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Growth of Offshore Oil and Gas Seismic Equipment and Acquisitions Market to be Impacted by the Rise in Deepwater and Ultra-Deepwater E&P Projects | Technavio

February 5, 2020 GMT
Growth of Offshore Oil and Gas Seismic Equipment and Acquisitions Market to be Impacted by the Rise in Deepwater and Ultra-Deepwater E&P Projects | Technavio
Growth of Offshore Oil and Gas Seismic Equipment and Acquisitions Market to be Impacted by the Rise in Deepwater and Ultra-Deepwater E&P Projects | Technavio

LONDON--(BUSINESS WIRE)--Feb 5, 2020--

The report, offshore oil and gas seismic equipment and acquisitions market 2020-2024 has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on geographic regions and technology for the forecast period 2020-2024.

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Technavio has announced its latest market research report titled global offshore oil and gas seismic equipment and acquisitions market 2020-2024 (Graphic: Business Wire)

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The report on the offshore oil and gas seismic equipment and acquisitions market includes:

Offshore Oil and Gas Seismic Equipment and Acquisitions Market Analysis and Forecast 2020-2024: Features

Offshore Oil and Gas Seismic Equipment and Acquisitions Market 2020-2024: Competitive Landscape

Offshore Oil and Gas Seismic Equipment and Acquisitions Market Landscape 2020-2024: Geographic Landscape

Offshore Oil and Gas Seismic Equipment and Acquisitions Market Landscape 2020-2024: Technology

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Rise in deepwater and ultra-deepwater E&P projects will drive the offshore oil and gas seismic equipment and acquisitions market

Offshore wells are gaining prominence among oil and gas companies for oil and gas E&P activities. This is due to the shift in focus from shallow waters to deepwater and ultra-deepwater resources to large untapped reserves. The increase in deepwater and ultra-deepwater projects is expected to boost investments in offshore E&P activities, which will propel the demand for offshore oil and gas seismic equipment and acquisitions.

Increasing adoption of 4D seismic survey technology – An emerging trend in the offshore oil and gas seismic equipment and acquisitions market

Vendors are using 4D seismic methods over 2D and 3D seismic techniques to improve the quality of geological structure data. 4D seismic methods benefit E&P activities by helping in the identification of hydrocarbon reserves. They also improve the image quality of the potential hydrocarbon reservoir by simultaneously monitoring the combination of 3D seismic techniques. The adoption of 4D seismic technology will continue to increase as it offers higher accuracy and high-quality data.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

MARKET SIZING

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CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

MARKET TRENDS

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20200205005416/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

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UK: +44 203 893 3200

Email:media@technavio.com

Website:https://www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: OIL/GAS ENERGY

SOURCE: Technavio Research

Copyright Business Wire 2020.

PUB: 02/05/2020 12:00 PM/DISC: 02/05/2020 12:01 PM

http://www.businesswire.com/news/home/20200205005416/en