What are the major opportunities in the Offshore Drilling market? What are the strategies for the Offshore Drilling market?

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How does the Offshore Drilling market relate to the overall economy and other similar markets?

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What are the key dynamics influencing the Offshore Drilling market growth? SWOT analysis of the Offshore Drilling market.

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Global Offshore Drilling Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : December 2025

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Offshore Drilling Global Market Report 2025

Name: Offshore Drilling Global Market Report 2025
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

By Services (Contract Drilling, Directional Drilling, Logging While Drilling, Measurement While Drilling), By Platform (Jack-Up Rigs, Floating, Semisubmersibles, Drillships, Other Platforms), By Application (Ultra-Deep Water Drilling, Shallow Water Drilling, Deep Water Drilling) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Offshore Drilling Market Overview

• Offshore Drilling market size has reached to $33.53 billion in 2024

• Expected to grow to $49.67 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%

• Growth Driver: Rising Demand For Natural Gas And Oil Boosts Offshore Drilling Market Growth

• Asia-Pacific was the largest region in 2024.

What Is Covered Under Offshore Drilling Market?

Offshore drilling refers to the process of extracting oil or natural gas from beneath the seabed using drilling rigs located off the coast, typically in deep waters. It involves specialized equipment and techniques to drill through the ocean floor and access underwater reservoirs for energy production. Offshore drilling plays a significant role in global energy supply, particularly in regions rich in hydrocarbon resources offshore.

The main types of offshore drilling are contract drilling, directional drilling, logging while drilling, and measurement while drilling. Contract drilling refers to the process where a drilling contractor provides drilling services and equipment to oil and gas companies on a contractual basis, usually for a specified duration or project. The different platforms include jack-up rigs, floating semisubmersibles, drillships, and others, and are used in various applications including ultra-deepwater drilling, shallow-water drilling, and deepwater drilling.

Offshore Drilling Market Size and growth rate 2025 to 2029: Graph

What Is The Offshore Drilling Market Size 2025 And Growth Rate?

What Is The Offshore Drilling Market Growth Forecast?

The offshore drilling market size is expected to see strong growth in the next few years. It will grow to $49.67 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to enhanced energy security investment in offshore drilling, improvements in supply chain logistics, access to funding and investment, climate change policies, and adoption of higher safety standards. Major trends in the forecast period include the use of digital technologies, integration with renewable energy projects, shift to ultra-deepwater drilling, advances in seismic imaging, and adoption of digital twin technology.

The forecast of 8.2% growth over the next five years indicates a slight reduction of 0.1% from the previous projection.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through shortages of blowout preventer components from Brazil and subsea wellhead equipment from Singapore, potentially slowing deepwater exploration activities.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Oil and Gas Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly affecting the oil and gas sector, particularly in exploration equipment, pipeline infrastructure, and refinery operations. Elevated duties on imported drilling rigs, steel pipes, and specialized machinery have driven up capital costs for both upstream and downstream activities. Midstream operators are burdened by price hikes on valves, compressors, and storage tanks, disrupting ongoing expansion projects. Meanwhile, refiners face rising costs for imported catalysts and control systems essential for processing efficiency. Retaliatory tariffs from key trade partners have also dampened U.S. exports of liquefied natural gas (LNG) and crude oil, weakening market competitiveness. To mitigate these challenges, companies are increasingly investing in domestic manufacturing partnerships, digital asset management, and energy diversification strategies to sustain operations and protect profit margins.

How Is The Offshore Drilling Market Segmented?

1) By Services: Contract Drilling, Directional Drilling, Logging While Drilling, Measurement While Drilling

2) By Platform: Jack-Up Rigs, Floating, Semisubmersibles, Drillships, Other Platforms

3) By Application: Ultra-Deep Water Drilling, Shallow Water Drilling, Deep Water Drilling

Subsegments:

1) By Contract Drilling: Jack-Up Rig Drilling, Semi-Submersible Rig Drilling, Drillship Drilling, Floating Production Storage and Offloading (FPSO) Drilling

2) By Directional Drilling: Horizontal Drilling, Extended Reach Drilling (ERD), Multi-Lateral Drilling, Underbalanced Drilling

3) By Logging While Drilling: Real-Time Data Logging, Reservoir Evaluation, Wellbore Imaging, Formation Evaluation

4) By Measurement While Drilling: Wellbore Positioning, Drilling Performance Monitoring, Geosteering, Mud Motor Monitoring

What Is Driving The Offshore Drilling Market? Rising Demand For Natural Gas And Oil Boosts Offshore Drilling Market Growth

The rise in demand for natural gas and oil is expected to propel the growth of the offshore drilling market going forward. Natural gas and oil refer to fossil fuels used as primary energy sources for heating, electricity generation, and transportation, playing a crucial role in the global energy supply. The rise in demand for natural gas and oil is driven by increasing energy needs, economic growth, and the transition towards cleaner-burning fuels in power generation and transportation. Offshore drilling enables the extraction of natural oil and gas deposits located beneath the ocean floor, expanding access to offshore reserves and thereby increasing the overall production of oil and gas. For instance, in April 2024, according to the Energy Information Administration, a US-based government agency, at the end of 2022, U.S. crude oil and lease condensate proved reserves increased by 9%, rising from 44.4 billion barrels to 48.3 billion barrels. Similarly, U.S. natural gas proved reserves grew by 10%, reaching a record 691.0 trillion cubic feet (Tcf) in 2022, up from 625.4 Tcf in 2021. Therefore, the rise in demand for natural gas and oil is driving the growth of the offshore drilling industry.

Who Are The Major Players In The Global Offshore Drilling Market?

Major companies operating in the offshore drilling market are Schlumberger NV, Baker Hughes Company, Halliburton Company, Saipem S.p.A., NOV Inc., TechnipFMC plc, China Oilfield Services Limited, Subsea 7 S.A., Keppel Corporation, Weatherford International plc, Aker Solutions ASA, Nabors Industries Limited, Petrofac Limited, Transocean Ltd., Oceaneering International Inc., Valaris Limited, KCA Deutag, Noble Corporation plc, Diamond Offshore Drilling Inc., Seadrill, Shelf Drilling Holdings Ltd., Borr Drilling, Pacific Drilling S.A., Odfjell Drilling Ltd., Lamprell plc, Vantage Drilling International, CIMC Raffles Offshore Engineering Pte Ltd

What Are The Key Trends Of The Global Offshore Drilling Market? Development Of Autonomous Offshore Drilling

Major companies operating in the offshore drilling market are focusing on integrating robotics and artificial intelligence with drilling solutions to gain a competitive edge. Robotics and artificial intelligence (AI) refer to the integration of automated machines with advanced algorithms to perform tasks that typically require human intelligence and dexterity. For instance, in January 2024, Schlumberger, a US-based oilfield services company, launched autonomous drilling operations on the Peregrino C platform with the Delfi digital platform in collaboration with Equinor, a Norway-based petroleum refining company, to enhance operational efficiency, improve safety measures, and optimize overall drilling performance. The platform includes DrillOps and DrillPlan solutions, leveraging cloud-based applications, AI, physics-based science, and seamless data integration to enhance exploration, development, drilling, production, and new energy operations. SLB and Equinor achieved a major milestone in autonomous drilling with 99% of a 2.6-kilometer section drilled autonomously on the Peregrino C platform, enhancing efficiency and reducing costs. The use of SLB's digital drilling solutions significantly improved drilling speed and carbon footprint.

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What Are Latest Mergers And Acquisitions In The Offshore Drilling Market? ABL Group Acquires Ross Offshore To Enhance Drilling And Well Management Services

In June 2024, ABL Group ASA, a Norway-based engineering services company, acquired Ross Offshore for $9.3 million. The acquisition of Ross Offshore by ABL Group's AGR aims to expand technical expertise and operational capacity in drilling project management, well engineering, subsurface evaluations, and marine operations. Ross Offshore is a Norway-based provider of offshore drilling.

What Is The Regional Outlook For The Global Offshore Drilling Market?

Asia-Pacific was the largest region in the offshore drilling market in 2024. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Offshore Drilling Market?

The offshore drilling market includes revenues earned by entities by providing services such as drilling, exploration, well intervention, and platform maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Offshore Drilling Industry?

The offshore drilling market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the offshore drilling industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Offshore Drilling Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$36.28 billion
Revenue Forecast In 2034	$49.67 billion
Growth Rate	CAGR of 8.2% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Services: Contract Drilling, Directional Drilling, Logging While Drilling, Measurement While Drilling 2) By Platform: Jack-Up Rigs, Floating, Semisubmersibles, Drillships, Other Platforms 3) By Application: Ultra-Deep Water Drilling, Shallow Water Drilling, Deep Water Drilling Subsegments: 1) By Contract Drilling: Jack-Up Rig Drilling, Semi-Submersible Rig Drilling, Drillship Drilling, Floating Production Storage and Offloading (FPSO) Drilling 2) By Directional Drilling: Horizontal Drilling, Extended Reach Drilling (ERD), Multi-Lateral Drilling, Underbalanced Drilling 3) By Logging While Drilling: Real-Time Data Logging, Reservoir Evaluation, Wellbore Imaging, Formation Evaluation 4) By Measurement While Drilling: Wellbore Positioning, Drilling Performance Monitoring, Geosteering, Mud Motor Monitoring
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Schlumberger NV, Baker Hughes Company, Halliburton Company, Saipem S.p.A., NOV Inc., TechnipFMC plc, China Oilfield Services Limited, Subsea 7 S.A., Keppel Corporation, Weatherford International plc, Aker Solutions ASA, Nabors Industries Limited, Petrofac Limited, Transocean Ltd., Oceaneering International Inc., Valaris Limited, KCA Deutag, Noble Corporation plc, Diamond Offshore Drilling Inc., Seadrill, Shelf Drilling Holdings Ltd., Borr Drilling, Pacific Drilling S.A., Odfjell Drilling Ltd., Lamprell plc, Vantage Drilling International, CIMC Raffles Offshore Engineering Pte Ltd
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Offshore Drilling Market Characteristics

3. Offshore Drilling Market Trends And Strategies

4. Offshore Drilling Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Offshore Drilling Growth Analysis And Strategic Analysis Framework

5.1. Global Offshore Drilling PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Offshore Drilling Market Growth Rate Analysis

5.4. Global Offshore Drilling Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Offshore Drilling Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Offshore Drilling Total Addressable Market (TAM)

6. Offshore Drilling Market Segmentation

6.1. Global Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Contract Drilling

Directional Drilling

Logging While Drilling

Measurement While Drilling

6.2. Global Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Jack-Up Rigs

Floating

Semisubmersibles

Drillships

Other Platforms

6.3. Global Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Ultra-Deep Water Drilling

Shallow Water Drilling

Deep Water Drilling

6.4. Global Offshore Drilling Market, Sub-Segmentation Of Contract Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Jack-Up Rig Drilling

Semi-Submersible Rig Drilling

Drillship Drilling

Floating Production Storage and Offloading (FPSO) Drilling

6.5. Global Offshore Drilling Market, Sub-Segmentation Of Directional Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Horizontal Drilling

Extended Reach Drilling (ERD)

Multi-Lateral Drilling

Underbalanced Drilling

6.6. Global Offshore Drilling Market, Sub-Segmentation Of Logging While Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Real-Time Data Logging

Reservoir Evaluation

Wellbore Imaging

Formation Evaluation

6.7. Global Offshore Drilling Market, Sub-Segmentation Of Measurement While Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Wellbore Positioning

Drilling Performance Monitoring

Geosteering

Mud Motor Monitoring

7. Offshore Drilling Market Regional And Country Analysis

7.1. Global Offshore Drilling Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Offshore Drilling Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Offshore Drilling Market

8.1. Asia-Pacific Offshore Drilling Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Offshore Drilling Market

9.1. China Offshore Drilling Market Overview

9.2. China Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Offshore Drilling Market

10.1. India Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Offshore Drilling Market

11.1. Japan Offshore Drilling Market Overview

11.2. Japan Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Offshore Drilling Market

12.1. Australia Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Offshore Drilling Market

13.1. Indonesia Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Offshore Drilling Market

14.1. South Korea Offshore Drilling Market Overview

14.2. South Korea Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Offshore Drilling Market

15.1. Western Europe Offshore Drilling Market Overview

15.2. Western Europe Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Offshore Drilling Market

16.1. UK Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Offshore Drilling Market

17.1. Germany Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Offshore Drilling Market

18.1. France Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Offshore Drilling Market

19.1. Italy Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Offshore Drilling Market

20.1. Spain Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Offshore Drilling Market

21.1. Eastern Europe Offshore Drilling Market Overview

21.2. Eastern Europe Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Offshore Drilling Market

22.1. Russia Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Offshore Drilling Market

23.1. North America Offshore Drilling Market Overview

23.2. North America Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Offshore Drilling Market

24.1. USA Offshore Drilling Market Overview

24.2. USA Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Offshore Drilling Market

25.1. Canada Offshore Drilling Market Overview

25.2. Canada Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Offshore Drilling Market

26.1. South America Offshore Drilling Market Overview

26.2. South America Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Offshore Drilling Market

27.1. Brazil Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Offshore Drilling Market

28.1. Middle East Offshore Drilling Market Overview

28.2. Middle East Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Offshore Drilling Market

29.1. Africa Offshore Drilling Market Overview

29.2. Africa Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Offshore Drilling Market Competitive Landscape And Company Profiles

30.1. Offshore Drilling Market Competitive Landscape

30.2. Offshore Drilling Market Company Profiles

30.2.1. Schlumberger NV Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Baker Hughes Company Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Halliburton Company Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Saipem S.p.A. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. NOV Inc. Overview, Products and Services, Strategy and Financial Analysis

31. Offshore Drilling Market Other Major And Innovative Companies

31.1. TechnipFMC plc

31.2. China Oilfield Services Limited

31.3. Subsea 7 S.A.

31.4. Keppel Corporation

31.5. Weatherford International plc

31.6. Aker Solutions ASA

31.7. Nabors Industries Limited

31.8. Petrofac Limited

31.9. Transocean Ltd.

31.10. Oceaneering International Inc.

31.11. Valaris Limited

31.12. KCA Deutag

31.13. Noble Corporation plc

31.14. Diamond Offshore Drilling Inc.

31.15. Seadrill

32. Global Offshore Drilling Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Offshore Drilling Market

34. Recent Developments In The Offshore Drilling Market

35. Offshore Drilling Market High Potential Countries, Segments and Strategies

35.1 Offshore Drilling Market In 2029 - Countries Offering Most New Opportunities

35.2 Offshore Drilling Market In 2029 - Segments Offering Most New Opportunities

35.3 Offshore Drilling Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Offshore Drilling Market, Sub-Segmentation Of Contract Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Offshore Drilling Market, Sub-Segmentation Of Directional Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Offshore Drilling Market, Sub-Segmentation Of Logging While Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Offshore Drilling Market, Sub-Segmentation Of Measurement While Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Offshore Drilling Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Offshore Drilling Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Schlumberger NV Financial Performance

Table 79: Baker Hughes Company Financial Performance

Table 80: Halliburton Company Financial Performance

Table 81: Saipem S.p.A. Financial Performance

Table 82: NOV Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Offshore Drilling Market, Sub-Segmentation Of Contract Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Offshore Drilling Market, Sub-Segmentation Of Directional Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Offshore Drilling Market, Sub-Segmentation Of Logging While Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Offshore Drilling Market, Sub-Segmentation Of Measurement While Drilling, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Offshore Drilling Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Offshore Drilling Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Offshore Drilling Market, Segmentation By Services, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Offshore Drilling Market, Segmentation By Platform, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Offshore Drilling Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Schlumberger NV Financial Performance

Figure 79: Baker Hughes Company Financial Performance

Figure 80: Halliburton Company Financial Performance

Figure 81: Saipem S.p.A. Financial Performance

Figure 82: NOV Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the Offshore Drilling market?

How will the Offshore Drilling market drivers and restraints affect the market dynamics? What forces will shape the Offshore Drilling industry going forward?

The market major growth driver - Rising Demand For Natural Gas And Oil Boosts Offshore Drilling Market Growth. For further insights on this market, request a sample here

What is the forecast market size or the forecast market value of the Offshore Drilling market?

The offshore drilling market size has grown strongly in recent years. It will grow from $33.53 billion in 2024 to $36.28 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to deepwater discoveries, development of offshore infrastructure, economic growth increasing energy consumption, depletion of onshore reserves, and skilled workforce availability. The offshore drilling market size is expected to see strong growth in the next few years. It will grow to $49.67 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to enhanced energy security investment in offshore drilling, improvements in supply chain logistics, access to funding and investment, climate change policies, and adoption of higher safety standards. Major trends in the forecast period include the use of digital technologies, integration with renewable energy projects, shift to ultra-deepwater drilling, advances in seismic imaging, and adoption of digital twin technology. For further insights on this market, request a sample here

How is the Offshore Drilling market segmented?

The offshore drillingmarket covered in this report is segmented –
1) By Services: Contract Drilling, Directional Drilling, Logging While Drilling, Measurement While Drilling
2) By Platform: Jack-Up Rigs, Floating, Semisubmersibles, Drillships, Other Platforms
3) By Application: Ultra-Deep Water Drilling, Shallow Water Drilling, Deep Water Drilling Subsegments:
1) By Contract Drilling: Jack-Up Rig Drilling, Semi-Submersible Rig Drilling, Drillship Drilling, Floating Production Storage and Offloading (FPSO) Drilling
2) By Directional Drilling: Horizontal Drilling, Extended Reach Drilling (ERD), Multi-Lateral Drilling, Underbalanced Drilling
3) By Logging While Drilling: Real-Time Data Logging, Reservoir Evaluation, Wellbore Imaging, Formation Evaluation
4) By Measurement While Drilling: Wellbore Positioning, Drilling Performance Monitoring, Geosteering, Mud Motor Monitoring For further insights on this market, request a sample here

Which region has the largest share of the Offshore Drilling market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the offshore drilling market in 2024. The regions covered in the offshore drilling market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Who are the major players in the Offshore Drilling market?

What are the key trends in the Offshore Drilling market?

Major trends in this market include Development Of Autonomous Offshore Drilling. For further insights on this market, request a sample here.

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Offshore Drilling Global Market Report 2025

Offshore Drilling Market Overview

What Is Covered Under Offshore Drilling Market?

What Is The Offshore Drilling Market Size 2025 And Growth Rate?

What Is The Offshore Drilling Market Growth Forecast?

What’s The Trade War Impact On Oil and Gas Industry?

How Is The Offshore Drilling Market Segmented?

What Is Driving The Offshore Drilling Market? Rising Demand For Natural Gas And Oil Boosts Offshore Drilling Market Growth

Who Are The Major Players In The Global Offshore Drilling Market?

What Are The Key Trends Of The Global Offshore Drilling Market? Development Of Autonomous Offshore Drilling

What Are Latest Mergers And Acquisitions In The Offshore Drilling Market? ABL Group Acquires Ross Offshore To Enhance Drilling And Well Management Services

What Is The Regional Outlook For The Global Offshore Drilling Market?

What Defines the Offshore Drilling Market?

How is Market Value Defined and Measured?

What is the Market Assessment and Strategic Outlook for the Offshore Drilling Industry?

Offshore Drilling Market Report Forecast Analysis

Table Of Contents

List Of Tables

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Frequently Asked Questions