DIRECTIONAL DRILLING SOLUTIONS & SERVICES MARKET ANALYSIS

Directional Drilling Solutions & Services Market, By Type (Equipment and Services), By Technology (Rotary Steerable Systems (RSS), Conventional Directional Drilling, and Managed Pressure Drilling), By Application (Oil & Gas, Mining, Construction, Utilities, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

In April 2024, Nabors Industries, a prominent U.S.-based global oil and gas drilling contractor based in Houston, merged with a drilling technology startup to enhance its market position. This strategic move aims to leverage innovative technologies and strengthen Nabors' capabilities in the competitive energy sector.
In October 2022, Baker Hughes, a prominent energy technology company specializing in oil and gas solutions, partnered with a renewable energy firm to explore sustainable drilling practices. This collaboration reflects Baker Hughes' commitment to advancing environmentally friendly technologies and practices within the energy sector.
In June 2021, Halliburton, a leading global provider of products and services to the energy industry, acquired a technology firm specializing in managed pressure drilling solutions. This acquisition is part of Halliburton's strategy to enhance its capabilities in delivering advanced drilling technologies that improve operational efficiency and safety for its clients.
In March 2021, Schlumberger, a global leader in oilfield services and technology, introduced a new rotary steerable system designed to enhance performance in complex drilling environments. This innovative system is part of Schlumberger's PowerDrive family, which aims to improve drilling efficiency and precision.