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Qatar Oilfield Service Market Size, Share & COVID-19 Impact Analysis, By Type (Equipment Rental, Field Operation, and Analytical Services), By Service (By Geophysical Service, By Drilling Service, Completion & Workover, Production, Processing & Separation), By Application (Onshore, Offshore {Shallow Water, Deep Water, and Ultra-deep Water}) and Forecasts, 2023-2030

Last Updated :April 01, 2024 | Format: PDF | Report ID: FBI107771



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The Qatar oilfield service market size was valued at USD 1.69 billion in 2022. The market is projected to grow from USD 1.79 billion in 2023 to USD 2.54 billion by 2030, exhibiting a CAGR of 5.18% during the forecast period.

Oilfield services refer to the range of specialized activities and equipment provided to the oil & gas market including drilling, well completion, production optimization, reservoir evaluation, and maintenance. These services support oil and gas resource exploration, oil extraction, and processing, thereby enhancing operational efficiency and maximizing hydrocarbon recovery.


Slowdown in Oil Production and Services amid COVID-19 Pandemic Hampered Market Growth

The COVID-19 pandemic significantly impacted oilfield solutions in Qatar, as it did globally. The decrease in oil demand and the subsequent decline in oil prices led to reduced exploration and production activities. Many companies offering oilfield solutions faced project cancellations, disruptions in the supply chain, delays in Engineering Procurement & Construction (EPC) contracts, and reduced budgets, resulting in workforce reductions and financial challenges. Subsequently, the economic impact of the pandemic forced many companies in Qatar to face financial pressures due to reduced revenues and an uncertain market. However, the Qatari government implemented measures to support the energy sector including financial assistance and incentives to mitigate the impact and facilitate recovery.


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Expansion of Upstream Operations to Propel Market Opportunities

Qatar Petroleum plans to expand its upstream operations including developing new oil and gas fields. This move is expected to present opportunities for companies to provide various services including drilling, well completion, and production optimization.

One recent development in this context occurred in May 2022, wherein Oil Plus, a U.K.-based oilfield solutions company, secured two produced water-related projects in Qatar totaling USD 450,000. As per the contract, Oil Plus will deliver a Pre-FEED oil and water analysis for Qatar Energy, a water injection study, and a systems optimization review for North Oil Company (NOC), the operator of the giant artificial intelligence (Al)-Shaheen offshore oil field in Qatar.


Focus on Increasing Oil Production from Oil Fields to Propel Market Growth

Several factors are driving the Qatar oilfield service market growth; one of those is increasing oil production. Qatar is one of the largest oil-exporting countries, and with the government’s ambitious plans to increase oil and gas production, there is a growing demand for specialized services and equipment. For example, In September 2022, QatarEnergy signed a contract with TotalEnergies to expand North Field South to increase gas capacity. TotalEnergies will invest around USD 1.5 billion in Qatar’s planned expansion of liquefied natural gas capacity, which may strengthen the country’s position as the world’s largest LNG exporter.

Moreover, Qatar’s crude oil fields are experiencing a declining production rate. For example, as per the U.S. Energy Information Administration (EIA), Qatar’s crude oil production declined from 852,000 b/d in 2008 to 616,000 b/d in 2022. Companies, such as QatarEnergy are using services, such as Enhanced Oil Recovery (EOR) in redevelopment projects to sustain the production capacity. It will likely offset some of the production declines and add small amounts of crude oil to the country’s total production. For context, the Al-Shaheen field, Qatar’s largest crude oil field, increased production by around 60,000 b/d from 2020 to 2022.

Increasing Emphasis on Enhanced Oil Recovery (EOR) and Development of Domestic Capabilities to Drive Market Growth

Qatar is focusing on enhancing its oil recovery techniques to maximize production from mature fields. EOR methods, such as water, gas, and chemical flooding, require specialized expertise and services. As Qatar aims to increase oil recovery rates, the demand for EOR-related oilfield solutions is expected to grow. Moreover, Qatar has been emphasizing on the development of local capabilities and expertise in the oil & gas sector. This includes promoting local and major companies to provide oilfield solutions and encouraging technology transfer and knowledge sharing. As Qatar strives for greater self-sufficiency and localization, the demand for these services will increase.


Decline in Oil Production & Reduction in Oil Spending to Hamper Market Growth

With proven crude oil reserves estimated at 25.2 billion barrels as of January 1, 2023, Qatar held the 6th largest reserves in the Middle East and the 14th largest globally. Moreover, Qatar’s crude oil and lease condensate production for 2021 ranked 14th in the world, and most of the country’s production is exported. Subsequently, Qatar’s export of oil, gas, and petroleum products, among many others, is a major contributor to its GDP. However, oil wells in Qatar have reached their maturity level, resulting in a slow decline in its oil production and further impacting the demand for production-related oilfield solutions. Moreover, the inflationary pressures on Qatar have led to rising production costs, delays in investment decisions, and increased policy uncertainty in the oil and gas industry.


By Type Analysis

Field Operation to Dominate Market Due To Its Prevalence In Oilfield Operations

Based on service type, the market is trifurcated into the Equipment Rental, Field Operation, and Analytical Services. The field operation segment held a dominant Qatar oilfield service market share owing to the country’s significant oil reserves, allowing various international and domestic oilfield solution providers to provide a range of services including drilling, well maintenance, production optimization, and many others.

With ongoing investments in the country’s oil & gas sector, the demand for oilfield operations is expected to rise in the coming years. Furthermore, the demand for analytical services will likely be driven by the increasing focus on optimizing oil & gas processes.

Oilfield analytical tools provide real-time data analysis and decision-making tools, enabling oil companies to improve efficiency, reduce cost, and enhance safety.

By Service Analysis

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Production Services to Gain Traction Due to Increasing Global Oil Demand

Based on service, the market is segmented into geophysical services, drilling services, completion & workover, production, and processing & separation. The production segment is dominating the market due to the increasing maintenance and optimization of oil wells in Qatar.

Oil production, Qatar’s key operation, has made oilfield operations the key component in the country’s oil industry. For example, as per BP Statistical Review of World Energy 2022, Qatar produced 1,746 thousand barrels of oil daily in 2021, an increase of 1.9% from the previous year.

By Application Analysis

Onshore Applications to Dominate Market Due to High Onshore Oil Production

Based on application, this market is bifurcated into onshore and offshore segment. The onshore segment will dominate the market as oilfield solutions for onshore applications are in high demand due to the country’s large onshore oil reserves. The services generally include exploration, drilling, production, and recovery services.

For instance, Dukhan, which is one of the largest onshore oilfields located approximately 80 kilometers west of Doha, is majorly involved in the production of crude oil as well as associated gases and others.


The market in Qatar is highly specialized, focusing on providing drilling, well-completion, and production enhancement services. Some key players in Qatar oilfield services industry include Schlumberger, Baker Hughes, Halliburton, and Weatherford International. Qatar has significantly invested in developing its oil and gas infrastructure. This includes constructing the Ras Laffan Industrial City, which houses several Liquefied Natural Gas (LNG) facilities and has become a major hub for the country’s gas exports. For instance, Qatar has almost 24.7 trillion cubic meters of gas reserves. It has also been investing in renewable energy, with plans to increase the share of renewable energy in its energy mix to 20% by 2030. However, oil and gas will likely remain the country’s dominant energy sources for the foreseeable future.


Major Players to See Significant Growth in Market Opportunities

The market for Qatar’s oilfield services is highly competitive. Key players are competing with a broad spectrum of companies that provide oilfield solutions and services.

These firms compete in service offerings, engineering expertise, high-quality of customer service, and other areas.

The company has faced numerous regional competitors including international and domestic key players. Major key players include National Energy Services Reunited Corp., Gulf Drilling International, SLB, and Halliburton.

Apart from these major players, several regional companies provide oilfield solutions in Qatar including Astra Oilfield Services & Trading, Stark Oilfield Service Company, Doha Oilfield Services WLL, NIMR Oil, and others.

List of Key Companies Profiled:


  • April 2023 – QatarEnergy awarded a major contract to Baker Hughes for a leading natural gas field. As per the contract, Baker Hughes will supply two Main Refrigerant Compressors (MRCs) to the North Field South (NFS) project, which was executed by Qatargas.

  • December 2021 – Weatherford was awarded a 3-year digital oilfield contract by Kuwait Oil Company. The contract aimed to support the company’s digital conversion strategy in the oil field.

  • June 2021 – Halliburton received a contract from Kuwait Oil Company (KOC) for accelerating the company’s digital traction journey. The goal would be achieved by adding solutions that will increased the operational efficiency and production rate.

  • April 2021 – Halliburton launched a new wireline logging service namely StrataXaminer. The device/system would enable operators to get more precise data regarding a drilled hole which would further help them with potential production.

  • July 2020 – Fugro completed the offshore site investigation for Qatar Gas’ North filed production. The investigation covered cone penetration testing and P-S logging results.


An Infographic Representation of Qatar Oilfield Service Market

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The report provides detailed market analysis and focuses on key aspects, such as leading companies, market size, competitive landscape, product/service types, porters five forces analysis, and leading applications of the service. Besides, the report offers insights into the latest market trends and highlights key industry developments. In addition to the above factors, the report encompasses several factors that have contributed to the market’s growth in recent years.




Study Period


Base Year


Estimated Year


Forecast Period


Historical Period


Growth Rate

CAGR of 5.18% from 2023 to 2030


Value (USD Billion)


By Type

  • Equipment Rental

  • Field Operation

  • Analytical Services

By Service

  • By Geophysical Service

    • Seismic Equipment

    • Seismic Service

  • By Drilling Service

    • Offshore Drilling

    • OCTG

    • Directional Drilling

    • Drilling Fluid

    • Well Casing

    • Well Cementing

    • Drill Bits

    • Drilling Rigs

    • Logging While Drilling

    • Measurement While Drilling

    • Managed Pressure Drilling

    • Waste Management

    • Others

  • By Completion & Workover

    • Well Intervention

    • Completion Fluid

    • Hydraulic Fracturing

    • Sand Control

    • Mud Logging

    • Wireline Logging

    • Others

  • By Production

    • Artificial lift

    • Floating Production Vessel

    • Support Vessel

    • Well Testing

    • Subsea Equipment

    • Christmas Tree

    • Enhanced Oil Recovery

    • Digital Oil Field

    • Others

  • By Processing & Separation

    • Water Treatment

    • Oil Treatment

    • Gas Treatment

    • Solid Management

    • Others

By Application

  • Onshore

  • Offshore

    • Shallow Water

    • Deep Water

    • Ultra-deep Water

Frequently Asked Questions

The Fortune Business Insights study shows that the market was valued at USD 1.69 billion in 2022.

Based on service, the production segment dominates the Qatar market.

The Qatar market size is expected to reach USD 2.54 billion by 2030.

The key market drivers include increasing oil and gas production and technological advancements in the oil field service offerings.

The top players in the market are SLB, Halliburton, Baker Hughes, and Weatherford, among others.

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