Category Archives: Oil and Gas

The TechSci report titled “Saudi Arabia Oil Drilling Market By Deployment (Offshore, Onshore), Service (Contract, Drilling, Logging While Drilling, Measurement While Drilling, Directional Drilling), Equipment Type (Drilling Equipment, Production Equipment, Pumps & Valves, Others), Region, Competition Forecast & Opportunities, 2027” reveals that the Saudi Arabia oil drilling market experienced significant growth in the past until… Read More »

TechSci Research has reported that the global offshore crane market is expected to experience a CAGR 7% during the forecast period, according to their report “Global Offshore Crane Market By Design Type (Knuckle Boom, Telescopic Boom, Lattice Boom and Others), By Application (Oil Rig Cranes, Marine Cranes and Others), By Lifting Capacity (500-3,000mt Lifting Capacity… Read More »

The Global directional drilling market is anticipated to reach USD11.43 billion by 2027, with a CAGR of 5.71%, according to the TechSci Research report titled “Directional Drilling Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027″. The market was valued at USD8.10 billion in 2021 and is driven by the increasing oilfield exploration… Read More »

According to the 2017-2027 forecast by TechSci Research, the global offshore oil and gas rig market will experience a CAGR of 5.69% and reach a value of USD22522.64 million by 2027. This growth is driven by the increasing demand for oil and gas due to robust economic activities and the growth of various industries such… Read More »

TechSci Research report forecasts that the United States oil shale market will experience a compound annual growth rate (CAGR) of approximately XX% throughout the forecast period. The market’s growth can be attributed to the adoption of oil shale, which has been facilitated by advancements in drilling technology, increased oil output, and a rise in recoverable oil reserves.… Read More »

According to a report by TechSci Research titled “Qatar Crane Rental Market – By Region, Competition, Forecast & Opportunities, 2017-2027,” the Qatar crane rental market reached USD 110.55 million in 2021 and is expected to grow at a CAGR of 10.01% to reach USD 206.05 million by 2027. The growth of the construction sector, spurred… Read More »

As per the report by TechSci Research titled “Mud Bucket For Oil & Gas Market – Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027”, the global mud bucket for oil & gas market is expected to exhibit a significant CAGR during the period of 2023-2027 due to the increase in oil & drilling operations.… Read More »