Africa Coiled Tubing Market (Service Type-Well Intervention, Drilling, and Others; Application-Onshore and Offshore; Country-Algeria, Egypt, and Others) – Forecasts to 2019

 Published On: Apr, 2015 |    No of Pages: 76 |  Published By: MicroMarketMonitor | Format: PDF
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The Africa coiled tubing market is estimated to grow at a CAGR of 6.4% from 2014 to 2019. Although Algeria holds a larger share of the coiled tubing market, Egypt is growing at the highest rate. Ongoing and upcoming developments in offshore drilling and extensive shale exploration and production activities are growth opportunities for the coiled tubing service market. However, there is intense competition in the market, owing to the presence of several existing industry players that create barriers to entry. This hampers the growth of the market.

This report analyzes the coiled tubing (CT) services market on the basis of service type, application, and country. In terms of service, the report analyzes the market by types of services in various countries. In terms of country, the market is segmented into Algeria, Egypt, and other countries. The CT services included in this report are well intervention, CT drilling, and others. In order to enable a deeper understanding of the competitive landscape, the report profiles companies operating in the CT services market, including African oilfield service companies.

The African countries in which CT applications are most frequently used are Algeria and Egypt. Egypt is estimated to grow at a higher CAGR than Algeria for the next five years. The increasing energy demand has compelled exploration and production companies to shift their focus to unconventional hydrocarbon resources. The E&P activities for unconventional resources require oil field services to produce oil & gas and to make the operations economically viable. This is likely to drive the coiled tubing market. The Africa coiled tubing market is a highly competitive market, with a large number of market players. As of 2014, the Africa coiled tubing market is estimated to be dominated by Schlumberger Limited (U.S.), Halliburton (U.S.), Baker Hughes Inc. (U.S.), Weatherford International Ltd. (Switzerland), and Trican Well Service (Canada). New product launches and partnerships, agreements, collaborations, and joint ventures are the key strategies adopted by market players to achieve growth in the coiled tubing services market.

Reasons to Buy the Report:

This research report has focused on various levels of analysis—market share analysis of top players, supply chain analysis, and company profiles, which together comprise and outline the basic views on the competitive landscape, emerging and high-growth segments, high-growth regions and countries—with their respective regulatory policies, government initiatives, drivers, restraints, and opportunities of the coiled tubing market.

The report will enable both, established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn, will help them garner a larger market share. Firms purchasing the report could use any one or a combination of the below mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to strengthen their foothold in the market.

The report provides insights about the following points:

• Market Penetration: Comprehensive information on coiled tubing services offered by the top 10 players in the coiled tubing services market

• Product Development/Innovation: Detailed insights into upcoming technologies, research and development activities, and new product launches in the coiled tubing market

• Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the coiled tubing services market in various countries.

• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the coiled tubing market

• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the coiled tubing market

1 INTRODUCTION 10
1.1 OBJECTIVES OF THE STUDY 10
1.2 MARKET SEGMENTATION & COVERAGE 11
1.3 STAKEHOLDERS 12
2 RESEARCH METHODOLOGY 13
2.1 INTEGRATED ECOSYSTEM OF THE AFRICA COILED TUBING SERVICES MARKET 14
2.2 ARRIVING AT THE COILED TUBING SERVICES MARKET SIZE 15
2.2.1 TOP-DOWN APPROACH 15
2.2.2 BOTTOM-UP APPROACH 17
2.2.3 DEMAND SIDE APPROACH 18
2.2.4 MACRO INDICATOR-BASED APPROACH 19
2.3 ASSUMPTIONS 20
3 EXECUTIVE SUMMARY 21
4 MARKET OVERVIEW 23
4.1 INTRODUCTION 23
4.2 AFRICA COILED TUBING SERVICES MARKET: COMPARISON WITH PARENT MARKET,
2013 -2019 (USD MN) 23
4.3 DRIVERS AND INHIBITORS FOR THE AFRICA COILED TUBING MARKET 24
4.4 KEY MARKET DYNAMICS 25
4.5 DEMAND SIDE ANALYSIS 27
5 AFRICA COILED TUBING MARKET, BY SERVICES 28
5.1 INTRODUCTION 29
5.2 AFRICA COILED TUBING SERVICES MARKET, BY SERVICES 29
5.3 AFRICA WELL INTERVENTION SERVICES MARKET, BY COUNTRY 30
5.4 AFRICA DRILLING SERVICES MARKET, BY COUNTRY 31
5.5 SNEAK VIEW : AFRICA COILED TUBING, BY SERVICES 33
6 AFRICA COILED TUBING MARKET, BY APPLICATION 34
6.1 INTRODUCTION 35
6.2 AFRICA COILED TUBING MARKET IN ONSHORE, BY COUNTRY 36
6.3 AFRICA COILED TUBING MARKET IN OFFSHORE, BY COUNTRY 37

7 AFRICA COILED TUBING MARKET, BY COUNTRY 38
7.1 INTRODUCTION 39
7.2 ALGERIA COILED TUBING MARKET 40
7.2.1 ALGERIA COILED TUBING MARKET, BY APPLICATION 41
7.2.2 ALGERIA COILED TUBING MARKET, BY SERVICES 42
7.3 EGYPT COILED TUBING MARKET 44
7.3.1 EGYPT COILED TUBING MARKET, BY APPLICATION 44
7.3.2 EGYPT COILED TUBING MARKET, BY SERVICES 46
8 AFRICA COILED TUBING SERVICES MARKET: COMPETITIVE LANDSCAPE 48
8.1 COMPETITIVE LANDSCAPE 48
8.2 AFRICA COILED TUBING MARKET COMPANY SHARE ANALYSIS – 2013 48
8.3 NEW PRODUCT LAUNCH 49
8.4 NEW CONTRACTS 50
8.5 NEW TECHNOLOGY 50
8.6 ACQUISITIONS 51
8.7 OTHER DEVELOPMENTS 51
9 AFRICA COILED TUBING SERVICES MARKET, BY COMPANIES 52
(Overview, Financials, Products & Services, Strategy, and Developments)*
9.1 SCHLUMBERGER LTD. 52
9.2 BAKER HUGHES INC. 55
9.3 CALFRAC WELL SERVICES LTD. 59
9.4 HALLIBURTON CO. 62
9.5 TRICAN WELL SERVICES LTD. 65
9.6 AKER SOLUTIONS ASA 67
9.7 WEATHERFORD INTERNATIONAL PLC 70
*Details on overview, financials, product & services, strategy, and developments might not be captured in case of unlisted company
10 APPENDIX 73
10.1 RELATED REPORTS 73
10.2 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE 74
10.2.1 RT SNAPSHOTS 75

LIST OF TABLES

TABLE 1 GLOBAL COILED TUBING PEER MARKET SIZE, 2013 (USD MN) 16
TABLE 2 AFRICA COILED TUBING MARKET APPLICATION AREA, 2013 (USD MN) 18
TABLE 3 AFRICA NUMBER OF NEW WELLS, 2013 19
TABLE 4 AFRICA COILED TUBING SERVICES MARKET: COMPARISON WITH PARENT MARKET, 2013– 2019 (USD MN) 24
TABLE 5 AFRICA COILED TUBING MARKET: DRIVERS AND INHIBITORS 24
TABLE 6 AFRICA COILED TUBING MARKET, BY APPLICATION,2013 - 2019 (USD MN) 25
TABLE 7 AFRICA COILED TUBING MARKET SERVICES, BY COUNTRY, 2013 (USD MN) 26
TABLE 8 AFRICA COILED TUBING MARKET, BY COUNTRY, 2013 - 2019 (USD MN) 26
TABLE 9 AFRICA COILED TUBING MARKET: COMPARISON WITH APPLICATION MARKETS
2013-2019 (USD MN) 27
TABLE 10 AFRICA COILED TUBING SERVICES MARKET, BY SERVICE, 2013-2019 (USD MN) 30
TABLE 11 AFRICA WELL INTERVENTION SERVICES MARKET, BY COUNTRY, 2013-2019 (USD MN) 31
TABLE 12 AFRICA DRILLING SERVICES MARKET, BY COUNTRY, 2013-2019 (USD MN) 32
TABLE 13 AFRICA COILED TUBING MARKET, BY APPLICATION, 2013-2019 (USD MN) 35
TABLE 14 AFRICA COILED TUBING MARKET IN ONSHORE, BY COUNTRY, 2013-2019 (USD MN) 36
TABLE 15 AFRICA COILED TUBING MARKET IN OFFSHORE, BY COUNTRY, 2013-2019 (USD MN) 37
TABLE 16 AFRICA COILED TUBING ACTIVE FLEET COUNT, BY COUNTRY, 2012-2013 (UNITS) 39
TABLE 17 AFRICA COILED TUBING MARKET, BY COUNTRY, 2013-2019 (USD MN) 40
TABLE 18 ALGERIA COILED TUBING MARKET, BY APPLICATION, 2013-2019 (USD MN) 41
TABLE 19 ALGERIA COILED TUBING MARKET, BY SERVICES, 2013-2019 (USD MN) 43
TABLE 20 EGYPT COILED TUBING MARKET, BY APPLICATION, 2013-2019 (USD MN) 45
TABLE 21 EGYPT COILED TUBING MARKET, BY SERVICES, 2013-2019 (USD MN) 46
TABLE 22 AFRICA COILED TUBING SERVICES MARKET: COMPANY SHARE ANALYSIS, 2013 (%) 49
TABLE 23 SCHLUMBERGER LTD.: KEY FINANCIALS, 2009 – 2013 (USD MN) 52
TABLE 24 SCHLUMBERGER LTD. : MARKET REVENUE, BY BUSINESS SEGMENT, 2009 - 2013 (USD MN) 53
TABLE 25 SCHLUMBERGER LTD: MARKET REVENUE, BY GEOGRAPHIC SEGMENT, 2009-2013 (USD MN) 53
TABLE 26 BAKER HUGHES INC.: KEY FINANCIALS, 2009 - 2013 (USD MN) 56
TABLE 27 BAKER HUGHES INC.:MARKET REVENUE, BY BUSINESS SEGMENT, 2009-2013 (USD MN) 56
TABLE 28 BAKER HUGHES INC.: MARKET REVENUE, BY GEOGRAPHIC SEGMENT, 2009-2013 (USD MN) 56
TABLE 29 BAKER HUGHES: CT ACTIVE FLEET COUNT, BY GEOGRAPHY, 2012 – 2013 (UNITS) 57
TABLE 30 CALFRAC WELL SERVICES.: KEY FINANCIALS, 2010 -2014 (USD MN) 59
TABLE 31 CALFRAC WELL SERVICES.: MARKET REVENUE, BY BUSINESS SEGMENT, 2010 -2014 (USD MN) 60
TABLE 32 CALFRAC WELL SERVICES.: MARKET REVENUE, BY GEOGRAPHIC SEGMENT, 2010 -2014 (USD MN) 60
TABLE 33 HALLIBURTON CO.: KEY FINANCIALS, 2009 -2013 (USD MN) 62
TABLE 34 HALLIBURTON CO.:MARKET REVUNUE, BY BUSINESS SEGMENT, 2009 - 2013 (USD MN) 63
TABLE 35 HALLIBURTON CO.:MARKET REVENUE, BY GEOGRAPHIC SEGMENT, 2009 – 2013 (USD MN) 63
TABLE 36 TRICAN WELL SERVICE LTD.: KEY FINANCIALS, 2009-2013 (USD MN) 65
TABLE 37 TRICAN WELL SERVICE LTD.:MARKET REVENUE, BY GEOGRAPHY SEGMENT, 2009 -2013 (USD MN) 66
TABLE 38 AKER SOLUTIONS ASA.: KEY FINANCIALS, 2010 - 2014 (USD MN) 68
TABLE 39 AKER SOLUTIONS ASA.: MARKET REVENUE, BY BUSINESS SEGMENTS, 2010 - 2014 (USD MN) 68
TABLE 40 AKER SOLUTIONS ASA.: MARKET REVENUE, BY GEOGRAPHIC SEGMENTS, 2010 - 2014 (USD MN) 68
TABLE 41 WEATHERFORD INTERNATIONAL PLC.: KEY FINANCIALS, 2009-2013, (USD MN) 70
TABLE 42 WEATHERFORD INTERNATIONAL PLC.: MARKET REVENUE, BY BUSINESS SEGMENTS, 2009 - 2013 (USD MN) 71
TABLE 43 WEATHERFORD INTERNATIONAL PLC.: MARKET REVENUE, BY GEOGRAPHIC SEGMENTS, 2009 - 2013 (USD MN) 71

LIST OF FIGURES

FIGURE 1 AFRICA COILED TUBING SERVICES MARKET: SEGMENTATION & COVERAGE 11
FIGURE 2 AFRICA COILED TUBING SERVICES MARKET: INTEGRATED ECOSYSTEM 14
FIGURE 3 RESEARCH METHODOLOGY 15
FIGURE 4 TOP-DOWN APPROACH 16
FIGURE 5 BOTTOM-UP APPROACH 17
FIGURE 6 DEMAND SIDE APPROACH 18
FIGURE 7 MACRO INDICATOR-BASED APPROACH, NUMBER OF NEW WELLS 19
FIGURE 8 AFRICA COILED TUBING SERVICES MARKET SNAPSHOT, 2013 22
FIGURE 9 AFRICA COILED TUBING MARKET, BY APPLICATION, 2014 VS 2019 25
FIGURE 10 AFRICA COILED TUBING MARKET SERVICES, BY COUNTRY, 2013 (USD MN) 26
FIGURE 11 AFRICA COILED TUBING MARKET, BY SERVICES, 2014-2019 (USD MN) 29
FIGURE 12 AFRICA WELL INTERVENTION SERVICES MARKET, BY COUNTRY, 2013-2019, (USD MN) 30
FIGURE 13 AFRICA DRILLING SERVICES MARKET, BY COUNTRY, 2013-2019, (USD MN) 31
FIGURE 14 AFRICA COILED TUBING MARKET, BY APPLICATION, 2014-2019 (USD MN) 35
FIGURE 15 AFRICA COILED TUBING MARKET IN ONSHORE, BY COUNTRY, 2013-2019 (USD MN) 36
FIGURE 16 AFRICA COILED TUBING MARKET IN OFFSHORE, BY COUNTRY, 2013-2019 (USD MN) 37
FIGURE 17 AFRICA COILED TUBING MARKET: GROWTH ANALYSIS, BY COUNTRY, 2014-2019 (USD MN) 39
FIGURE 18 ALGERIA COILED TUBING MARKET OVERVIEW 2014 & 2019(%) 40
FIGURE 19 ALGERIA COILED TUBING MARKET, BY APPLICATION, 2013-2019 (USD MN) 41
FIGURE 20 ALGERIA COILED TUBING MARKET: APPLICATION SNAPSHOT, 2014-2019 (USD MN) 42
FIGURE 21 ALGERIA COILED TUBING MARKET, BY SERVICES, 2013-2019 (USD MN) 42
FIGURE 22 ALGERIA COILED TUBING MARKET SHARE, BY SERVICES, 2014-2019 (%) 43
FIGURE 23 EGYPT COILED TUBING MARKET, OVERVIEW, 2014 & 2019(%) 44
FIGURE 24 EGYPT COILED TUBING MARKET, BY APPLICATION, 2013-2019 (USD MN) 44
FIGURE 25 EGYPT APPLICATION MARKET: APPLICATION SNAPSHOT, 2014-2019 (USD MN) 45
FIGURE 26 EGYPT COILED TUBING MARKET, BY SERVICES, 2013-2019 (USD MN) 46
FIGURE 27 EGYPT COILED TUBING MARKET SHARE, BY SERVICES, 2014-2019 (%) 47
FIGURE 28 AFRICA COILED TUBING MARKET SHARE ANALYSIS -2013 48
FIGURE 29 SCHLUMBERGER LTD.: REVENUE MIX 2013(%) 52
FIGURE 30 BAKER HUGHES INC.: REVENUE MIX 2013(%) 55
FIGURE 31 CALFRAC WELL SERVICES LTD.: REVENUE MIX 2014(%) 59
FIGURE 32 HALLIBURTON CO.: REVENUE MIX 2013 (%) 62
FIGURE 33 TRICAN WELL SERVICES LTD.: REVENUE MIX 2013 (%) 65
FIGURE 34 AKER SOLUTIONS ASA.: REVENUE MIX 2014 (%) 67
FIGURE 35 WEATHERFORD INTERNATIONAL PLC.: REVENUE MIX, 2013(%) 70


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