Global Subsea Well Access Market 2015-2019 with Aker Solutions, Cameron International, FMC Technologies, National Oilwell Varco & Weatherford International Dominating

Jul 27, 2015, 14:11 ET from Research and Markets

DUBLIN, July 20, 2015 /PRNewswire/ --

Research and Markets ( has announced the addition of the "Global Subsea Well Access Market 2015-2019" report to their offering.

The global subsea well access market to grow at a CAGR of 5.9% over the period 2014-2019

Subsea well access is an equipment used to ensure that subsea drilling and intervention activities are carried out efficiently. It is used to ensure the safe and reliable production from the field as the operators face increasing need for enhanced recovery rates and to extend exploration activities into the deeper and harsher territories.

Technological innovations not only increase the production capacity of the wells but also help in maintaining the ecology of the excavation area. The key vendors of the global well intervention services market have been investing heavily in their R&D to develop their process innovation. Riserless light-well intervention technique has been a great innovation in recent years and promises to change the market dynamics considerably during the forecast period.

According to the report, the global oil and gas consumption has seen a marked increase worldwide. The shift in focus toward offshore production favors market growth because of increased requirements for well interventions.

Further, the report states that the capital-intensive nature of the subsea well access equipment because of high technical expertise and complex procedures hinders the market growth.

The market can be segmented into two based on product type:

  • Rig-based
  • Riserless well access systems

Key vendors

  • Aker Solutions
  • Cameron International
  • FMC Technologies
  • National Oilwell Varco
  • Weatherford International Limited

Other prominent vendors

  • Proserve
  • Uztel
  • Rongsheng Machinery Manufacture

Key Topics Covered:

  1. Executive Summary
  2. List of Abbreviations
  3. Scope of the Report
  4. Market Research Methodology
  5. Introduction
  6. Market Landscape
  7. Market Segmentation by Product Type
  8. Geographical Segmentation
  9. Key Leading Countries
  10. Buying Criteria
  11. Market Growth Drivers
  12. Drivers and their Impact
  13. Market Challenges
  14. Impact of Drivers and Challenges
  15. Market Trends
  16. Trends and their Impact
  17. Vendor Landscape
  18. Key Vendor Analysis

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SOURCE Research and Markets