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Europe Coiled Tubing Market Share

Report ID: GMI5046
Published Date: Jul 2024
Report Format: PDF

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Europe Coiled Tubing Market Share

Europe Coiled Tubing Company Market Share Analysis, 2023

Schlumberger holds a significant share in the European coiled tubing industry, leveraging its advanced technology and extensive experience in oilfield services. The company's innovative solutions and strong operational capabilities enable efficient well intervention and maintenance, enhancing productivity and reducing costs for clients. This market presence underscores Schlumberger's leadership in providing critical energy sector services.

Europe Coiled Tubing Market Companies

Major key players operating across the Europe coiled tubing industry are:

Baker Hughes, a GE company LLC
Calfrac Well Services Ltd.
GOES GmbH
Halliburton
Hunting PLC
National Oilwell Varco Inc.
Packer Service LLC
Royal IHC
Schlumberger Limited
Stimline AS
Surgutneftegas
Tenaris
Weatherford
Well Service Group

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of Europe coiled tubing was worth about USD 528.9 million in 2023 and is projected to record witness about 8% CAGR through 2032, backed by heightened energy demands, alongside aging oil & gas infrastructure, leading to investments in well intervention and drilling.

Europe coiled tubing market from well intervention services segment is anticipated to exceed USD 550 million by 2032, as these services are essential for enhancing oil & gas production efficiency and extending the lifespan of mature wells.

Russia coiled tubing market is projected to surpass USD 540 million by 2032, propelled by a surge in oil & gas exploration and production activities.

Halliburton, Hunting PLC, National Oilwell Varco Inc., Packer Service LLC, Royal IHC, Schlumberger Limited, Stimline AS, Surgutneftegas, and Tenaris among others.