The oil and gas services include exploration and production of oil and gas to increase efficiency as well as production lifespan of projects for upstream, midstream, and downstream operations. Upstream oil and gas service companies provide inspection, decommissioning, sampling, SURF, and other related services to the oil and gas companies. Besides, companies are increasingly adopting advanced technologies to strengthen their position in the global market.
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The upstream oil and gas services market is anticipated to witness healthy growth in the forecast period on account of increasing global spending on exploration and production (E&P) coupled with shale gas production. However, fluctuating crude oil prices and growing focus on renewable energy may hamper the growth of the upstream oil and gas services market. Nonetheless, newer oilfield discoveries are likely to offer substantial growth opportunities for the upstream oil and gas services market during the forecast period.
The report also includes the profiles of key upstream oil and gas services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Baker Hughes (GE)
- China Oilfield Services (CNOOC)
- Fluor Corporation
- Halliburton Company
- Petrofac Limited
- Saipem S.p.A.
- Schlumberger Limited
- TechnipFMC plc
- Transocean Ltd.
Reasons to Buy the Report:
- Learn about the driving factors, affecting the market growth.
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- Pick up on the leading market players within the market.
- Envision the restrictions and restrains that are likely to hamper the market.
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This post was originally published on The Picayune Current