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Market Avenue 2009 Report on China's Oil-Field Engineering Service Market
Description
The global oil-field engineering service market has grown ceaselessly since the beginning of the 21st century, and the
engineering service companies in the sector have also been growing their business and increasing their revenue
continuously. Particularly since 2005, the increasing global demand for petroleum and natural gas and the soaring prices
of crude oil in the international market have stimulated oil companies to make more effort to increase their output, with the
result that the growth rate of the oil-field engineering service market and the revenue of the oil-field engineering service
companies hit historical records in the past three years.
In China, on the other hand, the consumption of petroleum increased drastically due to the rapid growth of the country's
economy. But the hysteretic growth of engineering ability, the newly-found oil fields and some other factors have pushed
up the cost of the petroleum sector. In addition, engineering services have been provided according to demand in the
open market. Therefore oil-field engineering service companies have got great opportunities to grow.
Specifically, those oil-field engineering service companies under PetroChina, Sinopec and CNOOC hold most of the
market. The top end of the market, however, is taken mainly by Schlumberger, Halliburton, and Baker Hughes.
This report gives a complete analysis of China's oil-field engineering service market by elaborating on the industrial chain,
supply and demand, niche markets, competitive landscape, outlook and opportunities and risks of investing in the market.
Table of Contents
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Market Avenue 2009 Report on China's Oil-Field Engineering Service Market
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Market Avenue 2009 Report on China's Oil-Field Engineering Service Market
Selected Charts
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