Saudi Arabia Oilfield Equipment Rental Market Overview
As per recent research by MarkNtel Advisors, the Saudi Arabia Oilfield Equipment Rental market is projected to grow at a CAGR of around 8% during the forecast period, i.e., 2022-27.
Saudi Arabia Oilfield Equipment Rental Market Dynamics
Market Drivers : New Discoveries Expansion of Oilfields in Saudi Arabia
Saudi Arabia Oilfield Equipment Rental market countersigned the prolific growth in the historical years, owing to the oil mines expansion activities in the region. As Saudi Arabia is blessed with a large number of oil reserves, both onshore offshore, the country has been one of the largest oil exporters in the world, which continues to increase the demand for equipment rental services such as jack-ups drillships.
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Saudi Arabia Oilfield Equipment Rental Market Segmentation Overview 2022-2027: Key Factors
By Type
-Drilling Equipment
-Drill Pipe
-Drill Collars
-Others (Reamer, etc.)
-Pressure Flow Control Equipment
-Fishing Equipment
-Others (Casing Clean-out, etc.)
By Location
-Onshore
-Offshore
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Saudi Arabia Oilfield Equipment Rental Market Geographical Insights:
By Region:
-East
-West
-South
-Central
Key Players and Competitive Strategies in the Saudi Arabia Oilfield Equipment Rental Market
Several prominent players dominate the Saudi Arabia Oilfield Equipment Rental Market, including:
- Baker Hughes Company
- Parker Wellbore
- Schlumberger Middle East
- Superior Energy Services
- Seadrill Ltd.
- Weatherford International PLC
- Nabors Industries Ltd.
- Certified Oilfield Rentals LLC (COR Middle East)
- Great Valve General Contracting (GVGC)
- Rawabi Oil Gas (ROG)
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Questions Addressed in this Study
1.How big is the Saudi Arabia Oilfield Equipment Rental Market Size?
2.What is the Saudi Arabia Oilfield Equipment Rental Market Growth?
3.Who are the key players of the Saudi Arabia Oilfield Equipment Rental Market?
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