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2017 Forecast – Africa Well Intervention Services Market, Industry Size, Share, Analysis and Opportunities to 2023

Friday, March 17, 2017 4:37
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(Before It's News)

Latest industry research report on African Well Intervention Services Market. Well intervention involves various operations performed to improve performance and extend lifespan gas or oil well. Operations performed in well intervention process are deployment perforating guns, blowout recovery operations, and milling inside tubing. Furthermore, it provides quick access to subsea wells, restore deteriorating reservoir conditions, and pump chemicals at the bottom of a well. Well intervention plays a vital role in elimination of well blockages, running production strings, and replacement of parts is carried out to improve performance of the well.

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Demand for natural gas, crude oil & gas reserves and reinforcing existing reserves are propelling the growth of the market. However, high environmental risks and strict government regulations are factors obstructing the growth of the market. Increasing investment in shale gas create opportunities in the market.

The African well intervention services market is segmented based on service type, applications, and countries.

By Service Type

  • Logging & Bottom Hole Survey
  • Tubing/Packer Failure & Repair
  • Stimulation
  • Artificial Lift
  • Others

By Application

  • Onshore
  • Offshore

By Country

  • Nigeria
  • Algeria
  • Angola
  • Others

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KEY MARKET PLAYERS:

  • Weatherford International PLC
  • Schlumberger Ltd.
  • Baker Hughes Inc.
  • Halliburton Co.
  • Nabors Industries Limited
  • Archer Limited
  • FMC Technologies
  • Expro International Group Holdings Ltd.
  • Aker Solutions ASA

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