Drilling Fluids Market- Steady Growth and its Consequences on Global Economy

Drilling fluid holds importance in geotechnical engineering and especially in the drilling of natural gas and oils. This fluid is used as an aid to the drilling process of boreholes into the earth and also during exploration of drilling rigs. Both drilling along with completion fluids are essential for completing the exploration and drilling activities. Changes in the number of drilling activities...

Increasing Global Demand Driving Smart Meter Market

Advancements in metering technology have increased customer expectations in terms of their extensive applications in different paths of life. Increasing demand for smart meter technology is promoting manufacturers to innovate and serve potential demands of the customers. Smart meters are largely used for tracking consumption of gas, electricity, water and all the other utility services. The technology...

Three Factors Driving Global Offshore Support Vessel Market

Platform support vessels or offshore support ships are designed to deliver resources to offshore oil platforms. Ranging from 20 meters to 100 meters in length, these ships are known for their multitasking abilities. However, transportation of goods and staff from offshore oil reserves to oil platform is their prime duty. Line of large scale of developments is the biggest driver for the global offshore...

Fuel Cell Technology Market Focuses on Early Market Applications

Versatility and increasing area of applications are the two prominent reasons for growing fuel cell technology market. Fuel cells are a type of device that help conversion of chemical energy from fuels to electric energy. They share distinct similarities with batteries. However, they are supplied with fuel sources from outside, which make them, resemble with engines. Fuel cells are available in variety...

Greater Investments to Boost Global Power Grid System Market

  Subsea technologies largely depend on a variety of its components including underwater geology, mining, marine biology, offshore oil and gas developments and wind power. Growing demand for energy is a global phenomenon. Increasing production of offshore oil wells and growing rate of exploration in the market are serving as the driving factors for the global power grid systems market. Power grids...

Achieve Beyond the Ordinary Prospects in Transformer Oil Market

Transformer or insulation oil is extremely refined oil that remains stable even at increased temperatures. It also has super electrical insulating properties. As a result, transformer oil has numerous applications in the oil-filled electrical transformers. Transformer oil is also called as dielectric oil. The primary function of this oil is to cool down the electric windings and transformers. Transfer...

Artificial Lift Technology- A Great Solution for Low Reservoir Pressure

The artificial mean of increasing fluidity of certain liquids is known as artificial lift. Various mechanical devices such as velocity strings and pumps achieve artificial fluidity of the liquids. Artificial lift provides the required amount of pressure in low reservoir pressure, which brings the crude oil to the surface, making it easy to collect. As it increases the natural flow of the liquids, they...

Transformer Oil Market Trends- Higher Demands for Bio-Based Oils

Transformer oil market is showing steady growth since past few years. It is a great sign of recovery from the recession years. Transformer oil is highly used in oil-filled electrical transformers. A dielectric fluid, transformer oil works as an insulating and cooling medium in electrical transformers. Most sources of transformer oil have great opportunities for growth on global emerging markets. Apart...

Oilfield Rental Market Analysis Shows Great Future Trends

Oilfields are extended across several hundred kilometers, which requires specialized equipments and machinery to perform the drilling proceedings. The global oilfield equipment market is going through a huge change in terms of growth and profit due to increased demands on global platform. Along with the increased demands for crude oil, there is raise in the demand for oilfield rental equipments that...

Well Intervention Market to Reach $17.48 Billion By 2018 at a CAGR of 11.9%

The CMFE practice at MarketsandMarkets is pleased to announce its Analyst Briefing Presentation on the “Well Intervention Market, By Service Types (Logging & Bottom Hole Survey, Tubing/Packer Failure & Repair, Stimulation, Artificial Lift, Others), Application Areas (Onshore & Offshore), and Geography – Global Trends & Forecast To 2018”. The briefing will cover an overview...