Power Rental Market Booming with Rising Power Demands

The rapidly developing economies in the world are driving need for constant supplies of power. This increasing need for power is being demanded by the continuous industrial growth, urbanization, and high living standards of the people. Power rental services play an important role in construction, quarrying, and mining industries. The global market was estimated to be $7,768 million in 2012 which is...

Wireline Services Market Reaping Benefits of Shifting Focus Towards Natural Gas Production

These are exciting times in the global oil & gas market, a market which is driven by technological breakthroughs and strong demand continues to grow strongly despite the global economic pressures. The long-term drivers of the oilfield services market are well known. The relentless depletion of onshore and shallow-water fields have compelled oil companies to focus on deep-water and unconventional...

Drivers for Water Desalination Equipment Market – An Overview

Desalination of the water is the process of removing large amount of minerals including salt from water. The water usually used for this process is saline or seawater, which is being processed to be used as a drinkable source of water. Water desalination has become the need of the hour with growing demand for clean drinking water. Considering the large sources of saline water on the earth – oceans,...

Completion Equipment Market Driven by New Discoveries & Activities – Brief Analysis

Completion equipments are required for injection or making the petroleum production ready for uninterrupted production. Growth in the global demand for energy is expected to give rise to the production and exploration activities in the oil and gas industry. major producers in the market are concentrating on the unconventional and offshore production activities. This sudden rise in the exploration activities...

Carbon Capture & Sequestration Market Review – Future Opportunities

Carbon capture and storage or carbon capture sequestration (CCS) aims to control emission of CO2 in large quantities, which can disrupt the environment. It captures the waste carbon dioxide from fossil fuel power plants and such large sources and deposits it where it will be prevented from entering into the elements. Carbon capture and sequestration market is witnessing remarkable investments. This...

Solid Oxide Fuel Cell Market Growing Thanks to Vast Applications

Solid oxide fuel cells (SOFCs) oxidize fuels to produce energy. These electrochemical conversion devices find vast applications across different industrial verticals. Advantages of the fuel cells include their higher efficiency, fuel flexibility, lower costs, environment friendly nature and stability. With all these characteristics of the products, the solid oxide fuel cell market is set to grow at...

Subsea Pumps Market Gaining with Changing Drivers – A Review

Subsea pumping involves various technologies and methods that promote offshore production of oil and gas without the help of surface production facilities. Rapid growth in demand for energy is the strongest driver for the increased exploration and drilling activities. It is also driving offshore exploration activities, which is expected to remain on the higher scale in the years to come. All these...

Oilfield Services Market Growing with Unconventional Explorations

Oilfield services majorly provide all the supporting service to the petroleum producing and exploration companies. They make sure that the production and exploration of the oil and gas is going smooth, despite the distance and locations. Growth in demand for petroleum products and technological advancements in the service segments are the strongest drivers for the global oilfield services market. The...

Oil and Gas Accumulators Market Growth Credited to Rising Energy Demand

The global petroleum or oil and gas industry plays a vital role in stabilizing the overall economic conditions of the world. Growth in the demand for petroleum products is triggered by the rising population, industrial activities, transportation and globalization. Rising demand for oil and gas is ultimately resulting into more exploration activities on global levels. Companies are getting involved...

Industrial Waste Management Market Driven by Huge Demand – An Overview

Industrial waste includes various byproducts produced by industrial activities. These products include paints, chemical solvents, metals, sand paper, paper products and most importantly, radioactive waste products. Management of industrial waste involves prevention, generation, monitoring, characterization, handling, reuse, treatment, and residual disposition of these products. Most countries use traditional...