Support activities for oil and gas operations industry comprise establishments which provide support activities on a contract or fee basis for oil and gas operations such as exploration, drilling and extraction.
The top five companies covered are Halliburton, Saipem, Schlumberger Ltd., Baker Hughes Incorporated, and Weatherford International plc. Halliburton was the largest company in the oil and gas supporting activities market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Oil and Gas Supporting Activities Market Size
The global oil and gas supporting activities market was valued around $191 billion in 2017. North America was the largest region in the oil and gas supporting activities market in 2017, accounting for around 28% of the total market. The USA was the largest country in the market accounting for around 23% of the total market.
Oil and Gas Supporting Activities Market Trend
Companies involved in providing support activities for oil and gas operations are offering self-assembling rigs to reduce operating costs and save time. Self-assembling rigs are automated rigs that can walk at up to 30 feet per hour, rotate 360 degrees, and can be operated with a remote control.
Oil and Gas Supporting Activities Market Segmentation
The oil and gas supporting activities market includes Drilling Oil and Gas Wells, and Crude Oil & Natural Gas.
“Polymer Modified Asphalt That Delivers Maximum Service Life”
Increase In Profitability Of Crude Oil And Natural Gas Production With An Implementation Of Digital Oilfield Technology
Geosteering And Measurement While Drilling Technologies To Provide Real-Time Data
Digitization, IoT And Robotics To Increase Production Of Oil And Gas Industry With Limited Investments
Implementation Of Rig-Less Technology To Reduce Turnaround Time For Decommissioning Of Wells
Carbon Capture And Storage By Refineries To Reduce CO2 Emission
Gas To Liquid Technology To Produce High Quality Petroleum Products
Self-Assembling Rigs To Reduce Operating Costs And Save Time
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