Middle East
& Africa oil & gas SURF market was valued at $ 1.60 billion in 2016,
and is projected to grow at a CAGR of over 13%, in value terms, to reach $ 2.96
billion by 2021. Middle East and Africa is home to a number of oil & gas
producing countries and economies of these countries majorly depend on export
revenues derived from trade of hydrocarbons. In order to increase share of
Middle East & Africa in global oil & gas trade, national oil companies
and major global oil companies operating in MEA are shifting their focus towards
offshore exploration in deep and ultra-deepwaters, in order to maintain their
share of hydrocarbon output. Large offshore fields have also been discovered in
some countries in Africa, which are still in developing phase and are expected
to largely contribute to oil & gas SURF market in the region during the
forecast period.
Years considered for this report:
Historical
Years: 2011-2014
Base Year: 2015
Estimated Year:
2016
Forecast Period:
2016–2021
Objective of the
Study:
- The primary objective of
the study was to understand and gain insights about the Middle East &
Africa oil & gas SURF market and their segmental analysis by component
and by application, country share and forecast its market by 2021.
- To categorize and
forecast Middle East & Africa oil & gas SURF market, on the basis
of by component, by application and by country.
- To estimate, calculate and
forecast market size for Middle East & Africa oil & gas SURF
market, in terms of value.
- To strategically profile
the leading SURF equipment manufacturers, distributors and resellers in
the market which cater to the Middle East & Africa SURF market.
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Few of the
leading players in Middle East & Africa oil & gas SURF market includes
Technip, Subsea 7 SA, Aker Solutions ASA, Nexans SA, Saipem SpA, Prysmian
S.p.A., VALLOUREC, ABB Ltd, Kongsberg Gruppen, Siemens AG, Airborne Oil &
Gas B.V.
TechSci
Research carried out Middle East & Africa oil & gas SURF market study
by considering various aspects of Middle East & Africa oil & gas SURF market.
In the beginning of Middle East & Africa oil & gas SURF market study, a
brief study was conducted to understand each aspect of market outlook such as
drivers, challenges, market trends and various other major factors affecting
the market. Moreover, an in-depth analysis was conducted to understand Middle
East & Africa oil & gas SURF market scenario and to gauge the
competitive scenario. Afterwards, a detailed scrutiny of by component, by application,
and by country, for Middle East & Africa oil & gas SURF market was
conducted. In order to extract data for Middle East & Africa oil & gas SURF
market, primary research surveys were conducted with key opinion leaders, SURF
equipment manufacturers, their raw material suppliers, resellers and channel
partners, EPC contractors and sub-contractors to understand
historical and present trends.
Considering
the assumptions, TechSci research dedicated team of industry experts has
comprehensively monitored and analyzed various aspects of Middle East &
Africa oil & gas SURF market. TechSci research team has analyzed various
segments and speculated a positive future for Middle East & Africa oil
& gas SURF market and subsequent countries. Moreover, various secondary sources were utilized for preparing this
report such as directories, company annual reports, financial reports, proprietary databases, among others.
Key Target Audience:
- Oil & gas SURF equipment manufacturers, their raw
material suppliers, resellers and channel partners, EPC contractors and
sub-contractors
- Customers (national oil companies, oil & gas multinationals)
- Research organizations and consulting companies
- Associations, organizations, forums and alliances
related to Subsea equipment
- Government bodies such as regulating authorities and
policy makers
The study is useful in providing answers to past,
current and future adoption of SURF equipment in Middle East & Africa oil & gas SURF market. This study
helps in analyzing specific country adoption trend of oil & gas SURF equipment which are
useful for industry stakeholders such as SURF equipment manufacturers, their
raw material suppliers, resellers and channel partners, EPC contractors and
sub-contractors, regulatory bodies, and customers (national oil companies, oil
& gas multinationals).
Report Scope:
In
this report, the Middle East & Africa oil & gas SURF market has been
segmented into the following categories in addition to the industry trends
which have also been detailed below:
- Market, By Component:
- Subsea umbilicals
- Risers
- Flowlines
- Market,
By Application:
- Deepwater
- Shallow
Water
- Ultra-Deepwater
- Market, By Country:
- Saudi Arabia
- Egypt
- Nigeria
- Angola
- Rest of Middle East
& Africa
Competitive Landscape
Competition Benchmarking: Benchmarking
of leading players on the basis of product portfolio.
Company Profiles: Detailed analysis of
the major companies operating in Middle East & Africa oil & gas SURF market.
Available Customizations:
With
the given market data, TechSci Research offers customizations according to company’s
specific needs. The following customization options are available for the
report:
Channel Partner Analysis
- Detailed list of
distributors and dealers across all major countries.
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
In
case of you can’t find what you are looking for then please get in touch with
our custom research team at [email protected]