russia oil field equipment rental services market in United Arab Emirates

United Arab Emirates (UAE) Oilfield Equipment Rental Market

  • russia oil field equipment rental services market in United Arab Emirates
  • russia oil field equipment rental services market in United Arab Emirates
  • russia oil field equipment rental services market in United Arab Emirates
  • russia oil field equipment rental services market in United Arab Emirates

Oilfield Equipment Rental Market Size & Share Report, 2030

Oilfield Equipment Rental Services Market Size

Russia Oilfield Services Market Share, Growth

Oilfield Equipment and Services Research Mordor Intelligence

  • How big is the Russia oilfield services market?
  • The Russia oilfield services market size was USD 17.85 billion in 2022. The market is expected to grow from USD 19.04 billion in 2023 to USD 27.59 billion by 2030, exhibiting a CAGR of 5.4% during the forecast period. The growth in the production & exploration of natural gas across Russia has steered the Russia oilfield services market growth.
  • Why is Russia oilfield services market growing?
  • The growth in the production & exploration of natural gas across Russia has steered the Russia oilfield services market growth. The surge in various industrial sectors such as automotive and power generation has propelled industrial enterprises and urbanization, making crude oil and shale gas a key development element.
  • What is the value of the global oilfield services market?
  • The global oilfield services market reached a value of USD 311.65 billion in 2023. The market is further expected to grow at a CAGR of 6.5% in the forecast period of 2024-2032 to reach a value of USD 550.09 billion by 2032. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
  • Which segment holds the highest share of oilfields in Russia?
  • Field operations segment holds the maximum share owing to the increased number of services and increase in drilling activities. The country’s augmented exploration activities resulted in Russia locating more oilfields. The rig's production activities and the rig count have increased in the past few years.

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