To Get More Info:http://www.bigmarketresearch.com/global-offshore-drilling-2014-2018-market

TechNavio's analysts forecast the Global Offshore Drilling market will grow at a CAGR of 10.9 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increase in the drilling of offshore oil reserves due to the maturing of onshore oil reserves. The Global Offshore Drilling market has also been witnessing an increase in directional drilling. However, the capital-intensive nature of the market could pose a challenge to the growth of this market.