Press release
Global Seismic Vessels Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
The most effective location for oil drilling in the middle of the oceans is found by using a seismic vessel as a survey vessel. Utilizing these vessels helps oil drilling businesses locate the best subsea locations for drilling. Oil and gas companies are looking to expand their operations into deeper waters and more remote areas, which has increased the need for accurate data on the geology of the ocean floor and underlying structures.
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By geography, Due to the rising demand for energy and the need to find new oil and gas reserves, the Asia Pacific region is expected to grow at the highest CAGR during the projection period. Technological developments also have an impact on the market because they lead to the development of seismic equipment that is more accurate and reliable. Furthermore, given the increased activity in the offshore waters of Vietnam, India, Indonesia, and Malaysia, countries in this region are also anticipated to experience significant growth in the seismic vessel market.
Some of the key players in Seismic Vessels market include Ulstein Group, Drydocks World, Hijos de J. Barreras SA, Singapore Technologies Engineering Ltd, Mitsubishi Heavy Industries, Ltd., Factorias Vulcano, ASL Marine Holdings Ltd, Niestern Sander, Kleven Maritime AS and Cemre Shipyard.
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