Global Oil & Gas Water Management Services Market 2018-2023: Driven by the Growing Upstream Oil & Gas Activity - ResearchAndMarkets.com
The "Global
Oil & Gas Water Management Services Market - Segmented by Location,
Service, and Geography - Growth, Trends, and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.
Growing Upstream Oil & Gas Activity - Drives the Market
Owing to the oil price crisis as of 2014-2016, the expenditure in the
upstream oil & gas industry dropped by about 60%. However, oil prices
stabilized during 2016-17, as a result of which the oil & gas production
activity experienced a substantial growth. The capital expenditure in
the upstream oil & gas industry was estimated to register a significant
growth rate of 25% during 2016-2017.
The growing upstream oil & gas activity is expected to drive the global
water management services market. Factors such as technological
advancements, stringent government regulations, and growing hydraulic
fracturing activity, is also expected to drive the global water
management services market in the oil & gas industry. The high cost
associated with water management services and lower for the longer oil
price scenario are expected to restrain the market growth.
Key Highlights
-
North America to Lead the Market During the Forecast Period
-
Growing Investments in Upstream and Downstream Sector in Saudi Arabia
Notable Development in the Market
-
January 2018: The US Interior Department announced that it will allow
drilling in nearly all US continental waters. This is the single
largest expansion of offshore oil & gas leasing by the federal
government in the history of the United States.
Key Topics Covered
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Value Chain Analysis
6. Industry Attractiveness: Porter's Five Forces Analysis
7. Global Oil & Gas Water Management Services Market Analysis, by
Geography
8. Global Oil & Gas Water Management Services Market Analysis, by
Services
9. Key Company Profiles
-
Halliburton
-
Baker Hughes (a GE Company)
-
Ovivo Inc.
-
Nuverra Environmental Solutions
-
Aquatech
-
Layne
-
Veolia Environment SA
-
Schlumberger Ltd.
-
Fountain Quail Energy Services
10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/qsdvjj/global_oil_and?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180820005230/en/
Copyright Business Wire 2018
Source: Business Wire
(August 20, 2018 - 6:39 AM EDT)
News by QuoteMedia
www.quotemedia.com