Global Oil and Gas Services Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Oil and Gas Services market size was valued at US$ 190730 million in 2024 and is forecast to a readjusted size of USD 237460 million by 2031 with a CAGR of 2.9% during review period.

Oil and gas services refer to a wide range of specialized activities, products, and solutions provided to support the exploration, production, transportation, and refining of oil and natural gas resources. These services are essential for the entire oil and gas industry value chain, from the initial exploration and drilling stages to the final delivery of refined products to consumers. Oil and gas services encompass a diverse set of activities, including engineering, technical expertise, equipment rental, consulting, and more.

Geopolitics and energy security are key drivers. For example, the increasing push for energy independence in various countries can spur investment in domestic oil and gas production.

Market growth is also tied to the demand from emerging economies in Asia-Pacific, Africa, and Latin America, where oil and gas reserves are still underexplored.

The market for oil and gas services related to sustainability is expanding, particularly as companies seek to lower emissions, improve efficiency, and invest in cleaner technologies.

Carbon capture, utilization, and storage (CCUS) services are gaining traction, alongside services supporting the shift to cleaner fuels and renewable energy integration (e.g., hydrogen, biofuels).

This report is a detailed and comprehensive analysis for global Oil and Gas Services market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Oil and Gas Services market size and forecasts, in consumption value ($ Million), 2020-2031

Global Oil and Gas Services market size and forecasts by region and country, in consumption value ($ Million), 2020-2031

Global Oil and Gas Services market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031

Global Oil and Gas Services market shares of main players, in revenue ($ Million), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Oil and Gas Services

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Oil and Gas Services market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SLB, Halliburton, BHGE, Sinopec Oilfield Service Corporation, NOV, COSL, Weatherford, TechnipFMC, Patterson-UTI, Saipem, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

Oil and Gas Services market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Oil and Gas Exploration
Oil and Gas Transportation And Storage
Oil and Gas Production And Processing
Oil and Gas Waste Treatment
Others

Market segment by Application
Onshore Oil and Gas
Offshore Oil and Gas

Market segment by players, this report covers
SLB
Halliburton
BHGE
Sinopec Oilfield Service Corporation
NOV
COSL
Weatherford
TechnipFMC
Patterson-UTI
Saipem
WORLEY
Nabors
Liberty Energy
Helmerich & Payne
Transocean
Petrofac
Jierui Group
Calfrac Well Services
VALARIS
RPC
KCA Deutag
Expro
Archer
NATIONAL ENERGY
SERVICES REUNITED
ADES
Trican Well Service
Ranger Energy Services
Key Energy Services

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Oil and Gas Services product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Oil and Gas Services, with revenue, gross margin, and global market share of Oil and Gas Services from 2020 to 2025.

Chapter 3, the Oil and Gas Services competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Oil and Gas Services market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Oil and Gas Services.

Chapter 13, to describe Oil and Gas Services research findings and conclusion.