LONDON, March 26, 2012 /PRNewswire/ --
Oil and gas production from offshore resources is of considerable importance for energy companies as existing base resources are being depleted at a rapid rate. New oil discoveries of significance are becoming less common, with the majority of major finds being offshore. A large amount of undeveloped offshore oil and gas fields as well as new offshore discoveries will help drive the MODU market, especially in deepwater. With strong oil prices persisting, major energy companies are increasingly reinvesting their earnings in exploration and development of offshore oil and gas basins. Visiongain calculates capital expenditure in the MODU market will total $48.1bn in 2012.
According to the International Energy Agency, global oil demand will rise from 88 million barrels today to around 99 million barrels in 25 years time. Over this period the cost of extracting oil will be higher and production from offshore resources will not be as expensive as it was relative to development of onshore hydrocarbons.
Although new technological improvements mean fewer people will be needed on offshore oil and gas drilling rigs, the construction industry behind MODUs and assembly of related technologies is providing employment for thousands of people. For example, the Brazilian marine construction industry has emerged on a vast scale to enable its offshore industry to provide MODUs and technologies for Petrobras to meet its vast oil production targets from its offshore resources.
Most super-major oil and gas companies as well as independent oil and gas companies have each secured a share in the hydrocarbon-rich offshore regions across the globe and demand for MODUs is strong. Meanwhile, health and safety standards and technology have both improved across the industry, leading to a backlog of orders for new-build MODU.
The MobileOffshore Drilling Units (MODU) Market 2012-2022 report includes 144 tables, charts and graphs that analyse quantify and forecast the MODU market in detail from 2012-2022 at the global level, four submarkets and for 7 regional markets. The analysis and forecasting ahs been reinforced by extensive consultation with industry experts. Two full transcripts of exclusive interviews are included from Friede & Goldman and Maxeler Technologies. The report also profiles 55 leading companies involved in the MODU market.
You will gain valuable insight into the future developments of the mobile offshore drilling unit market by ordering The MobileOffshore Drilling Units (MODU) Market 2012-2022 report.
For sample pages and further information concerning the Visiongain report The MobileOffshore Drilling Units (MODU) Market 2012-2022 please visit: http://www.visiongain.com/Report/788/The-Mobile-Offshore-Drilling-Units-%28MODU%29-Market-2012-2022
A.P. Moller Maersk Group
Aban Singapore Pte. Ltd
Abu Dhabi's National Drilling Company
African Petroleum Corporation
Agora Oil and Gas UK Ltd.
AGR Drilling Services
Asia Offshore Drilling Ltd.
Atlas Petroleum International
ATP East Med B.V.
ATP Oil & Gas Corporation
Atwood Oceanics Pacific Limited (AOPL)
Australian Worldwide Exploration
Avner Oil & Gas Exploration
Azerbaijan International Operating Company (AIOC)
Baruna Oil & Gas
BHP Billiton Petroleum (International Exploration) Pty Ltd.
Blue Crest Energy II LP.
Borders & Southern Petroleum
British American Offshore Limited
Brunei Shell Petroleum Sdn. Bhd. (BSP)
Buccaneer Energy Limited
Burullus Gas Company
Cabinda Gulf Oil Company
CGX Resources Inc.
Chariot Oil & Gas Limited
Chevron Canada Ltd.
China National Offshore Oil Company (CNOOC)
China National Petroleum Corporation (CNPC)
China Oilfield Services Ltd. (COSL)
China Petroleum and Chemical Corporation (Sinopec)
China Sonangol International Holding Ltd.
Chinook Energy Inc.
Clearwater Capital Partners
Cobalt International Energy Inc.
Coe Drilling Australia
Compañía Perforadora Mexico S.A.P.I. DE C.V.
Corridor Resources Inc.
COSCO Shipping Company Limited (COSCOL)
COSL Drilling Europe AS
Cove Energy Plc.
Critical Software Technologies
Crosco Integrated Drilling & Well Services
Cue Energy Resources
Daewoo Shipbuilding & Marine Engineering (DSME)
Damen Shipyards Group
Deep Offshore Borneo B.V.
Delba Perforadora Internacional S.A.
Desire Petroleum Plc.
Diamond Offshore Drilling
Dolphin Drilling Ltd.
Dragon Oil plc.
Drilling Technological Innovations
Drill-Quip Asia Pacific
Dynamic Offshore Resources
Egyptian Drilling Company (EDC)
Egyptian General Petroleum Corporation (EGPC)
Egyptian Natural Gas Holding
Eni Norge AS
Enigma Oil & Gas
Ensco International Inc.
Equion Energia Limited
Estaleiro Atlantico Sul
Estaleiro Jurong Aracruz
Etesco Construcoes E Comercio Ltd
Eurasia Drilling Company Ltd.
ExxonMobil Canada Ltd.
ExxonMobil Exploration & Production Malaysia Inc.
ExxonMobil Exploration & Production Philippines
Falkland Oil & Gas
Fernvale Pte. Ltd.
Fred. Olsen Energy ASA
Friede & Goldman (F&G Offshore)
Ghana National Petroleum Corporation (GNPC)
Global Petro Tech
Grup Servicii Petroliere SA (GSP)
Gujarat State Petroleum Corporation (GSPC)
Gulf Drilling International Ltd.
Gulf Marine Services
Husky Oil China
Hyuk Shin Machinery Co, Ltd.
Hyundai Heavy Industries (HHI)
Imperial Oil Resources Venture Limited
Japan Drilling Company (JDC)
Jindal Drilling & Industries (JDIL)
Joy Global Inc.
Keppel FELS Ltd.
Keppel Offshore & Marine
Khazar Oil Company
Korea National Oil Corporation (KNOC)
Kosmos Energy Ghana HC
Kuwait Foreign Petroleum Exploration Company
Lamprell Engineering Group
Land Oil & Gas
Large Diameter Drilling Ltd. (LDD)
Larsen & Toubro
Lukoil Overseas Cote d'Ivoire
M/S Drilling & Offshore
Malaysia Marine and Heavy Engineering
Marathon Oil Norge
Marine Drilling Companies, Inc.
Maritime Industrial Services
Milan Stock Exchange
Mitra Energy Ltd.
Murphy Exploration and Production Company
Nabors Industries Ltd.
National Drilling Company (NDC)
National Iranian Offshore Oil Company
National Iranian Oil Company
Neon Energy Ltd.
New Zealand Oil & Gas
Nippon Oil Exploration
NMA Maritime and Contractors
Noble Energy International
North Caspian Operating Company
Northern Gulf Petroleum Pte Ltd.
Northern Offshore Ltd.
Oando Energy Services Limited
Ocean Rig UDW
Odebrecht Perfurações Ltda.
Oil & Gas UK
Oil and Natural Gas Corporation (ONGC)
Origin Energy Australia
Osborne Resources Limited
Pan Ocean Oil Corporation
Pars Oil & Gas Company (POGC)
Pear Oil Offshore Ltd.
Petróleo Brasileiro S.A. (Petrobras)
Petróleos de Venezuela SA (PDVSA)
Petróleos Mexicanos (Pemex)
Philippine National Oil Company (PNOC)
Prospector Offshore Drilling S.A.
PTT Exploration and Production Plc. (PTTEP)
Queiroz Galvao Oleo e Gas (QGOG)
Ratio Oil Exploration
Rauma Repola Shipyard
Repsol Exploracion S.A.
Repsol Sinopec Brazil
Rialto Energy Ltd
RoC Oil Company Limited
Rowan Companies Inc.
Royal Dutch Shell Plc.
RWE Dea Norge
Sabre Oil & Gas Holdings
Samsung Heavy Industries (SHI)
Schahin Engenharia S.A.
Schoeller-Bleckmann Oilfield Equipment AG
Sea Dragon Energy Inc.
SeaWolf Oil Services Ltd.
Sete Brasil Participações S.A.
Sevan Marine ASA
Shanghai Shipyard Co., Ltd.
Shanghai Waigaoqiao Shipyard China
Shell Canada Energy
Shell Petroleum Development Company (SPDC)
Shell Philippines Exploration B.V.
Shell South Africa Upstream B.V.
Shemen Oil and Gas Resources Ltd.
Signet Maritime Corporation
Sillo Maritime Perdana
Simba Energy Inc.
Sinopec Star Petroleum Co., Ltd.
Sociedade Nacional de Combustíveis de Angola Empresa Pública (Sonangol)
Sonangol Exploration & Production
Standard & Poor's
Star Deep Water Petroleum Limited
State Oil Company of Azerbaijan (SOCAR)
Sterling Resources Ltd.
STX Offshore & Shipping
Svenska Petroleum Exploration
Talisman Energy Inc.
TTS Energy AS
TTS Group ASA
Tullow Ghana Ltd.
Tullow Oil plc.
Urca Drilling B.V.
Valiant Exploration Ltd.
Vanco Cote d'Ivoire
White Rose Energy
Wintershall Holding GmbH
Wintershall Noordzee B.V.
Wintershall Norway ASA
Wintershall UK North Sea Ltd.
Xcite Energy Resources ltd.
Yantai CIMC Raffles Shipyard Co. Ltd.
Yantai Raffles Offshore
YPF Guyana Limited
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