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市場調查報告書
商品編碼
1442602

印度油田服務市場評估:依類型、服務、應用和地區劃分的機會和預測(2017-2031)

India Oilfield Services Market Assessment, By Type, By Services, By Application, By Region, Opportunities and Forecast, FY2017-FY2031F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 128 Pages | 商品交期: 3-5個工作天內

價格

預計印度油田服務市場規模將從2023年的6.2899億美元成長到2031年的16.1385億美元,2024-2031年預測期間複合年增長率為12.50%。

全球原油價格的快速波動正在影響印度市場。人口成長和乘用車的激增已經增加了對化石燃料的需求,為該行業帶來了課題。碳氫化合物資源的枯竭正促使當局進一步挖掘並尋求新能源。這些將促使該地區海上石油鑽探船隊和陸上鑽探的預期擴張。此外,阿薩姆邦、那加蘭邦、阿魯納恰爾邦、古吉拉特邦和泰米爾納德邦等地區的陸上勘探項目正在Oil India Limited (OIL)(OIL)和Oil and Natural Gas Corporation (ONGC) 等政府機構和公司的監督下進行。

由於消耗較少和生產潛力較高,預計海上石油鑽探將具有更大的潛力。此外,海底超深水和深水石油鑽探預計將促使碳氫化合物燃料的消耗和需求增加。

對廉價燃料的需求和汽車銷售的增加推動了市場成長:

石油和天然氣關稅上漲以及供應鏈中斷正在推高油價。因此,各國都在尋找和勘探新的油田和水下碳氫化合物儲量。由於印度是第三大石油進口國,它正在尋找替代燃料和海底碳氫化合物儲備。印度人口成長和汽車繁榮推動了市場的快速成長。人均收入的成長刺激了新車銷售並增加了對廉價燃料的需求。考慮到電動車的快速普及,內燃機汽車仍然佔據主要市場空間。因此,當局正深挖油氣田。從主要油田到海上鑽探,印度正在尋求擴大其鑽探基礎設施以滿足自身消費。

2023年2月,印度ONGC宣佈將投資總計72億美元用於24個油田開發、提高石油採收率(EOR)和提高石油採收率(IOR)專案。這些項目包括海上和陸上勘探場地。

本報告調查了印度油田服務市場,並提供市場定義和概述、市場規模趨勢和預測、各個細分市場和地區的詳細分析、行業結構、影響市場成長的因素分析以及案例研究、競爭格局、概況。各大公司等

目錄

第一章研究方法論

第二章 專案範圍與定義

第 3 章執行摘要

第四章 客戶回饋

  • 產品和市場情報
  • 品牌識別模式
  • 做出購買決定時會考慮的因素
  • 考慮隱私和安全法規

第五章 印度油田服務市場展望

  • 市場規模/預測
  • 依類型
    • 設備租賃
    • 現場作業
  • 依服務
    • 鑽井服務
    • 壓力幫浦服務
    • 有線服務
    • 其他
  • 依用途
    • 陸上
    • 離岸
  • 依地區
    • 北方
    • 南部
    • 西區/中區
  • 依公司劃分的市場佔有率

第 6 章 市場測繪

  • 依類型
  • 依服務
  • 依用途
  • 依地區

第七章 宏觀環境與產業結構

  • 供需分析
  • 進出口分析
  • 價值鏈分析
  • PESTEL 分析
  • 波特五力分析

第八章市場動態

  • 增長動力
  • 成長限制因素(問題、限制因素)

第九節 主要公司狀況

  • 前 5 名市場領導者的競爭矩陣
  • 前 5 名市場領導者的市場收入分析
  • 併購/合資(如適用)
  • SWOT分析(5家參與企業)
  • 專利分析(如果適用)

第10章案例研究

第十一章 主要公司展望

  • Oil and Natural Gas Corporation (ONGC)
  • Jindal Drilling and Industries Limited
  • Reliance Group
  • Schlumberger India Technology Centre Pvt. Ltd.
  • Halliburton India Operations Pvt. Ltd.
  • Dynamic Drilling and Services Private Limited
  • Asian Energy Services Ltd.
  • Oil India Limited
  • Cairn India Ltd
  • Nabors Industries Ltd.
  • Transocean Ltd.
  • Fluor Daniel India Private Limited

第十二章 戰略建議

第13章關於我們公司/免責聲明

Product Code: MX11070

India oilfield services market is projected to witness a CAGR of 12.50% during the forecast period from FY2024 to FY2031, growing from USD 628.99 million in FY2023 to USD 1,613.85 million in FY2031. The rapid shift in crude oil prices at a global scale has impacted the Indian market. Already rising demand for fossil fuel due to increased population and higher adoption of passenger vehicles are enabling challenges for the industry. The depleting hydrocarbon resources are pushing authorities to dig deeper and seek new energy resources. It results in the expansion of offshore oil rig fleets and onshore drilling in anticipated regions. Furthermore, the onshore exploration programs in regions, such as Assam, Nagaland, Arunachal Pradesh, Gujarat, and Tamil Nadu, are running under the supervision of government entities and firms like Oil India Limited (OIL) and Oil and Natural Gas Corporation (ONGC).

Offshore oil drilling is expected to hold higher potential due to lower depletion and higher production potential. The ultradeep and deepwater oil drilling in the seabed is expected to deliver the rising consumption and demand for hydrocarbon fuel. The state firms along with the help of private rig-builders are investing billions in offshore deepwater exploration to attain the self-reliant energy model.

For instance, in May 2023, the Oil and Natural Gas Corporation (ONGC) won two major offshore oil and gas discoveries in the Arabian Sea. These blocks are named Amrit and Monga and are won in the first and third open acreage licensing policies (OALP) auction.

Demand for Affordable Fuel and Increased Sales of Automotives to Propel the Market Growth

The rise of oil and gas tariffs along with the disruptions in the supply chain are increasing the prices of crude oil. Therefore, nations are trying to locate and explore new oilfields and offshore hydrocarbon reserves in their regions. India is the third largest country when it comes to importing oil and hence it looks for fuel alternatives and hydrocarbon reserves under its land and sea. The proliferating market growth is attributed to the higher population of India and the automotive boom in the nation. The increased per capita income has fueled the sales of new vehicles, increasing the demand for affordable fuel. Considering the high-paced adoption of EVs, vehicles with internal combustion engines still hold the major market space. Hence, authorities dig deeper, exploring the oil and gas fields. From major oilfields, and coast to deepwater offshore drilling, India is set to expand its drilling infrastructure to meet the consumption.

For instance, in February 2023, India's ONGC announced that it is set to invest a total of USD 7.2 billion in the 24-field development, enhanced oil recovery (EOR), and improved oil recovery (IOR) projects. These under-development projects include both offshore and onshore exploration sites.

Sustainable Oil and Gas Extraction to Expand Market Expansion

The oil and gas exploration companies tend to focus on sustainable extraction as well. Apart from the government's drilling guidelines for offshore and onshore oil drilling, companies themselves produce innovative solutions. The technological advancements in oilfield drilling and gas extraction involve directional drilling, nitrogen services, well stimulation and intervention, hydraulic fracturing, and coiled tubing. Companies embrace these technological advances to improve production and environmental sustainability. These practices involve the integration of IoT-enabled sensors and state-of-the-art drones for real-time monitoring. Sustainable and innovative practices like these provide an edge for ensuring higher production with lower disruptions. Focus on offshore oil drilling has increased over the years with increased government investment.

For instance, in February 2024, Seros Energy Pvt. Ltd. showcased its sustainable Coal-Bed Methane (CBM) exploration, highlighting its advanced initiatives and advancements in the field. The company revised its commitment towards sustainable drilling and exploration of CBM with the help of innovative technologies like hydraulic fracturing and well stimulation.

Government Regulatory Framework and Investments to Transform Market Dynamics

Government investments and policies focusing on easing the business environment for contractors are expected to fuel market growth. From offshore oil and gas platforms to onshore pump jacks, the government monitors each stage including processing, storage, transportation, and refining. Over the years, government authorities have introduced different policies, regulating the oil and gas drilling industry. These policies comprise hydrocarbon exploration and licensing policy, open acreage licensing, and revenue sharing model. Also, the government regulates and manages the high oil-producing fields by providing opportunities to market players for different purposes like transportation, floating storage, and offloading. It provides aid to oil refiners, contractors, etc.

For instance, in January 2024, the Finance Ministry announced the possibility of reducing the oil firms' aid of USD 3.6 billion to keep the fiscal deficit at 5.9% of GDP. In 2023, Indian Oil Corp and Bharat Petroleum Corp Ltd planned to raise the capital with government backing. The fund to support investments in navigating the energy transition can be reduced by 50%.

Depleting Onshore Reserves and Higher Production to Fuel the Offshore Segment

Based on application, the offshore segment is expected to accelerate at a decent rate during the anticipated period. This is due to the large amount of hydrocarbon reserves present and unexplored under the seabed. Furthermore, the depleting onshore oilfields are limiting exploration operations while companies are focusing on building technologies to locate possible seabed that could contribute to higher energy demand.

The increased oil production, minimum chances of disaster, and government backing fuel offshore application segment. Nearly 7,517 km of coastline in India including the mainland's 6,100 km, the potential of offshore oil drilling is unmatchable.

Transocean Ltd, for example, in August 2023 won an ultra-deepwater drillship contract of USD 222 million, under the name of Transocean Deepwater Drillship Contract (TDR) awarded by ONGC. The program will start in Q1 2024, and the total duration of the contract is 21 months. Transocean has 37 MOUs (Mobile Oilfield Services Units) consisting of 28 ultra-deepwater drilling floaters and 9 harsh environment drilling floaters owned or partly owned by the company.

Future Market Scenario (FY2024 - FY2031)

Increased demand for affordable fuel, the government's focus on self-reliant energy resources, and rapid offshore drilling operations shape the market prospects.

New government aid for technological shifts and the adoption of sustainable drilling practices are anticipated to transform market dynamics.

Increased focus on offshore drilling operations is expected to create opportunities for rig builders and floaters during the forecast period.

Indian oilfield service vendors along with state-owned firms are likely to invest in the western offshore projects.

Key Players Landscape and Outlook

Key players in India oilfield services market hold a mixture of state-owned and private companies. Major brands are focusing on government tenders and private-public partnerships. Key market players upgrading their drilling technology are expected to deliver sustainable drilling options. Furthermore, competitors merge, collaborate, and acquire to enhance their supply chain and expand their service area. Companies focus on adopting the latest drilling technology to increase the production volume and limit environmental exploitation. Companies collaborate with major global companies to speed up the exploration process.

For instance, in February 2023, State-owned ONGC announced that it would be investing in offshore western assets to boost output. The firm stated its communication with global oil majors such as Equinor ASA, Chevron Corp., and Exxon Mobil Corporation.

In January 2024, Cairn Oil & Gas submitted its Field Development Plan (FDP) to produce over 2,000 boepd. The Jaya oil and gas discovery field located in the Bharuch district of Gujarat holds the potential to double production capabilities. It is the first FDP filed in OALP regime from 144 blocks awarded under 8 OALP rounds.

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. Experience and Reputation
    • 4.3.2. Technology and Innovation
    • 4.3.3. Services Offered
    • 4.3.4. Cost-Effectiveness
    • 4.3.5. Safety Record
  • 4.4. Consideration of Privacy & Safety Regulations

5. India Oilfield Services Market Outlook, FY2017-FY2031

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. By Type
    • 5.2.1. Equipment Rental
    • 5.2.2. Field Operation
  • 5.3. By Services
    • 5.3.1. Drilling Services
    • 5.3.2. Pressure Pumping Services
    • 5.3.3. Wireline Services
    • 5.3.4. Others
  • 5.4. By Application
    • 5.4.1. Onshore
    • 5.4.2. Offshore
  • 5.5. By Region
    • 5.5.1. North
    • 5.5.2. South
    • 5.5.3. East
    • 5.5.4. West & Central
  • 5.6. By Company Market Share (%), FY2023

6. Market Mapping, FY2023

  • 6.1. By Type
  • 6.2. By Services
  • 6.3. By Application
  • 6.4. 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 Entrants
    • 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. Case Studies

11. Key Players Outlook

  • 11.1. Oil and Natural Gas Corporation (ONGC)
    • 11.1.1. Company Details
    • 11.1.2. Key Management Personnel
    • 11.1.3. Products & Services
    • 11.1.4. Financials (As reported)
    • 11.1.5. Key Market Focus & Geographical Presence
    • 11.1.6. Recent Developments
  • 11.2. Jindal Drilling and Industries Limited
  • 11.3. Reliance Group
  • 11.4. Schlumberger India Technology Centre Pvt. Ltd.
  • 11.5. Halliburton India Operations Pvt. Ltd.
  • 11.6. Dynamic Drilling and Services Private Limited
  • 11.7. Asian Energy Services Ltd.
  • 11.8. Oil India Limited
  • 11.9. Cairn India Ltd
  • 11.10. Nabors Industries Ltd.
  • 11.11. Transocean Ltd.
  • 11.12. Fluor Daniel India Private Limited

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

12. Strategic Recommendations

13. 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 Oilfield Services Market, By Value, In USD Million, FY2017-FY2031F
  • Figure 2. India Oilfield Services Market Share (%), By Type, FY2017-FY2031F
  • Figure 3. India Oilfield Services Market Share (%), By Services, FY2017-FY2031F
  • Figure 4. India Oilfield Services Market Share (%), By Application, FY2017-FY2031F
  • Figure 5. India Oilfield Services Market Share (%), By Region, FY2017-FY2031F
  • Figure 6. By Type Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 7. By Services Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 8. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 9. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2023