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Offshore Drilling Market 2024-2028

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    Report

  • 175 Pages
  • March 2024
  • Region: Global
  • TechNavio
  • ID: 5139293
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The offshore drilling market is forecasted to grow by USD 8.18 bn during 2023-2028, accelerating at a CAGR of 4.42% during the forecast period. The report on the offshore drilling market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth in demand for oil and natural gas, rise in deepwater and ultra-deepwater e and p activities, and rise in unconventional oil and gas resources.

The offshore drilling market is segmented as below:

By Application

  • Shallow water
  • Deepwater
  • Ultra deepwater

By Type

  • Jack up rigs
  • Semisubmersibles
  • Drill ships
  • Others

By Geographical Landscape

  • North America
  • Middle East and Africa
  • Europe
  • APAC
  • South America
This study identifies the declining costs of offshore projects as one of the prime reasons driving the offshore drilling market growth during the next few years. Also, the emergence of next-generation automated drilling rigs and increasing demand for offshore gas will lead to sizable demand in the market.

The report on the offshore drilling market covers the following areas:

  • Offshore drilling market sizing
  • Offshore drilling market forecast
  • Offshore drilling market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading offshore drilling market vendors that include AP Moller Maersk AS, Archer Ltd., Baker Hughes Co., China National Offshore Oil Corp., Eni SpA, Halliburton Co., Hercules Offshore Inc., KCA Deutag Alpha Ltd., Loews Corp., Nabors Industries Ltd., Noble Corp. Plc, Pacific Drilling Co., Parker Drilling Co., Saudi Arabian Oil Co., Schlumberger Ltd., Seadrill Ltd., Sembcorp Marine Ltd., Transocean Ltd., Valaris Ltd., and Weatherford International Plc. Also, the offshore drilling market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global offshore drilling market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global offshore drilling market 2018 - 2022 ($ billion)
4.2 Application Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
6.1 Market segments
Exhibit 30: Chart on Application - Market share 2023-2028 (%)
Exhibit 31: Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Shallow water - Market size and forecast 2023-2028
Exhibit 34: Chart on Shallow water - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Shallow water - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Shallow water - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Shallow water - Year-over-year growth 2023-2028 (%)
6.4 Deepwater - Market size and forecast 2023-2028
Exhibit 38: Chart on Deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Deepwater - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Deepwater - Year-over-year growth 2023-2028 (%)
6.5 Ultra deepwater - Market size and forecast 2023-2028
Exhibit 42: Chart on Ultra deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Ultra deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Ultra deepwater - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Ultra deepwater - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Application
Exhibit 46: Market opportunity by Application ($ billion)
Exhibit 47: Data Table on Market opportunity by Application ($ billion)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 48: Chart on Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 50: Chart on Comparison by Type
Exhibit 51: Data Table on Comparison by Type
7.3 Jack up rigs - Market size and forecast 2023-2028
Exhibit 52: Chart on Jack up rigs - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Jack up rigs - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Jack up rigs - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Jack up rigs - Year-over-year growth 2023-2028 (%)
7.4 Semisubmersibles - Market size and forecast 2023-2028
Exhibit 56: Chart on Semisubmersibles - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Semisubmersibles - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Semisubmersibles - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Semisubmersibles - Year-over-year growth 2023-2028 (%)
7.5 Drill ships - Market size and forecast 2023-2028
Exhibit 60: Chart on Drill ships - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Drill ships - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Drill ships - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Drill ships - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
Exhibit 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Type
Exhibit 68: Market opportunity by Type ($ billion)
Exhibit 69: Data Table on Market opportunity by Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 APAC - Market size and forecast 2023-2028
Exhibit 87: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Saudi Arabia - Market size and forecast 2023-2028
Exhibit 99: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
9.10 Russia - Market size and forecast 2023-2028
Exhibit 103: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Russia - Year-over-year growth 2023-2028 (%)
9.11 China - Market size and forecast 2023-2028
Exhibit 107: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on China - Year-over-year growth 2023-2028 (%)
9.12 United Arab Emirates - Market size and forecast 2023-2028
Exhibit 111: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ billion)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 Archer Ltd.
Exhibit 123: Archer Ltd. - Overview
Exhibit 124: Archer Ltd. - Business segments
Exhibit 125: Archer Ltd. - Key offerings
Exhibit 126: Archer Ltd. - Segment focus
12.4 Baker Hughes Co.
Exhibit 127: Baker Hughes Co. - Overview
Exhibit 128: Baker Hughes Co. - Business segments
Exhibit 129: Baker Hughes Co. - Key news
Exhibit 130: Baker Hughes Co. - Key offerings
Exhibit 131: Baker Hughes Co. - Segment focus
12.5 China National Offshore Oil Corp.
Exhibit 132: China National Offshore Oil Corp. - Overview
Exhibit 133: China National Offshore Oil Corp. - Business segments
Exhibit 134: China National Offshore Oil Corp. - Key offerings
Exhibit 135: China National Offshore Oil Corp. - Segment focus
12.6 Eni SpA
Exhibit 136: Eni SpA - Overview
Exhibit 137: Eni SpA - Business segments
Exhibit 138: Eni SpA - Key offerings
Exhibit 139: Eni SpA - Segment focus
12.7 Halliburton Co.
Exhibit 140: Halliburton Co. - Overview
Exhibit 141: Halliburton Co. - Business segments
Exhibit 142: Halliburton Co. - Key news
Exhibit 143: Halliburton Co. - Key offerings
Exhibit 144: Halliburton Co. - Segment focus
12.8 Hercules Offshore Inc.
Exhibit 145: Hercules Offshore Inc. - Overview
Exhibit 146: Hercules Offshore Inc. - Product/Service
Exhibit 147: Hercules Offshore Inc. - Key offerings
12.9 Nabors Industries Ltd.
Exhibit 148: Nabors Industries Ltd. - Overview
Exhibit 149: Nabors Industries Ltd. - Business segments
Exhibit 150: Nabors Industries Ltd. - Key news
Exhibit 151: Nabors Industries Ltd. - Key offerings
Exhibit 152: Nabors Industries Ltd. - Segment focus
12.10 Noble Corp. Plc
Exhibit 153: Noble Corp. Plc - Overview
Exhibit 154: Noble Corp. Plc - Business segments
Exhibit 155: Noble Corp. Plc - Key news
Exhibit 156: Noble Corp. Plc - Key offerings
Exhibit 157: Noble Corp. Plc - Segment focus
12.11 Pacific Drilling Co.
Exhibit 158: Pacific Drilling Co. - Overview
Exhibit 159: Pacific Drilling Co. - Product/Service
Exhibit 160: Pacific Drilling Co. - Key offerings
12.12 Parker Drilling Co.
Exhibit 161: Parker Drilling Co. - Overview
Exhibit 162: Parker Drilling Co. - Product/Service
Exhibit 163: Parker Drilling Co. - Key offerings
12.13 Saudi Arabian Oil Co.
Exhibit 164: Saudi Arabian Oil Co. - Overview
Exhibit 165: Saudi Arabian Oil Co. - Product/Service
Exhibit 166: Saudi Arabian Oil Co. - Key offerings
12.14 Seadrill Ltd.
Exhibit 167: Seadrill Ltd. - Overview
Exhibit 168: Seadrill Ltd. - Business segments
Exhibit 169: Seadrill Ltd. - Key offerings
Exhibit 170: Seadrill Ltd. - Segment focus
12.15 Transocean Ltd.
Exhibit 171: Transocean Ltd. - Overview
Exhibit 172: Transocean Ltd. - Product/Service
Exhibit 173: Transocean Ltd. - Key offerings
12.16 Valaris Ltd.
Exhibit 174: Valaris Ltd. - Overview
Exhibit 175: Valaris Ltd. - Business segments
Exhibit 176: Valaris Ltd. - Key offerings
Exhibit 177: Valaris Ltd. - Segment focus
12.17 Weatherford International Plc
Exhibit 178: Weatherford International Plc - Overview
Exhibit 179: Weatherford International Plc - Business segments
Exhibit 180: Weatherford International Plc - Key news
Exhibit 181: Weatherford International Plc - Key offerings
Exhibit 182: Weatherford International Plc - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 183: Inclusions checklist
Exhibit 184: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 185: Currency conversion rates for US$
13.4 Research methodology
Exhibit 186: Research methodology
Exhibit 187: Validation techniques employed for market sizing
Exhibit 188: Information sources
13.5 List of abbreviations
Exhibit 189: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Market Segmentation by Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global offshore drilling market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Application Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Application - Market share 2023-2028 (%)
Exhibits 31: Data Table on Application - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Application
Exhibits 33: Data Table on Comparison by Application
Exhibits 34: Chart on Shallow water - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Shallow water - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Shallow water - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Shallow water - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Deepwater - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Deepwater - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Ultra deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibits 43: Data Table on Ultra deepwater - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Chart on Ultra deepwater - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Ultra deepwater - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Application ($ billion)
Exhibits 47: Data Table on Market opportunity by Application ($ billion)
Exhibits 48: Chart on Type - Market share 2023-2028 (%)
Exhibits 49: Data Table on Type - Market share 2023-2028 (%)
Exhibits 50: Chart on Comparison by Type
Exhibits 51: Data Table on Comparison by Type
Exhibits 52: Chart on Jack up rigs - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on Jack up rigs - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on Jack up rigs - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Jack up rigs - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on Semisubmersibles - Market size and forecast 2023-2028 ($ billion)
Exhibits 57: Data Table on Semisubmersibles - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Chart on Semisubmersibles - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Semisubmersibles - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Drill ships - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Data Table on Drill ships - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Chart on Drill ships - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Drill ships - Year-over-year growth 2023-2028 (%)
Exhibits 64: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 65: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibits 66: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 67: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 68: Market opportunity by Type ($ billion)
Exhibits 69: Data Table on Market opportunity by Type ($ billion)
Exhibits 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 73: Chart on Geographic comparison
Exhibits 74: Data Table on Geographic comparison
Exhibits 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on Saudi Arabia - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on Saudi Arabia - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Data Table on Russia - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 108: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 109: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 111: Chart on United Arab Emirates - Market size and forecast 2023-2028 ($ billion)
Exhibits 112: Data Table on United Arab Emirates - Market size and forecast 2023-2028 ($ billion)
Exhibits 113: Chart on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits 114: Data Table on United Arab Emirates - Year-over-year growth 2023-2028 (%)
Exhibits 115: Market opportunity By Geographical Landscape ($ billion)
Exhibits 116: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 117: Impact of drivers and challenges in 2023 and 2028
Exhibits 118: Overview on Criticality of inputs and Factors of differentiation
Exhibits 119: Overview on factors of disruption
Exhibits 120: Impact of key risks on business
Exhibits 121: Vendors covered
Exhibits 122: Matrix on vendor position and classification
Exhibits 123: Archer Ltd. - Overview
Exhibits 124: Archer Ltd. - Business segments
Exhibits 125: Archer Ltd. - Key offerings
Exhibits 126: Archer Ltd. - Segment focus
Exhibits 127: Baker Hughes Co. - Overview
Exhibits 128: Baker Hughes Co. - Business segments
Exhibits 129: Baker Hughes Co. - Key news
Exhibits 130: Baker Hughes Co. - Key offerings
Exhibits 131: Baker Hughes Co. - Segment focus
Exhibits 132: China National Offshore Oil Corp. - Overview
Exhibits 133: China National Offshore Oil Corp. - Business segments
Exhibits 134: China National Offshore Oil Corp. - Key offerings
Exhibits 135: China National Offshore Oil Corp. - Segment focus
Exhibits 136: Eni SpA - Overview
Exhibits 137: Eni SpA - Business segments
Exhibits 138: Eni SpA - Key offerings
Exhibits 139: Eni SpA - Segment focus
Exhibits 140: Halliburton Co. - Overview
Exhibits 141: Halliburton Co. - Business segments
Exhibits 142: Halliburton Co. - Key news
Exhibits 143: Halliburton Co. - Key offerings
Exhibits 144: Halliburton Co. - Segment focus
Exhibits 145: Hercules Offshore Inc. - Overview
Exhibits 146: Hercules Offshore Inc. - Product/Service
Exhibits 147: Hercules Offshore Inc. - Key offerings
Exhibits 148: Nabors Industries Ltd. - Overview
Exhibits 149: Nabors Industries Ltd. - Business segments
Exhibits 150: Nabors Industries Ltd. - Key news
Exhibits 151: Nabors Industries Ltd. - Key offerings
Exhibits 152: Nabors Industries Ltd. - Segment focus
Exhibits 153: Noble Corp. Plc - Overview
Exhibits 154: Noble Corp. Plc - Business segments
Exhibits 155: Noble Corp. Plc - Key news
Exhibits 156: Noble Corp. Plc - Key offerings
Exhibits 157: Noble Corp. Plc - Segment focus
Exhibits 158: Pacific Drilling Co. - Overview
Exhibits 159: Pacific Drilling Co. - Product/Service
Exhibits 160: Pacific Drilling Co. - Key offerings
Exhibits 161: Parker Drilling Co. - Overview
Exhibits 162: Parker Drilling Co. - Product/Service
Exhibits 163: Parker Drilling Co. - Key offerings
Exhibits 164: Saudi Arabian Oil Co. - Overview
Exhibits 165: Saudi Arabian Oil Co. - Product/Service
Exhibits 166: Saudi Arabian Oil Co. - Key offerings
Exhibits 167: Seadrill Ltd. - Overview
Exhibits 168: Seadrill Ltd. - Business segments
Exhibits 169: Seadrill Ltd. - Key offerings
Exhibits 170: Seadrill Ltd. - Segment focus
Exhibits 171: Transocean Ltd. - Overview
Exhibits 172: Transocean Ltd. - Product/Service
Exhibits 173: Transocean Ltd. - Key offerings
Exhibits 174: Valaris Ltd. - Overview
Exhibits 175: Valaris Ltd. - Business segments
Exhibits 176: Valaris Ltd. - Key offerings
Exhibits 177: Valaris Ltd. - Segment focus
Exhibits 178: Weatherford International Plc - Overview
Exhibits 179: Weatherford International Plc - Business segments
Exhibits 180: Weatherford International Plc - Key news
Exhibits 181: Weatherford International Plc - Key offerings
Exhibits 182: Weatherford International Plc - Segment focus
Exhibits 183: Inclusions checklist
Exhibits 184: Exclusions checklist
Exhibits 185: Currency conversion rates for US$
Exhibits 186: Research methodology
Exhibits 187: Validation techniques employed for market sizing
Exhibits 188: Information sources
Exhibits 189: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global offshore drilling market: AP Moller Maersk AS, Archer Ltd., Baker Hughes Co., China National Offshore Oil Corp., Eni SpA, Halliburton Co., Hercules Offshore Inc., KCA Deutag Alpha Ltd., Loews Corp., Nabors Industries Ltd., Noble Corp. Plc, Pacific Drilling Co., Parker Drilling Co., Saudi Arabian Oil Co., Schlumberger Ltd., Seadrill Ltd., Sembcorp Marine Ltd., Transocean Ltd., Valaris Ltd., and Weatherford International Plc.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is declining costs of offshore projects.'

According to the report, one of the major drivers for this market is the growth in demand for oil and natural gas.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • AP Moller Maersk AS
  • Archer Ltd.
  • Baker Hughes Co.
  • China National Offshore Oil Corp.
  • Eni SpA
  • Halliburton Co.
  • Hercules Offshore Inc.
  • KCA Deutag Alpha Ltd.
  • Loews Corp.
  • Nabors Industries Ltd.
  • Noble Corp. Plc
  • Pacific Drilling Co.
  • Parker Drilling Co.
  • Saudi Arabian Oil Co.
  • Schlumberger Ltd.
  • Seadrill Ltd.
  • Sembcorp Marine Ltd.
  • Transocean Ltd.
  • Valaris Ltd.
  • Weatherford International Plc