APO RESEARCH · REPORT
Offshore Drilling
Offshore drilling is a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.
Product & engineering
Understand the product.
Offshore drilling is a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.
Selected research
Industry Growth & Trends
Global Offshore Drilling Industry Growth and Trends Forecast to 2032
Market perspective
Offshore drilling is a mechanical process where a wellbore is drilled through the seabed. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed.
Europe is the largest Offshore Drilling market with about 46% market share. Latin America is follower, accounting for about 22% market share.
The key players are Keppel Corporation, Sembcorp Marine, DSME, SHI, HHI, NOV, CIMC Raffles, CSIC Dalian, COSCO, CMHI etc. Top 3 companies occupied about 29% market share.
Read the full market overview
Report Scope
This report provides a structured, data-driven view of the global Offshore Drilling market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Offshore Drilling market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Offshore Drilling market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Offshore Drilling.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Offshore Drilling market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Offshore Drilling Market by Company
Keppel Corporation
Sembcorp Marine
DSME
SHI
HHI
NOV
CIMC Raffles
CSIC Dalian
COSCO
CMHI
Offshore Drilling Segment by Type
Jackups
Semi-submersible
Drillships
Offshore Drilling Segment by Application
Oil and Gas
Others
Offshore Drilling Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Offshore Drilling market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Offshore Drilling and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Offshore Drilling.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Offshore Drilling manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Offshore Drilling in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Jackups
- Semi-submersible
- Drillships
Applications
- Oil and Gas
- Others
Companies covered
- Keppel Corporation
- Sembcorp Marine
- DSME
- SHI
- HHI
- NOV
- CIMC Raffles
- CSIC Dalian
- COSCO
- CMHI
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Offshore Drilling Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Offshore Drilling Sales Estimates and Forecasts (2021-2032)
- 1.3 Offshore Drilling Market by Type
- 1.3.1 Jackups
- 1.3.2 Semi-submersible
- 1.3.3 Drillships
- 1.4 Global Offshore Drilling Market Size by Type
- 1.4.1 Global Offshore Drilling Market Size Overview by Type (2021-2032)
- 1.4.2 Global Offshore Drilling Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Offshore Drilling Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Offshore Drilling Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Offshore Drilling Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Offshore Drilling Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Offshore Drilling Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Offshore Drilling Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Offshore Drilling Industry Trends
- 2.2 Offshore Drilling Industry Drivers
- 2.3 Offshore Drilling Industry Opportunities and Challenges
- 2.4 Offshore Drilling Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Offshore Drilling Revenue (2021-2026)
- 3.2 Global Top Players by Offshore Drilling Sales (2021-2026)
- 3.3 Global Top Players by Offshore Drilling Price (2021-2026)
- 3.4 Global Offshore Drilling Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Offshore Drilling Major Company Production Sites & Headquarters
- 3.6 Global Offshore Drilling Company, Product Type & Application
- 3.7 Global Offshore Drilling Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Offshore Drilling Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Offshore Drilling Players Market Share by Revenue in 2025
- 3.8.3 2025 Offshore Drilling Tier 1, Tier 2, and Tier 3
4 Offshore Drilling Regional Status and Outlook
- 4.1 Global Offshore Drilling Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Offshore Drilling Historic Market Size by Region
- 4.2.1 Global Offshore Drilling Sales in Volume by Region (2021-2026)
- 4.2.2 Global Offshore Drilling Sales in Value by Region (2021-2026)
- 4.2.3 Global Offshore Drilling Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Offshore Drilling Forecasted Market Size by Region
- 4.3.1 Global Offshore Drilling Sales in Volume by Region (2027-2032)
- 4.3.2 Global Offshore Drilling Sales in Value by Region (2027-2032)
- 4.3.3 Global Offshore Drilling Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Offshore Drilling by Application
- 5.1 Offshore Drilling Market by Application
- 5.1.1 Oil and Gas
- 5.1.2 Others
- 5.2 Global Offshore Drilling Market Size by Application
- 5.2.1 Global Offshore Drilling Market Size Overview by Application (2021-2032)
- 5.2.2 Global Offshore Drilling Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Offshore Drilling Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Offshore Drilling Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Offshore Drilling Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Offshore Drilling Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Offshore Drilling Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Offshore Drilling Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Keppel Corporation
- 6.1.1 Keppel Corporation Company Information
- 6.1.2 Keppel Corporation Business Overview
- 6.1.3 Keppel Corporation Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Keppel Corporation Offshore Drilling Product Portfolio
- 6.1.5 Keppel Corporation Recent Developments
- 6.2 Sembcorp Marine
- 6.2.1 Sembcorp Marine Company Information
- 6.2.2 Sembcorp Marine Business Overview
- 6.2.3 Sembcorp Marine Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Sembcorp Marine Offshore Drilling Product Portfolio
- 6.2.5 Sembcorp Marine Recent Developments
- 6.3 DSME
- 6.3.1 DSME Company Information
- 6.3.2 DSME Business Overview
- 6.3.3 DSME Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 DSME Offshore Drilling Product Portfolio
- 6.3.5 DSME Recent Developments
- 6.4 SHI
- 6.4.1 SHI Company Information
- 6.4.2 SHI Business Overview
- 6.4.3 SHI Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 SHI Offshore Drilling Product Portfolio
- 6.4.5 SHI Recent Developments
- 6.5 HHI
- 6.5.1 HHI Company Information
- 6.5.2 HHI Business Overview
- 6.5.3 HHI Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 HHI Offshore Drilling Product Portfolio
- 6.5.5 HHI Recent Developments
- 6.6 NOV
- 6.6.1 NOV Company Information
- 6.6.2 NOV Business Overview
- 6.6.3 NOV Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 NOV Offshore Drilling Product Portfolio
- 6.6.5 NOV Recent Developments
- 6.7 CIMC Raffles
- 6.7.1 CIMC Raffles Company Information
- 6.7.2 CIMC Raffles Business Overview
- 6.7.3 CIMC Raffles Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 CIMC Raffles Offshore Drilling Product Portfolio
- 6.7.5 CIMC Raffles Recent Developments
- 6.8 CSIC Dalian
- 6.8.1 CSIC Dalian Company Information
- 6.8.2 CSIC Dalian Business Overview
- 6.8.3 CSIC Dalian Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 CSIC Dalian Offshore Drilling Product Portfolio
- 6.8.5 CSIC Dalian Recent Developments
- 6.9 COSCO
- 6.9.1 COSCO Company Information
- 6.9.2 COSCO Business Overview
- 6.9.3 COSCO Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 COSCO Offshore Drilling Product Portfolio
- 6.9.5 COSCO Recent Developments
- 6.10 CMHI
- 6.10.1 CMHI Company Information
- 6.10.2 CMHI Business Overview
- 6.10.3 CMHI Offshore Drilling Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 CMHI Offshore Drilling Product Portfolio
- 6.10.5 CMHI Recent Developments
7 North America by Country
- 7.1 North America Offshore Drilling Sales by Country
- 7.1.1 North America Offshore Drilling Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Offshore Drilling Sales by Country (2021-2026)
- 7.1.3 North America Offshore Drilling Sales Forecast by Country (2027-2032)
- 7.2 North America Offshore Drilling Market Size by Country
- 7.2.1 North America Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Offshore Drilling Market Size by Country (2021-2026)
- 7.2.3 North America Offshore Drilling Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Offshore Drilling Sales by Country
- 8.1.1 Europe Offshore Drilling Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Offshore Drilling Sales by Country (2021-2026)
- 8.1.3 Europe Offshore Drilling Sales Forecast by Country (2027-2032)
- 8.2 Europe Offshore Drilling Market Size by Country
- 8.2.1 Europe Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Offshore Drilling Market Size by Country (2021-2026)
- 8.2.3 Europe Offshore Drilling Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Offshore Drilling Sales by Country
- 9.1.1 Asia-Pacific Offshore Drilling Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Offshore Drilling Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Offshore Drilling Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Offshore Drilling Market Size by Country
- 9.2.1 Asia-Pacific Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Offshore Drilling Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Offshore Drilling Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Offshore Drilling Sales by Country
- 10.1.1 South America Offshore Drilling Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Offshore Drilling Sales by Country (2021-2026)
- 10.1.3 South America Offshore Drilling Sales Forecast by Country (2027-2032)
- 10.2 South America Offshore Drilling Market Size by Country
- 10.2.1 South America Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Offshore Drilling Market Size by Country (2021-2026)
- 10.2.3 South America Offshore Drilling Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Offshore Drilling Sales by Country
- 11.1.1 Middle East and Africa Offshore Drilling Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Offshore Drilling Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Offshore Drilling Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Offshore Drilling Market Size by Country
- 11.2.1 Middle East and Africa Offshore Drilling Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Offshore Drilling Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Offshore Drilling Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Offshore Drilling Value Chain Analysis
- 12.1.1 Offshore Drilling Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Offshore Drilling Production Mode & Process
- 12.2 Offshore Drilling Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Offshore Drilling Distributors
- 12.2.3 Offshore Drilling Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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