In the recent report on oilfield equipment, the leading market research company Research and Markets declared that the global rental market of oilfield equipment is projected to grow at a CAGR of 3.87 per cent from 2017 to 2022, with reaching a market size worth US$20.55bn by 2022
Exploration & Production
BP Statistical Review highlights Middle East oil production dominance
The Middle East remained the world’s largest oil-producing region in 2016, according to BP’s newly released BP Statistical Review of World Energy 2017