- In May 2021, Schlumberger and NOV formed a strategic partnership to boost the adoption of automated drilling solutions among drilling contractors and oil & gas operators. This collaboration aims to enhance safety, automate manual workflows, and increase the efficiency of drilling operations
- In November 2020, The Industrialization and Energy Services Company (TAQA) enhanced its oilfield chemicals capabilities by acquiring a 25% stake in OPT Petroleum Technologies Company Limited
Frequently Asked Questions
The market is segmented based on Segmentation, By Application (Primary Cementing, Secondary Cementing, Formation Damage, Well Stimulation, Workover Operations, and Others), Well Type (Onshore Wells, and Offshore Wells), End-User (Oil & Gas Industry, Geothermal Energy, Mining, and Others), Distribution Channel (Direct Sales, Distributors, Online Platforms, and Others)– Industry Trends and Forecast to 2031
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The Global Plugging Agents Oilfield Chemicals Market size was valued at USD 110.90 USD Million in 2023.
The Global Plugging Agents Oilfield Chemicals Market is projected to grow at a CAGR of 5.6% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, Rest of South America.
