DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "India Oil Field Equipment - Growth Trends and Forecasts (2015-2020)" report to their offering.
India is the fourth-largest consumer of oil and petroleum products in the world. The governments supportive foreign domestic investment (FDI) policies and promotion of investments have helped the sector grow. The Centre has introduced policies such as Coal Bed Methane (CBM) and New Exploration Licensing Policy (NELP). Backed by this support, the sector garnered FDI worth US$ 5.4 billion during the period April 2000September 2013. Indian oil field equipment rental market is expected grow rapidly in the coming years as a result of these government initiatives.
Global oil field rental services market is now finding its feet as a fastest growing market, given the ever increasing energy demand, increasing shale activity and offshore exploration activities. As in case with the other oil and gas industry segments, North America leads the oil field rentals market too, given the huge drilling activity in the region. As a result most of the companies operate in this region. In the past few years, sensing potential market growth in some regions such as Asia-Pacific and Africa, operators started widening their operations to these countries. The market is expected to grow, as the number of wells being drilled is increasing as a result of increased search activities for coal seam gas and shale gas and lucrative oil and gas prices.
Key Topics Covered:
2 Executive Summary
3 Global Oil and Gas Market Scenario
4 Drivers, Constraints and Opportunities
5 India Oil Field Equipment Rental Market Analysis by Type
6 India Oil Field Equipment Rental Market Analysis
8 Competitive Landscape
9 Key Company Analysis
For more information about this report visit http://www.researchandmarkets.com/research/9zk7wv/india_oil_field