DUBLIN--(BUSINESS WIRE)--The "Oil and Gas Upstream Activities Market Global Briefing 2018" report has been added to ResearchAndMarkets.com's offering.
Oil and gas upstream activities market in this report is segmented into crude oil & natural gas, oil and gas wells drilling services, and oil and gas supporting activities.
Self-Assembling Rigs - Companies involved in providing support activities for oil and gas operations are offering self-assembling rigs to reduce operating costs and save time. Self-assembling rigs are automated rigs that can walk at up to 30 feet per hour, rotate 360 degrees, and can be operated with a remote control. Conventional oilfield drilling rigs require a crane to assemble them in pieces and thus consume more time. Self-assembling rigs ship in lower amount of loads, can assemble automatically, and move faster compared to conventional rigs. Self-assembling rigs are supported by control room with touchscreen and joysticks, and 200 sensors to monitor pneumatics, oil flow, and other processes. Major companies offering self-assembling rigs include Dragon Drilling Co., Stewart & Stevenson and Atlas Copco.
Asia Pacific was the largest region in the oil & gas upstream activities market in 2017, accounting for around 32% market share. This was mainly due to high demand and consumption of energy from world's economic growth engines China and India. North America was the second largest region accounting for around 23% market share. Africa was the smallest region accounting for around 4% market share.
- Time Series: Five years historic (2013-17) and forecast (2017-21).
- Data: Market value in $ billions.
- Data Segmentations: Regional breakdowns, market share of competitors, key sub segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Saudi Aramco
- Kuwait Petroleum Corp.
- Rosneft OAO
- Iraq Ministry of Oil
- National Iranian Oil Company
- Exxon Mobil Corp.
- Statoil ASA
- Royal Dutch Shell PLC
- BP Plc
- Chevron Corp
For more information about this report visit https://www.researchandmarkets.com/research/p83nm9/global_oil_and?w=4