Oil and Gas field service companies offers services to various oil & gas explorations companies helping in various oil-related activities, such as extraction, drilling, exploration, completion, stimulation, intervention production and transportation among others, for fulfilling different purposes over the entire oil well exploration life cycle. The primary consumers comprises of oil and gas production and exploration companies which require drilling equipment and services whereas the secondary consumers are the companies which convert oil and gas into other forms of energy. Examples of secondary consumers include oil processing power plants, refineries, etc.

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Oil and Gas Field Services Market: Dynamics

The increasing demand for petrochemicals and energy coupled with growing investments in oil & gas exploration activities is expected to drive the Oil and Gas Field Services market during the forecast period. Repair and overhaul activities are also expected to fuel the demand of Oil and Gas Field Services in the forecast period.

Oil and Gas Field Services Market: Segmentation

Oil and Gas Field Services Market can be segmented on the basis of application into:

• Onshore
• Offshore

Oil and Gas Field Services Market can be segmented on the basis of services into:

• Drilling
• Production

Oil and Gas Field Services Market can be segmented on the basis of consumers into:

• Primary
• Secondary

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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Oil and Gas Field Services Market: Market Participants

Examples of some of the market participants identified across the value chain Oil and Gas Field Services market include:

• Halliburton Company
• Schlumberger Limited
• Baker Hughes Inc.
• Weatherford International
• National Oilwell Varco
• SaipemSpA,
• National Oilwell Varco
• Superior Energy Services, Inc. (U.S.)
• GE Oil & Gas (U.K.)