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Middle East Oilfield Service Market Research Report Forecast to 2032

Publisher Market Research Future
Published Jan 20, 2024
Length 104 Pages
SKU # RESFT18458238

Description

Middle East Oilfield Service Market Research Report Forecast to 2032



Pressure Pumping Services stands as the major segment in the Middle East oilfield services market, generating a substantial revenue of USD 27,168.56 million. This segment plays a critical role in enhancing hydrocarbon extraction from both onshore and offshore reservoirs, making it the linchpin of the region's oil and gas industry. Pressure Pumping Services are at the forefront of well productivity enhancement. Activities such as hydraulic fracturing and cementing are vital components that facilitate the release of hydrocarbons from tight reservoirs. In the context of the Middle East, home to some of the world's largest oilfields, these services are indispensable. As many of these fields age, the need for advanced techniques to maximize production becomes increasingly pronounced. Pressure Pumping Services rise to the occasion, offering innovative solutions for reservoir stimulation and well integrity maintenance.

Moreover, technological advancements continue to drive growth in this segment. Innovations in hydraulic fracturing techniques and the development of environmentally friendly fluids are transforming oilfield operations, making them more efficient and sustainable. Pressure Pumping Services not only keep pace with these innovations but also spearhead them, ensuring that the Middle East remains at the forefront of global hydrocarbon production.

Among the application segments, ""Onshore"" emerges as the dominant force, commanding a substantial revenue of USD 55,768.6 million. This segment's preeminence is attributed to its alignment with the region's vast onshore oil and gas reserves, a defining characteristic of the Middle East's energy landscape. One of the defining factors behind the dominance of ""Onshore"" applications is the extensive portfolio of onshore oilfields in the Middle East. These fields have been instrumental in shaping the global energy market, and their significance remains unwavering. Moreover, the region's commitment to optimizing production from onshore reserves ensures a consistent demand for associated services.

Market Segmentation

Middle East Oilfield Service Market is segmented in terms of Service type, Application, and Country.

The service type is further classified into Well Completion Equipment & Services, Wireline Services, Pressure Pumping Services, Drilling Waste Management Services, Coiled Tubing Services.

Application Segment is further classified into Onshore and Offshore.

The report on the Middle East Oilfield Services market has been segmented based on countries Egypt, Iraq, Kuwait, Oman, Qatar, Turkey, Saudi Arabia, United Arab Emirates, and Rest of Middle East.

Major Players

Schlumberger Limited, Halliburton Company, Baker Hughes Company, Weatherford International PLC, RPC Inc., Anton Oilfield Services (Group) Ltd., Middle East Oilfield Services LLC, Oil Serv Limited, WelltecA/S.

Companies Mentioned

Schlumberger Limited
Halliburton Company
Baker Hughes Company
Weatherford International PLC
RPC Inc.
Anton Oilfield Services (Group) Ltd.
Middle East Oilfield Services LLC
Oil Serv Limited
WelltecA/S

Table of Contents

104 Pages
1 Executive Summary
1.1 The Top Performing Segments
1.2 Key Trends Summarized
1.2.1 Digital Transformation:
1.2.2 Sustainability Focus:
1.2.3 Diversification Strategies:
1.2.4 Cost Efficiency Drive:
1.2.5 Collaboration And Partnerships:
1.3 Pricing Outlook
1.3.1 Oil Prices And Market Volatility
1.4 Strategic Insights
1.5 Who Are The Key Players In The Market?
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Research Objective
2.4 Market Structure
3 Research Methodology
3.1 Overview
3.2 Data Flow
3.2.1 Data Ceramics Process
3.3 Purchased Database:
3.4 Secondary Sources:
3.4.1 Secondary Research Data Flow:
3.5 Primary Research:
3.5.1 Primary Research Data Flow:
3.5.2 Primary Research: Number Of Interviews Conducted
3.5.3 Primary Research: Regional Coverage
3.6 Approaches For Market Size Estimation:
3.6.1 Trade Analysis Approach
3.7 Data Forecasting
3.7.1 Data Forecasting Technique
3.8 Data Modeling
3.8.1 Microeconomic Factor Analysis:
3.8.2 Data Modeling:
3.9 Teams And Analyst Contribution
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Growing Demand For Enhanced Oil Recovery
4.2.2 Rapidly Growing Shale Gas Exploration
4.2.3 Offshore Oil And Gas Development
4.3 Restraints
4.3.1 Fluctuating Crude Oil Prices
4.4 Opportunity
4.4.1 Increasing Oil & Gas Investments In The Region
4.5 Impact Analysis Of Covid-19 On Middle East Oilfield Services Market
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Research & Development
5.1.2 Component/Equipment Supply
5.1.3 Software Providers
5.1.4 End Users
5.2 Porter’s Five Forces Model
5.2.1 Bargaining Power Of Suppliers
5.2.2 Bargaining Power Of Buyers
5.2.3 Threat Of New Entrants
5.2.4 Threat Of Substitutes
5.2.5 Intensity Of Rivalry
6 Middle East Oilfield Services Market, By Service Type
6.1 Introduction
6.2 Well Completion Equipment & Services
6.3 Well Intervention Services
6.4 Coiled Tubing Services
6.5 Pressure Pumping Services
6.6 Octg
6.7 Wireline Services
6.8 Drilling Waste Management Services
6.9 Others
7 Middle East Oilfield Services Market, By Application
7.1 Introduction
7.2 Onshore
7.3 Offshore
8 Middle East Oilfield Services Market, By Country
8.1 Overview
8.1.1 Egypt
8.1.2 Iraq
8.1.3 Kuwait
8.1.4 Oman
8.1.5 Qatar
8.1.6 Turkey
8.1.7 Saudi Arabia
8.1.8 United Arab Emirates
8.1.9 Rest Of Middle East & Africa
9 Competitive Landscape
9.1 Competitive Overview
9.2 Competitive Benchmarking
9.3 Market Share Analysis, 2022
9.4 Major Players In The Middle East Oilfield Service Market
9.5 List Of Key Players, By Country
9.6 Comparative Analysis: Key Players Financial, 2022
9.1 Leading Players In Terms Of The Number Of Developments In The Middle East Oilfield Service Market
9.2 Key Developments & Growth Strategies
9.2.1 Contracts And Agreements
9.2.2 Product Launch/Product Development
9.2.3 Expansion/Acquisition/Partnership
10 Company Profiles
10.1 Halliburton Company
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategies
10.2 Weatherford International Plc
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Developments
10.2.5 Swot Analysis
10.2.6 Key Strategies
10.3 Baker Hughes Company
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Developments
10.3.5 Swot Analysis
10.3.6 Key Strategies
10.4 Middle East Oilfield Services Llc.
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products/Services Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategies
10.5 Schlumberger Limited
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products/Services Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Anton Oilfield Services (Group) Ltd.
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products/Services Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Rpc Inc.
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products/Services Offered
10.7.4 Key Developments
10.7.5 Swot Analysis
10.7.6 Key Strategies
10.8 Welltec A/S
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products/Services Offered
10.8.4 Key Developments
10.8.5 Swot Analysis
10.8.6 Key Strategies
10.9 Oilserv Limited
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Developments
10.9.5 Swot Analysis
10.9.6 Key Strategies
10.10 Swire Oilfield Services Ltd.
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Developments
10.10.5 Swot Analysis
10.10.6 Key Strategies
11 Appendix
11.1 References
11.2 Related Reports
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment
Table 2 Middle East Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 3 Middle East Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 4 Middle East Oilfield Services Market, By Country, 2018-2032 (Usd Million)
Table 5 Egypt Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 6 Egypt Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 7 Iraq Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 8 Iraq Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 9 Kuwait Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 10 Kuwait Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 11 Oman Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 12 Oman Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 13 Qatar Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 14 Qatar Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 15 Turkey Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 16 Turkey Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 17 Saudi Arabia Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 18 Saudi Arabia Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 19 United Arab Emirates Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 20 United Arab Emirates Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 21 Rest Of Middle East & Africa Oilfield Services Market, By Service Type, 2018-2032 (Usd Million)
Table 22 Rest Of Middle East & Africa Oilfield Services Market, By Application, 2018-2032 (Usd Million)
Table 23 Major Players In The Middle East Oilfield Service Market
Table 24 List Of Key Players, By Country
Table 25 The Most Active Players In The Middle East Oilfield Service Market
Table 26 Contracts And Agreements
Table 27 Product Launch/Product Development
Table 28 Expansion/Acquisition/ Partnership
Table 29 Halliburton Company: Products Offered
Table 30 Halliburton Company: Key Developments
Table 31 Weatherford International Plc: Products Offered
Table 32 Weatherford International Plc: Key Developments
Table 33 Baker Hughes Company: Products Offered
Table 34 Baker Hughes Company: Key Developments
Table 35 Middle East Oilfield Services Llc.: Products/Services Offered
Table 36 Schlumberger Limited: Products/Services Offered
Table 37 Schlumberger Limited: Key Developments
Table 38 Anton Oilfield Services (Group) Ltd.: Products/Services Offered
Table 39 Rpc Inc.: Products Offered
Table 40 Rpc Inc.: Key Developments
Table 41 Welltec A/S: Products/Services Offered
Table 42 Oilserv Limited: Products Offered
Table 43 Swire Oilfield Services Ltd.: Products Offered 101
List Of Figures
Figure 1 Annual Brent Crude Oil Price, 2016 To 2022 (Usd/Barrel)
Figure 2 Middle East Oilfield Service Market: Structure
Figure 3 Middle East Oilfield Service Market: Market Growth Factor Analysis (2018-2032)
Figure 4 Number Of Offshore Oil And Gas Rigs In The Middle East From January 2023 To June 2023
Figure 5 Driver Impact Analysis (2023-2032)
Figure 6 Restraint Impact Analysis (2022-2032)
Figure 7 Supply Chain Analysis: Middle East Oilfield Service Market
Figure 8 Porter’s Five Forces Model: Middle East Oilfield Service Market
Figure 9 Middle East Oilfield Services Market, By Service Type, Segment Attractiveness Analysis
Figure 10 Middle East Oilfield Services Market, By Service Type, 2022 (% Share)
Figure 11 Middle East Oilfield Services Market, By Application, Segment Attractiveness Analysis
Figure 12 Middle East Oilfield Services Market, By Application, 2022 (% Share)
Figure 13 Middle East Oilfield Services Market, By Country, 2022 (% Share)
Figure 14 Benchmarking Of Major Competitors
Figure 15 Middle East Oilfield Services Major Players Market Share Analysis, 2022 (%)
Figure 16 Comparative Analysis: Key Players Financial, 2022
Figure 17 Halliburton Company: Financial Overview Snapshot
Figure 18 Halliburton Company: Swot Analysis
Figure 19 Weatherford International Plc: Financial Overview Snapshot
Figure 20 Weatherford International Plc: Swot Analysis
Figure 21 Baker Hughes Company: Financial Overview Snapshot
Figure 22 Baker Hughes Company: Swot Analysis
Figure 23 Middle East Oilfield Services Llc.: Swot Analysis
Figure 24 Schlumberger Limited.: Financial Overview Snapshot
Figure 25 Schlumberger Limited: Swot Analysis
Figure 26 Anton Oilfield Services (Group) Ltd.: Financial Overview Snapshot
Figure 27 Anton Oilfield Services (Group) Ltd.: Swot Analysis
Figure 28 Rpc Inc.: Financial Overview Snapshot
Figure 29 Rpc Inc.: Swot Analysis
Figure 30 Welltec A/S: Swot Analysis
Figure 31 Oilserv Limited: Swot Analysis
Figure 32 Swire Oilfield Services Ltd.: Swot Analysis

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