Drilling Services Type Held the Largest Market Share of 86.3% within the Middle East Oilfield Services Market

Date: 2015-08-12

“In this report, the oilfield services market is segmented on the basis of type, application and country. The oilfield services market has been segmented into the Middle East countries such as Saudi Arabia, UAE, Qatar, Oman, and Others. 

The oilfield services market is estimated to grow at a CAGR of 4.2% from 2014 to 2019. The market has been segmented into types which include coiled tubing services, completion equipment & services, drilling & completion fluids, drilling waste management, OCTG, pressure pumping services, well intervention services, and wireline services. In 2014, drilling services type held the largest market share of 86.3% within the Middle East oilfield services market followed by oil country tubular goods. 

The report has profiled the leading players of the market along with the developments (new product launches, mergers & acquisitions, expansions and partnerships, agreements, collaborations, and joint ventures) undertaken by the companies over the past few years and strategies adopted by them to sustain and strengthen their position in the Middle East oilfield services market. Weatherford International Ltd (Ireland), Superior Energy Services (U.S.), and Baker Hughes Inc. (U.S.) are some of the key players engaged in this market.

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