Middle East Wireline Logging Services Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Middle East wireline logging services market is expected to grow at a CAGR of over 2% during the forecast period of 2020 – 2025. Factors such as increased discoveries and increased investment in the offshore sector are expected to drive the market for wireline logging services. However, the volatile nature of oil prices in recent years led to decreased exploration activity, causing a slowdown for the middle-east wireline logging services market.
Key HighlightsThe Middle East wireline logging services market is partially consolidated, with major players holding a big share of the market. Some of the major companies are Schlumberger Limited, Halliburton Company, Baker Hughes Company, and Weatherford International plc, among others.
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