Offshore Drilling Market is going to be worth $121.1 Billion By 2018. July 2014 | Page 2

The offshore drilling service market is on its growth path after the downturn of the 2010 oil spill
in the US Gulf of Mexico; the investments are made by the services as well as by operator
companies to scrutinize greater exposure for the crude. This market is highly competitive, and
hence secures long term contract agreements. Increasing the working fleet is a key strategy for
the offshore drilling service providers.
The offshore drilling services market is divided into two groups: contract drilling service
providers which are Transocean Ltd (Switzerland), Ensco plc (U.K.), Seadrill Ltd (Bermuda),
and oilfield services companies which mainly consist of Baker Hughes Inc. (U.S.), Schlumberger
(U.S.), Halliburton Energy Services (U.S.), and Weatherford (Switzerland).
The report forecasts revenue of the global offshore drilling services market, which includes
contract drilling services, as well as directional and logging while drilling services, and its
various submarkets with respect to main regions such as Asia-Pacific, Europe, Africa, the Middle
East, North America, and South America. Offshore drilling activities are also analyzed on the
basis of shallow, deep and ultra-deepwater activities.

The report segments the global offshore drilling services market by services type, application
areas, and geography. It also focuses on the market share analysis, value chain; Porters five force
analysis, and market metrics such as drivers, restraints, burning issues, winning imperative and
opportunities. This report also presents a competitive landscape and company profiles. In
addition, 19 key players in the market have also been profiled which include major companies
that provide contract drilling services and oil field services companies.