Global Offshore Drilling Market Is Grow at a CAGR of 7.5% and Expected to Reach USD 152.47 Billion by 2026 from USD 79.53 Billion in 2017
Global Offshore Drilling Market is accounted for $79.53 billion in 2017 and is expected to reach $152.47 billion by 2026 growing at a CAGR of 7.5% during the forecast period. Some of the important aspects that driven the market growth are huge investments on new offshore reserves and increasing demand for oil and gas. However, the growth of offshore drilling market is inhibited by the regulations regarding environment and low oil prices. One of the major opportunities is the Arctic...
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