The global Offshore Drilling Services market was valued at US$ 83570 million in 2022 and is projected to reach US$ 169420 million by 2029, at a CAGR of 10.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 aims to provide a comprehensive presentation of the global market for Offshore Drilling Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Offshore Drilling Services. This report contains market size and forecasts of Offshore Drilling Services in global, including the following market information:
Global Offshore Drilling Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
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.
We surveyed the Offshore Drilling Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Offshore Drilling Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Offshore Drilling Services Market Segment Percentages, by Type, 2022 (%)
Global Offshore Drilling Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Offshore Drilling Services Market Segment Percentages, by Application, 2022 (%)
Global Offshore Drilling Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Offshore Drilling Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Offshore Drilling Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Offshore Drilling Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Schlumberger
- Halliburton
- Baker Hughes
- Petrofac
- Weatherford
- Nabors Offshore
- Transocean
- Ensco Rowan
- Seadrill
- Noble Corporation
- Diamond Offshore Drilling
- KCA Deutag
- Saipem
- Stena Drilling
- Helmerich & Payne
- China Oilfield Services Limited
- Sinopec
Outline of Major Chapters:
- Chapter 1: Introduces the definition of Offshore Drilling Services, market overview.
- Chapter 2: Global Offshore Drilling Services market size in revenue.
- Chapter 3: Detailed analysis of Offshore Drilling Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Offshore Drilling Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.
