Shift of exploration projects from conventional oil and gas to shale oil and gas across several regions in the world, involving hydraulic fracking process, which needs a large volume of water to extract oil and gas from shale well. In order to inject water with high pressure into shale well, exploration and production (E&P) companies require high-pressure pumps. This is identified as a key trend impacting the global high-pressure pumps market. In recent years, several U.S. oil and gas ... Read more
