Global Upstream Petrotechnical Training Services Market – Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Upstream Petrotechnical Training Services Market By Training Mode (Training Courses, E-Learning, Simulator), Training Type (Operational Training, Domain Training), Upstream Sector (Exploration, Development, Production), End-User (National Oil Companies, Independent Oil Companies), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Upstream Petrotechnical Training Services Market

Global upstream petrotechnical training services market is expected to register a substantial CAGR of 6.43% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the need of various organizations for being aware regarding the different regulations presented by authorities of a particular region, along with reducing the chances of any illegal or unethical activities in the organization.

Market Definition: Global Upstream Petrotechnical Training Services Market

Upstream petrotechnical training services are specialised knowledgeable and training methods designed for the petrotechnical industry, helping organizations increase their overall productivity by enhancing the skills of their employees. These services help in the enhancement of overall enrichment of knowledge in the organization so that the overall optimization can be achieved in the production cycle.

Market Drivers:

  • Increasing demand from various organizations to employ skilled amounts of workforce in their businesses is expected to boost the growth of the market
  • Various technological advancements in the market resulting in consistent upgradation of knowledge of human force employed in this industry; this factor is expected to boost the growth of the market
  • Presence of strict government regulations and compliances regarding the safety of individuals in these industries is expected to augment growth of the market
  • Various real-life simulative experiences with the simulative training modules is expected to drive the growth of the market

Market Restraints:

  • Increasing cost of training expenditure resulting in lower return on investments for organizations in an already competitive market is expected to restrict the growth of the market
  • High levels of resources required for e-learning services which is also expected to restrict the growth of the market

Segmentation: Global Upstream Petrotechnical Training Services Market

By Training Mode

  • Training Courses

    • Face-To-Face
    • In-House
    • Online

  • E-Learning
  • Simulator (Immersive Training)

By Training Type

  • Operational Training

    • Information Management
    • Health, Safety & Environment (HSE)

  • Domain Training

    • Geology & Geophysics
    • Petrophysics
    • Surface Facilities Design & Engineering
    • Geomechanics
    • Field Operations & Management
    • Reservoir Engagement
    • Drilling Engineering
    • Production Engineering
    • Economics & Finance

By Upstream Sector

  • Exploration
  • Development
  • Production

By End-User

  • National Oil Companies
  • Independent Oil Companies

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In February 2019, 13th edition of International Oil & Gas Conference and Exhibition was held in Uttar Pradesh, India from 10-12th February, 2019, organized in combination between Oil & Natural Gas Corporation Limited and Ministry of Petroleum and Natural Gas of India. The exhibition discussed the various opportunities currently present in the market with the latest technologies available in the oil & gas industry
  • In November 2017, Schlumberger Limited announced that they had initiated their analysis laboratory located in Texas, United States providing petrotechnical experts with better availability of equipment and technologies for better understanding and analysis of rocks and fluids resulting in complete reservoir characterization. The facility also includes a “Center of Excellence” which will help organizations conduct better and effective research & testing of production chemicals

Competitive Analysis

Global upstream petrotechnical training services market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of upstream petrotechnical training services market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global upstream petrotechnical training services market are Society of Petroleum Engineers; IADC; EAGE; Society of Exploration Geophysicists; Petroskills; API; IFP Training; Total; Royal Dutch Shell; Baker Hughes; Halliburton; Intertek Group plc; RPS Group; Petroknowledge; NOVOMET; Aucerna; International Human Resources Development Corporation; PetroEdge; Petex; HOT Engineering GmbH; Petrofac Limited; Rigworld Training and Simtronics Corporation among others.

Research Methodology: Global Upstream Petrotechnical Training Services Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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