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 (%)
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.
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 (%)
Detailed Engineering
Project Management
Manufacturing
Installation and Commissioning
Life-of-Field Services
High-Pressure Control Solutions
Others
Global Offshore Drilling Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Offshore Drilling Services Market Segment Percentages, by Application, 2022 (%)
Shallow Sea Area
Offshore Area
Far Sea Area
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
Transocean
Fluor Corporation
Halliburton
EnscoRowan
Noble Corporation
Baker Hughes
Rowan Companies
Seadrill
Diamond Offshore Drilling
Valaris
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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Offshore Drilling Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Offshore Drilling Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Offshore Drilling Services Overall Market Size
2.1 Global Offshore Drilling Services Market Size: 2022 VS 2029
2.2 Global Offshore Drilling Services Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Offshore Drilling Services Players in Global Market
3.2 Top Global Offshore Drilling Services Companies Ranked by Revenue
3.3 Global Offshore Drilling Services Revenue by Companies
3.4 Top 3 and Top 5 Offshore Drilling Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Offshore Drilling Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Offshore Drilling Services Players in Global Market
3.6.1 List of Global Tier 1 Offshore Drilling Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Offshore Drilling Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Offshore Drilling Services Market Size Markets, 2022 & 2029
4.1.2 Detailed Engineering
4.1.3 Project Management
4.1.4 Manufacturing
4.1.5 Installation and Commissioning
4.1.6 Life-of-Field Services
4.1.7 High-Pressure Control Solutions
4.1.8 Others
4.2 By Type - Global Offshore Drilling Services Revenue & Forecasts
4.2.1 By Type - Global Offshore Drilling Services Revenue, 2018-2023
4.2.2 By Type - Global Offshore Drilling Services Revenue, 2024-2029
4.2.3 By Type - Global Offshore Drilling Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Offshore Drilling Services Market Size, 2022 & 2029
5.1.2 Shallow Sea Area
5.1.3 Offshore Area
5.1.4 Far Sea Area
5.2 By Application - Global Offshore Drilling Services Revenue & Forecasts
5.2.1 By Application - Global Offshore Drilling Services Revenue, 2018-2023
5.2.2 By Application - Global Offshore Drilling Services Revenue, 2024-2029
5.2.3 By Application - Global Offshore Drilling Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Offshore Drilling Services Market Size, 2022 & 2029
6.2 By Region - Global Offshore Drilling Services Revenue & Forecasts
6.2.1 By Region - Global Offshore Drilling Services Revenue, 2018-2023
6.2.2 By Region - Global Offshore Drilling Services Revenue, 2024-2029
6.2.3 By Region - Global Offshore Drilling Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Offshore Drilling Services Revenue, 2018-2029
6.3.2 US Offshore Drilling Services Market Size, 2018-2029
6.3.3 Canada Offshore Drilling Services Market Size, 2018-2029
6.3.4 Mexico Offshore Drilling Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Offshore Drilling Services Revenue, 2018-2029
6.4.2 Germany Offshore Drilling Services Market Size, 2018-2029
6.4.3 France Offshore Drilling Services Market Size, 2018-2029
6.4.4 U.K. Offshore Drilling Services Market Size, 2018-2029
6.4.5 Italy Offshore Drilling Services Market Size, 2018-2029
6.4.6 Russia Offshore Drilling Services Market Size, 2018-2029
6.4.7 Nordic Countries Offshore Drilling Services Market Size, 2018-2029
6.4.8 Benelux Offshore Drilling Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Offshore Drilling Services Revenue, 2018-2029
6.5.2 China Offshore Drilling Services Market Size, 2018-2029
6.5.3 Japan Offshore Drilling Services Market Size, 2018-2029
6.5.4 South Korea Offshore Drilling Services Market Size, 2018-2029
6.5.5 Southeast Asia Offshore Drilling Services Market Size, 2018-2029
6.5.6 India Offshore Drilling Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Offshore Drilling Services Revenue, 2018-2029
6.6.2 Brazil Offshore Drilling Services Market Size, 2018-2029
6.6.3 Argentina Offshore Drilling Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Offshore Drilling Services Revenue, 2018-2029
6.7.2 Turkey Offshore Drilling Services Market Size, 2018-2029
6.7.3 Israel Offshore Drilling Services Market Size, 2018-2029
6.7.4 Saudi Arabia Offshore Drilling Services Market Size, 2018-2029
6.7.5 UAE Offshore Drilling Services Market Size, 2018-2029
7 Offshore Drilling Services Companies Profiles
7.1 Schlumberger
7.1.1 Schlumberger Company Summary
7.1.2 Schlumberger Business Overview
7.1.3 Schlumberger Offshore Drilling Services Major Product Offerings
7.1.4 Schlumberger Offshore Drilling Services Revenue in Global Market (2018-2023)
7.1.5 Schlumberger Key News & Latest Developments
7.2 Transocean
7.2.1 Transocean Company Summary
7.2.2 Transocean Business Overview
7.2.3 Transocean Offshore Drilling Services Major Product Offerings
7.2.4 Transocean Offshore Drilling Services Revenue in Global Market (2018-2023)
7.2.5 Transocean Key News & Latest Developments
7.3 Fluor Corporation
7.3.1 Fluor Corporation Company Summary
7.3.2 Fluor Corporation Business Overview
7.3.3 Fluor Corporation Offshore Drilling Services Major Product Offerings
7.3.4 Fluor Corporation Offshore Drilling Services Revenue in Global Market (2018-2023)
7.3.5 Fluor Corporation Key News & Latest Developments
7.4 Halliburton
7.4.1 Halliburton Company Summary
7.4.2 Halliburton Business Overview
7.4.3 Halliburton Offshore Drilling Services Major Product Offerings
7.4.4 Halliburton Offshore Drilling Services Revenue in Global Market (2018-2023)
7.4.5 Halliburton Key News & Latest Developments
7.5 EnscoRowan
7.5.1 EnscoRowan Company Summary
7.5.2 EnscoRowan Business Overview
7.5.3 EnscoRowan Offshore Drilling Services Major Product Offerings
7.5.4 EnscoRowan Offshore Drilling Services Revenue in Global Market (2018-2023)
7.5.5 EnscoRowan Key News & Latest Developments
7.6 Noble Corporation
7.6.1 Noble Corporation Company Summary
7.6.2 Noble Corporation Business Overview
7.6.3 Noble Corporation Offshore Drilling Services Major Product Offerings
7.6.4 Noble Corporation Offshore Drilling Services Revenue in Global Market (2018-2023)
7.6.5 Noble Corporation Key News & Latest Developments
7.7 Baker Hughes
7.7.1 Baker Hughes Company Summary
7.7.2 Baker Hughes Business Overview
7.7.3 Baker Hughes Offshore Drilling Services Major Product Offerings
7.7.4 Baker Hughes Offshore Drilling Services Revenue in Global Market (2018-2023)
7.7.5 Baker Hughes Key News & Latest Developments
7.8 Rowan Companies
7.8.1 Rowan Companies Company Summary
7.8.2 Rowan Companies Business Overview
7.8.3 Rowan Companies Offshore Drilling Services Major Product Offerings
7.8.4 Rowan Companies Offshore Drilling Services Revenue in Global Market (2018-2023)
7.8.5 Rowan Companies Key News & Latest Developments
7.9 Seadrill
7.9.1 Seadrill Company Summary
7.9.2 Seadrill Business Overview
7.9.3 Seadrill Offshore Drilling Services Major Product Offerings
7.9.4 Seadrill Offshore Drilling Services Revenue in Global Market (2018-2023)
7.9.5 Seadrill Key News & Latest Developments
7.10 Diamond Offshore Drilling
7.10.1 Diamond Offshore Drilling Company Summary
7.10.2 Diamond Offshore Drilling Business Overview
7.10.3 Diamond Offshore Drilling Offshore Drilling Services Major Product Offerings
7.10.4 Diamond Offshore Drilling Offshore Drilling Services Revenue in Global Market (2018-2023)
7.10.5 Diamond Offshore Drilling Key News & Latest Developments
7.11 Valaris
7.11.1 Valaris Company Summary
7.11.2 Valaris Business Overview
7.11.3 Valaris Offshore Drilling Services Major Product Offerings
7.11.4 Valaris Offshore Drilling Services Revenue in Global Market (2018-2023)
7.11.5 Valaris Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Offshore Drilling Services Market Opportunities & Trends in Global Market
Table 2. Offshore Drilling Services Market Drivers in Global Market
Table 3. Offshore Drilling Services Market Restraints in Global Market
Table 4. Key Players of Offshore Drilling Services in Global Market
Table 5. Top Offshore Drilling Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Offshore Drilling Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Offshore Drilling Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies Offshore Drilling Services Product Type
Table 9. List of Global Tier 1 Offshore Drilling Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Offshore Drilling Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Offshore Drilling Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Offshore Drilling Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Offshore Drilling Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Offshore Drilling Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Offshore Drilling Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Offshore Drilling Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Offshore Drilling Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Offshore Drilling Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Offshore Drilling Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Offshore Drilling Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Offshore Drilling Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Offshore Drilling Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Offshore Drilling Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Offshore Drilling Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Offshore Drilling Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Offshore Drilling Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Offshore Drilling Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Offshore Drilling Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Offshore Drilling Services Revenue, (US$, Mn), 2024-2029
Table 30. Schlumberger Company Summary
Table 31. Schlumberger Offshore Drilling Services Product Offerings
Table 32. Schlumberger Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 33. Schlumberger Key News & Latest Developments
Table 34. Transocean Company Summary
Table 35. Transocean Offshore Drilling Services Product Offerings
Table 36. Transocean Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 37. Transocean Key News & Latest Developments
Table 38. Fluor Corporation Company Summary
Table 39. Fluor Corporation Offshore Drilling Services Product Offerings
Table 40. Fluor Corporation Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 41. Fluor Corporation Key News & Latest Developments
Table 42. Halliburton Company Summary
Table 43. Halliburton Offshore Drilling Services Product Offerings
Table 44. Halliburton Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 45. Halliburton Key News & Latest Developments
Table 46. EnscoRowan Company Summary
Table 47. EnscoRowan Offshore Drilling Services Product Offerings
Table 48. EnscoRowan Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 49. EnscoRowan Key News & Latest Developments
Table 50. Noble Corporation Company Summary
Table 51. Noble Corporation Offshore Drilling Services Product Offerings
Table 52. Noble Corporation Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 53. Noble Corporation Key News & Latest Developments
Table 54. Baker Hughes Company Summary
Table 55. Baker Hughes Offshore Drilling Services Product Offerings
Table 56. Baker Hughes Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 57. Baker Hughes Key News & Latest Developments
Table 58. Rowan Companies Company Summary
Table 59. Rowan Companies Offshore Drilling Services Product Offerings
Table 60. Rowan Companies Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 61. Rowan Companies Key News & Latest Developments
Table 62. Seadrill Company Summary
Table 63. Seadrill Offshore Drilling Services Product Offerings
Table 64. Seadrill Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 65. Seadrill Key News & Latest Developments
Table 66. Diamond Offshore Drilling Company Summary
Table 67. Diamond Offshore Drilling Offshore Drilling Services Product Offerings
Table 68. Diamond Offshore Drilling Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 69. Diamond Offshore Drilling Key News & Latest Developments
Table 70. Valaris Company Summary
Table 71. Valaris Offshore Drilling Services Product Offerings
Table 72. Valaris Offshore Drilling Services Revenue (US$, Mn) & (2018-2023)
Table 73. Valaris Key News & Latest Developments
List of Figures
Figure 1. Offshore Drilling Services Segment by Type in 2022
Figure 2. Offshore Drilling Services Segment by Application in 2022
Figure 3. Global Offshore Drilling Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Offshore Drilling Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Offshore Drilling Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Offshore Drilling Services Revenue in 2022
Figure 8. By Type - Global Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 10. By Type - Global Offshore Drilling Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global Offshore Drilling Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 16. US Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 20. Germany Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 21. France Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 28. China Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 32. India Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 34. Brazil Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Offshore Drilling Services Revenue Market Share, 2018-2029
Figure 37. Turkey Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Offshore Drilling Services Revenue, (US$, Mn), 2018-2029
Figure 41. Schlumberger Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Transocean Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Fluor Corporation Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Halliburton Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. EnscoRowan Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Noble Corporation Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Baker Hughes Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Rowan Companies Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. Seadrill Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Diamond Offshore Drilling Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Valaris Offshore Drilling Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
