Saudi Arabia Enhanced Oil Recovery (EOR) Industry Research Report 2024-2029: Strategic Focus on Maintaining Oil Production Levels and Optimization of Oil Recovery from Mature Fields Fuelin...
Schlumberger N.V. (SLB)
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Region, Competition, Forecast and Opportunities, 2019-2029F" report has been added to ResearchAndMarkets.com's offering. The Saudi Arabia Enhanced Oil Recovery Market was valued at USD 2.49 billion in 2023, and is expected to reach USD 3.96 billion by 2029, rising at a CAGR of 7.87%. Enhanced Oil Recovery in Saudi Arabia refers to advanced techniques employed to extract additional oil from mature and depleted oil fields beyond conventional methods. This approach involves using various technologies to improve oil extraction efficiency, including thermal methods, chemical injections, and gas injection techniques. As one of the largest oil producers globally, Saudi Arabia faces the challenge of optimizing production from its extensive but aging oil fields. The Enhanced Oil Recovery Market in the country is expected to rise significantly due to several factors. The primary driver is the need to maintain high oil production levels amidst declining output from older fields. Enhanced O
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News
- Schlumberger Limited (NYSE: SLB) was upgraded by analysts at Sanford C. Bernstein to a "strong-buy" rating.MarketBeat
- Well Intervention Market to Drive Growth at USD 12.14 Billion by 2031 | SkyQuest Technology [Yahoo! Finance]Yahoo! Finance
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SLB
Earnings
- 10/18/24 - Beat
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Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form 4
- 11/13/24 - Form SC
- SLB's page on the SEC website