Global Deepwater And Ultradeepwater Market Share
North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa comprise the regions that make up the deepwater and ultra-deepwater exploration and production market. Middle East & Africa held the most significant market share in 2018 and is anticipated to maintain its lead during the anticipated period. One of Africa's most promising opportunities is the offshore sector in Angola, which continues to attract significant investment. Drilling findings are encouraging, and recent exploration has produced several important discoveries. Exploration of the most promising terrain in Angola's pre-salt, deepwater, and ultra-deep-water regions can be described as high-risk, high-reward. Most drilling is anticipated to remain focused on deepwater and pre-salt opportunities, led by major players in the industry, including the national oil company Sonangol and corporations like Chevron, BP, Eni, Exxon Mobil, Statoil, and Total.