OIL and GAS Market

  Rising demand for precious metals such as gold, platinum, titanium, and silver and matured hydrocarbon reserves along with reduced rig count is expected to drive global geophysical services market through 2024 According to TechSci Research report,  “ Global  Geophysical Services Market  By   Technology, By Type, By Services, By End User, By Region, Competition, Forecast & Opportunities, 2024 ” , the global geophysical services market is projected to cross $ 16 billion by 2024. Geophysical services are witnessing increasing adoption on account of growing investments in mineral & mining industries, rising instability in crude oil prices and increasing demand of aerial-based geophysical surveys. Moreover, the matured hydrocarbon reserves are impelling the oil & gas exploration activities . Furthermore, the improvement in crude oil prices are expected to bring new project, that are likely to propel the demand for geophysical surveys, therefore driving the global geophysical s

  Increase in Natural Gas Production and Focused Plan to Begin Production from Unconventional Reserves  in the Country is expected to drive the Oil Field Services Market. According to TechSci Research report, “ Oil Field Service Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F ” ,  key factors attributed to the growth of the market are reduced cost of oilfield services and increased production output. This increase in growth is linked to rising domestic oil demand, which continues to represent the most lucrative market for global oilfield service providers. Based on Service Type, drilling services   is the dominant segment in Global Oil Field Service Market. In the coming years, the demand for drilling services is anticipated to increase significantly due to the expansion of E&P activities in the offshore region. Directional drilling, coiled tubing, and re-entry, measurement and logging while drilling, reservoir navigation services, casing/liner

Increasing PNG Connections and CNG Stations are Expected to Drive the Market According to TechSci Research report   “ India City Gas Distribution Market   -  By Region, Competition, Forecast & Opportunities, 2028F”,  India City Gas Distribution Market is  expected to register robust  growth during the forecast period 2024-2028 .   The market is anticipated to expand as a result of the increased demand for natural gas from end user segments in the automotive, industrial, commercial, and residential sectors. Due to the Government of India's progressively encouraging activities in the CGD sector, more businesses are being permitted and awarded licenses in Rounds 9 and 10 to operate in the CGD industry in various regions around the country. India is rapidly expanding its market for the easy distribution of city gas. From its 35 geographic regions in the early 2000s, India has access to city gas in more than 90 geographic  areas, as of 2019, and is prepared to have access to more th