The Middle East and Africa well intervention market, valued at US$2.4bn in 2024, is projected to reach US$4.6bn by 2034, driven by a 6.4% CAGR, fueled by the region's focus on ageing oilfields and rising energy demands.
These figures, published by Global Market Insights (GMI), also reveal that this growth is evident in recent activities across Saudi Arabia, the UAE, and Egypt, where advanced well intervention techniques are enhancing oil and gas production. According to GMI, the offshore segment in this industry is expected to grow by 7% between 2025 and 2034.
In Saudi Arabia, the well intervention market is expected to reach US$510mn by 2034, propelled by extensive proven oil reserves and a focus on mature fields. In July 2024, Saudi Aramco announced discoveries in the Eastern Province, including two unconventional oil deposits, a light oil reservoir, and multiple gas fields, with the Al-Ladam field’s Ladam-2 well producing 5,100 barrels of very light Arabian oil and 4.9 million standard cubic feet of gas daily. These discoveries necessitate well intervention techniques like hydraulic fracturing and acid stimulation to optimise output from low-pressure wells and shale reserves, addressing the increasing presence of such assets.
In the UAE, ADNOC’s US$1.7bn contract awarded to ADNOC Drilling Company in May 2024 for 144 unconventional oil and gas wells is actively progressing this year. Well intervention services, including coiled tubing and wireline logging, are critical for maintaining well integrity and boosting production efficiency in these unconventional resources, reflecting the region’s shift toward complex geological challenges.
In Egypt, BP Egypt’s discovery of a substantial gas reservoir near its Temsah offshore operations in September 2024 spurred increased well intervention activities by July 2025. Companies deployed advanced logging services to assess reservoir changes and optimise production, driven by rising energy consumption and urbanisation. These efforts align with the region’s growing focus on deep and ultra-deep-sea explorations, where well intervention is essential for sustaining output.
Technological advancements are pivotal. In February 2024, Odfjell Technology opened a 10,000 sq m facility in Saudi Arabia’s Eastern Province, enhancing wellbore maintenance and intervention operations. By June 2025, this facility supported expanded drilling and intervention with new machinery and workforce growth. Strategic partnerships and mergers are also strengthening market positions, with companies investing in R&D for innovative intervention tools tailored to mature fields.
Government initiatives are fostering growth. Policies in Saudi Arabia and the UAE prioritise developing mature fields, with the zonal isolation segment expected to generate significant revenues by 2034. These efforts reflect a regional strategy to meet energy demands while extending the life of existing oil and gas assets through advanced well intervention techniques.
