World Drillship Market Discussed by Koncept Analytics in New Report Published at MarketPublishers.com30 Jul 2014 • by Natalie Aster
LONDON – During the past several years, a remarkable increase in deepwater exploration and drilling activities was registered. This is predominantly owing to the ongoing developments of novel technologies (which allow to considerably reduce operational risks and costs) as well as introduction of reservoirs that gives possibility to produce high production wells. However, in 2013 orders for drillships declined given the uncertain outlook for global oil prices along with inventory of unchartered vessels from previous orders.
The growth in the global drillship market is boosted by the increasing oil demand, rising E&P expenditures coupled with the improving economic conditions across the world. Nevertheless, a range of challenges that can potentially hinder the market growth also exists; it includes growing environmental concerns, depletion of oil reserves and offshore accidents, among others.
The lion’s share of the market is held by three Korea’s shipbuilders, namely Hyundai Heavy, Samsung Heavy and DSME. These companies take leadership in the world offshore platform segment, particularly drillships, due to their competitive advantages such as high technological capabilities, well infrastructure and track record with international oil companies.
New cutting-edge research report “Global Drillship Market Report: 2014 Edition” worked out by Koncept Analytics throws light on the present scenario in the worldwide drillship market.
The report offers a detailed analysis of the world market for drillships with a particular focus on such geographies as West Africa, Brazil and the US GOM and also gives access to important industry performance statistics both historical and present. The topical study presents a comprehensive coverage of the trends prevailing in the global drillship market, gives through discussions of the hottest industry issues and concerns, highlights the key factors restraining and driving the market growth. Moreover, the report features the competitive landscape and provides market forecasts.
Global Drillship Market Report: 2014 Edition
Published: July, 2014
Price: US$ 800.00
Other New Research Reports by Koncept Analytics Include:
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More new research reports by the publisher can be found at Koncept Analytics page.