Global Upstream Petrotechnical Training Service Market Overview
Global Upstream Petrotechnical Training Service Market was valued at USD 893.22 Million in 2021 and is expected to reach USD 1388.05 Million by the year 2028, at a CAGR of 6.5%.
The upstream industry involves the process of oil and gas exploration and surface production trapped in underground deposits. Fluctuations in crude oil prices, upstream companies are focusing on exploration and reduction of production costs. Fluctuations in oil prices are forcing oil companies to evolve by accelerating business growth with innovative technologies such as big data and industrial IoT. Upstream oil technology training services contribute significantly to improving the productivity of the oil technology industry. These training services create a variety of growth opportunities to expand knowledge, develop skills and develop the organization. High demand from various organizations to hire skilled workers in their company is expected to impact the growth of the upstream petroleum technology training services market over the forecast period. In addition, rapid technological advances and strict government regulations, and personal safety-related compliance in these industries are expected to drive the growth of the upstream petroleum technology training services market. In addition, a strong presence in the oil and gas industry and large spending on R & D should have a positive impact on market growth. In addition, increased drilling activity is expected to create tremendous demand for upstream petrochemical training services and drive growth in the Upstream Petrochemical Training Service Market.
Market Dynamics And Factors For Upstream Petrotechnical Training Service Market
Drivers:
Rising need for skilled workers in the field of upstream petrochemicals and oil extraction from all over the world creating a demand for Upstream Petrotechnical Training services. Leading companies in the sector have stepped in to provide domain-specific training, service, and solution for upstream companies to transform their business operation with highly skilled workers and employees to create competitiveness in the market. Upstream companies have a certain standard regarding the skill set for the on and off-field workers due to technicality, health, and safety concerns provided by the surrounding of the workspace. Upstream Petrotechnical Training Services help to generate a capable workforce in the gas, oil, and petrochemical sector by addressing the crucial shortfalls in technical training with extensive methods of training and development.
Increased R & D spending and a strong presence in the oil and gas industry are also expected to drive growth in the global upstream petrochemical training services market over the next few years. However, rising training costs, lower return on investment for companies, and the high resources needed to customize e-learning services could limit the growth of the global petrochemical upstream training market over the next few years. Similarly, the increasing safety concerns and complexity faced by team collaboration software can challenge the growth of the global petrochemical upstream training market. The surge in drilling activity could bring significant demand for solutions in the global market for upstream petrochemical training services in the coming years. In addition, increasing R & D investment to introduce improved petrochemical training services will create new and engaging opportunities for players and developers in the global upstream petrochemical training service market in the coming years.
Restraints:
Increased training costs will reduce the organization's return on investment, and the high resources required for e-learning services are expected to be a major constraint on the growth of upstream petroleum technology training services during the above forecast period. Increasing security concerns and the complexity of aligning team collaboration software with business goals can question the growth of the upstream petroleum engineering training services market during the forecast period.
Opportunities:
Players in the world's upstream petrochemical training services market are developing innovative real-world simulation experiences with training services and modules that can effectively train the petrochemical industry's workforce. Simulation-based training techniques, tools, and strategies can be used to design structured learning experiences and adjust teamwork skills. OilSim learning simulator from NExT Schlumberger is an upstream learning simulator that guides the user throughout the exploration and production business process, from block acquisition to development, production, and abandonment. In this innovative and interactive training method, participants are divided into teams and challenge each other to achieve the best results based on strategic choices and decisions in a simulated business environment. This trend is expected to fuel demand momentum in the global petrochemical upstream training services market over the forecast period.
Market Segmentation
Segmentation Analysis of Upstream Petrotechnical Training Service Market
By Training Type, Operational Training is likely to be dominating in the Upstream Petrotechnical Training Service Market. The Operation training segment grows rapidly as the need for training continues as regulations and protocols are regularly introduced to monitor illegitimate business activities, worker safety, and environmental protection measures. The upstream sector consists of various main domains and sub-domains such as geology and geophysics, petrophysics, surface facilities design and engineering, geomechanics, field operations, and management, reservoir engineering, drilling engineering, production engineering, and economics and finance. Each domain requires specific training as well as operational overlook to assure the structured timeline of the course. Hence, it has been a demanding training program in the Upstream Petrotechnical Training Service Market.
By Training Mode, Training courses are dominating in the Upstream Petrotechnical Training Service Market. Training courses are an integral part for upstream companies to ensure the qualified employee is deployed on the petroleum plat or other related site. Growing oil drilling and extraction projects globally generate the demand for highly skilled workers who are familiar and technically sound to work in such environments. Specialized companies with end-to-end training solutions covering each domain of the oil and gas industry can provide physical training to the new and existing workforce. Upstream companies are investing heavily into the training and development of the workforce to educate and train for a specific domain by conducting quarterly training courses. Operational and technical training consists face to face training as well as simulator training programs to provide hands-on training. The high cost of simulator training and limited provider creates an inflated training cost of such a new method. Although simulator training creates a major impact on learning and experience, the higher cost of such a program hinders the rate of acceptance of the simulator training program. Therefore, Training courses are likely to be dominating the Upstream Petrotechnical Training Service Market.
By End-User Industry, National oil companies are the dominating in the end-user segment of the Upstream Petrotechnical Training Service Market. The National Oil Company (NOC) is an economic giant. They manage at least $ 3 trillion in assets and produce most of the world's oil and gas. They dominate energy production in some of the world's most oil-rich countries, such as the Islamic Republic of Iran, Mexico, Saudi Arabia, and Venezuela, and play a central role in the oil and gas sector of many emerging producers. Whereas, the independent company focuses on industry segments and is defined as a producer refining crude oil with annual oil and gas retail sales of $ 5 million or less, or an average of 75,000 barrels or less per day. Therefore, Massive operations from National oil companies all over the world have boosted the Upstream Petrotechnical Training Service Market.
Regional Analysis of Upstream Petrotechnical Training Service Market
North America is estimated to have the largest share of the global market for upstream petroleum technology training services. The United States is the highest-selling country in the global upstream petroleum technology services market. US oil and gas companies provide training services for technological advances in the oil industry. Technological advances have opened up opportunities for the oil and gas industry to maximize hydrocarbon reserves. North America consists of around 746 operational oil rigs which have around 1,27,000 employees who are trained for each specific domain and create high prospects for Upstream Petrotechnical Training Service Market.
In Europe, Russia has a strong presence in the oil and gas industry. Companies increase training costs per employee. Russia is the world's third-largest producer of oil, accounting for more than 12 percent of the world's crude oil production. The country is rich in mineral resources and concentrates its energy production in the oil and gas states of Western Siberia and Volgaural. Russian oil producers Gazprom, Lukoil, and Rosneft are some of the world's leading energy companies. Rosneft is a leader in the domestic market with a majority stake in Rosneft, a company wholly owned by the Russian government. Therefore, the need for training to produce highly skilled employees to run such a large industry creates an opportunity for Upstream Petrotechnical Training Service Market.
Players Covered in Upstream Petrotechnical Training Service Market are:
- IADC
- EAGE
- Society of Exploration Geophysicists
- PetroSkills
- IFP Training
- Total
- Royal Dutch Shell
- Baker Hughes
- Halliburton
- Intertek Group plc
- RPS Group
- Petroknowledge
- Aucerna
- International Human Resources Development Corporation
- PetroEdge
- Petroleum Experts Ltd.
- HOT Engineering GmbH
- Petrofac Limited
- Rigworld Training and others major players.
Covid-19 Impact on Upstream Petrotechnical Training Service Market
Covid-19 has been a major factor that has affected various business verticals. The oil and Gas sector have experienced major slack during a pandemic. Organizations of Petroleum Exporting Countries, including Russia, and other members including OPEC had a hard time finding a common view of this proposal. At the same time, the COVID 19 pandemic has significantly reduced global demand. In April, Brent crude oil prices fell below $ 20 a barrel. This is the lowest level since the 9/11 terrorist attacks on September 11, 2001. Since then, it has rebounded to over $ 43 per barrel. Due to disruption in the global supply chain, the consumption of crude oil has dropped significantly. Many of the independent oil companies had reduced their production due to lower demand. However, most of the national oil companies were pumping up the product during that brief period creating price volatility in the oil and gas sector. Upstream Petrotechnical Training Services have seen mixed demand in the pandemic. Due to travel restrictions and social distancing norms, on-field training has seen substantial slack, however as restrictions are being lifted off Upstream Petrotechnical Training Service Market expected to see gradual growth during the forecasted period.
Key Industry Developments In Upstream Petrotechnical Training Service Market
- November 2021, Omega Simulation launched a new version of OmegaLand Unified Environment for Dynamic Simulation with Enterprise-scale Plant Operation Training Package for Oil & gas, refining, petrochemicals, chemicals, electric power, water treatment, and beverages.
Global Upstream Petrotechnical Training Service Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 893.22 Mn. |
Forecast Period 2022-28 CAGR: |
6.5% |
Market Size in 2028: |
USD 1388.05 Mn. |
Segments Covered: |
By Type |
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By Training Mode |
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By End-User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Type
ā3.2 By Training Mode
ā3.3 By End-User
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā4.3.1 Drivers
āā4.3.2 Restraints
āā4.3.3 Opportunities
āā4.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 5: Upstream Petrotechnical Training Service Market by Type
ā5.1 Upstream Petrotechnical Training Service Market Overview Snapshot and Growth Engine
ā5.2 Upstream Petrotechnical Training Service Market Overview
ā5.3 Operational Training
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2016-2028F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Operational Training: Grographic Segmentation
ā5.4 Domain Training
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2016-2028F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 Domain Training: Grographic Segmentation
Chapter 6: Upstream Petrotechnical Training Service Market by Training Mode
ā6.1 Upstream Petrotechnical Training Service Market Overview Snapshot and Growth Engine
ā6.2 Upstream Petrotechnical Training Service Market Overview
ā6.3 Training Courses
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2016-2028F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Training Courses: Grographic Segmentation
ā6.4 E-Learning
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2016-2028F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 E-Learning: Grographic Segmentation
ā6.5 Simulator
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2016-2028F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Simulator: Grographic Segmentation
Chapter 7: Upstream Petrotechnical Training Service Market by End-User
ā7.1 Upstream Petrotechnical Training Service Market Overview Snapshot and Growth Engine
ā7.2 Upstream Petrotechnical Training Service Market Overview
ā7.3 Independent Oil Companies
āā7.3.1 Introduction and Market Overview
āā7.3.2 Historic and Forecasted Market Size (2016-2028F)
āā7.3.3 Key Market Trends, Growth Factors and Opportunities
āā7.3.4 Independent Oil Companies: Grographic Segmentation
ā7.4 National Oil Companies
āā7.4.1 Introduction and Market Overview
āā7.4.2 Historic and Forecasted Market Size (2016-2028F)
āā7.4.3 Key Market Trends, Growth Factors and Opportunities
āā7.4.4 National Oil Companies: Grographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
ā8.1 Competitive Landscape
āā8.1.1 Competitive Positioning
āā8.1.2 Upstream Petrotechnical Training Service Sales and Market Share By Players
āā8.1.3 Industry BCG Matrix
āā8.1.4 Ansoff Matrix
āā8.1.5 Upstream Petrotechnical Training Service Industry Concentration Ratio (CR5 and HHI)
āā8.1.6 Top 5 Upstream Petrotechnical Training Service Players Market Share
āā8.1.7 Mergers and Acquisitions
āā8.1.8 Business Strategies By Top Players
ā8.2 IADC
āā8.2.1 Company Overview
āā8.2.2 Key Executives
āā8.2.3 Company Snapshot
āā8.2.4 Operating Business Segments
āā8.2.5 Product Portfolio
āā8.2.6 Business Performance
āā8.2.7 Key Strategic Moves and Recent Developments
āā8.2.8 SWOT Analysis
ā8.3 EAGE
ā8.4 SOCIETY OF EXPLORATION GEOPHYSICISTS
ā8.5 PETROSKILLS
ā8.6 IFP TRAINING
ā8.7 TOTAL
ā8.8 ROYAL DUTCH SHELL
ā8.9 BAKER HUGHES
ā8.10 HALLIBURTON
ā8.11 INTERTEK GROUP PLC
ā8.12 RPS GROUP
ā8.13 PETROKNOWLEDGE
ā8.14 AUCERNA
ā8.15 INTERNATIONAL HUMAN RESOURCES DEVELOPMENT CORPORATION
ā8.16 PETROEDGE
ā8.17 PETROLEUM EXPERTS LTD.
ā8.18 HOT ENGINEERING GMBH
ā8.19 PETROFAC LIMITED
ā8.20 RIGWORLD TRAINING
ā8.21 OTHERS MAJOR PLAYERS
Chapter 9: Global Upstream Petrotechnical Training Service Market Analysis, Insights and Forecast, 2016-2028
ā9.1 Market Overview
ā9.2 Historic and Forecasted Market Size By Type
āā9.2.1 Operational Training
āā9.2.2 Domain Training
ā9.3 Historic and Forecasted Market Size By Training Mode
āā9.3.1 Training Courses
āā9.3.2 E-Learning
āā9.3.3 Simulator
ā9.4 Historic and Forecasted Market Size By End-User
āā9.4.1 Independent Oil Companies
āā9.4.2 National Oil Companies
Chapter 10: North America Upstream Petrotechnical Training Service Market Analysis, Insights and Forecast, 2016-2028
ā10.1 Key Market Trends, Growth Factors and Opportunities
ā10.2 Impact of Covid-19
ā10.3 Key Players
ā10.4 Key Market Trends, Growth Factors and Opportunities
ā10.4 Historic and Forecasted Market Size By Type
āā10.4.1 Operational Training
āā10.4.2 Domain Training
ā10.5 Historic and Forecasted Market Size By Training Mode
āā10.5.1 Training Courses
āā10.5.2 E-Learning
āā10.5.3 Simulator
ā10.6 Historic and Forecasted Market Size By End-User
āā10.6.1 Independent Oil Companies
āā10.6.2 National Oil Companies
ā10.7 Historic and Forecast Market Size by Country
āā10.7.1 U.S.
āā10.7.2 Canada
āā10.7.3 Mexico
Chapter 11: Europe Upstream Petrotechnical Training Service Market Analysis, Insights and Forecast, 2016-2028
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Type
āā11.4.1 Operational Training
āā11.4.2 Domain Training
ā11.5 Historic and Forecasted Market Size By Training Mode
āā11.5.1 Training Courses
āā11.5.2 E-Learning
āā11.5.3 Simulator
ā11.6 Historic and Forecasted Market Size By End-User
āā11.6.1 Independent Oil Companies
āā11.6.2 National Oil Companies
ā11.7 Historic and Forecast Market Size by Country
āā11.7.1 Germany
āā11.7.2 U.K.
āā11.7.3 France
āā11.7.4 Italy
āā11.7.5 Russia
āā11.7.6 Spain
āā11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Upstream Petrotechnical Training Service Market Analysis, Insights and Forecast, 2016-2028
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Type
āā12.4.1 Operational Training
āā12.4.2 Domain Training
ā12.5 Historic and Forecasted Market Size By Training Mode
āā12.5.1 Training Courses
āā12.5.2 E-Learning
āā12.5.3 Simulator
ā12.6 Historic and Forecasted Market Size By End-User
āā12.6.1 Independent Oil Companies
āā12.6.2 National Oil Companies
ā12.7 Historic and Forecast Market Size by Country
āā12.7.1 China
āā12.7.2 India
āā12.7.3 Japan
āā12.7.4 Singapore
āā12.7.5 Australia
āā12.7.6 New Zealand
āā12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Upstream Petrotechnical Training Service Market Analysis, Insights and Forecast, 2016-2028
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Type
āā13.4.1 Operational Training
āā13.4.2 Domain Training
ā13.5 Historic and Forecasted Market Size By Training Mode
āā13.5.1 Training Courses
āā13.5.2 E-Learning
āā13.5.3 Simulator
ā13.6 Historic and Forecasted Market Size By End-User
āā13.6.1 Independent Oil Companies
āā13.6.2 National Oil Companies
ā13.7 Historic and Forecast Market Size by Country
āā13.7.1 Turkey
āā13.7.2 Saudi Arabia
āā13.7.3 Iran
āā13.7.4 UAE
āā13.7.5 Africa
āā13.7.6 Rest of MEA
Chapter 14: South America Upstream Petrotechnical Training Service Market Analysis, Insights and Forecast, 2016-2028
ā14.1 Key Market Trends, Growth Factors and Opportunities
ā14.2 Impact of Covid-19
ā14.3 Key Players
ā14.4 Key Market Trends, Growth Factors and Opportunities
ā14.4 Historic and Forecasted Market Size By Type
āā14.4.1 Operational Training
āā14.4.2 Domain Training
ā14.5 Historic and Forecasted Market Size By Training Mode
āā14.5.1 Training Courses
āā14.5.2 E-Learning
āā14.5.3 Simulator
ā14.6 Historic and Forecasted Market Size By End-User
āā14.6.1 Independent Oil Companies
āā14.6.2 National Oil Companies
ā14.7 Historic and Forecast Market Size by Country
āā14.7.1 Brazil
āā14.7.2 Argentina
āā14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Upstream Petrotechnical Training Service Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 893.22 Mn. |
Forecast Period 2022-28 CAGR: |
6.5% |
Market Size in 2028: |
USD 1388.05 Mn. |
Segments Covered: |
By Type |
|
|
By Training Mode |
|
||
By End-User |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET COMPETITIVE RIVALRY
TABLE 005. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET THREAT OF NEW ENTRANTS
TABLE 006. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET THREAT OF SUBSTITUTES
TABLE 007. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET BY TYPE
TABLE 008. OPERATIONAL TRAINING MARKET OVERVIEW (2016-2028)
TABLE 009. DOMAIN TRAINING MARKET OVERVIEW (2016-2028)
TABLE 010. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET BY TRAINING MODE
TABLE 011. TRAINING COURSES MARKET OVERVIEW (2016-2028)
TABLE 012. E-LEARNING MARKET OVERVIEW (2016-2028)
TABLE 013. SIMULATOR MARKET OVERVIEW (2016-2028)
TABLE 014. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET BY END-USER
TABLE 015. INDEPENDENT OIL COMPANIES MARKET OVERVIEW (2016-2028)
TABLE 016. NATIONAL OIL COMPANIES MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TYPE (2016-2028)
TABLE 018. NORTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TRAINING MODE (2016-2028)
TABLE 019. NORTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY END-USER (2016-2028)
TABLE 020. N UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TYPE (2016-2028)
TABLE 022. EUROPE UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TRAINING MODE (2016-2028)
TABLE 023. EUROPE UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY END-USER (2016-2028)
TABLE 024. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TYPE (2016-2028)
TABLE 026. ASIA PACIFIC UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TRAINING MODE (2016-2028)
TABLE 027. ASIA PACIFIC UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY END-USER (2016-2028)
TABLE 028. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TYPE (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TRAINING MODE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY END-USER (2016-2028)
TABLE 032. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 033. SOUTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TYPE (2016-2028)
TABLE 034. SOUTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY TRAINING MODE (2016-2028)
TABLE 035. SOUTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY END-USER (2016-2028)
TABLE 036. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET, BY COUNTRY (2016-2028)
TABLE 037. IADC: SNAPSHOT
TABLE 038. IADC: BUSINESS PERFORMANCE
TABLE 039. IADC: PRODUCT PORTFOLIO
TABLE 040. IADC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. EAGE: SNAPSHOT
TABLE 041. EAGE: BUSINESS PERFORMANCE
TABLE 042. EAGE: PRODUCT PORTFOLIO
TABLE 043. EAGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. SOCIETY OF EXPLORATION GEOPHYSICISTS: SNAPSHOT
TABLE 044. SOCIETY OF EXPLORATION GEOPHYSICISTS: BUSINESS PERFORMANCE
TABLE 045. SOCIETY OF EXPLORATION GEOPHYSICISTS: PRODUCT PORTFOLIO
TABLE 046. SOCIETY OF EXPLORATION GEOPHYSICISTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. PETROSKILLS: SNAPSHOT
TABLE 047. PETROSKILLS: BUSINESS PERFORMANCE
TABLE 048. PETROSKILLS: PRODUCT PORTFOLIO
TABLE 049. PETROSKILLS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. IFP TRAINING: SNAPSHOT
TABLE 050. IFP TRAINING: BUSINESS PERFORMANCE
TABLE 051. IFP TRAINING: PRODUCT PORTFOLIO
TABLE 052. IFP TRAINING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. TOTAL: SNAPSHOT
TABLE 053. TOTAL: BUSINESS PERFORMANCE
TABLE 054. TOTAL: PRODUCT PORTFOLIO
TABLE 055. TOTAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. ROYAL DUTCH SHELL: SNAPSHOT
TABLE 056. ROYAL DUTCH SHELL: BUSINESS PERFORMANCE
TABLE 057. ROYAL DUTCH SHELL: PRODUCT PORTFOLIO
TABLE 058. ROYAL DUTCH SHELL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. BAKER HUGHES: SNAPSHOT
TABLE 059. BAKER HUGHES: BUSINESS PERFORMANCE
TABLE 060. BAKER HUGHES: PRODUCT PORTFOLIO
TABLE 061. BAKER HUGHES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. HALLIBURTON: SNAPSHOT
TABLE 062. HALLIBURTON: BUSINESS PERFORMANCE
TABLE 063. HALLIBURTON: PRODUCT PORTFOLIO
TABLE 064. HALLIBURTON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. INTERTEK GROUP PLC: SNAPSHOT
TABLE 065. INTERTEK GROUP PLC: BUSINESS PERFORMANCE
TABLE 066. INTERTEK GROUP PLC: PRODUCT PORTFOLIO
TABLE 067. INTERTEK GROUP PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. RPS GROUP: SNAPSHOT
TABLE 068. RPS GROUP: BUSINESS PERFORMANCE
TABLE 069. RPS GROUP: PRODUCT PORTFOLIO
TABLE 070. RPS GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. PETROKNOWLEDGE: SNAPSHOT
TABLE 071. PETROKNOWLEDGE: BUSINESS PERFORMANCE
TABLE 072. PETROKNOWLEDGE: PRODUCT PORTFOLIO
TABLE 073. PETROKNOWLEDGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. AUCERNA: SNAPSHOT
TABLE 074. AUCERNA: BUSINESS PERFORMANCE
TABLE 075. AUCERNA: PRODUCT PORTFOLIO
TABLE 076. AUCERNA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. INTERNATIONAL HUMAN RESOURCES DEVELOPMENT CORPORATION: SNAPSHOT
TABLE 077. INTERNATIONAL HUMAN RESOURCES DEVELOPMENT CORPORATION: BUSINESS PERFORMANCE
TABLE 078. INTERNATIONAL HUMAN RESOURCES DEVELOPMENT CORPORATION: PRODUCT PORTFOLIO
TABLE 079. INTERNATIONAL HUMAN RESOURCES DEVELOPMENT CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. PETROEDGE: SNAPSHOT
TABLE 080. PETROEDGE: BUSINESS PERFORMANCE
TABLE 081. PETROEDGE: PRODUCT PORTFOLIO
TABLE 082. PETROEDGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 082. PETROLEUM EXPERTS LTD.: SNAPSHOT
TABLE 083. PETROLEUM EXPERTS LTD.: BUSINESS PERFORMANCE
TABLE 084. PETROLEUM EXPERTS LTD.: PRODUCT PORTFOLIO
TABLE 085. PETROLEUM EXPERTS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 085. HOT ENGINEERING GMBH: SNAPSHOT
TABLE 086. HOT ENGINEERING GMBH: BUSINESS PERFORMANCE
TABLE 087. HOT ENGINEERING GMBH: PRODUCT PORTFOLIO
TABLE 088. HOT ENGINEERING GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 088. PETROFAC LIMITED: SNAPSHOT
TABLE 089. PETROFAC LIMITED: BUSINESS PERFORMANCE
TABLE 090. PETROFAC LIMITED: PRODUCT PORTFOLIO
TABLE 091. PETROFAC LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 091. RIGWORLD TRAINING: SNAPSHOT
TABLE 092. RIGWORLD TRAINING: BUSINESS PERFORMANCE
TABLE 093. RIGWORLD TRAINING: PRODUCT PORTFOLIO
TABLE 094. RIGWORLD TRAINING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 094. OTHERS MAJOR PLAYERS: SNAPSHOT
TABLE 095. OTHERS MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 096. OTHERS MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 097. OTHERS MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY TYPE
FIGURE 012. OPERATIONAL TRAINING MARKET OVERVIEW (2016-2028)
FIGURE 013. DOMAIN TRAINING MARKET OVERVIEW (2016-2028)
FIGURE 014. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY TRAINING MODE
FIGURE 015. TRAINING COURSES MARKET OVERVIEW (2016-2028)
FIGURE 016. E-LEARNING MARKET OVERVIEW (2016-2028)
FIGURE 017. SIMULATOR MARKET OVERVIEW (2016-2028)
FIGURE 018. UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY END-USER
FIGURE 019. INDEPENDENT OIL COMPANIES MARKET OVERVIEW (2016-2028)
FIGURE 020. NATIONAL OIL COMPANIES MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA UPSTREAM PETROTECHNICAL TRAINING SERVICE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Upstream Petrotechnical Training Service Market research report is 2022-2028.
IADC, EAGE, Society of Exploration Geophysicists, PetroSkills, IFP Training, Total, Royal Dutch Shell, Baker Hughes, Halliburton, Intertek Group plc, RPS Group, Petroknowledge, Aucerna, International Human Resources Development Corporation, PetroEdge, Petroleum Experts Ltd., HOT Engineering GmbH, Petrofac Limited, Rigworld Training, and Other Major Players.
Upstream Petrotechnical Training Service Market is segmented into Type, Training Mode, End-User and region. By Type, the market is categorized into Operational Training, Domain Training. By Training Mode, the market is categorized into Training Courses, E-Learning, and Simulator. By End-User, the market is categorized into Independent Oil Companies, National Oil Companies. By region, it is analysed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The upstream industry involves the process of oil and gas exploration and surface production trapped in underground deposits. Fluctuations in crude oil prices, upstream companies are focusing on exploration and reduction of production costs. Upstream oil technology training services contribute significantly to improving the productivity of the oil technology industry.
Global Upstream Petrotechnical Training Service Market was valued at USD 893.22 Million in 2021 and is expected to reach USD 1388.05 Million by the year 2028, at a CAGR of 6.5%.