The Report “Africa Well Completion Equipment and Services Market, by Type (Packers, Sand Control Tools, Multi-Stage Frac Tools, Linear Hangers, Smart Wells, Safety Valves, and Others), by Country- Trends & Forecasts to 2019” is estimated to reach $814.7 million by 2019, at a CAGR of 7.4% from 2014 to 2019.
Browse through the TOC of the Africa Well Completion Equipment and Services Market for an analysis of industry trends and segments, with the help of various tables and figures.
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The growth of the African well completion equipment and services market is attributed to the growth of the offshore oil & gas industry in West Africa. InterOil Corporation (IOC) led projects in the offshore industry of Qwest Africa will involve different completion equipment and services to support production. Angola’s offshore production is expected to increase at a rapid pace as shallow water basins of that region are more or less matured. The offshore production of this country will drive the market for well completion. In 2014, Angola was the major contributor of the African well completion equipment and services market, followed by Egypt.
The main types of services available in the concerned market include packers, sand control tools, multi-stage frac tools, linear hangers, smart wells, safety valves, and others. The market has been analyzed in terms of the major countries in the African market, such as Angola, Egypt, Libya, and Nigeria. Exploration & production companies are the main end-users of the well completion market.
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