Dublin, Nov. 24, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Well Completion Equipment and Services Market Report and Forecast 2025-2034" report has been added to ResearchAndMarkets.com's offering.
The Saudi Arabia well completion equipment and services market size is projected to grow at a CAGR of 4.50% between 2025 and 2034. The market is being aided by the rising oil production and evolving regulatory landscape in the country's oil and gas sector.
Saudi Arabia remains a global leader in oil production, and the sustained demand for hydrocarbons both domestically and internationally is a primary driver of Saudi Arabia well completion equipment and services market demand. The need to extract and process these resources efficiently drives continuous innovation in completion techniques.
The evolving regulatory landscape in Saudi Arabia's oil and gas industry, driven by the increasing global focus on environmental sustainability, is a significant factor supporting the Saudi Arabia well completion equipment and services market growth. As the government prioritises sustainability in the oil and gas sector, there is an increasing need for advanced well-completion solutions that can enhance operational efficiency, while reducing environmental impact.
Advanced technologies are being employed to enhance the efficiency of the completion process. The increasing integration of IoT (Internet of Things) and AI (Artificial Intelligence) technologies is one of the major Saudi Arabia well completion equipment and services market trends. These technologies are employed to enhance the efficiency of the completion process.
Market Share by Type
Multi-stage fracturing tools are likely to account for a significant portion of the Saudi Arabia well completion equipment and services market share in the forecast period. Multi-stage fracturing tools are integral to the hydraulic fracturing process. This technique is employed in the oil and gas industry to enhance the production of hydrocarbons from unconventional reservoirs like shale formations.
These tools help in extracting a greater volume of hydrocarbons from reservoirs by creating multiple fractures along the wellbore. By doing so, a larger surface area of the reservoir rock is exposed to the wellbore, increasing the potential for oil and gas recovery.
Market Share by Location of Deployment
According to the Saudi Arabia well completion equipment and services market analysis, increasing onshore activities significantly affects the growth of the market. The country is committed to onshore drilling due to its intention to stay as a global leader in the field of oil production. Moreover, a notable development that is expected to further propel the growth of onshore drilling activities is the emergence of onshore shale reserves.
Competitive Landscape
The comprehensive report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Saudi Arabia well completion equipment and services market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Schlumberger Limited
Schlumberger Limited, a multinational company specialising in oilfield services, is headquartered in Paris, France. It stands as one of the largest global entities in its field, offering an extensive array of services and cutting-edge technologies to the oil and gas industry. Established back in 1926, Schlumberger has developed a diverse range of solutions, spanning from reservoir analysis and drilling to production and processing within the oil and gas sector.
Halliburton Energy Services Inc.
Halliburton Energy Services Inc. is a multinational corporation specialising in delivering a wide array of products and services to the energy sector, with a strong emphasis on the oil and gas industry. Founded in 1919, the company is headquartered in Houston, Texas, USA. Its comprehensive service portfolio encompasses drilling, evaluation, completion, and production of both oil and natural gas wells, solidifying its position as a prominent player in this industry.
Baker Hughes Company
Baker Hughes Company, commonly known as Baker Hughes, is a multinational industrial service company providing a range of services and solutions to the oil and gas industry. The company was founded in 1907 with its current headquarters located in Texas, USA. Since the company began operations, it has developed and offered a wide array of services and products for oil and gas exploration, drilling, production, and reservoir management.
Other Saudi Arabia well completion equipment and services market players are Weatherford International plc, National-Oilwell Varco Inc., TAQA KSA, Superior Energy Services Inc., Packers Plus Energy Services Inc., and Welltec A/S, among others.
Key Topics Covered:
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 Global Well Completion Equipment and Services Market Overview
5.1 Key Industry Highlights
5.2 Global Well Completion Equipment and Services Historical Market (2018-2024)
5.3 Global Well Completion Equipment and Services Market Forecast (2025-2034)
5.4 Global Well Completion Equipment and Services Market Share by Region
5.4.1 North America
5.4.2 Europe
5.4.3 Asia Pacific
5.4.4 Latin America
5.4.5 Middle East and Africa
6 Saudi Arabia Well Completion Equipment and Services Market Overview
6.1 Key Industry Highlights
6.2 Saudi Arabia Well Completion Equipment and Services Historical Market (2018-2024)
6.3 Saudi Arabia Well Completion Equipment and Services Market Forecast (2025-2034)
7 Saudi Arabia Well Completion Equipment and Services Market by Type
7.1 Packers
7.1.1 Historical Trend (2018-2024)
7.1.2 Forecast Trend (2025-2034)
7.2 Sand Control Tools
7.3 Multi-Stage Fracturing Tools
7.4 Liner Hangers
7.5 Smart Wells
7.6 Safety Valves
7.7 Others
8 Saudi Arabia Well Completion Equipment and Services Market by Location of Deployment
8.1 Onshore
8.1.1 Historical Trend (2018-2024)
8.1.2 Forecast Trend (2025-2034)
8.2 Offshore
9 Market Dynamics
9.1 SWOT Analysis
9.2 Porter's Five Forces Analysis
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Competitive Landscape
10.1 Supplier Selection
10.2 Key Global Players
10.3 Key Regional Players
10.4 Key Player Strategies
10.5 Company Profiles
10.5.1 Schlumberger Limited
10.5.1.1 Company Overview
10.5.1.2 Product Portfolio
10.5.1.3 Demographic Reach and Achievements
10.5.1.4 Certifications
10.5.2 Halliburton Energy Services Inc.
10.5.3 Baker Hughes Company
10.5.4 Weatherford International plc
10.5.5 National-Oilwell Varco Inc.
10.5.6 TAQA KSA
10.5.7 Superior Energy Services Inc.
10.5.8 Packers Plus Energy Services Inc.
10.5.9 Welltec A/S
For more information about this report visit https://www.researchandmarkets.com/r/uskga7
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