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Asia Pacific Geophysical Services Market Share

Report ID: GMI8766
Published Date: Mar 2024
Report Format: PDF

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Asia Pacific Geophysical Services Market Share

Halliburton has emerged as a dominant force in the Asia Pacific geophysical services industry, recognized for its wide range of services, cutting-edge technologies, and extensive operational presence. Leading the market, Halliburton offers integrated geophysical solutions tailored for oil and gas exploration, reservoir characterization, and production optimization throughout the region.

Asia Pacific Geophysical Services Market Companies

Some of the key market players operating across the Asia Pacific geophysical services industry are:

Asian Geos
CGG
China Oilfield Services Limited
EGS (International) Ltd
Fugro
GeoSiam Geophysical Services Co., Ltd.
Getech Group plc
GSL
Halliburton
PGS
Ramboll Group A/S
SAExploration
Sinopec Oilfield Service Corporation
SLB
TGS
Weatherford

Authors: Ankit Gupta , Vishal Saini

Frequently Asked Questions (FAQ) :

The market size for geophysical services in Asia Pacific reached USD 3.5 billion in 2023 and is set to witness 7.2% CAGR from 2024 to 2032, owing to the increasing exploration activities in the oil and gas sector, coupled with rising demand for mineral resources worldwide.

Asia Pacific geophysical services industry from the seismic technology segment is expected to exceed USD 3 billion by 2032, due to its benefits in resource exploration, offering precise imaging, detection of potential hydrocarbon reservoirs, and evaluation of geological formations.

China market is expected to cross USD 2.4 billion by 2032, attributed to rapid urbanization, infrastructure development, and the need for energy and mineral resource exploration in the country.

CGG, EGS (International) Ltd, Fugro, GeoSiam Geophysical Services Co., Ltd., Getech Group plc, GSL, Halliburton, PGS, Ramboll Group A/S, SAExploration, Sinopec Oilfield Service Corporation, SLB, TGS, and Weatherford, are some of the major geophysical services companies in Asia Pacific.