DUBLIN, May 07, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/77zzx3/middle_east) has announced the addition of the "Middle East Oilfield Equipment Rental Market by Drilling Equipment, by Pressure & Flow Control Equipment, Fishing Equipment, by Other Rental Oilfield Equipment, & by Country - Regional Trends & Forecasts to 2019" report to their offering.
The Middle East oilfield equipment rental market constitutes 6% of the global oilfield equipment rental market, and is expected to grow at a CAGR of 4.1% from 2014 to 2019. Geographically, the market is further segmented into Iraq, Saudi Arabia, Iran, and others. Iraq held the largest market share of 31.4% of the Middle East oilfield equipment rental market in 2014. Iraq was followed by Saudi Arabia and Iran with market shares of 24.1% and 11.4% respectively. The Middle East oilfield equipment rental market holds a high potential for growth in future. The major factors driving this market include increased drilling activity, increasing investments in E&P, and technological advancements in oilfield equipment.
In this report, the Middle East oilfield equipment rental market is segmented on the basis of types of equipment. The segmentation by type includes drilling equipment (drill pipe, drill collars, hevi-wate, subs, other drilling equipment), pressure & flow control equipment (BOP, valves & manifolds, and other P&FC rental Equipment), fishing equipment, and other rental oilfield equipment. In 2014, drill pipe segment accounted for a market share of 56% of the total Middle East Oilfield equipment rental market by drilling equipment.
The report includes profile of the leading market players along with their recent developments. New contracts and agreements, mergers and acquisitions, business expansions and other such developments have been the key strategies adopted by the players to expand their business in the Middle East region.
The top players covered in this report are Weatherford International Ltd. (Ireland), Oil States International (U.S.), Superior Energy Services Inc. (U.S.), and Schlumberger (U.S.).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Market Overview
5 Middle East Oilfield Equipment Rental Market, By Application
6 Middle East Oilfield Equipment Rental Market, By Type
7 Middle East Oilfield Equipment Rental Market, By Country
8 Middle East Oilfield Equipment Rental Market: Competitive Landscape
9 Middle East Oilfield Equipment Rental Market: By Company
- FMC Technologies, Inc.
- Key Energy Services, Inc.
- Oil States International, Inc.
- Schlumberger Ltd.
- Superior Energy Services, Inc.
- Weatherford International Plc
For more information visit http://www.researchandmarkets.com/research/77zzx3/middle_east
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SOURCE Research and Markets