Product Code: ETC290500 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The UAE drilling services market is closely linked to the oil and gas industry, as well as geotechnical and environmental drilling. Drilling services encompass a wide range of activities, including exploration, extraction, and well maintenance. In the UAE, this market is influenced by global oil prices, government policies, and the need for efficient and safe drilling operations.
In the UAE, the Drilling Services Market is experiencing robust growth owing to the continuous exploration and production activities in the oil and gas sector. With the UAE being a key player in the global energy market, the demand for specialized drilling services remains high. Additionally, technological advancements in drilling techniques and equipment are further driving the market forward.
The UAE Drilling Services Market grapples with the challenge of maintaining a skilled and specialized workforce. The industry requires personnel with expertise in various drilling techniques and technologies, and attracting and retaining such talent can be demanding. Fluctuations in global oil prices significantly impact the market, influencing drilling activity levels and overall profitability. Furthermore, geopolitical tensions in the region can lead to uncertainties in project timelines and investment decisions. The market also faces pressure to adopt environmentally sustainable practices, necessitating investments in green technologies and compliance with stringent regulations.
The UAE drilling services market experienced a significant impact from the COVID-19 pandemic. With the global economic slowdown and reduced oil demand, many drilling projects were put on hold, causing a sharp decline in drilling services. Companies in this sector had to adapt by cutting costs, implementing safety measures, and diversifying into alternative energy sources to mitigate the pandemic`s adverse effects.
The UAE drilling services market is marked by the presence of industry leaders such as UAE Drilling Solutions and Emirates Oil & Gas Services. These companies offer a wide spectrum of drilling services, including oil well drilling, geotechnical drilling, and water well drilling. Their expertise and advanced equipment make them trusted partners in the energy and infrastructure sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 United Arab Emirates (UAE) Drilling Services Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Drilling Services Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Drilling Services Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 United Arab Emirates (UAE) Drilling Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Drilling Services Market Trends |
6 United Arab Emirates (UAE) Drilling Services Market, By Types |
6.1 United Arab Emirates (UAE) Drilling Services Market, By Service |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Service, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Directional Drilling, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Non-Directional Drilling, 2021-2031F |
6.2 United Arab Emirates (UAE) Drilling Services Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Onshore, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Offshore, 2021-2031F |
6.3 United Arab Emirates (UAE) Drilling Services Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Mining, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Water Exploration, 2021-2031F |
6.3.5 United Arab Emirates (UAE) Drilling Services Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Drilling Services Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Drilling Services Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Drilling Services Market Imports from Major Countries |
8 United Arab Emirates (UAE) Drilling Services Market Key Performance Indicators |
9 United Arab Emirates (UAE) Drilling Services Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Drilling Services Market Opportunity Assessment, By Service, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Drilling Services Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Drilling Services Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 United Arab Emirates (UAE) Drilling Services Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Drilling Services Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Drilling Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |