Solid oxide fuel cells Market Trends | potentially long life expectancy (4000-8000hr)

Solid oxide fuel cells (SOFCs) are best for stationary power. It uses a solid ceramic as the electrolyte and utilizes hydrocarbons and CO as fuel. 
  

These cells operate at a very high temperature, which allows the use of non-precious metal as a catalyst. SOFCs don’t contain any noble metals that could be problematic in resource availability and price issue in high volume manufacture. These cells have extremely low emission of carbon monoxide.

The report “Solid Oxide Fuel Cells (SOFCs) Market Forecast 2014-2019”, analyses the market in terms of geography. In terms of geography, the segmentation of the market covers North America, Europe, Asia, and Rest of the world.

Middle East Oilfield Equipment Rental Market

Increase in the number of drilling activities worldwide, due to rising demand of energy, is the key driving force for growth of the oilfield equipment market.

Growth in the Middle East oilfield equipment rental market is attributed to the technological advancements in the oilfield equipment segment. Traditional equipment is not fully capable of meeting new challenges hence the petroleum industry is looking out for advanced IT based machinery and software to perform operations in various unconventional and deep reservoir locations. 

With the advent of new trends in deep-water drilling in the oil industry, profits are huge, despite low output from shallow wells.

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Top market players that have established their base in the Middle East oilfield equipment rental market are Weatherford International Ltd. (Ireland), Oil States International (U.S.), Superior Energy Services Inc. (U.S.), and Schlumberger (U.S.).

Growing North America Wireline Services Industry

Technological advancements in exploration activities of shale gas and coalbed methane are driving the North America wireline services market.

“North America Wireline Services Market by Service Type (Logging, Well Intervention, Completion), by Application (Onshore & Offshore), and by Countries –Trends & Forecasts to 2019”

Advanced technologies have enabled exploration activities to be carried out for sources other than crude oil, such as shale gas, coal bed methane, and unconventional resources. These activities require sophisticated tools and techniques to drill inside the well. Improved technologies such as the multi-stage hydraulic fracturing of horizontal wells require advanced tools to explore unconventional sources. To perform these fracturing techniques, accurate real-time information about reservoir temperature, pressure, and topology is required. These parameters are gathered by logging and other wireline services. Additionally, many other wireline services are required during completion operations.

The increase in exploration activities for shale and other resources, especially in countries such as the U.S., and Mexico has led to a widespread need for wireline services.

In-depth profiling of the key players have been conducted, along with the recording of their recent developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the North America wireline services market. Baker Hughes Inc. (U.S.), Nabors Industries Ltd. (Bermuda), and Halliburton Co. (U.S.) are among the key players operating in this market.