1h Free Analyst Time
The offshore decommissioning market is forecasted to grow by USD 3.18 billion during 2024-2029, accelerating at a CAGR of 7.9% 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 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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
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 Application
- Topside
- Substructure
By Business Segment
- Complete removal
- Partial removal
- Leave in place
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 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 primary and secondary research. 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 accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Service
10 Market Segmentation by Application
11 Market Segmentation by Business Segment
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 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
