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The offshore decommissioning market is forecasted to grow by USD 2.50 billion during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the offshore decommissioning market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by maturing oil and gas fields and aging platforms, strong regulation for offshore decommissioning activities, and high potential of offshore marginal fields.
The offshore decommissioning market is segmented as below:
By Type
- Shallow water
- Deepwater
By Service
- Well plugging and abandonment
- Platform removal
- Permitting and regulatory compliance
- Platform preparation
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the offshore decommissioning market covers the following areas:
- Offshore decommissioning market sizing
- Offshore decommissioning market forecast
- Offshore decommissioning market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Service
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global offshore decommissioning market: Able UK Ltd., AF Gruppen Norge AS, Aker Solutions ASA, Allseas Group SA, Baker Hughes Co., Boskalis, DeepOcean Group Holding BV, DNV Group AS, Halliburton Co., Heerema International Group, John Wood Group PLC, Oceaneering International Inc., Perenco, Petrofac Ltd., Ramboll Group AS, Saipem S.p.A., Schlumberger Ltd., Subsea 7 SA, TechnipFMC plc, and Weatherford International Plc.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising investments in renewable energy."
According to the report, one of the major drivers for this market is the maturing oil and gas fields and aging platforms.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Able UK Ltd.
- AF Gruppen Norge AS
- Aker Solutions ASA
- Allseas Group SA
- Baker Hughes Co.
- Boskalis
- DeepOcean Group Holding BV
- DNV Group AS
- Halliburton Co.
- Heerema International Group
- John Wood Group PLC
- Oceaneering International Inc.
- Perenco
- Petrofac Ltd.
- Ramboll Group AS
- Saipem S.p.A.
- Schlumberger Ltd.
- Subsea 7 SA
- TechnipFMC plc
- Weatherford International Plc
