MENA Directional Drilling Market Research Report by Well Type, by Drilling Technique, by Service Type, by Application, and by Country Industry Analysis till 2032

Description

List of Tables

MENA Directional Drilling Market Research Report by Well Type (Horizontal, Extended-reach, Others), by Drilling Technique (Unconventional, Conventional), by Service Type [Logging-while drilling (Tripple Combo, Non-Tripple Combo), Measurements-while drilling, Rotary Steerable System, Others], by Application (Onshore, Offshore), and by Country (UAE, Saudi Arabia, Algeria, Bahrain, Egypt, Morocco, Iraq, Iran, Israel, Kuwait, Oman, Qatar, Rest of MENA) Industry Analysis till 2032

Industry Overview

The MENA directional drilling market is expected to achieve a value of USD 3,679.7 million by the end of 2032, advancing at a steady 4.4% CAGR during the forecast year. Directional drilling refers to the controlled drilling of wells along planned paths that deviate from the vertical. This method enables operators to reach multiple targets from a single site and optimize extraction efficiency.

One of the main elements that steer the directional drilling market in the MENA region is the increasing energy demand that comes from a variety of end-use sectors such as petrochemicals, steel, cement, power generation, and transportation. The industrialization in the region, in combination with large-scale infrastructure projects and population growth, has raised the need for stable and efficient energy supplies. Directional drilling allows the extraction of hydrocarbons to the maximum from complex reservoirs, which is essential to sustaining economic development and industrial operations across the Middle East and North Africa.

Major Company Development

One of the main events in the history of National Energy Services Reunited Corp. (NESR) was in November 2017, when it closed deals to take over Gulf Energy SAOC (GES) and National Petroleum Services. The transaction, which had a net value of about $1.1 billion, changed the oilfield services sector in such a way that NESR became a stronger player and consequently, the company was able to achieve greater operational efficiency, offer services beyond the current ones, and have better access to the different regional energy markets.

Key Players

Major players in the MENA directional drilling market are ADNOC Drilling Company, PJSC, Gulf Energy SAOC, Nabors Industries Ltd, Weatherford, OiLSERV, Baker Hughes Co, ERIELL Group, Catalana de Perforacions SA, TAQA, NewTech Services Holding Limited, SAWAFI - KINGDOM OF SAUDI ARABIA, Schlumberger Limited, Halliburton Energy Services, Inc., and National Energy Services Reunited Corp.

Report Attribute Details

Market Size 2023 USD 2,394.8 Million

Market Size 2032 USD 3,679.7 Million

CAGR (2024-2032) 4.4%

Base Year 2023

Market Forecast Period 2024-2032

Industry Segmentations

By Well Type: Horizontal - 4.1%, Extended-reach - 4.6%.

By Drilling Technique: Unconventional - 4.6%, Conventional - 4.3%.

By Service Type: Logging-while drilling - 5.1%, Measurements-while drilling - 4.2%.

By Application: Onshore - 4.3%, Offshore - 4.5%.

Product Code: MRFR/E&P/30883-CR

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 TRADE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING ENERGY DEMAND FROM VARIOUS END USE INDUSTRIES
- 4.2.2 RISING ADVANCEMENTS IN DRILLING TECHNOLOGIES
- 4.2.3 SURGING DEMAND FOR SMART DIRECTIONAL DRILLING
4.3 RESTRAINTS
- 4.3.1 REQUIRES HIGH CAPITAL INVESTMENT
- 4.3.2 VOLATILITY OF OIL AND GAS PRICES
4.4 OPPORTUNITY
- 4.4.1 NEW OILFIELD DISCOVERIES
- 4.4.2 INCREASING FOCUS ON UNCONVENTIONAL OIL AND GAS
4.5 CHALLENGES
- 4.5.1 SHORTAGE OF SKILLED LABOR AND TECHNICAL EXPERTISE
4.6 MARKET TRENDS
4.7 IMPACT ANALYSIS OF COVID-19
- 4.7.1 IMPACT 0N OVERALL DIRECTIONAL DRILLING INDUSTRY
  - 4.7.1.1 ECONOMIC IMPACT
- 4.7.2 IMPACT ON MENA DIRECTIONAL DRILLING MARKET
- 4.7.3 IMPACT ON SUPPLY CHAIN OF DIRECTIONAL DRILLING
- 4.7.4 IMPACT ON MARKET DEMAND OF DIRECTIONAL DRILLING
  - 4.7.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.7.4.2 CONSUMER SENTIMENTS
- 4.7.5 IMPACT ON PRICING OF DIRECTIONAL DRILLING

5 MARKET FACTOR ANALYSIS

5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIALS
- 5.1.2 MANUFACTURING / PRODUCTION/ PROCESSING
- 5.1.3 PACKING
- 5.1.4 DISTRIBUTION
- 5.1.5 END-USER
5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
  - 5.2.1.1 EQUIPMENT PROVIDERS
  - 5.2.1.2 SERVICE PROVIDERS
  - 5.2.1.3 END-USER
- 5.2.2 INTEGRATION LEVELS
- 5.2.3 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 BARGAINING POWER OF BUYERS
- 5.3.3 THREAT OF NEW ENTRANTS
- 5.3.4 THREAT OF SUBSTITUTES
- 5.3.5 INTENSITY OF RIVALRY
5.4 REGULATORY UPDATE
- 5.4.1 ENVIRONMENTAL REGULATIONS
- 5.4.2 LICENSING AND PERMITTING
- 5.4.3 HEALTH AND SAFETY REGULATIONS
5.5 STRATEGIC INSIGHTS
- 5.5.1 TECHNOLOGY UPDATE
- 5.5.2 REGIONAL MARKETS TO LOOKOUT FOR
- 5.5.3 DRILLING FLUIDS AND MUD SYSTEMS
- 5.5.4 DATA ANALYTICS AND AUTOMATION
- 5.5.5 EXTENDED REACH AND COMPLEX WELL DESIGNS
5.6 MENA LOGGING-WHILE DRILLING (LWD) MARKET OUTLOOK
- 5.6.1 MARKET ESTIMATES & FORECAST, BY TECHNOLOGY, 2018-2032
  - 5.6.1.1 RESISTIVITY MEASUREMENT
  - 5.6.1.2 ACOUSTIC MEASUREMENTS
  - 5.6.1.3 NUCLEAR MEASUREMENTS
  - 5.6.1.4 ELECTROMAGNETIC (EM) MEASUREMENTS
  - 5.6.1.5 OTHERS (PRESSURE AND TEMPERATURE MEASUREMENT, LITHOLOGY MEASUREMENT, ETC.)
- 5.6.2 MARKET ESTIMATES & FORECAST, BY HOLE SIZE, 2018-2032
  - 5.6.2.1 LESS THAN 6 INCHES
  - 5.6.2.2 6 TO 8 INCHES
  - 5.6.2.3 8 TO 12 INCHES
  - 5.6.2.4 GREATER THAN 12 INCHES
5.7 MENA ROTARY STEERABLE SYSTEM (RSS) MARKET OUTLOOK
- 5.7.1 MARKET ESTIMATES & FORECAST, BY APPLICATION, 2018-2032
  - 5.7.1.1 HORIZONTAL DRILLING
  - 5.7.1.2 OTHERS (MULTILATERAL, EXTENDED REACH, ETC.,)
- 5.7.2 MARKET ESTIMATES & FORECAST, BY BUILD SECTIONS, 2018-2032
  - 5.7.2.1 BUILD LESS THAN 10 DEGREES DLS
  - 5.7.2.2 BUILD MORE THAN 10 DEGREES DLS
- 5.7.3 MARKET ESTIMATES & FORECAST, BY LOCATION, 2018-2032
  - 5.7.3.1 ONSHORE
  - 5.7.3.2 OFFSHORE
- 5.7.4 5.7.4. MARKET ESTIMATES & FORECAST, BY HOLE SIZE, 2018-2032
  - 5.7.4.1 LESS THAN 6 INCHES
  - 5.7.4.2 6 TO 8 INCHES
  - 5.7.4.3 8 TO 12 INCHES
  - 5.7.4.4 GREATER THAN 12 INCHES

6 MENA DIRECTIONAL DRILLING MARKET, BY WELL TYPE

6.1 INTRODUCTION
- 6.1.1 HORIZONTAL
- 6.1.2 EXTENDED REACH
- 6.1.3 OTHERS (MULTILATERAL, COILED TUBING, ETC.,)

7 MENA DIRECTIONAL DRILLING MARKET, BY DRILLING TECHNIQUE

7.1 INTRODUCTION
- 7.1.1 UNCONVENTIONAL
- 7.1.2 CONVENTIONAL

8 MENA DIRECTIONAL DRILLING MARKET, BY SERVICE TYPE

8.1 INTRODUCTION
- 8.1.1 LOGGING-WHILE DRILLING (LWD)
  - 8.1.1.1 TRIPPLE COMBO
  - 8.1.1.2 NON-TRIPPLE COMBO
- 8.1.2 MEASUREMENTS-WHILE DRILLING (MWD)
- 8.1.3 ROTARY STEERABLE SYSTEM (RSS)
- 8.1.4 OTHERS (MUD MOTORS, UNDERBALANCED DRILLING (UBD), ETC)

9 MENA DIRECTIONAL DRILLING MARKET, BY APPLICATION

9.1 INTRODUCTION
- 9.1.1 ONSHORE
- 9.1.2 OFFSHORE

10 MENA DIRECTIONAL DRILLING MARKET, BY REGION

10.1 INTRODUCTION
- 10.1.1 UAE
- 10.1.2 SAUDI ARABIA
- 10.1.3 ALGERIA
- 10.1.4 BAHRAIN
- 10.1.5 EGYPT
- 10.1.6 MOROCCO
- 10.1.7 IRAQ
- 10.1.8 IRAN
- 10.1.9 ISRAEL
- 10.1.10 KUWAIT
- 10.1.11 OMAN
- 10.1.12 QATAR
- 10.1.13 REST OF MIDDLE EAST & AFRICA

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 COMPETITION DASHBOARD
- 11.2.1 PRODUCT PORTFOLIO
- 11.2.2 REGIONAL PRESENCE
- 11.2.3 STRATEGIC ALLIANCES
- 11.2.4 INDUSTRY EXPERIENCES
11.3 MARKET SHARE ANALYSIS, 2023
11.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS
11.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
11.6 LIST OF KEY PLAYERS, BY COUNTRY AND PRICING OFFERED FOR DIFFERENT APPLICATION
11.7 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 11.7.1 MERGER & ACQUIISATION
- 11.7.2 LAUNCH
- 11.7.3 PARTNERSHIP, COLLABRATION CAND EXPANSION

12 COMPANY PROFILES

12.1 ADNOC DRILLING COMPANY PJSC.
- 12.1.1 COMPANY OVERVIEW
- 12.1.2 FINANCIAL OVERVIEW
- 12.1.3 PRODUCTS OFFERED
- 12.1.4 KEY DEVELOPMENTS
- 12.1.5 SWOT ANALYSIS
- 12.1.6 KEY STRATEGY
12.2 GULF ENERGY SAOC
- 12.2.1 COMPANY OVERVIEW
- 12.2.2 PRODUCTS OFFERED
- 12.2.3 KEY DEVELOPMENTS
- 12.2.4 SWOT ANALYSIS
- 12.2.5 KEY STRATEGY
12.3 NABORS INDUSTRIES LTD.
- 12.3.1 COMPANY OVERVIEW
- 12.3.2 FINANCIAL OVERVIEW
- 12.3.3 PRODUCTS OFFERED
- 12.3.4 KEY DEVELOPMENTS
- 12.3.5 SWOT ANALYSIS
- 12.3.6 KEY STRATEGY
12.4 NATIONAL ENERGY SERVICES REUNITED CORP.
- 12.4.1 COMPANY OVERVIEW
- 12.4.3 PRODUCTS OFFERED
- 12.4.4 KEY DEVELOPMENTS
- 12.4.5 SWOT ANALYSIS
- 12.4.6 KEY STRATEGY
12.5 WEATHERFORD
- 12.5.1 COMPANY OVERVIEW
- 12.5.2 PRODUCTS OFFERED
- 12.5.3 KEY DEVELOPMENTS
- 12.5.4 SWOT ANALYSIS
- 12.5.5 KEY STRATEGY
12.6 OILSERV
- 12.6.1 COMPANY OVERVIEW
- 12.6.2 PRODUCTS OFFERED
- 12.6.3 KEY DEVELOPMENTS
- 12.6.4 SWOT ANALYSIS
- 12.6.5 KEY STRATEGY
12.7 BAKER HUGHES COMPANY
- 12.7.1 COMPANY OVERVIEW
- 12.7.2 FINANCIAL OVERVIEW
- 12.7.3 PRODUCTS OFFERED
- 12.7.4 KEY DEVELOPMENTS
- 12.7.5 SWOT ANALYSIS
- 12.7.6 KEY STRATEGY
12.8 ERIELL GROUP
- 12.8.1 COMPANY OVERVIEW
- 12.8.2 PRODUCTS OFFERED
- 12.8.3 KEY DEVELOPMENTS
- 12.8.4 SWOT ANALYSIS
- 12.8.5 KEY STRATEGY
12.9 CATALANA DE PERFORACIONS SA
- 12.9.1 COMPANY OVERVIEW
- 12.9.2 PRODUCTS OFFERED
- 12.9.3 KEY DEVELOPMENTS
- 12.9.4 SWOT ANALYSIS
- 12.9.5 KEY STRATEGY
12.10 TAQA KSA
- 12.10.1 COMPANY OVERVIEW
- 12.10.2 PRODUCTS OFFERED
- 12.10.3 KEY DEVELOPMENTS
- 12.10.4 SWOT ANALYSIS
- 12.10.5 KEY STRATEGY
12.11 NEWTECH SERVICES HOLDING LIMITED
- 12.11.1 COMPANY OVERVIEW
- 12.11.2 PRODUCTS OFFERED
- 12.11.3 KEY DEVELOPMENTS
- 12.11.4 SWOT ANALYSIS
- 12.11.5 KEY STRATEGY
12.12 SAWAFI - KINGDOM OF SAUDI ARABIA
- 12.12.1 COMPANY OVERVIEW
- 12.12.2 PRODUCTS OFFERED
- 12.12.3 KEY DEVELOPMENTS
- 12.12.4 SWOT ANALYSIS
- 12.12.5 KEY STRATEGY
12.13 SCHLUMBERGER LIMITED
- 12.13.1 COMPANY OVERVIEW
- 12.13.2 FINANCIAL OVERVIEW
- 12.13.3 PRODUCTS OFFERED
- 12.13.4 KEY DEVELOPMENTS
- 12.13.5 SWOT ANALYSIS
- 12.13.6 KEY STRATEGY
12.14 HALLIBURTON ENERGY SERVICES, INC.,
- 12.14.1 COMPANY OVERVIEW
- 12.14.2 FINANCIAL OVERVIEW
- 12.14.3 PRODUCTS OFFERED
- 12.14.4 KEY DEVELOPMENTS
- 12.14.5 SWOT ANALYSIS
- 12.14.6 KEY STRATEGY