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01 Feb 2018  |  Global  |  Market Research

Impact of Low Oil Price on Oilfield Equipment and Service Market, 2017

The Oilfield Service and Equipment Market Experienced a Double-dip Negative Growth in 2015 and 2016, but is Expected to Rebound with the Recovery of Oil Prices

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The global oilfield services and equipment market is still recovering from the 2015 oil price crash, as oil companies are still trying to consolidate their position by reevaluating their capital expenditure. The oilfield services and equipment market has four main segments - drilling, completion, capital equipment, and production. While some segmen...

The global oilfield services industry is currently undergoing rapid technological innovation with increasing popularity of unconventional oil & gas resources. It witnessed fluctuating growth in 20092011 and is expected to stabilise during the forecast period, 20132017. This research service deals with the global dynamics of the services provided ...

Refinery maintenance is often overlooked due to high costs, shutdown time and the resultant loss of production. The growing global demand of processed fuels has increased the significance of refinery maintenance unprecedentedly. This research service deals with the steadily growing turnaround maintenance market in refineries. The study analyses the...

The recent decline in oil prices has put the brakes on a few technology investments; however, it has also created a need for greater efficiency in the oil and gas sector. Most oil and gas companies are operating assets in challenging conditions across multiple regions. Ensuring operational efficiency through the greater use of technology is therefo...

The oil and gas industry has seen by many as major source of pollution in the world. Chemicals such as carbon dioxide and methane have been released to the atmosphere. The cumulative volume of both gasses, along with other harmful substances are massive. Decades of harmful emission has led to serious consequence, particularly on the deteriorating a...

The global refining market is characterised by a high demand for petrochemicals and fuels for automobiles, which will keep the market growing for the next decade. Expanding population, increasing affordability, higher automobile penetration, lower oil prices, and increasing investments by companies in the developing regions of the world will aid in...

Hot melt adhesives (HMAs) are a major component in packaging, nonwovens, furniture, automotive, construction, bookbinding, and other applications. HMAs have multiple advantages over other adhesive formulations, such as faster drying and setting, cost-effectiveness, and low volatile organic compound (VOC) emissions. Because HMAs have longer shelf li...

Blockchain is predicted to disrupt majority, if not all, of industries in the medium term. At the moment, the development of blockchain technology is already gaining momentum and it is already advancing in number of industries, oil and gas included. The core technology that blockchain can provide, which is distributed ledger, is seen as medium to i...

As decarbonization strategies gather pace across industries, emissions management is emerging as a key growth opportunity. Frost & Sullivan has identified a complex and dynamic value chain and set of process steps where opportunities abound: Planning and advisory; measuring and monitoring; mitigation; removal; reporting; and offsetting. Digital pla...