封面
市场调查报告书
商品编码
1442599

印度海上钻井市场评估:依产品类型、服务类型、平台、应用和地区划分的机会和预测(2017-2031)

India Offshore Drilling Market Assessment, By Product Type, By Service Type, By Platform, By Application, By Region, Opportunities and Forecast, FY2017-FY2031F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 132 Pages | 商品交期: 3-5个工作天内

价格

印度海上钻井市场规模预计将从 2023 年的 3.1979 亿美元增长到 2031 年的 8.5014 亿美元,预计在 2024 年至 2031 年期间将以两位数的复合年增长率增长。

由于石油消费量的增加,印度已成为世界上最大的石油和天然气进口国之一。该国政府正努力扩大国内石油和天然气生产,以减少对化石燃料进口的依赖。公共和私营部门都在获取许可证和合同,以扩大石油和天然气勘探和生产活动。

石油和天然气产业目前正在使用物联网来提高产量、最佳化机械、确保工人安全并监控远端存取点。井筒中嵌入的防喷器 (BOP)、节流阀和感测器可提供即时资料收集。石油和天然气新创公司正在使用这些数据来快速识别损坏的设备,使现场工程师能够预测问题并做出回应。预计物联网感测器的采用将在未来推动印度海上钻井服务市场的发展。

因此,印度海上钻井服务市场预计在预测期内将显着成长。印度石油和天然气消费量的增加、成熟油田的再开发以及人工智慧、机器学习、物联网感测器、机器人和自动化等技术进步等因素正在推动市场成长。

例如,2023 年 5 月,罗克韦尔自动化与 Total Energies 合作建造了机器人车队管理系统,为该公司海上设施的营运提供动力。这使得操作员可以使用物联网技术远端监督和协调机器人,使它们能够自主执行由现场操作员在传统设施中执行的各种活动,例如紧急应变和日常维护任务。

本报告调查了印度海上钻井市场,包括市场定义和概述、市场规模趋势和预测、各个细分市场和地区的详细分析、行业结构以及影响市场成长的因素分析、案例研究、竞争格局。 、主要公司简介等等。

目录

第一章研究方法

第 2 章专案范围与定义

第 3 章执行摘要

第 4 章顾客回馈

  • 产品与市场情报
  • 品牌识别模式
  • 做出购买决定时考虑的因素
  • 当地监管和合规考虑因素

第五章印度海上钻井服务市场展望

  • 市场规模/预测
  • 依产品类型
    • 石油
    • 天然气
  • 依服务类型
    • 合约钻井
    • 边坡开挖
    • LWD(随钻测井)
    • MWD(随钻测量)
  • 依平台
    • 顶起
    • 半潜式
    • 其他
  • 依用途
    • 浅水区
    • 深水
    • 超深水
  • 依地区
    • 东方
    • 中/西区
  • 市占率:依公司划分(2023 年)

第 6 章市场地图(2023 年)

  • 产品类型
  • 依服务类型
  • 依平台
  • 依用途
  • 依地区

第七章宏观环境与产业结构

  • 需求与供给分析
  • 汇入/汇出分析
  • 价值链分析
  • PESTEL 分析
  • 波特五力分析

第 8 章市场动态

  • 生长促进因素
  • 抑製成长的因素(课题与限制)

第九章主要公司状况

  • 前 5 名市场领导者的竞争矩阵
  • 前 5 位市场领导者的市场收入分析
  • 併购/合资企业(如果适用)
  • SWOT 分析(5 家参与公司)
  • 专利分析(如果适用)

第10章价格分析

第 11 章案例研究

第十二章主要公司展望

  • Schlumberger India Technology Centre Pvt. Ltd.
  • Asian Energy Services Ltd.
  • Bharat Heavy Electricals Ltd.
  • Alphageo (India) Ltd.
  • Halliburton India Operations Pvt. Ltd.
  • OGD Services Ltd.
  • Petrofac Engineering Services India Pvt. Ltd.
  • Baker Hughes Oilfield Services India Pvt. Ltd.
  • Oil States Industries (India) Pvt. Ltd.
  • Fluor Daniel India Pvt. Ltd.

第 13 章策略建议

第14章关于我们公司/免责声明

Product Code: MX11067

India offshore drilling market is projected to witness robust growth with double-digit CAGR during the forecast period FY2024-FY2031. The market size of India offshore drilling was 319.79 million in 2023 which is expected to grow to 850.14 million by 2031. Offshore drilling is the process of drilling holes in the seafloor of the continental shelf, including lakes and inland seas. The offshore drilling market includes services related to the drilling of wells. India is one of the world's top importers of petroleum and natural gas, owing to its growing oil consumption. The administration is working on increasing domestic oil and gas production to reduce the country's reliance on fossil fuel imports. Companies in both the public and private sectors have received licenses and contracts to expand exploration and production activities in the oil and gas sector. Since the government is currently focusing on natural gas and oil resources in India, the industry is likely to expand further.

Nowadays, the oil and gas industry use the Internet of Things (IoT) to improve output, optimize machinery, ensure worker safety, and monitor remote access points. Sensors embedded in blowout preventers (BOP), choke valves, and wells provide real-time data collection. Startups in the oil and gas industry use the data to quickly identify damaged equipment, enabling field engineers to anticipate and respond to problems. Adoption of IoT sensors is projected to boost India's offshore drilling services market in the future.

As a result, the offshore drilling services market in India is expected to witness significant growth during the forecast period. Factors such as increasing consumption of oil and gas in India, redevelopment of mature oil fields, and technological advancements like artificial intelligence, machine learning, internet of things (IoT) sensors, robotics, and automation, etc. will drive the market growth.

For instance, in May 2023, Rockwell Automation collaborated with Total Energies to build a robot fleet management system to drive operations on its offshore facilities. It enables operators to remotely supervise and coordinate robots using IoT technology, autonomously performing the various activities that field operators are executing on conventional facilities, including emergency responses and periodic maintenance tasks.

Increasing Oil & Gas Investments in India

Currently, most petroleum products are produced by public-sector refineries marketed domestically, whilst private businesses mostly serve export markets. India's oil and natural gas sector is primarily reliant on its national oil companies (NOCs), such as the Oil and Natural Gas Corporation (ONGC), which holds the largest share of crude oil and natural gas production facilities. Most Indian operators have significant investment plans to enhance their oil and gas production, which is expected to drive the country's drilling services market. New generation rigs developed in India and overseas offer greater technical capabilities that can assist Indian markets. Modern cyber rigs are controlled by joysticks, resulting in faster drilling and less downtime.

For instance, in February 2024, Oil India Limited (OIL) announced plans to invest USD 312.5 million in Andaman Islands for offshore drilling which is expected to start in September 2024. The Andaman basin, spanning an area of 225.9 thousand square kilometers, has significant hydrocarbon reserves in shallow water and deep-water areas.

Increasing Exploration and Production Activities

The expansion in oil and gas exploration and production operations has resulted in significant growth in India's offshore drilling services market. As the demand for energy rises, firms are increasingly looking to offshore reserves to tap into new oil and natural gas sources. The government intends to extend India's exploration acreage to 0.5 million square kilometers by 2025 and one million square kilometers by 2030.

Exploration over a larger area will provide more discoveries, increasing domestic oil and gas production and reducing dependency on imports. The increased exploration has created a strong demand for specialist drilling services, boosting the offshore drilling industry. India's unique geographical location, surrounded by immense offshore potential, has propelled the country to the forefront of the rapidly expanding offshore drilling businesses. Furthermore, the government's measures to promote foreign investment in the oil and gas sector have boosted exploration activity, increasing the demand for offshore drilling services.

For instance, in December 2023, State-run ONGC and Oil India Ltd. (OIL) were in talks with Japan Petroleum Exploration (Japex), Mitsui and Bahrain Petroleum Company (Bapco) to collaborate on increasing domestic exploration and production activities. The total operational area under various licensing schemes is 3,27,456 square kilometers, which includes exploration and exploitation of unconventional hydrocarbons like coal bed methane.

Government Initiatives

The Indian government has implemented several steps and initiatives to increase the oil and gas sector's investment. As part of its efforts to reduce import dependency in the petroleum and hydrocarbon sectors, India has implemented policies such as easier licensing requirements, revenue-sharing models, FDI policy that allows for 100% automatic investment, and National Data Repository that provides seamless access to data for interpretation and analysis. It creates a wonderful opportunity for major businesses to participate in the oil and gas sector, with business-friendly rules and significant room for expansion.

For example, the planned Hydrocarbon Vision 2025 calls for a 100% evaluation of the country's sedimentary basin areas, up from less than 50% today. The Hydrocarbon Exploration and Licensing Policy (HELP) establishes a single license for the production and exploration of all types of hydrocarbons, including conventional oil and gas, coal bed methane, and shale oil. Furthermore, to improve the ease of doing business, the government has permitted 100% foreign direct investment (FDI) in exploration and infrastructure development, as well as a 49% FDI cap in petroleum refining by PSUs.

Rise in Deep Water Segment to Propel Growth

Shallow-water applications account for nearly half of the offshore drilling market. However, with the development of improved technology, operators are venturing into deep and ultra-deep-water areas. Furthermore, due to declining output in shallow water basins, the vast potential of unexplored undersea hydrocarbon deposits is pushing increased focus on deep water drilling. A growing number of deep-water and ultra-deepwater drilling projects will provide profitable prospects in India's offshore drilling services market. More initiatives have been launched due to the stabilization of crude oil prices, which has strengthened drilling and production businesses' profit margins. Even though global oil and gas prices have plateaued and fallen by 50% in recent years, deepwater applications investment growth has surpassed it for the past three to four years. Many deepwater projects reach capital expenditures (CAPEX) of USD 5 billion or more, making them classified as "mega projects."

For instance, in January 2024, Oil & Natural Gas Corporation (ONGC) received the first oil from a deepwater block off the coast of Bay of Bengal. ONGC's flagship east coast asset, KG-DWN-98/2 consists of three large schemes, with executed Phase 1 in March 2020 and currently advancing on the USD 5 billion cluster-2 project.

Future Market Scenario (2024 - 2031F)

The offshore drilling market is growing due to a rise in deep water projects, increased exploration, and production activities as well as higher investments by major players in the oil and gas industry.

Technological advancements and the optimization of available resources are expected to create further possibilities for India offshore drilling services market in the future.

India is witnessing an increase in government initiatives as well as exploration and production activities, which is expected to boost the demand for offshore drilling services.

Key Players Landscape and Outlook

Key participants in India offshore drilling services market include Schlumberger India Technology Centre Pvt. Ltd., Asian Energy Services Ltd., Bharat Heavy Electricals Ltd., Alphageo (India) Ltd. and Halliburton India Operations Pvt. Ltd., and others. To ensure market growth, major market players are implementing both organic and inorganic tactics such as product launches, investments, and expansions, as well as collaborations and agreements. Major companies are concentrating on increasing their service ranges to preserve long-term market growth. Furthermore, the companies recognize that the oil and gas industry is carbon-intensive and hence many players have integrated low-carbon plans into their business roadmap.

In March 2023, ONGC and Total Energies signed a Memorandum of Understanding (MoU) to explore deepwater blocks in India. As part of the arrangement, the French business would aid ONGC in exploring deepwater blocks off India's east coast, including the Mahanadi and Andaman.

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Executive Summary

4. Voice of Customer

  • 4.1. Product and Market Intelligence
  • 4.2. Mode of Brand Awareness
  • 4.3. Factors Considered in Purchase Decisions
    • 4.3.1. Cost Efficiency
    • 4.3.2. Operational Performance
    • 4.3.3. Safety Standards and Record
    • 4.3.4. Technological Capabilities
    • 4.3.5. Environmental Impact
    • 4.3.6. Reliability and Availability of Equipment
    • 4.3.7. Experience and Expertise
    • 4.3.8. Contract Terms and Flexibility
    • 4.3.9. Customer Reference and Reviews
    • 4.3.10. Innovation and Adaptability
  • 4.4. Consideration of Local Regulations & Compliance

5. India Offshore Drilling Services Market Outlook, FY2017-FY2031F

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. By Product Type
    • 5.2.1. Oil
    • 5.2.2. Natural Gas
  • 5.3. By Service Type
    • 5.3.1. Contract Drilling
    • 5.3.2. Directional Drilling
    • 5.3.3. Logging While Drilling
    • 5.3.4. Measurement While Drilling
  • 5.4. By Platform
    • 5.4.1. Jackups
    • 5.4.2. Semi-submersible
    • 5.4.3. Others
  • 5.5. By Application
    • 5.5.1. Shallow Water
    • 5.5.2. Deep Water
    • 5.5.3. Ultra-deep Water
  • 5.6. By Region
    • 5.6.1. Northern
    • 5.6.2. Eastern
    • 5.6.3. Southern
    • 5.6.4. Central & Western
  • 5.7. By Company Market Share (%), FY2023

6. Market Mapping, FY2023

  • 6.1. By Product Type
  • 6.2. By Service Type
  • 6.3. By Platform
  • 6.4. By Application
  • 6.5. By Region

7. Macro Environment and Industry Structure

  • 7.1. Demand Supply Analysis
  • 7.2. Import Export Analysis
  • 7.3. Value Chain Analysis
  • 7.4. PESTEL Analysis
    • 7.4.1. Political Factors
    • 7.4.2. Economic System
    • 7.4.3. Social Implications
    • 7.4.4. Technological Advancements
    • 7.4.5. Environmental Impacts
    • 7.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
  • 7.5. Porter's Five Forces Analysis
    • 7.5.1. Supplier Power
    • 7.5.2. Buyer Power
    • 7.5.3. Substitution Threat
    • 7.5.4. Threat from New Entrant
    • 7.5.5. Competitive Rivalry

8. Market Dynamics

  • 8.1. Growth Drivers
  • 8.2. Growth Inhibitors (Challenges and Restraints)

9. Key Players Landscape

  • 9.1. Competition Matrix of Top Five Market Leaders
  • 9.2. Market Revenue Analysis of Top Five Market Leaders (in %, FY2023)
  • 9.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
  • 9.4. SWOT Analysis (For Five Market Players)
  • 9.5. Patent Analysis (If Applicable)

10. Pricing Analysis

11. Case Studies

12. Key Players Outlook

  • 12.1. Schlumberger India Technology Centre Pvt. Ltd.
    • 12.1.1. Company Details
    • 12.1.2. Key Management Personnel
    • 12.1.3. Products & Services
    • 12.1.4. Financials (As reported)
    • 12.1.5. Key Market Focus & Geographical Presence
    • 12.1.6. Recent Developments
  • 12.2. Asian Energy Services Ltd.
  • 12.3. Bharat Heavy Electricals Ltd.
  • 12.4. Alphageo (India) Ltd.
  • 12.5. Halliburton India Operations Pvt. Ltd.
  • 12.6. OGD Services Ltd.
  • 12.7. Petrofac Engineering Services India Pvt. Ltd.
  • 12.8. Baker Hughes Oilfield Services India Pvt. Ltd.
  • 12.9. Oil States Industries (India) Pvt. Ltd.
  • 12.10. Fluor Daniel India Pvt. Ltd.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

13. Strategic Recommendations

14. About Us & Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. India Offshore Drilling Services Market, By Value, in USD Million, FY2017-FY2031F
  • Figure 2. India Offshore Drilling Services Market, By Volume, in MMT / MMBTU, FY2017-FY2031F
  • Figure 3. India Offshore Drilling Services Market Share (%), By Product Type, FY2017-FY2031F
  • Figure 4. India Offshore Drilling Services Market Share (%), By Service Type, FY2017-FY2031F
  • Figure 5. India Offshore Drilling Services Market Share (%), By Platform, FY2017-FY2031F
  • Figure 6. India Offshore Drilling Services Market Share (%), By Application, FY2017-FY2031F
  • Figure 7. India Offshore Drilling Services Market Share (%), By Region, FY2017-FY2031F
  • Figure 8. By Product Type Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 9. By Service Type Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 10. By Platform Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 11. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 12. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2023