DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/st56sk/global_satellite) has announced the addition of the "Global Satellite Communication Market in the Oil and Gas Industry 2014-2018" report to their offering.
Currently, almost 135 UDW rigs are being operated in the Atlantic Ocean. The number of UDW rigs is expected to reach 220-230 units by 2018. Geographically, these rigs will be placed in very risky offshore locations such as in the Indian Ocean, the Pacific Ocean nearer to China, and the Atlantic Ocean nearer to Canada and Greenland. UDW is a very complex exploration process that requires very high safety as well as efficient operational performance. In addition, it requires a large amount of integrated real-time process automation associated with high risks. Hence, UDW rigs require highly reliable broadband networks. Further, as the UDW market is expanding, there is a need for robust and remote communication services in new areas. Thus, satellite communication for UDW exploration is an emerging trend that is expected to propel the growth of the market.
According to the report, one of the main drivers in this market is the challenging environment of oil and gas rigs. Most of the oil and gas exploration and drilling works are carried out in remote places such as deserts, where the temperature shifts from -10 degrees Celsius to almost 50 degrees Celsius; offshore oil and gas drilling rigs, where wind, rain, and waves make for an incredibly hostile workplace; and deep-water oil and gas exploration, where the depth plays a hostile environment.
Further, the report states that one of the major challenges in this market is the increasing adoption of fiber optic connectivity. Most of the E&P companies are adopting fiber optics communication as an alternative to satellite communications. In addition, many companies with onshore rigs are adopting terrestrial fiber optics connections for backup networks during emergency situations. Recently, BP rolled out a 1,280-kilometer fiber network in the Gulf of Mexico.
The key vendors dominating this market space are:
- Harris CapRock Communications Inc.
- Inmarsat plc.
- KVH Industries Inc.
- RigNet Inc.
- Vizada Inc.
Other vendors mentioned in the report are:
- APT Satellite Company Ltd.
- C-Com Satellite Systems Inc.
- DTS Inc.
- Hermes Datacommunications International Ltd.
- Hughes Satellite Systems Corp.
- ITC Global, Inc.
- Orange Business Services
- Singapore Telecommunications Ltd.
- STM Group, Inc.
-
Telespazio SpA.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Revenue Segmentation
08. In-Service Unit Segmentation
09. Bandwidth Segmentation
10. Geographical Segmentation
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
19. Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/st56sk/global_satellite
