Read Online 2016 Top Markets Report Upstream Oil and Gas Equipment - U.S. Department of Commerce file in ePub
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Oil and gas analytics market size was over usd 4 billion in 2015 with forecast of 20% growth from 2016 to 2024. Oil and gas analytics, or oilfield analytics, leverages statistical methods and machine learning algorithms to provide big data insights and predictive analysis that operators and managers can use to accelerate innovation and maximize yield while minimizing risks.
Workforce impact: top three areas where digital most impacts the workforce respondents said digital’s biggest impact to date on the oil and gas workforce has been increased employee productivity. 56% 46% 40% 45% 25% 59%faster and better decisions real-time decision making increased engagement better asset management improved job training.
The global economy and oil markets are recovering from the historic collapse in demand caused by the coronavirus (covid-19) pandemic in 2020. The staggering inventory surplus that built up last year is being worked off and global oil stocks, excluding strategic reserves, will return to pre-pandemic levels in 2021.
However, increased oil production, rising oil prices and improved operator cash flow upstream investment going forward and lift the global artificial lift market over the since 2016 the market shares of both gas-lift and plunger-l.
Summary the profitability of oil and natural gas development activity depends on both the prices realized by producers and the cost and productivity of newly developed wells.
Conventional *our main outlook report, oil and gas report, and power and renewables economies, with the largest growth markets being. China, india of energy use in transportation in 2016; we forecast this to increas.
The report covers forecast and analysis for the oil and gas data management market on a global and regional level. The study provides historic data from 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (usd million).
Markets resulting from the ongoing production crisis affecting the sector (which as indicated in previous reports (kpmg, 2016 and 2018)5, hydrocarbons primarily in the upstream segment where most of the investments are needed;.
Global energy investment fell by 12% in 2016, the second consecutive year of decline, as increased spending on energy efficiency and electricity networks was more than offset by a continued drop in upstream oil and gas spending, according to the international energy agency’s annual world energy investment report.
Top markets series the international trade administration's top markets series is meant to help exporters determine their next export market by comparing opportunities across borders. Each report ranks future export opportunities within a particular industry based on a sector-specific methodology.
Data retrieval tools bls popular series series report top picks, one industries in the oil and gas extraction subsector operate and/or develop oil data series, 2016, 2017, 2018, 2019.
On the automotive gasoline market will remain quite tense until 2016-2017. •main challenge for russian gas industry is the access to the new markets. To develop gas production in russia, russian companies have to gain access to growing markets.
September 13, 2016 4:02 pm updated 5 years ago north american upstream oil and gas sector, which also helped china to take top spot for total energy the iea said shrinking investment could help the markets to rebalance.
Feb 12, 2019 the oil and gas sector recovered, especially the oil markets from the depths of the post 2014 downturn. Since 2016, oil prices have recovered from $40, reaching $67 in sep, the top oil and gas industry trends of 2019,.
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