Exploration Drilling Rig

Exploration Drilling Rig Market Outlook

The global Exploration Drilling Rig market is projected to reach approximately USD 8 billion by 2035, growing at a compound annual growth rate (CAGR) of around 4.5% during the forecast period from 2025 to 2035. This growth is driven by increased energy demand, particularly in emerging economies, and the ongoing exploration and production activities by oil and gas companies. Furthermore, advancements in drilling technologies, including automation and enhanced drilling techniques, are facilitating more efficient exploration operations, thereby fueling market expansion. The rise in offshore drilling activities, particularly in deepwater and ultra-deepwater regions, is another key factor contributing to the market's growth. In addition, the increasing focus on sustainable practices and environmental considerations is leading to the development of advanced drilling rigs that are designed to minimize ecological impact while maximizing resource extraction.

Growth Factor of the Market

Several factors are driving the growth of the Exploration Drilling Rig market. Firstly, the global shift towards cleaner energy alternatives is pushing oil and gas companies to explore new reserves, both onshore and offshore, thereby increasing the demand for drilling rigs. Secondly, the technological advancements in drilling processes, such as the increased adoption of automation and real-time data analytics, are enhancing the efficiency and safety of drilling operations, which is appealing to stakeholders. Furthermore, government policies favoring energy independence and the reduction of import dependencies are encouraging investments in exploration activities. Additionally, geopolitical factors and global economic recovery post-pandemic are fostering renewed interest in fossil fuel exploration, driving the need for sophisticated drilling rigs. Lastly, the exploration of unconventional resources, such as shale gas and oil sands, is expected to further boost the demand for specialized drilling rigs tailored to these unique environments.

Key Highlights of the Market

• The Exploration Drilling Rig market is expected to reach USD 8 billion by 2035.
• Projected CAGR of 4.5% from 2025 to 2035.
• Increased demand driven by the need for energy security and exploration of new reserves.
• Technological advancements in drilling processes are enhancing operational efficiency.
• Government policies promoting energy independence are incentivizing exploration investments.

By Type

Conventional Drilling Rigs:

Conventional drilling rigs continue to be a cornerstone of the exploration drilling market due to their proven efficiency and capability in accessing traditional oil and gas reserves. These rigs are primarily used in both onshore and offshore applications and are characterized by their robust structure and reliability. They employ rotary drilling techniques, which facilitate drilling to considerable depths and are effective in a wide range of geological formations. Conventional drilling rigs are often preferred for their simplicity and lower operational costs compared to more advanced alternatives. However, they may not be as effective in reaching unconventional resources or in extreme environments, which necessitates the use of more specialized equipment in certain scenarios.

Mobile Offshore Drilling Units:

Mobile Offshore Drilling Units (MODUs) have gained prominence in the exploration drilling sector due to their flexibility and adaptability in various marine environments. These rigs, which can be floated from one location to another, are capable of operating in shallow to deep waters, making them essential for offshore exploration activities. MODUs include semisubmersibles and drillships, which are equipped with advanced drilling technologies and safety features. Their ability to quickly mobilize to new drilling sites allows operators to maximize exploration opportunities and respond swiftly to market demands. As oil and gas reserves become more challenging to access, the role of MODUs is expected to grow significantly, supported by ongoing innovations in marine drilling technologies.

Directional Drilling Rigs:

Directional drilling rigs are increasingly sought after for their ability to drill non-vertical wells, which is crucial for accessing resources located beneath urban or environmentally sensitive areas. These rigs enable operators to drill at multiple angles and depths, enhancing resource recovery while minimizing surface impact. This technology is particularly valuable in complex geological formations where conventional vertical drilling may not yield optimal results. The demand for directional drilling is anticipated to rise as companies seek to optimize their drilling programs and reduce costs while targeting harder-to-reach reserves. Innovations in downhole technologies and real-time monitoring systems continue to enhance the capabilities of directional drilling rigs, positioning them as a vital component of modern exploration efforts.

Horizontal Drilling Rigs:

Horizontal drilling rigs are increasingly being utilized for their ability to access reservoirs more effectively than traditional vertical drilling methods. By drilling horizontally through layers of rock, these rigs can significantly increase the surface area of the well, improving production rates and recovery efficiencies. This technology is particularly favorable for shale gas and tight oil plays, where horizontal drilling has become the standard practice. As resource extraction techniques evolve, the adoption of horizontal drilling rigs is expected to rise, driven by the need for more efficient and productive operations. The integration of advanced technologies, such as hydraulic fracturing, with horizontal drilling is also enhancing their effectiveness further, enabling operators to tap into previously inaccessible reserves.

Coiled Tubing Drilling Rigs:

Coiled tubing drilling rigs are an innovative solution designed for specific drilling applications, particularly in well interventions and re-completions. These rigs use a continuous length of tubing, which allows for more efficient drilling operations and minimizes the risk of wellbore collapse. Coiled tubing technology is advantageous in locations where traditional drilling methods are less feasible or efficient, such as in areas with existing wells that require enhancement or repair. The flexibility and speed of coiled tubing rigs make them an attractive choice for operators looking to optimize their drilling processes and reduce downtime. As the industry shifts towards more efficient and cost-effective drilling solutions, the demand for coiled tubing drilling rigs is anticipated to grow, particularly in the context of enhanced oil recovery initiatives.

By Depth

Shallow Water Drilling Rigs:

Shallow water drilling rigs are specifically designed for operations in water depths of up to 500 feet, making them suitable for early-stage exploration and development activities in coastal regions. These rigs are often less complex and more cost-effective than their deepwater counterparts, allowing operators to conduct drilling operations at lower financial risks. The demand for shallow water rigs has been driven by the resurgence of interest in onshore and nearshore exploration, particularly in regions with favorable geological formations. As oil and gas companies seek to optimize their portfolios and reduce costs, shallow water drilling rigs are likely to remain a preferred option for initial explorations and smaller projects.

Deepwater Drilling Rigs:

Deepwater drilling rigs are designed for operations in water depths ranging from 500 to 5,000 feet, enabling access to some of the world’s largest untapped oil and gas reserves. These rigs are equipped with advanced technologies and safety systems to navigate the challenges of deepwater environments, including extreme pressures and harsh conditions. The growing demand for energy resources, particularly in offshore regions, is fueling investments in deepwater exploration. As companies pursue more challenging projects to meet global energy needs, the deepwater drilling rig segment is projected to experience significant growth, supported by continuous advancements in drilling technologies and operational efficiencies.

Ultra-Deepwater Drilling Rigs:

Ultra-deepwater drilling rigs are specialized units capable of operating in water depths exceeding 5,000 feet. These rigs are tailored for complex and high-risk drilling operations and are equipped with cutting-edge technology to ensure safety and efficiency in challenging environments. The global push towards renewable energy sources, coupled with the declining productivity of existing oil fields, necessitates the exploration of ultra-deepwater reserves. As a result, the ultra-deepwater drilling rig market is expected to expand significantly over the coming years, driven by technological innovations, increased investment in offshore exploration, and strategic partnerships among oil and gas companies. The commitment to sustainable drilling practices is also shaping the development of ultra-deepwater technologies, further enhancing their market prospects.

By Application

Onshore Exploration Drilling Rigs:

Onshore exploration drilling rigs are crucial for accessing oil and gas reserves located on land. This segment has witnessed considerable growth due to the ease of operation and lower costs compared to offshore drilling. These rigs are predominantly utilized in traditional oil and gas-producing regions, including North America, the Middle East, and parts of Asia. The rising demand for energy resources, coupled with advancements in drilling technologies, is driving investments in onshore exploration activities. As companies seek to optimize their resource extraction and reduce operational costs, onshore drilling rigs are likely to remain a vital component of the exploration drilling market.

Offshore Exploration Drilling Rigs:

Offshore exploration drilling rigs play a pivotal role in accessing underwater oil and gas reserves, significantly contributing to global energy supply. The increasing complexity of offshore projects, including deepwater and ultra-deepwater operations, has driven advancements in rig technology, leading to greater operational efficiencies and safety measures. With many countries focusing on their offshore potential, investments in advanced offshore drilling rigs have surged. As a result, the offshore exploration drilling segment is expected to experience sustained growth, supported by strategic partnerships among operators and continued exploration efforts in untapped marine regions.

By User

Oil & Gas Industry:

The oil and gas industry is the primary end-user of exploration drilling rigs, as they are essential for accessing hydrocarbon reserves. This sector demands a range of drilling rig types, from conventional to high-tech offshore units, as companies continually seek to optimize production and reduce costs. The recovery in oil prices and the global push for energy security are driving investments in exploration activities. Moreover, as the industry shifts towards more sustainable practices, the focus is on adopting advanced technologies that enhance safety, efficiency, and environmental responsibility. Consequently, the oil and gas sector is expected to maintain a strong demand for exploration drilling rigs over the coming years, shaping the competitive landscape of the market.

Mining Industry:

The mining industry has increasingly recognized the value of exploration drilling rigs for mineral extraction. These rigs are utilized in various mining applications, including precious metals and minerals, where detailed geological assessment is necessary. The demand for exploration drilling in the mining sector is fueled by the growing need for raw materials, driven by technological advancements and urbanization. Furthermore, mining companies are focusing on reducing operational costs and improving extraction efficiency, which drives the adoption of advanced drilling technologies. As the mining sector seeks to discover new reserves and optimize production processes, exploration drilling rigs will continue to play a crucial role in resource exploration and development.

Water Well Industry:

The water well industry is increasingly utilizing exploration drilling rigs to access groundwater resources essential for domestic, agricultural, and industrial use. The growing population and increasing water scarcity issues have heightened the demand for reliable water sources, driving investments in water well drilling technologies. Exploration drilling rigs help in assessing groundwater availability and ensuring sustainable extraction practices. Additionally, heightened regulatory emphasis on water resource management encourages the adoption of advanced drilling techniques that enhance operational efficiency and minimize environmental impact. As concerns about water scarcity persist, the water well industry will continue to rely on exploration drilling rigs for sustainable resource management.

Construction Industry:

The construction industry also utilizes exploration drilling rigs for geotechnical assessments and site investigations. These rigs help evaluate soil conditions, which is critical for determining the feasibility of construction projects and ensuring structural safety. As urban development continues to expand, the demand for geotechnical drilling services is rising, driven by the need for infrastructure development and real estate projects. The exploration drilling segment is expected to grow in this industry as construction companies increasingly recognize the importance of thorough geological assessments in project planning. Additionally, innovations in drilling technologies are facilitating faster and more accurate assessments, further enhancing the role of exploration drilling rigs in the construction sector.

Geothermal Industry:

The geothermal industry is leveraging exploration drilling rigs for the development of geothermal energy resources, which are increasingly recognized as a sustainable energy alternative. These rigs are critical for assessing geothermal reservoirs and determining the viability of geothermal projects. As the global push for renewable energy intensifies, investments in geothermal energy are expected to rise, bolstering demand for exploration drilling rigs tailored for geothermal applications. Moreover, advancements in drilling technologies are enhancing the efficiency and effectiveness of geothermal exploration, paving the way for more sustainable energy solutions. The geothermal sector is likely to become a significant contributor to the overall exploration drilling rig market as economies seek to diversify their energy sources.

By Region

The regional analysis of the Exploration Drilling Rig market reveals significant variations in demand, driven by geographical factors, resource availability, and technological advancements. North America holds a dominant position in the market, accounting for approximately 35% of the total share due to its rich oil and gas reserves, mature infrastructure, and advanced drilling technologies. The United States, in particular, has witnessed a resurgence in onshore and offshore exploration activities, fueled by advancements in hydraulic fracturing and horizontal drilling techniques. Furthermore, the region's focus on energy independence and the establishment of significant drilling projects have contributed to its robust growth. The forecast for North America indicates a steady growth rate of around 4.0% CAGR, reflecting ongoing investments in exploration and production technologies.

In contrast, the Asia Pacific region is exhibiting the highest growth potential, projected to reach a market share of approximately 25% by 2035, with a CAGR of 5.5%. The increasing energy demands of rapidly developing economies, such as India and Indonesia, are driving investments in exploration drilling activities. Additionally, the discovery of new reserves and ongoing government initiatives to enhance energy security are fostering growth in this region. Furthermore, advancements in drilling technologies are enabling operators to effectively tap into unconventional resources, further enhancing exploration efforts. As Asia Pacific continues to develop its energy infrastructure, the exploration drilling rig market is expected to expand significantly, driven by a combination of increasing energy consumption and technological innovations.

Opportunities

The Exploration Drilling Rig market is poised for significant opportunities driven by the global energy transformation and the increasing focus on sustainability. As countries aim to transition towards cleaner energy systems, the demand for oil and gas remains vital in the short to medium term. This presents drilling rig manufacturers and service providers with the opportunity to innovate and develop rigs that operate more efficiently and have a reduced environmental impact. Additionally, there is a growing trend towards the exploration of unconventional resources, such as shale gas and oil sands, which require specialized drilling technologies. Companies that invest in research and development to address these needs will have a competitive advantage in the evolving market landscape. Moreover, as investments in renewable energy continue to rise, the integration of geothermal energy exploration further broadens the scope for drilling rig applications, thereby providing additional avenues for growth.

Another significant opportunity exists in the collaborative ventures among oil and gas companies, technology providers, and research institutions. By pooling resources and expertise, stakeholders can drive innovation and enhance operational efficiencies in exploration activities. Strategic partnerships, particularly in regions with untapped resources, can lead to new discoveries and increased operational capabilities. Furthermore, the ongoing emphasis on digital transformation within the energy sector opens avenues for automation, real-time monitoring, and data analytics, which can revolutionize exploration drilling practices. Companies that embrace these technological advancements and adopt agile operational strategies will be well-positioned to capitalize on the rapid changes in the exploration drilling landscape, ensuring sustained growth in a competitive market.

Threats

Despite the favorable outlook for the Exploration Drilling Rig market, several threats could hinder its growth. One of the most significant threats is the volatility in oil and gas prices, which can directly impact exploration budgets and investments. Fluctuating prices may lead companies to scale back their drilling activities, affecting demand for exploration rigs. Additionally, the increasing focus on renewable energy sources and stringent environmental regulations may place further pressure on the fossil fuel sector, potentially slowing the pace of new exploration activities. Companies that fail to adapt to changing market dynamics and environmental considerations may struggle to remain competitive in the evolving landscape. Furthermore, geopolitical tensions in oil-rich regions can disrupt supply chains and create uncertainty, further complicating the operational environment for exploration drilling activities.

Another restraining factor is the high capital requirements associated with exploration drilling rig investments. The cost of acquiring and maintaining advanced drilling rigs can be a barrier for smaller operators, limiting their participation in the market. As a result, the exploration drilling sector may face consolidation pressures, with larger, financially robust companies dominating the landscape. Additionally, the skilled labor shortage in the energy sector presents a challenge for companies seeking to deploy advanced drilling technologies effectively. The lack of trained professionals may hinder operational efficiency and limit the growth potential of the market. Companies must prioritize workforce development and training to ensure they are equipped to meet the demands of modern exploration drilling and maintain a competitive edge.

Competitor Outlook

• Schlumberger Limited
• Halliburton Company
• Transocean Ltd.
• Noble Corporation
• EnscoRowan plc
• Weatherford International plc
• Diamond Offshore Drilling, Inc.
• Petrofac Limited
• Seadrill Limited
• Oceaneering International, Inc.
• Valaris Limited
• Maersk Drilling
• Keppel Corporation Limited
• Baker Hughes Company
• KCA Deutag

The competitive landscape of the Exploration Drilling Rig market is characterized by a mix of established players and emerging companies vying for market share. Major companies are focusing on technological advancements and operational efficiency to maintain their competitive edge in the market. Firms such as Schlumberger and Halliburton continue to lead the industry by integrating innovative drilling technologies and providing comprehensive service offerings that enhance exploration activities. Furthermore, these companies are investing significantly in research and development to address the increasing demand for effective and environmentally responsible drilling solutions. The focus on strategic partnerships and collaborations is also prevalent among leading players, as they seek to leverage shared expertise and resources to drive innovation.

Companies like Transocean and Noble Corporation are heavily involved in offshore drilling operations and are expanding their fleets to accommodate the rising demand for deepwater and ultra-deepwater exploration services. The emphasis on enhancing safety features and operational capabilities is a priority for these firms, ensuring they remain resilient in the face of evolving market challenges. Additionally, companies such as Weatherford and Diamond Offshore Drilling are diversifying their service portfolios to cater to a broader range of exploration and production activities, thereby strengthening their market positions. The exploration drilling rig market is also witnessing the entry of new players focusing on niche segments, which is further intensifying competition and driving innovation in the industry.

As the market continues to evolve, key players are adopting sustainability-focused strategies to align with global energy transition trends. Companies are exploring ways to minimize environmental impact through the development of eco-friendly drilling technologies and practices. For instance, firms like Baker Hughes and KCA Deutag are making substantial investments in renewable energy projects and carbon capture technologies, enhancing their reputation as responsible operators. The growing focus on technological integration and digital solutions, such as real-time monitoring and artificial intelligence in drilling processes, is likely to reshape the competitive dynamics of the market. In conclusion, the Exploration Drilling Rig market presents a diverse and competitive landscape, with both established players and new entrants striving to capitalize on emerging opportunities while navigating challenges in the evolving energy landscape.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 KCA Deutag
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 EnscoRowan plc
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Maersk Drilling
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Transocean Ltd.
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Valaris Limited
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Petrofac Limited
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Seadrill Limited
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Noble Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Halliburton Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Baker Hughes Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Schlumberger Limited
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Keppel Corporation Limited
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Weatherford International plc
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Diamond Offshore Drilling, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Oceaneering International, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Exploration Drilling Rig Market, By Type
    • 6.1.1 Conventional Drilling Rigs
    • 6.1.2 Mobile Offshore Drilling Units
    • 6.1.3 Directional Drilling Rigs
    • 6.1.4 Horizontal Drilling Rigs
    • 6.1.5 Coiled Tubing Drilling Rigs
  • 6.2 Exploration Drilling Rig Market, By User
    • 6.2.1 Oil & Gas Industry
    • 6.2.2 Mining Industry
    • 6.2.3 Water Well Industry
    • 6.2.4 Construction Industry
    • 6.2.5 Geothermal Industry
  • 6.3 Exploration Drilling Rig Market, By Depth
    • 6.3.1 Shallow Water Drilling Rigs
    • 6.3.2 Deepwater Drilling Rigs
    • 6.3.3 Ultra-Deepwater Drilling Rigs
  • 6.4 Exploration Drilling Rig Market, By Application
    • 6.4.1 Onshore Exploration Drilling Rigs
    • 6.4.2 Offshore Exploration Drilling Rigs

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Exploration Drilling Rig Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Exploration Drilling Rig market is categorized based on

By Type

• Conventional Drilling Rigs
• Mobile Offshore Drilling Units
• Directional Drilling Rigs
• Horizontal Drilling Rigs
• Coiled Tubing Drilling Rigs

By Depth

• Shallow Water Drilling Rigs
• Deepwater Drilling Rigs
• Ultra-Deepwater Drilling Rigs

By Application

• Onshore Exploration Drilling Rigs
• Offshore Exploration Drilling Rigs

By User

• Oil & Gas Industry
• Mining Industry
• Water Well Industry
• Construction Industry
• Geothermal Industry

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Schlumberger Limited
• Halliburton Company
• Transocean Ltd.
• Noble Corporation
• EnscoRowan plc
• Weatherford International plc
• Diamond Offshore Drilling, Inc.
• Petrofac Limited
• Seadrill Limited
• Oceaneering International, Inc.
• Valaris Limited
• Maersk Drilling
• Keppel Corporation Limited
• Baker Hughes Company
• KCA Deutag