Research and Markets: Global Drillship Market Report: 2014 Edition

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/f8tcm9/global_drillship) has announced the addition of the "Global Drillship Market Report: 2014 Edition" report to their offering.

A drillship is a merchant vessel designed for use in exploratory offshore drilling of new oil and gas wells or for scientific drilling purposes. In most recent years, the vessels are used in deepwater and ultra-deepwater applications, equipped with the latest and most advanced dynamic positioning systems. A drill ship is a particular type of mobile offshore drilling unit (MODU) that is composed of a ship with a drilling rig on its top deck. These ships can go right to the drill site.

Deepwater exploration and drilling have shown a remarkable increase over the past few years. This is due in part to the development of new technologies which have reduced operational costs and risks, as well as the finding of reservoirs that will produce high production wells. Factors like growing oil demand due to rising population rates, increasing E&P expenditures, and improving worldwide economic conditions are boosting the growth in drillship market.

Despite the existence of various growth drivers, there are certain challenges faced by the industry including environmental concerns, offshore accidents, and depletion of oil reserves which can potentially hinder the growth of the industry. The year 2013 witnessed slowdown in orders for drillships due to the uncertain outlook for oil prices and inventory of unchartered vessels from previous orders.

The report, Global Drillship Market analyzes the development of the respective market, with a focus on regions including the Brazil, West Africa and the US GOM as these areas has long been considered part of the Golden Triangle' for deepwater drilling.

Key Topics Covered:

1. Market Overview

2. Market Size

3. Market Dynamics

4. Competitive Landscape

5. Company Profiles

6. Market Outlook

Companies Mentioned:

  • DSME
  • Hyundai Heavy Industries
  • Samsung Heavy

For more information visit http://www.researchandmarkets.com/research/f8tcm9/global_drillship

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, Exploration and Production, Oilfield Equipment and Services

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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, Exploration and Production, Oilfield Equipment and Services