DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/k7ft9v/middle_east_well) has announced the addition of the "Middle East Well Intervention Market Forecast To 2018, Analysis By Region, Well Intervention Types, Competitive Landscape, Deal Analysis" report to their offering.
Middle East well intervention market to reach $2.4 billion by 2018, up from $1.37 billion in 2013, with a CAGR of 11.9%.
The Middle East, with 80.3 trillion cu/m, is home to 43.2 per cent of the total natural gas deposit in the world. The proven natural gas reserves by the end of 2013 stood at 185.7 trillion cu/m, 0.2 per cent higher than the previous year. The International Energy Agency (IEA) has, however, stated that the demand for natural gas will exceed its production from Middle East countries by the year 2019. Estimates also indicate that gas production will increase from 582bn cu/m in 2013 to only around 658bn cu/m through the end of this decade.
The oil and gas companies in the region are increasingly looking for local content. However, typical issues such as lack of governance, uncoordinated strategies, and lack of qualified strategies are pulling the market back.
Key Topics Covered:
2 Report Guidance & Description
3 Overview and Well Intervention Scenario
4 Market Overview
5 Offshore Production & Reserves
6 Onshore Production & Reserves
7 Drivers & Constraints
8 Cases of Loss of Well Integrity
9 Middle East Well Intervention Demand
10 Company Profiles
11 Well Intervention Supply
12 Intervention Vessel Work Scopes
13 Financial Deals Landscape
14 Recent Developments
- Aker Solutions Asa
- Archer - The Well Company
- Baker Hughes Inc.
- Cudd Energy Services
- FMC Technologies Inc.
- Haliburton Co
- Helix Energy Solutions Group Co
- Weatherford International Ltd
- Welltec International Aps
For more information visit http://www.researchandmarkets.com/research/k7ft9v/middle_east_well