Research and Markets: Russian (Caspian, Black, Azov and Baltic Seas, in the Arctic and the Far East) Offshore Oil & Gas Fields Development: The Prospects of Equipment and Materials Market Until 2025

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/w3jcg3/russian_offshore) has announced the addition of the "Russian Offshore Oil & Gas Fields Development: The Prospects of Equipment and Materials Market Until 2025" report to their offering.

The subject of the research report is Russia's offshore production projects in the Caspian, Black, Azov and Baltic Seas, in the Arctic and the Far East.

Since 2005, the publisher has analyzed on a regular basis the status of offshore projects and is republishing the report for the fifth time with the latest versions focusing on the demand of E&P companies for equipment as well as for contractor services. Every successive edition leverages a base of cumulative knowledge and data obtained in the course of works on research projects in the oil and gas market segment.

The most recent report describing offshore hydrocarbon production projects was released in early 2013. Despite the fact that just over a year has gone by since that time, we decided to address the subject of oil and gas production in the sea, while shifting the research focus to evaluation of the offshore market's potential demand for equipment and materials, including seismic survey vessels, oil rigs, production platforms and pipes used for various purposes.

In the interim since the latest issue of the report, sweeping changes have taken place in the Russian offshore. In the Arctic, the problem of offshore delimitation in the Arctic Ocean has become even more acute. In 2012-2013, several major international companies entered the Russian offshore and their footprints will likely speed up exploration of license areas dramatically. At the end of 2013, the Kirinskoye field in the Sea of Okhotsk was put into operation in a test mode, its switch to regular industrial exploitation planned for the second half of 2014. Finally, on the eve of 2014, the first commercial oil was produced at the Prirazlomnoye field in the Pechora Sea.

As before, the report focuses on the forward-looking aspects of projects, including the implementation period, drilling volumes and need for platforms, since this is an approach that also makes it possible to evaluate the scope of the market for other kinds of oil and gas equipment.

The key sections of the report devote attention to the following issues:

  • An overview of the current status of projects, including plans for implementation or termination
  • Information about the intentions of certain players to join or pull out of projects
  • Forecast for 2014-2025 production of certain projects in the context of possible scenarios
  • Exploration and development drilling forecast for 2014-2025 in the context of projects, players and possible timing of drilling operations
  • Forecast of the need for seismic survey ships, oil rigs, production platforms and pipes for various purposes in 2014-2025

Companies Mentioned

  • Gazprom
  • LUKOIL
  • OAO Severneftegaz
  • Rosneft

For more information visit http://www.researchandmarkets.com/research/w3jcg3/russian_offshore

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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U.S. Fax: 646-607-1907
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Sector: Gas, Oil

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Gas, Oil