OIL and GAS Market

High-end investments in research & development activities by market players and rise in offshore exploration & production of hydrocarbon are expected to drive the demand of Singapore bunker fuel market through the forecast period, 2023-2027. According to TechSci Research report,  “ Singapore Bunker Fuel Market  By Type (High Sulfur Fuel Oil, Low Sulfur Fuel Oil, Marine Gasoil, and Others), By Commercial Distributor (Oil Majors, Large Independent, and Small Independent), By Application (Container, Bulk Carrier, Oil Tanker, General Cargo, Chemical Tanker, Fishing Vessels, Gas Tankers, and Others), By Region, Competition Forecast & Opportunities, 2027 ” , the Singapore bunker fuel market is expected to witness a growth of steady CAGR in the forecast period, 2023-2027. Transportation of essential commodities using marine routes and the imposition of strict environmental regulations are the primary factors driving the demand for clean bunker fuels across the country. An increase

High upstream investments and increasing demand for oil and oil-based products are driving the demand for United States spacer fluid market through the forecast period, 2023-2027. According to TechSci Research report,  “ Spacer Fluid Market  – United States Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 ” , the United States spacer fluid market is expected to grow at an impressive CAGR in the forecast period, 2023-2027. Increasing investments in exploration and production of oil & gas and advancements in well cementing are the significant factors driving the demand of the United States spacer fluid market. The launch of nanotechnology in the spacer fluid market in the oil & gas industry has increased the precision in activities. With growing adoption in the energy industry, the United States spacer fluid market needs to advance the existing infrastructure. Due to the ongoing advancements, novel latex spacer fluid was developed with an aim to improve the ceme

Rapid industrialization and urbanization in developing countries and ongoing offshore drilling activities are driving the growth of global oil & gas perforatory services market in the forecast period, 2023-2027. According to TechSci Research report,  “ Oil & Gas Perforatory Services Market  - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 ” ,  the global oil & gas perforatory services market is anticipated to grow at a steady CAGR in the forecast period, 2023-2027. The perforation process involves introducing a perforating gun in the wellbore by lowering it to planned depth and firing the shaping charges. The firing of shaping charges creates an explosion to create holes and tunnels through the casing for the reservoir fluid to grow in the well. There are two types of well perforation: underbalance perforation and overbalance perforation. An increase in oil & gas drilling activities, rise in shale gas extraction, and growing investments for the

  The rise in the rig count and advancement in 4D seismic survey technologies is expected to drive the Global Rigless Intervention Systems Market. According to TechSci Research report, “ Global Rigless Intervention Systems Market - By Region, Competition, Forecast &  Opportunities, 2028 ” , the  Global Rigless Intervention Systems Market is expected   increase during the forecast period, owing to growing exploration and production of onshore and offshore oil and gas reserves.. Rigless intervention techniques, which do not involve a standard rig, include hydraulic work over, wireline, and coiled tubing. The capacity of these devices to carry out downhole operations in already producing wells is anticipated to drive market expansion over the anticipated timeframe. The gradual increase in onshore and offshore drilling projects, particularly in the Gulf of Mexico, is primarily responsible for the rise in rig counts.  North America had 779 land oil and gas rigs as of April 2022. The tot