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Global Enhanced Oil Recovery Market Overview & Outlook (2017-2026): Expected to Grow from $22.23 Billion to $41.35 Billion - ResearchAndMarkets.com

Equinor ASA (EQNR) 
Last equinor asa earnings: 2/6 12:43 am Check Earnings Report
Company Research Source: Business Wire
DUBLIN--(BUSINESS WIRE)-- The "Enhanced Oil Recovery - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering. According to this report, the Global Enhanced Oil Recovery market accounted for $22.23 billion in 2017 and is expected to reach $41.35 billion by 2026 growing at a CAGR of 7.1% during the forecast period. Factors such as increasing number of mature oil fields worldwide, rising depletion in oil reserves and technological advancements are propelling the market growth. However, high cost incurred in the procedure, technical and operational issues are hindering the market growth. Moreover, focus on heavy oil reservoirs provides opportunities for the market growth. On the basis of technology, thermal-enhanced oil recovery segment acquired steady growth owing to low cost and high recovery rates associated with the use of thermal injection tec Show less Read more
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