subject: The Future Of The Offshore Drilling Industry To 2015 [print this page] Aarkstore announce a new report "The Future of the Offshore Drilling Industry to 2015 - Market Analysis, Capital Spend and Competitive Landscape " through its vast collection of market research report.
Summary
It has released a study The Future of the Offshore Drilling Industry to 2015 - Market Analysis, Capital Spend and Competitive Landscape The study, which is an offering from the companys Energy Research Group, provides an in-depth analysis of the offshore drilling industry and highlights the various concerns, shifting trends and emerging regions in the global offshore drilling industry. The report provides forecasts of the offshore exploratory and development drilling expenditure to 2015. The report provides in-depth analysis of the key trends and challenges in the global drilling industry. The report also discusses the major offshore projects globally and provides an analysis of the competitive scenario in each of the geographies covered. The report is built using the data and information sourced from proprietary databases, primary and secondary research and in-house analysis by its team of industry experts.
The global offshore drilling market experienced a slowdown in 2009 following the hectic activity witnessed in the previous years. The growth of the offshore drilling market is driven by high demand and the prices of crude oil and natural gas. The increase in the demand for oil and natural gas due to high economic growth during the period from 2004 to 2008 was responsible for the continuous increase of crude oil and natural gas prices until mid 2008. The demand for oil and gas and the prevalent high prices stimulated increased activity in the offshore drilling market. However, since the economic slowdown and the collapse of the oil and gas prices from the record levels of 2008, many of the offshore projects have become uneconomical and have since been delayed or cancelled. Also, offshore drilling expenditure is directly dependent on the exploration and production capital spending of the international oil companies, national oil companies and independent producers. The tight credit situation and an uncertain outlook for the oil and gas global demand have affected the capital expenditure plans of the exploration and production companies. These factors have had a negative effect on the offshore drilling expenditure in 2009. However, the future outlook for offshore drilling is encouraging and the expenditure is expected to steadily increase to 2015.
Scope
- Provides a complete overview of the future prospects of the offshore drilling business.
- Provides forecasts of the offshore drilling expenditure to 2015.
- Includes the exploratory and development drilling expenditure forecasts to 2015
- Analyzes the offshore drilling expenditure in the major regions of the world.
- Forecasts the world market by region and type of activity in terms of expenditure levels.
- Identifies the high growth areas and markets for the future business expansion and market expansion.
- in-depth analysis of the offshore drilling industry, highlights the various concerns, shifting trends and emerging regions in the global offshore drilling industry
- Analyzes the strategies of the major offshore drilling contractors such as Transocean Ltd, Noble Corporation, Diamond Offshore, Ensco International plc, Seadrill
- Top lease holders discussed include BP Plc, Anadarko Petroleum Corporation, Hess Corporation,ExxonMobil Corporation,Petroleo Brasileiro S.A., Repsol YPF, S.A
Reasons to buy
- Develop business strategies with the help of specific insights about the offshore drilling industry.
- Identify opportunities and challenges in the global offshore drilling industry.
- Understand the market positioning of the offshore drilling contractors.
- Increase future revenues and profitability with the help of insights on the future opportunities
- Critical success factors in the global offshore drilling industry.
- Benchmark your operations and strategies against the major players in the global offshore drilling industry.
