아프리카의 유전 서비스 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the Africa oilfield services market size is projected to expand from USD 8.04 billion in 2025 and USD 8.38 billion in 2026 to USD 11.44 billion by 2031, registering a CAGR of 6.42% between 2026 to 2031.

This report is Segmented by Service Type (Drilling Services, Completion Services, Production and Intervention Services, and Other Services), Location (Onshore and Offshore), Well Type (Conventional and Unconventional), and Geography (Nigeria, Angola, Algeria, Egypt, Libya, Republic of Congo, Ghana, Mozambique, and Rest of Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD).

Africa Oilfield Services Market Trends and Insights

Rising Deep-Water Exploration Campaigns in West Africa

Operators are steering a larger slice of exploration budgets toward pre-salt and ultra-deep-water acreage that offers multi-billion-barrel potential, underpinning premium day rates for seventh-generation drillships. Shell's USD 5 billion sanction of Bonga North in late 2024 mobilized subsea tree, riser, and dynamic-positioning packages that will keep contractors busy through 2028. Angola's Azule Energy followed with a USD 1.2 billion award to TechnipFMC for Block 15/06 in early 2025, validating integrated EPC models that bundle drilling, completion, and installation. Ghana's Pecan field, already producing 40,000 bpd, is tendering a fourth development well, sustaining demand for jack-ups and cementing services. Concentrated activity gives specialized contractors like Transocean and Valaris pricing power, with day rates topping USD 400,000, while land-focused firms endure margin compression. The deep-water pivot is therefore a primary growth vector for the Africa oilfield services market over the medium term.

Recovery in Oil Prices Boosting CAPEX by NOCs & IOCs

Brent prices above USD 80 in 2025 restored economic viability for projects shelved during the 2020 downturn. Sonatrach earmarked USD 50 billion for upstream work through 2028, granting Schlumberger a five-year integrated-services contract covering 12 concessions. Nigeria's NNPC secured USD 3 billion in financing to rehabilitate 21 marginal fields, an initiative expected to lift production by 200,000 bpd by 2027, thereby expanding opportunities for workover rigs and coiled-tubing units. Angola reopened licensing for eight offshore blocks in 2024; bids from TotalEnergies, Equinor, and Chevron depend on prices staying above USD 75 to justify high front-end costs. Although price volatility remains a risk, multiyear service contracts locked in during the current upcycle give the Africa oilfield services market a revenue floor through the short term.

Political Instability & Security Risks in Key Basins

Pipeline sabotage in Nigeria's Niger Delta adds USD 8 to USD 12 per barrel to lifting costs, and Shell divested its onshore stake for USD 2.4 billion in early 2025 to avoid community disputes and flaring penalties. Cabo Delgado insurgent attacks totaled 47 in 2024, and TotalEnergies' onshore LNG rebuild depends on a still-fragile security cordon. Libya's rival factions forced three production shutdowns in 2024, driving drillers to demand advance payments or sovereign guarantees. These security premiums erode margins and nudge capital toward stable jurisdictions, moderating the near-term revenue trajectory of the Africa oilfield services market.

Other drivers and restraints analyzed in the detailed report include:

1. Demand for Enhanced-Oil-Recovery in Mature Onshore Fields
2. Local-Content Mandates Spurring Indigenous Service Firms
3. Investor Decarbonization Pressure Curbing Financing

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Drilling held 43.2% of the Africa oilfield services market share in 2025, propelled by multi-well deep-water programs in Angola and Nigeria. The segment is expected to advance at 6.8% through 2031, with Sonatrach slated to drill 120 exploration and appraisal wells and Azule Energy restarting Block 15/06 campaigns. Completion services captured about 28% of revenue but lag in growth because multi-stage hydraulic fracturing remains limited to Algeria's tight-gas plays. Production-optimization services such as artificial lift are gaining traction: Baker Hughes installed 34% more units in Angola during 2025, illustrating rising demand for life-extension tools. Decommissioning, though still niche, is emerging as a high-margin play after Subsea 7's USD 320 million Escravos contract, emphasizing widening opportunities beyond drilling.

While drilling retains volume leadership, automation, remote steering, and dual-activity rigs are narrowing the cost gap with ancillary services. As contractors upgrade fleets and integrate digital workflows, EBITDA margins for drilling could converge with completion by decade-end, preserving the segment's centrality to the Africa oilfield services market.

Complete Report Scope:

• By Service Type
  • Drilling Services
  • Completion Services (Cementing, Hydraulic Fracturing)
  • Production and Intervention Services
  • Other Services (OSV, seismic, decomm., aviation)
• By Location
  • Onshore
  • Offshore
• By Well Type
  • Conventional
  • Unconventional
• By Geography
  • Nigeria
  • Angola
  • Algeria
  • Egypt
  • Libya
  • Republic of Congo
  • Ghana
  • Mozambique
  • Rest of Africa

List of Companies Covered in this Report:

1. Schlumberger Limited
2. Halliburton Company
3. Baker Hughes Company
4. Weatherford International plc
5. TechnipFMC plc
6. Transocean Ltd
7. Valaris plc (formerly ENSCO)
8. Nabors Industries Ltd
9. Petrofac Ltd
10. Saipem SpA
11. China Oilfield Services Ltd (COSL)
12. BW Offshore Ltd
13. Dolphin Drilling AS
14. Expro Group Holdings
15. CGG SA
16. Seplat Energy Plc
17. Oando Energy Services Ltd
18. Tullow Oil plc
19. Subsea 7 SA
20. Borr Drilling Ltd

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rising deep-water exploration campaigns in West Africa
  • 4.2.2 Recovery in oil prices boosting CAPEX by NOCs & IOCs
  • 4.2.3 Demand for enhanced-oil-recovery (EOR) in mature onshore fields
  • 4.2.4 Local-content mandates spurring indigenous service firms
  • 4.2.5 Adoption of remote ops & digital twins to cut NPT
  • 4.2.6 Surge in FLNG infrastructure in Mozambique & Nigeria
• 4.3 Market Restraints
  • 4.3.1 Political instability & security risks in key basins
  • 4.3.2 Regulatory uncertainty & slow licensing rounds
  • 4.3.3 Investor decarbonization pressure curbing financing
  • 4.3.4 Skilled-labor shortage from talent migration
• 4.4 Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitutes Products & Services
  • 4.7.5 Intensity of Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Service Type
  • 5.1.1 Drilling Services
  • 5.1.2 Completion Services (Cementing, Hydraulic Fracturing)
  • 5.1.3 Production and Intervention Services
  • 5.1.4 Other Services (OSV, seismic, decomm., aviation)
• 5.2 By Location
  • 5.2.1 Onshore
  • 5.2.2 Offshore
• 5.3 By Well Type
  • 5.3.1 Conventional
  • 5.3.2 Unconventional
• 5.4 By Geography
  • 5.4.1 Nigeria
  • 5.4.2 Angola
  • 5.4.3 Algeria
  • 5.4.4 Egypt
  • 5.4.5 Libya
  • 5.4.6 Republic of Congo
  • 5.4.7 Ghana
  • 5.4.8 Mozambique
  • 5.4.9 Rest of Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves (M&A, Partnerships, PPAs)
• 6.3 Market Share Analysis (Market Rank/Share for key companies)
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)
  • 6.4.1 Schlumberger Limited
  • 6.4.2 Halliburton Company
  • 6.4.3 Baker Hughes Company
  • 6.4.4 Weatherford International plc
  • 6.4.5 TechnipFMC plc
  • 6.4.6 Transocean Ltd
  • 6.4.7 Valaris plc (formerly ENSCO)
  • 6.4.8 Nabors Industries Ltd
  • 6.4.9 Petrofac Ltd
  • 6.4.10 Saipem SpA
  • 6.4.11 China Oilfield Services Ltd (COSL)
  • 6.4.12 BW Offshore Ltd
  • 6.4.13 Dolphin Drilling AS
  • 6.4.14 Expro Group Holdings
  • 6.4.15 CGG SA
  • 6.4.16 Seplat Energy Plc
  • 6.4.17 Oando Energy Services Ltd
  • 6.4.18 Tullow Oil plc
  • 6.4.19 Subsea 7 SA
  • 6.4.20 Borr Drilling Ltd

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment