2015 Russian oilfield service market: current state and trends
What does 2015 hold for the Russian oil and gas market? Deloitte CIS has published its annual forecast that looks at the developments and the future of the Russian oilfield services industry.
The report analyses the trends in the oilfield services market and offers a detailed view of the sectors such as exploration, drilling, repair, and geophysical services.
According to experts, the oil and gas and oilfield services markets are currently facing uncertainty. A significant drop in oil prices in late 2014 has led analysts to downgrade their forecasts. The market remains volatile and unpredictable due to a number of factors, including political and economic instability in the oil producing regions.
The forecast prepared by Deloitte CIS also discusses the factors that influence the situation in the Russian oilfield services market and looks at the behaviour of the key players.