Schlumberger Major Business
    Table 37. Schlumberger Offshore Drilling Services Product and Services
    Table 38. Schlumberger Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. Schlumberger Recent Developments/Updates
    Table 40. Schlumberger Competitive Strengths & Weaknesses
    Table 41. Transocean Basic Information, Area Served and Competitors
    Table 42. Transocean Major Business
    Table 43. Transocean Offshore Drilling Services Product and Services
    Table 44. Transocean Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. Transocean Recent Developments/Updates
    Table 46. Transocean Competitive Strengths & Weaknesses
    Table 47. Fluor Corporation Basic Information, Area Served and Competitors
    Table 48. Fluor Corporation Major Business
    Table 49. Fluor Corporation Offshore Drilling Services Product and Services
    Table 50. Fluor Corporation Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. Fluor Corporation Recent Developments/Updates
    Table 52. Fluor Corporation Competitive Strengths & Weaknesses
    Table 53. Halliburton Basic Information, Area Served and Competitors
    Table 54. Halliburton Major Business
    Table 55. Halliburton Offshore Drilling Services Product and Services
    Table 56. Halliburton Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. Halliburton Recent Developments/Updates
    Table 58. Halliburton Competitive Strengths & Weaknesses
    Table 59. EnscoRowan Basic Information, Area Served and Competitors
    Table 60. EnscoRowan Major Business
    Table 61. EnscoRowan Offshore Drilling Services Product and Services
    Table 62. EnscoRowan Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. EnscoRowan Recent Developments/Updates
    Table 64. EnscoRowan Competitive Strengths & Weaknesses
    Table 65. Noble Corporation Basic Information, Area Served and Competitors
    Table 66. Noble Corporation Major Business
    Table 67. Noble Corporation Offshore Drilling Services Product and Services
    Table 68. Noble Corporation Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. Noble Corporation Recent Developments/Updates
    Table 70. Noble Corporation Competitive Strengths & Weaknesses
    Table 71. Baker Hughes Basic Information, Area Served and Competitors
    Table 72. Baker Hughes Major Business
    Table 73. Baker Hughes Offshore Drilling Services Product and Services
    Table 74. Baker Hughes Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. Baker Hughes Recent Developments/Updates
    Table 76. Baker Hughes Competitive Strengths & Weaknesses
    Table 77. Rowan Companies Basic Information, Area Served and Competitors
    Table 78. Rowan Companies Major Business
    Table 79. Rowan Companies Offshore Drilling Services Product and Services
    Table 80. Rowan Companies Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 81. Rowan Companies Recent Developments/Updates
    Table 82. Rowan Companies Competitive Strengths & Weaknesses
    Table 83. Seadrill Basic Information, Area Served and Competitors
    Table 84. Seadrill Major Business
    Table 85. Seadrill Offshore Drilling Services Product and Services
    Table 86. Seadrill Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 87. Seadrill Recent Developments/Updates
    Table 88. Seadrill Competitive Strengths & Weaknesses
    Table 89. Diamond Offshore Drilling Basic Information, Area Served and Competitors
    Table 90. Diamond Offshore Drilling Major Business
    Table 91. Diamond Offshore Drilling Offshore Drilling Services Product and Services
    Table 92. Diamond Offshore Drilling Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 93. Diamond Offshore Drilling Recent Developments/Updates
    Table 94. Valaris Basic Information, Area Served and Competitors
    Table 95. Valaris Major Business
    Table 96. Valaris Offshore Drilling Services Product and Services
    Table 97. Valaris Offshore Drilling Services Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 98. Global Key Players of Offshore Drilling Services Upstream (Raw Materials)
    Table 99. Offshore Drilling Services Typical Customers
List of Figure
    Figure 1. Offshore Drilling Services Picture
    Figure 2. World Offshore Drilling Services Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Offshore Drilling Services Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Offshore Drilling Services Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Offshore Drilling Services Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Offshore Drilling Services Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Offshore Drilling Services Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Offshore Drilling Services Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Offshore Drilling Services Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Offshore Drilling Services Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Offshore Drilling Services Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Offshore Drilling Services Revenue (2018-2029) & (USD Million)
    Figure 13. Offshore Drilling Services Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Offshore Drilling Services Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Offshore Drilling Services Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Offshore Drilling Services by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Offshore Drilling Services Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Offshore Drilling Services Markets in 2022
    Figure 27. United States VS China: Offshore Drilling Services Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Offshore Drilling Services Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Offshore Drilling Services Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Offshore Drilling Services Market Size Market Share by Type in 2022
    Figure 31. Detailed Engineering
    Figure 32. Project Management
    Figure 33. Manufacturing
    Figure 34. Installation and Commissioning
    Figure 35. Life-of-Field Services
    Figure 36. High-Pressure Control Solutions
    Figure 37. Others
    Figure 38. World Offshore Drilling Services Market Size Market Share by Type (2018-2029)
    Figure 39. World Offshore Drilling Services Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 40. World Offshore Drilling Services Market Size Market Share by Application in 2022
    Figure 41. Shallow Sea Area
    Figure 42. Offshore Area
    Figure 43. Far Sea Area
    Figure 44. Offshore Drilling Services Industrial Chain
    Figure 45. Methodology
    Figure 46. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

Companies Mentioned

Schlumberger
Transocean
Fluor Corporation
Halliburton
EnscoRowan
Noble Corporation
Baker Hughes
Rowan Companies
Seadrill
Diamond Offshore Drilling
Valaris

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date Service & Software

According to our (Global Info Research) latest study, the global Offshore Drilling Services market size was valued at USD 83570 million in 2023 and is forecast to a readjusted size of USD 169420 million by 2030 with a CAGR of 10.6% during review period.

Global Offshore Drilling Services Supply, Demand and Key Producers, 2024-2030

Global Offshore Drilling Services Supply, Demand and Key Producers, 2024-2030

date 29 Jan 2024

date Service & Software

The global Offshore Drilling Services market size is expected to reach $ 169420 million by 2030, rising at a market growth of 10.6% CAGR during the forecast period (2024-2030).

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Offshore Drilling Services

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