Brazil Leads in Planned Projects Count - Offshore Industry 2018

Global Offshore Industry 2018 - Brazil Leads in Planned Projects Count

Q2 2018 Production and Capital Expenditure Outlook for Key Planned and Announced Upstream Projects in Global Offshore Industry - Brazil Leads in Planned Projects Count

Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and inland seas.

JSBmarketresearch   analysts forecast that Globally more than 370 key planned and announced offshore crude and natural gas projects are expected to start operations during 2018 to 2025. They are expected to contribute around 8.1 mmbd to global crude production and 47 bcfd to global gas production in 2025. More than US$560 billion is expected to be spent between 2018 and 2025 to bring the planned and announced projects online. Among countries, the highest offshore capex on new build projects is in Brazil, followed by Mozambique and the US. Among companies, Royal Dutch Shell plc, has the highest capex, followed by Petroleo Brasileiro S.A., and Exxon Mobil.

Basics of  Offshore Industry?

Offshore drilling presents environmental challenges, both from the produced hydrocarbons and the materials used during the drilling operation. Controversies include the ongoing U.S. offshore drilling debate.

There are many different types of facilities from which offshore drilling operations take place. These include bottom founded drilling rigs (jackup barges and swamp barges), combined drilling and production facilities either bottom founded or floating platforms, and deepwater mobile offshore drilling units (MODU) including semi-submersibles and drillships. These are capable of operating in water depths up to 3,000 metres (9,800 ft). In shallower waters the mobile units are anchored to the seabed, however in deeper water (more than 1,500 metres (4,900 ft) the semisubmersibles or drillships are maintained at the required drilling location using dynamic positioning.

The information for each competitor includes:

Company Profile

Main Business Information

SWOT Analysis

Sales, Revenue, Price and Gross Margin

Market Share

Market trend

Advent of advanced technologies

For a full, detailed list, view our report

View Full Report:   Global Offshore(oil and gas) Industry 2018 - Brazil  

Why You Should Buy This Report?

Understand oil and gas production outlook from key planned and announced fields in the global offshore industry

Keep abreast of key planned and announced production projects in the industry

Facilitate decision making on the basis of strong global offshore oil and gas production forecast

Develop business strategies with the help of specific insights on global offshore production and capex outlook

Assess your competitors planned offshore oil and gas production projects.

We also can offer customized report to fulfill special requirements of our clients.

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