Coiled tubes are made up of very low-alloy carbon-steel and is needed in oil & gas industry during the phase of completion and oil recovery. With a large number of oil fields maturing, global production of oil volumes has decreased, companies in the exploration process need high-performing products. With growing investments in the energy sector, coiled tubing has large application in project related to shale gas development.
Increasing oil & gas exploration and production activities, maturing oil fields and geo-political factors are key factors responsible for the growth of the European coiled tubing market. Decrease in crude oil prices, strict government policies & environmental regulations, and intense market competition may hamper the growth of the Europe coiled tubing market. The European coiled tubing market is expected to gain traction across Russia.
The market is segmented on the basis of types, application and geography. On the basis of types, the market is segmented into well intervention, drilling, and others. Based on the application, the market is segmented into onshore & offshore. On the basis of country, the market is segmented into Russia, U.K. and others.
Key players operating in this market are Schlumberger Ltd., Halliburton Company, Coiled Tubing Fleet, Company Financials, Company Developments, MMM Analysis, Baker Hughes Inc., Weatherford International Ltd., Calfrac Well Services, Trican Well Service Ltd. and AKER Solutions ASA.
KEY BENEFITS FOR STAKEHOLDERS:
- The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of the market in Europe.
- The report offers an overview of changing market dynamics in terms of fast turn-around analysis of stakeholders responses to recent industry policy changes and market trends.
- The report offers an insight into competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
- This report entails the detailed quantitative analysis of the current market and estimations through 2014 and 2020, which assists in identifying the prevailing market opportunities.
- Comprehensive coverage of product approvals, pipeline products, and product recalls.
- The report offers strategic analysis of financial status of key market players, and highlights market share of key vendors.
- The report offers information on the status of new projects along with offering investment feasibility analysis of the same.
- Tools such as Porters Five Forces model help in understanding the potentiality of key buyers and sellers.
COILED TUBING MARKET KEY SEGMENTS:
Market - By Service
- Well Intervention
Market - By Application
Market - By Country
Key Company Profile
- Schlumberger Ltd.
- Halliburton Company
- Coiled Tubing Fleet
- Company Financials
- Company Developments
- MMM Analysis
- Baker Hughes Inc.
- Weatherford International Ltd.
- Calfrac Well Services
- Trican Well Service Ltd.
- AKER Solutions ASA.