Tag: downhole

Global smart oilfield market to exceed $35 Billion by 2020: Technavio

Global smart oilfield market to exceed $35 Billion by 2020: Technavio

The global smart oilfield market for software technologies is predicted to exceed $11 billion by 2020 LONDON- According to the latest market research study released by Technavio, the global smart oilfield market is expected to generate approximately $35 billion (all figures in US dollars, growing at a compound annual growth rate of over four per cent during the forecast […]

Big boost coming for global oil/gas fishing tools market – study

Big boost coming for global oil/gas fishing tools market – study

Expected near-term increase in drilling is major driver of global oil/gas fishing tools market The global oil and gas fishing tools market for 2015-2019 is expected reach $3.8 billionUSD, growing at a compound annual growth rate (CAGR) of over 4 per cent, according to a new study from Technavio. Fishing tools are employed for fishing the stray equipment (also […]