Norway and Brazil are the largest markets for subsea drilling in the world. Between 2020 and 2023, Norway accounted for one third of subsea tree installations. Meanwhile, Brazil is expected to account for 22 percent of the worldwide SURF market by the end of 2024. Overall, annual spending in the subsea drilling market is forecast to reach around 42 billion U.S. dollars by 2027.
Status quo and outlook of the subsea drilling market within the worldwide oilfield service industry as of 2024
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Rystad Energy. (August 12, 2024). Status quo and outlook of the subsea drilling market within the worldwide oilfield service industry as of 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1490530/global-subsea-oil-and-gas-drilling-market-key-facts/
Rystad Energy. "Status quo and outlook of the subsea drilling market within the worldwide oilfield service industry as of 2024." Chart. August 12, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1490530/global-subsea-oil-and-gas-drilling-market-key-facts/
Rystad Energy. (2024). Status quo and outlook of the subsea drilling market within the worldwide oilfield service industry as of 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1490530/global-subsea-oil-and-gas-drilling-market-key-facts/
Rystad Energy. "Status Quo and Outlook of The Subsea Drilling Market within The Worldwide Oilfield Service Industry as of 2024." Statista, Statista Inc., 12 Aug 2024, https://www.statista.com/statistics/1490530/global-subsea-oil-and-gas-drilling-market-key-facts/
Rystad Energy, Status quo and outlook of the subsea drilling market within the worldwide oilfield service industry as of 2024 Statista, https://www.statista.com/statistics/1490530/global-subsea-oil-and-gas-drilling-market-key-facts/ (last visited November 22, 2024)
Status quo and outlook of the subsea drilling market within the worldwide oilfield service industry as of 2024 [Graph], Rystad Energy, August 12, 2024. [Online]. Available: https://www.statista.com/statistics/1490530/global-subsea-oil-and-gas-drilling-market-key-facts/
