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A new report With two thirds of global oil reserves and an estimated 45% of the world’s natural gas reserves, the Middle East & North Africa (MENA) region is rightly regarded as the world’s most influential oil and gas province. Building on previous versions of The Middle East & North Africa Oilfield Services Market Report, the latest edition from industry analysts Douglas-Westwood, provides a detailed country-by-country examination of oil and gas markets across this critical region through to 2014. Amongst its key findings, the report forecasts that total global expenditure for onshore & offshore drilling & workover markets will grow by more than $10 billion (almost a third) by 2014 across the region. This is despite reduced energy demands brought about by the global recession and a curtailment in OPEC production during 2008 and 2009. Detailed country-by-country analysis The report offers a unique set of onshore & offshore drilling expenditure & workover forecasts for Algeria, Egypt, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, Syria, UAE and Yemen. It reveals that particularly strong growth is expected from onshore Iraq and offshore Iran – where gas developments will double over the next five years. The Middle East & North Africa Oilfield Services Market Report 2010-2014, also highlights the region’s prospective offshore production potential and a strong growth in offshore drilling – with Iran & Saudi Arabia responsible for much of the projected increase. It also suggests that Iraq, should investment in the country’s oilfield service sector continue as planned, could see an onshore production growth of nearly 75% to 2015. MENA market evolution The report is geared to senior executive needs and assumes no previous reader knowledge of the subject area. It describes the development of the oil and gas industry Prospects Technologies Markets Middle East & North Africa Oilfield Services Market Report 2010-2014 across the region and gives many examples of the offshore & onshore technologies required to successfully extract oil and gas deposits in each location. The report also illustrates historic and forecast oil and gas production across the region, the number of wells drilled and drilling rig requirements. In addition, it identifies key operational drilling and oilfield service contractors – listing active drilling rigs and coiled tubing units for each company. A total of 602 onshore drilling/workover rigs are identified. An acclaimed series The Middle East & North Africa Oilfield Services Market Report 2010-2014 is the latest in an acclaimed series of business studies used by organisations in over 60 countries worldwide. These include oil majors, investment banks, offshore contractors, agencies and government departments. The Authors Established in 1990, Douglas-Westwood is an independent employee-owned company and the leading provider of business research & analysis, strategy and commercial due diligence on the global energy services sectors. The company has offices in Canterbury England, Aberdeen Scotland and New York USA and, to date has, completed over 590 projects and provided products & services to 400 clients in 60 countries. Source: Saudi Aramco energy business analysts www.douglas-westwood.com e: publications@dw-1.com MENA Drilling and Workover (Countries) 2005-2014

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A new reportWith two thirds of global oil reserves and an estimated 45% of the world’s natural gas reserves, the Middle East & North Africa (MENA) region is rightly regarded as the world’s most influential oil and gas province. Building on previous versions of The Middle East & North Africa Oilfield Services Market Report, the latest edition from industry analysts Douglas-Westwood, provides a detailed country-by-country examination of oil and gas markets across this critical region through to 2014.

Amongst its key findings, the report forecasts that total global expenditure for onshore & offshore drilling & workover markets will grow by more than $10 billion (almost a third) by 2014 across the region. This is despite reduced energy demands brought about by the global recession and a curtailment in OPEC production during 2008 and 2009.

Detailed country-by-country analysisThe report offers a unique set of onshore & offshore drilling expenditure & workover forecasts for Algeria, Egypt, Iran, Iraq, Kuwait, Libya, Oman, Qatar, Saudi Arabia, Syria, UAE and Yemen. It reveals that particularly strong growth is expected from onshore Iraq and offshore Iran – where gas developments will double over the next five years.

The Middle East & North Africa Oilfield Services Market Report 2010-2014, also highlights the region’s prospective offshore production potential and a strong growth in offshore drilling – with Iran & Saudi Arabia responsible for much of the projected increase. It also suggests that Iraq, should investment in the country’s oilfield service sector continue as planned, could see an onshore production growth of nearly 75% to 2015.

MENA market evolutionThe report is geared to senior executive needs and assumes no previous reader knowledge of the subject area. It describes the development of the oil and gas industry

• Prospects

• Technologies

• Markets

Middle East & North Africa Oilfield Services Market Report 2010-2014

across the region and gives many examples of the offshore & onshore technologies required to successfully extract oil and gas deposits in each location.

The report also illustrates historic and forecast oil and gas production across the region, the number of wells drilled and drilling rig requirements. In addition, it identifies key operational drilling and oilfield service contractors – listing active drilling rigs and coiled tubing units for each company. A total of 602 onshore drilling/workover rigs are identified.

An acclaimed seriesThe Middle East & North Africa Oilfield Services Market Report 2010-2014 is the latest in an acclaimed series of business studies used by organisations in over 60 countries worldwide. These include oil majors, investment banks, offshore contractors, agencies and government departments.

The AuthorsEstablished in 1990, Douglas-Westwood is an independent employee-owned company and the leading provider of business research & analysis, strategy and commercial due diligence on the global energy services sectors. The company has offices in Canterbury England, Aberdeen Scotland and New York USA and, to date has, completed over 590 projects and provided products & services to 400 clients in 60 countries.

Source:SaudiAramco

energy business analysts www.douglas-westwood.come: [email protected]

MENADrillingandWorkover(Countries)2005-2014

Contents

• Introduction & Executive Summary - overview of key report findings and underlying drivers.

• MENA In The Context Of Global Energy Supply - long term global energy demands, LNG & pipeline diversification, the global gas market & regional upstream organisations.

• The MENA Energy Business - MENA energy policy, state involvement & technology needs.

• Technical Overview - seismic operations, drilling methods, drilling operations and workover operations.

• Competitive Landscape - onshore drilling, coiled tubing units, offshore drilling rig demand, drilling and well services & company profiles.

• Country Overviews - MENA drilling & wellstock, well productivity, Algeria, Egypt, Libya, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, Syria, UAE & Yemen.

• MENA OFS Market - the MENA OFS market model, pricing dynamics, offshore drilling total, onshore workover total, offshore drilling total, offshore workover total, country-by-country offshore workover & offshore drilling.

Middle East & North Africa Oilfield Services Market Report 2010-2014

“Wefoundthereport tobeextremelyhelpful forourproject” - Private equity firm

“Anamazingand comprehensivereport” - Financial Analyst

“Spentthewholeweekend readingit.Great.Excellent” - Project management consultant

ISBN 1-905183-52-6 No. of pages: 138 No. of charts/figures/tables: 200+

Quotesfrompreviousreportsintheseries

energy business analystswww.douglas-westwood.com

t: +44 (0)1227 780999f: +44 (0)1227 780880e: [email protected]

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