World Offshore Operations & Maintenance Market Report

World Offshore Operations & Maintenance Market Report
Provides a detailed expenditure outlook within the offshore operations sector.
Single User Price: $6,101.00
*** This particular item is not a direct download, it will be sent within 1 business day.***

Summary

In 2013, demand for offshore maintenance, modifications and operations services totalled $112 billion (bn) for the world’s nearly nine thousand offshore platforms. Over the period 2014 to 2018 spend of $672bn is forecast; a 31% growth on the previous five-year period. This growth is driven by a combination of high oil prices, buoyant offshore development activity, ageing infrastructure (requiring modification) and price inflation for equipment and services.

Asia is forecast to overtake North America’s spend during the forecast period 2014-2018 to account for 30%, compared to North America’s 27%. Asia’s large installed and operational base of infrastructure, combined with increasing offshore developments, will drive demand in the region.

Asset services, asset integrity and support service markets are to be dominated by North America, whilst Asia has the largest modification spend over the forecast period. By sector, asset services accounts for the largest share of spend (46%), followed closely by modifications (41%).

Scope

The report covers a wide range of market segments including;

  • Platform drilling
  • Asset integrity
  • Well stimulation
  • Produced water management
  • Production logging
  • Hotel services
  • Logistics
  • Subsea inspection, repair & maintenance of pipelines and production related equipment
  • Reasons to Buy

  • Provides essential information for decision-makers in oil companies and in the contracting and supply industries, government departments and financial institutions.
  • Date Published

    Published 2014.

    For a more detailed Table of Contents or more information email www.orcinfo@pennwell.com