Well Completion Equipment and Services Market is Estimated to Grow at a CAGR of 6.5%

Date: 2015-08-12

In this report, the well completion equipment & services market is segmented on the basis of application, type and country. By country, the well completion equipment and services market has been segmented into countries, such as Oman, Qatar, Saudi Arabia and UAE.

The well completion equipment and services market is estimated to grow at a CAGR of 6.5% from 2014 to 2019. The market segmented based on type includes packers, sand control tools, multi-stage frac, liner hangers, smart wells, safety valves and others. In 2014, the packers segment accounted for the largest share of 33.2% in the Middle Eastern well completion equipment and services market followed by the sand control tools segment. 

The report has profiled the leading players  in the market along with the strategies (new product launches, mergers & acquisitions, expansions and partnerships, agreements, collaborations and joint ventures)  adopted by them to sustain and strengthen their position in the Middle Eastern well completion equipment and services market. Halliburton Co. (U.S.), Weatherford International Plc (Ireland), Schlumberger Ltd. (U.S.), and Baker Hughes Inc. (U.S.) are some of the key players operating  in this market.

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