ECONOMIC ANALYSIS OF ENGINEERING SERVICE PROVIDERS IN OIL AND GAS EXPLORATION SECTOR

Abstract

Service providers and key players in Oil and Gas exploration business. The role of service provider start, once decision to explore oil and gas field, is taken. They can manage all the exploration activities in a cost effective manner. This paper explores the opportunities and micro/macro aspects of service provider operating in India. The paper also covers details of various technical services rendered by the service providers. Along with it, there are relevant details about the major service providers. We have analysed companies operating in the field in reference to technical and major trend forces acting on them. To understand the future of Oil and Gas exploration engineering service providers, SWOT and current market analysis were performed.