Indonesia Oilfield Equipment Rental Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Indonesia Oilfield Equipment Rental Services Companies and the market is Segmented by Equipment (Drilling Rigs, Completion, and Workover Rigs, Drilling Equipment, Logging Equipment, Pressure Pumping Equipment, and Other Equipment) and Location of Deployment (Onshore and Offshore). The size and forecasts for Indonesia's oilfield equipment rental services market are provided in terms of value in revenue (USD) for the above segments.

Indonesia Oilfield Equipment Rental Services Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Indonesia Oilfield Equipment Rental Market Size

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Indonesia Oilfield Equipment Rental Services Market Summary
Study Period 2021 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2021 - 2023
CAGR 2.00 %
Market Concentration Medium

Major Players

Indonesia Oilfield Equipment Rental Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Indonesia Oilfield Equipment Rental Market Analysis

The Indonesia Oilfield Equipment Rental Services Market is expected to register a CAGR of greater than 2% during the forecast period.

The market was negatively impacted by COVID-19 in 2020. Presently, the market has reached pre-pandemic levels.

  • Over the medium term, increasing upstream activities and rising demand for crude oil and natural gas are expected to drive the growth of the market.
  • On the other hand, volatile oil and gas prices are leading to uncertainty among oil and gas operators, which may hamper the growth of Indonesia's oilfield equipment rental services during the forecast period.
  • Nevertheless, the number of oil and gas exploration and production activities is increasing due to increased investment by oil companies. A rising number of discoveries will likely create lucrative growth opportunities for the Indonesian oilfield equipment rental services market during the forecast period.

Indonesia Oilfield Equipment Rental Industry Overview

The Indonesian oilfield equipment rental services market is moderately consolidated in nature. Some of the major players in the market (in no particular order) include Weatherford International PLC, Baker Hughes Company, Schlumberger Limited, Atlas Copco AB, and Halliburton Company.

Indonesia Oilfield Equipment Rental Market Leaders

  1. Weatherford International plc

  2. Baker Hughes Company

  3. Schlumberger Limited.

  4. Halliburton Company

  5. Atlas Copco AB

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration - Indonesia Oilfield Equipment Rental Services Market.png
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Indonesia Oilfield Equipment Rental Market News

  • In September 2022, the Indonesian energy minister announced to launch of a second oil and gas bidding round at the end of the year. The bidding round aimed to support Indonesia's target of achieving one million barrel/day of oil and 12 billion cubic feet/day in the coming years.
  • In May 2022, Indonesia Energy Corporation (IEC) announced the discovery of oil in its Kruh 27 well. Kruh 27 is the first of the two back-to-back wells drilled by IEC during the first half of 2022 at its 63,000-acre Kruh Block.

Indonesia Oilfield Equipment Rental Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, till 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGEMENTATION

  • 5.1 Equipment
    • 5.1.1 Drilling Rigs
    • 5.1.2 Completion and Workover Rigs
    • 5.1.3 Drilling Equipment
    • 5.1.4 Logging Equipment
    • 5.1.5 Pressure Pumping Equipment
    • 5.1.6 Other Equipment
  • 5.2 Location of Deployment
    • 5.2.1 Onshore
    • 5.2.2 Offshore

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers, Acquisitions, Collaborations, and Joint Ventures
  • 6.2 Strategies Adopted by Key Players
  • 6.3 Key Companies Profile
    • 6.3.1 Weatherford International PLC
    • 6.3.2 Baker Hughes Company
    • 6.3.3 Schlumberger Limited
    • 6.3.4 Atlas Copco AB
    • 6.3.5 Transocean LTD
    • 6.3.6 Superior Energy Services Inc.
    • 6.3.7 Halliburton Company
    • 6.3.8 Hot-Hed International

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Indonesia Oilfield Equipment Rental Industry Segmentation

Oilfield equipment services include drilling, completion, production and intervention, and other services, including offshore support vessels, helicopter services, and seismic data services for offshore and onshore locations. 

The Indonesian oilfield equipment rental services market is segmented by equipment and location of development. By equipment, the market is segmented into drilling rigs, completion and workover rigs, drilling equipment, logging equipment, and other equipment. By location of development, the market is segmented into onshore and offshore. For each segment, the market sizing and forecasts have been done based on revenue (USD billion).

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Indonesia Oilfield Equipment Rental Market Research FAQs

What is the current Indonesia Oilfield Equipment Rental Services Market size?

The Indonesia Oilfield Equipment Rental Services Market is projected to register a CAGR of greater than 2% during the forecast period (2025-2030)

Who are the key players in Indonesia Oilfield Equipment Rental Services Market?

Weatherford International plc, Baker Hughes Company, Schlumberger Limited., Halliburton Company and Atlas Copco AB are the major companies operating in the Indonesia Oilfield Equipment Rental Services Market.

What years does this Indonesia Oilfield Equipment Rental Services Market cover?

The report covers the Indonesia Oilfield Equipment Rental Services Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Indonesia Oilfield Equipment Rental Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Indonesia Oil Field Equipment Rental Industry Report

Statistics for the 2025 Indonesia Oilfield Equipment Rental Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Indonesia Oilfield Equipment Rental Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.