Middle East & Africa enhanced oil recovery market was valued at $ 2.12 billion in 2016, and is projected to grow at a CAGR of over 10%, in value terms, during 2017-2022, to reach $ 4.29 billion by 2022. Enhanced oil recovery came into focus in the Middle East in 2000 when the production of crude oil in the region began to decline due to ageing oilfields, which have been producing for more than 40 years. Crude oil in the Middle East region has high viscosity and low recovery factor of 30%. Industrial growth, slow economic growth/recession, crude oil prices, etc., are anticipated to drive the market in the coming years. Other major factors influencing the growth of Middle East & Africa enhanced oil recovery market are maturing oilfields, upcoming/ongoing EOR projects, year on year change in energy consumption pattern and anticipated change in oil demand until 2022. This presents the need for implementation of tertiary methods that can increase the recovery rate to as high as 75%.

Years considered for this report:

Historical Years: 2012-2015

Base Year: 2016

Estimated Year: 2017

Forecast Period: 2017–2022

Objective of the Study:

  • The primary objective of the study was to understand and gain insights about the Middle East & Africa enhanced oil recovery market and its segmental analysis, by type, by onshore Vs. off shore, by country share and forecast its market through 2022.
  • To categorize and forecast the Middle East & Africa enhanced oil recovery market by onshore Vs. offshore. 
  • To categorize and forecast the Middle East & Africa enhanced oil recovery market by type such as thermal, miscible gas, chemical, & others. 
  • To estimate, calculate and forecast market size for the Middle East & Africa enhanced oil recovery market, in terms of value and volume.
  • To strategically profile the leading manufacturers, distributors and importers in the market, which cater to the Middle East & Africa enhanced oil recovery market.

 

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Few of the leading players in the Middle East & Africa enhanced oil recovery market include Schlumberger Limited, BP P.L.C., Saudi Aramco, Petroleum Development Oman, China National Offshore Oil Corporation, Linde AG and Abu Dhabi National Oil Company.

TechSci Research carried out the Middle East & Africa enhanced oil recovery market study by considering various aspects of the Middle East & Africa enhanced oil recovery market. In the beginning of the Middle East & Africa enhanced oil recovery market study, a brief study was conducted to understand each aspect of market outlook such as drivers, challenges, market trends and various other major factors affecting the market. Moreover, an in-depth analysis was done to understand the Middle East & Africa enhanced oil recovery market scenario and to gauge the competitive scenario. Afterwards, a detailed scrutiny of by onshore Vs. offshore, by type, and by country markets for the Middle East & Africa enhanced oil recovery market was conducted. In order to extract data for the Middle East & Africa enhanced oil recovery market, primary research surveys were conducted with key opinion leaders, enhanced oil recovery solution providers, field operators, oilfield services companies, distributors, and channel partners to understand historical and present trends. 

Considering the assumptions, TechSci research dedicated team of industry experts has comprehensively monitored and analyzed various aspects of the Middle East & Africa enhanced oil recovery market. TechSci research team has analysed various segments and speculated a positive future for the Middle East & Africa enhanced oil recovery market and subsequent countries. Also, various secondary sources were utilized for preparing this report such as directories, databases such as company annual reports, financial reports, proprietary databases, among others.

 

Key Target Audience:

  • Enhanced oil recovery solution providers, field operators, oilfield services companies, distributors, and channel partners, EPC contractors and sub-contractors
  • Customers (national oil companies, oil & gas multinationals)
  • Research organizations and consulting companies
  • Associations, organizations, forums and alliances related to enhanced oil recovery technologies
  • Government bodies such as regulating authorities and policy makers

The study is useful in providing answers to past, current and future adoption of enhanced oil recovery technologies and solutions in the Middle East & Africa enhanced oil recovery market. This study helps in analyzing specific country adoption trend of enhanced oil recovery solutions, which are useful for industry stakeholders, such as enhanced oil recovery solution providers, field operators, oilfield services companies, distributors, and channel partners, EPC contractors and sub-contractors, regulatory bodies, and customers (national oil companies, oil & gas multinationals).

Report Scope:

In this report, the Middle East & Africa enhanced oil recovery market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, By Application:
    • Onshore
    • Offshore
  • Market, By Type:
    • Thermal
    • Miscible Gas
    • Chemical
    • Others
  • Market, By Country:
    • Saudi Arabia
    • UAE
    • Kuwait
    • Nigeria
    • Angola
    • Oman
    • Rest of Middle East & Africa

Competitive Landscape

Competition Benchmarking: Benchmarking of leading players on the basis of product portfolio.

Company Profiles: Detailed analysis of the major companies operating in the Middle East & Africa enhanced oil recovery market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to company’s specific needs. The following customization options are available for the report:

Channel Partner Analysis

  • Detailed list of distributors and dealers across all major countries.

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
In case of you can’t find what you are looking for then please get in touch with our custom research team at [email protected]

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

1.       Product Overview

2.       Research Methodology

3.       Analyst View

4.       Enhanced Oil Recovery Economic Model

4.1.    Economic Model

4.2.    EOR Recovery & Risks

4.3.    Financial Assumptions

5.       Global Enhanced Oil Recovery Market Outlook

5.1.    Global Enhanced Oil Recovery Market Overview

5.2.    Industry Structure & Stakeholders

5.3.    Market Size & Forecast

5.3.1.By Value & Volume

6.       Middle East & Africa Enhanced Oil Recovery Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value and Volume

6.2.    Market Size & Forecast

6.2.1.By Type (Thermal, Chemical, Miscible Gas & Others)

6.2.2.By Onshore Vs. Offshore

6.2.3.By Country

6.2.3.1.   Saudi Arabia Enhanced Oil Recovery Market Outlook

6.2.3.2.   UAE Enhanced Oil Recovery Market Outlook

6.2.3.3.   Oman Enhanced Oil Recovery Market Outlook

6.2.3.4.   Kuwait Enhanced Oil Recovery Market Outlook

6.2.3.5.   Angola Enhanced Oil Recovery Market Outlook

6.2.3.6.   Nigeria Enhanced Oil Recovery Market Outlook

6.2.3.7.   Rest of Middle East & Africa Enhanced Oil Recovery Market Outlook

7.       Market Dynamics

7.1.    Drivers

7.2.    Challenges

8.       Market Trends & Developments

8.1.    Use of Microorganisms for Enhanced Oil Recovery

8.2.    Utilization of Solar Energy for Steam Flooding in Maturing Fields

8.3.    Use of Robotics for Enhanced Oil Recovery

8.4.    Treatment of Low Saline Water to conduct Thermal Enhanced Oil Recovery

8.5.    Development in Enhanced Oil Recovery Techniques for Unconventional Resources

8.6.    Higher Viscosity and Larger Slug Size Polymer Flooding for Heavy Oil Recovery

9.       Competitive Landscape

9.1.    Competition Matrix

9.2.    Company Profiles

9.2.1.Schlumberger Limited

9.2.2.BP P.L.C.

9.2.3.Saudi Aramco

9.2.4.Petroleum Development Oman

9.2.5.China National Offshore Oil Corporation

9.2.6.Linde AG

9.2.7.Abu Dhabi National Oil Company

 

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]

  • List of Figures

     

    Figure 1: Global Crude Oil Production and Demand, 2012-2022F (Mb/day)

    Figure 2: Global Crude Oil Price (USD/Barrel) and Year-on-Year (YoY) Change (%), 2012-2022F

    Figure 3: Enhanced Oil Recovery Industry Structure and Stakeholders

    Figure 4: Global Enhanced Oil Recovery Market Size, By Value (USD Billion), By Volume (Billion Barrel/ Year), 2012-2022F

    Figure 5: Middle East & Africa Crude Oil Consumption, 2012-2022F (Mb/day)

    Figure 6: Middle East & Africa Crude Oil Production, 2012-2022F (Mb/day)

    Figure 7: Middle East & Africa Enhanced Oil Recovery Market Size, By Value (USD Billion), By Volume (Billion Barrel/Year), 2012-2022F

    Figure 8: Middle East & Africa Enhanced Oil Recovery Market Share, By Type, By Value, 2012-2022F

    Figure 9: Middle East & Africa Enhanced Oil Recovery Market Share, By Onshore Vs. Offshore, By Value, 2012-2022F

    Figure 10: Middle East & Africa Onshore Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 11: Middle East & Africa Offshore Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 12: Middle East & Africa Enhanced Oil Recovery Market Share, By Country, By Value, 2012-2022F

    Figure 13: Saudi Arabia Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 14: Saudi Arabia Crude Oil Production (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 15: Saudi Arabia Crude Oil Consumption (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 16: UAE Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 17: UAE Crude Oil Production (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 18: UAE Crude Oil Consumption (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 19: Oman Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 20: Oman Crude Oil Production (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 21: Oman Crude Oil Consumption (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 22: Kuwait Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 23: Kuwait Crude Oil Production (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 24: Kuwait Crude Oil Consumption (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 25: Angola Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 26: Angola Crude Oil Production (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 27: Angola Crude Oil Consumption (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 28: Nigeria Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 29: Nigeria Crude Oil Production (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 30: Nigeria Crude Oil Consumption (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 31: Rest of Middle East & Africa Enhanced Oil Recovery Market Size, By Value, 2012-2022F (USD Billion)

    Figure 32: Rest of Middle East & Africa Crude Oil Production (Mb/day) and Y-o-Y Growth (%), 2012-2016

    Figure 33: Rest of Middle East & Africa Crude Oil Consumption (Mb/day) and Y-o-Y Growth (%), 2012-2016