Increasing Need for Crude Oil Production Spurs Well Intervention Market Growth
Global demand for well intervention services was valued at US$ 8.16 billion in 2023 and is anticipated to grow to US$ 16 billion by the end of 2033. The well intervention market is expected to expand at a compound annual growth rate (CAGR) of 7% over the next decade (2023 to 2033). The well intervention market plays a critical role in the oil and gas industry, focusing on services that enhance...
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