Escalating Need for Energy Fuels Global Oil and Gas Hydraulic Equipment Market
Over the past decade or so, the demand for energy has grown tremendously, boosting oil and gas exploration and production. Companies within the industry have been in search of new conventional and nonconventional reservoirs and investing in drilling technologies to keep up with the mounting energy demand. Newer technologies that can be used under water have been developed off late, allowing companies to perform drilling operations at greater depths. The rise in oil and gas exploration activities in offshore and...
View full press release