Drill Collars Market in the Middle East 2015-2019

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Drill Collars Market in the Middle East 2015-2019www.technavio.comenquiry@technavio.com

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Drill Collars Market in the Middle East 2015-2019The report discusses the following in-depth:

Market Size and Forecast Market Segmentation Buying Criteria Vendor Landscape Business Segmentation Geographical Segmentation

For more information on theDrill Collars Market in the Middle East 2015-2019,please mail us atenquiry@technavio.comUSA CANADA UK CHINA INDIA

Key TrendsTechnavios Senior Analyst says, Increased global demand for oil and gas is fueling the market growth. This demand will encourage vendors to make large investments in advanced oilfield technologies to increase the efficiency and reliability of drill collars and other drilling equipment. In addition, an increase in the extraction of unconventional oil and gas resources that require enhanced drilling equipment such as non-magnetic drill collars is contributing to the market revenue. Drill collars are an essential part of the drill string. They form the lowest component of the drill string. Drill collars are heavy, thick-walled steel pipes with threaded connections at both ends. The end with an external thread is known as the male end, whereas the end with an internal thread is known as the female end.

The drill collar market in the Middle East is expected to grow significantly during the period 2014-2019, posting a CAGR of 13.19% in terms of revenue. Understanding the key drivers influencing the market Understanding the challenges faced by the market Activities of various stakeholders involved Key focus areas for the vendors Major trends that will shape the future of this market Vendor landscape and trajectory of the market Conclusion

Scope of The ReportA detailed analysis of each market driver, challengeand trend isavailable in our report:Drill Collars Market in the Middle East 2015-2019USA CANADA UK CHINA INDIA

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Vendors To understand the vendor landscape and for a full list of vendors view our report:

Drill Collars Market in the Middle East 2015-2019HalliburtonHuntingSchlumbergerHalliburton is a US-based multinational oil and gas company and one of the world's largest service companies engaged in the exploration, development, and production of oil and natural gas. The company serves the major oil and natural gas companies worldwide in the upstream area.Hunting was established in 1874 and is headquarter ion London, UK. The company manufactures and distributes products and provides related services, including equipment rental to the international energy sector.Schlumberger was founded by Conrad and Marcel Schlumberger in 1926 and is headquartered in Houston, Texas, US. It is one of the worlds largest oilfield services companies with a variety of business units.

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Market LandscapeThe growth of the market is directly related to the increase in E&P activities in the region.

Countries such as Saudi Arabia, Kuwait, Qatar, and Iran are constantly focusing on increasing their oil production, which is the major driver of their economies.

In order to increase their oil production, these countries are aggressively increasing their E&P activities.

Saudi Arabia and the UAE are producing large quantities of oil and gas to increase their market shares in the global oil and gas industry (specifically as crude oil and gas producers and exporters).

Therefore, these countries are investing heavily in oil and gas E&P activities.

Saudi Arabia's NOC Saudi Aramco plans to invest $40 billion per year for the next 10 years to boost its oil production and double its gas production. USA CANADA UK CHINA INDIA

Key Buying Criteria

Authenticity Delivery PriceService SupportParameterDetailsCostCost of drill collars must be low to ensure economic viability of production.EfficiencyDrill collars must ensure high resistance to corrosion and erosion.Environmental ImpactDrill collars must ensure minimum drilling and completion fluid leakage, thus preventing environmental contamination.Support and MaintenanceMaintenance of drill collars should be low to ensure uninterrupted production activities.Growth Forecasts?Market Analysis?Revenue Forecasts?Regional and Country level Analysis?Competitive Structure?Emerging Trends?Vendor Landscape?Other?

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Our Report Covers: Market Scenarios, Vendor landscape & Industry Road Maps.

You have the Option to Customize Reports & Access Analysts on every Report Purchase. Purchasing this report?For media enquiries,please drop us a mail atmedia@technavio.comWell include an hour with our analysts to discuss the report findings. For free.

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EuropeLondon, United Kingdom Phone: +44 208 123 1770Fax: +44 845 280 2825AsiaBangalore, India Phone: +91 934 254 0560Fax: +91 80 4080 6070 DISCLAIMERThis presentation is intended solely for showcasing Infinitis research capabilities. All information contained within this presentation has been randomized and should not be used for any kind of analysis and/or for decision making purpose. All trademarks and copyrights remain the sole ownership of their rightful owners/licensees. In no event shall Infiniti Research have any liability to any party for special, incidental, tort, or consequential damages arising out of or in connection with this report, even if Infiniti Research has been advised of the possibility of such damages. Copyright 2013 Infiniti Research Limited. All Rights Reserved. Reproduction without written permission is completely forbidden.NOT FOR FURTHER DISTRIBUTION

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