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Showing posts with the label Saudi Arabia drilling fluids market

Saudi Arabia Drilling Fluids Market – Opportunities & Forecast, 2020-2027

  This global study conducted by GMI Research provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for different segments. The market report tracks the overall demand growth during the forecast period. The report indicates growth parameters in the country market, along with leading players that are dominating the industry. Drivers of the Saudi Arabia Drilling Fluids Market: The primary factors driving the growth of the Saudi Arabia drilling fluids market during the forecast period include the strong demand for crude oil and natural gas in various energy-intensive sectors such as power generation, manufacturing, and transportation. Furthermore, the recovery in oil prices in 2017 and 2018 has further led to an upsurge in demand for drilling fluids in Saudi Arabia. The country has recently discovered three oil and two gas fields, including the gas discovery in the Shaur structure and the deepwater oil field Al-Haryd in the