GBI Research, a leading business intelligence provider, has released its latest research, Offshore Drilling Industry to 2016 - Rapidly Rising Demand for Hydrocarbons Expected to Boost Offshore Drilling in Ultra-Deepwater and Harsh-weather Environments. The study, which is an offering from the companys Energy Research Group, provides an in-depth analysis of the global offshore drilling industry and highlights various concerns, key trends and challenges, along with major companies in the industry. The report provides forecasts for the offshore drilling industry to 2016. It also provides offshore drilling forecasts worldwide by individual region, and provides comprehensive statistics and key data such as break-up of the offshore drilling expenditure, by water depth. The report also provides in-depth statistics and details on the current offshore rig deployment scenario worldwide, by individual rig name, for every major rig type. The report also provides information on the major offshore drilling companies operating worldwide. The report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GBI Researchs team of industry experts.

The production from offshore regions accounts for an increasing share of the total world oil and gas production. Offshore crude oil production accounts for around 30% or more of the total global crude oil production. Also, offshore natural gas production accounts for about a quarter of the total world natural gas production.

In the recent decade, the offshore crude oil industry has witnessed consistent growth in production. The global crude oil production from offshore resources is expected to increase in the near future, mainly due to an increase in offshore production from major offshore regions worldwide, such as deepwater US Gulf of Mexico, offshore Brazil, offshore Africa. offshore India, China and Australia, and also offshore regions in the European regions. In the past decade, offshore drilling activity has picked up pace worldwide, as an increased effort to meet energy needs.

The growth of the offshore drilling market is being driven by high demand and rising prices of crude oil and natural gas. However, the global offshore drilling market experienced a temporary slowdown in 2009 as a result of relatively fewer investments by offshore exploration companies in that year, due to the global financial crisis and the subsequent fall in demand. However, the period 2012-2016 for offshore drilling worldwide is expected to be encouraging considering aggressive offshore E&P activity expected in regions worldwide. This is a result of ambitious plans by international oil companies, national oil companies and governments worldwide to boost the search for fresh discoveries of hydrocarbons; with the predicted recovery of the industry from the financial slowdown meaning that drilling expenditure is expected to steadily rise until 2016.

Scope

The report provides in-depth analysis of the major factors affecting the offshore drilling industry worldwide. Its scope includes -

• Global and Regional Industry Overview
• Key trends, drivers, and challenges for the global offshore drilling industry to 2016
• Analysis of the historical offshore drilling expenditure and forecasts to 2016 for the global offshore drilling industry
• Regional forecasts of offshore drilling expenditure, for the period 2000 to 2016, with key information at regional levels
• Current statistics and data of the current offshore rig deployment scenario
• Major company profiles with regard to the offshore drilling industry

Reasons to buy

The report will enhance your decision making capability. It will allow you to -

• Develop business strategies with the help of specific insights about the global offshore drilling industry. 
• Identify key trends and challenges in the global offshore drilling industry. 
• Increase future revenues and profitability with the help of insights on the expected demand-supply scenario with regards to the offshore drilling industry. 
• Benchmark your operations and strategies using key insights from the major current and expected business developments with regards to the offshore drilling industry

1 Table of Contents
1 Table of Contents 6
1.1 List of Tables 8
1.2 List of Figures 8

List of Tables

Table 1: Key Offshore Rig Segments and Expected Newbuilds, as of Q3 2011 24
Table 2: Current Worldwide Fleet in Operation, Jack-up Rigs, by Rig Name, Rig Manager and Current Region of Deployment 24
Table 3: Current Worldwide Fleet in Operation, Semisubmersible Rigs, by Rig Name, Rig Manager and Current Region of Deployment 35
Table 4: Current Worldwide Fleet in Operation, Drillships, by Rig Name, Rig Manager and Current Region of Deployment 40
Table 5: Offshore Drilling Expenditure, Global, by Region, $bn, 2000-2016 45
Table 6: Offshore Drilling Expenditure, Asia Pacific, $bn, 2000-2016 49
Table 7: Offshore Drilling Expenditure, Shallow Water, Asia Pacific, $bn, 2000-2016 51
Table 8: Offshore Drilling Expenditure, Deepwater, Asia Pacific, $bn, 2000-2016 53
Table 9: Top Offshore Blocks, by Acreage, Asia Pacific, H1 2011 55
Table 10: Offshore Drilling Expenditure, Europe, $bn, 2000-2016 57
Table 11: Offshore Drilling Expenditure, Shallow Water, Europe, $bn, 2000-2016 59
Table 12: Offshore Drilling Expenditure, Deepwater, Europe, $bn, 2000-2016 61
Table 13: Top Offshore Blocks, Europe, H1 2011 63
Table 14: Offshore Drilling Expenditure, Middle East and Africa, $bn, 2000-2016 65
Table 15: Offshore Drilling Expenditure, Shallow Water, Middle East and Africa, $bn, 2000-2016 67
Table 16: Offshore Drilling Expenditure, Deepwater, Middle East and Africa, $bn, 2000-2016 69
Table 17: Top Offshore Blocks, Middle East and Africa, H1 2011 71
Table 18: Offshore Drilling Expenditure, North America, $bn, 2000-2016 73
Table 19: Offshore Drilling Expenditure, Shallow water, North America, $bn, 2000-2016 75
Table 20: Offshore Drilling Expenditure, Deepwater, North America, $bn, 2000-2016 77
Table 21: Top Offshore Blocks, North America, H1 2011 78
Table 22: Offshore Drilling Expenditure, South and Central America, 2000-2016 80
Table 23: Offshore Drilling Expenditure, Shallow Water, South and Central America, 2000-2016 82
Table 24: Offshore Drilling Expenditure, Deepwater, South and Central America, 2000-2016 84
Table 25: Top Offshore Blocks, South and Central America, H1 2011 85
Table 26: Abbreviations 86

List of Figures

Figure 1: Offshore Drilling Expenditure, Global, $bn, 2000-2016 43
Figure 2: Offshore Drilling Expenditure, Global, by Region, $bn, 2000-2016 44
Figure 3: Offshore Drilling Expenditure, Asia Pacific, $bn, 2000-2016 48
Figure 4: Offshore Drilling Expenditure, Shallow Water, Asia Pacific, $bn, 2000-2016 50
Figure 5: Offshore Drilling Expenditure, Deepwater, Asia Pacific, $bn, 2000-2016 52
Figure 6: Top Offshore Blocks, by Acreage, Asia Pacific, H1 2011 54
Figure 7: Offshore Drilling Expenditure, Europe, $bn, 2000-2016 56
Figure 8: Offshore Drilling Expenditure, Shallow Water, Europe, $bn, 2000-2016 58
Figure 9: Offshore Drilling Expenditure, Deepwater, Europe, $bn, 2000-2016 60
Figure 10: Top Offshore Blocks, Europe, H1 2011 62
Figure 11: Offshore Drilling Expenditure, Middle East and Africa, $bn, 2000-2016 64
Figure 12: Offshore Drilling Expenditure, Shallow Water, Middle East and Africa, $bn, 2000-2016 66
Figure 13: Offshore Drilling Expenditure, Deepwater, Middle East and Africa, $bn, 2000-2016 68
Figure 14: Top Offshore Blocks, Middle East and Africa, H1 2011 70
Figure 15: Offshore Drilling Expenditure, North America, $bn, 2000-2016 72
Figure 16: Offshore Drilling Expenditure, Shallow water, North America, $bn, 2000-2016 74
Figure 17: Offshore Drilling Expenditure, Deepwater, North America, $bn, 2000-2016 76
Figure 18: Top Offshore Blocks, North America, H1 2011 78
Figure 19: Offshore Drilling Expenditure, South and Central America, 2000-2016 79
Figure 20: Offshore Drilling Expenditure, Shallow Water, South and Central America, 2000-2016 81
Figure 21: Offshore Drilling Expenditure, Deepwater, South and Central America, 2000-2016 83
Figure 22: Top Offshore Blocks, South and Central America, H1 2011 85