The rising demand for oil & gas coupled with buoyant offshore development activity, ageing offshore infrastructure, growing offshore renewable developments, advanced technological developments are some the significant factors driving the demand for offshore maintenance, modifications & operations market.
Offshore operations and maintenance activities eliminate and reduce a variety of technical issues and constraints that prevent offshore infrastructure from performing properly and achieving sustainability.
The market is segmented into four main service lines including asset integrity, asset services, support services, and modifications. Each of these segments comprises of various sub-service lines.
With the outbreak of covid-19 oil price drop, the offshore maintenance, modifications, and operations market has witnessed a significant decline in global expenditure as upstream companies were forced to reduce their operating expenses to maintain their losses.
Europe’s offshore maintenance, modification and operations market is projected to witness downturn in short run owing to severe spending cuts and covid-19 transportation restrictions. However, rising offshore developments in North Sea will spur the demand for offshore maintenance, modification and operations market.
North America and Asia will continue to be market leaders in offshore maintenance, modification and operations market and hold considerable share in market expenditure to build offshore production platform and asset services.
Publisher's Report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the world offshore maintenance, modification and operations market growth.
The Report will also provide a perspective on various market opportunities and threats and a detailed analysis of the offshore maintenance, modification and operations market's competitive landscape.
This product will be delivered within 5-7 business days.
Offshore operations and maintenance activities eliminate and reduce a variety of technical issues and constraints that prevent offshore infrastructure from performing properly and achieving sustainability.
The market is segmented into four main service lines including asset integrity, asset services, support services, and modifications. Each of these segments comprises of various sub-service lines.
With the outbreak of covid-19 oil price drop, the offshore maintenance, modifications, and operations market has witnessed a significant decline in global expenditure as upstream companies were forced to reduce their operating expenses to maintain their losses.
Europe’s offshore maintenance, modification and operations market is projected to witness downturn in short run owing to severe spending cuts and covid-19 transportation restrictions. However, rising offshore developments in North Sea will spur the demand for offshore maintenance, modification and operations market.
North America and Asia will continue to be market leaders in offshore maintenance, modification and operations market and hold considerable share in market expenditure to build offshore production platform and asset services.
Publisher's Report provides insights into the current global and regional market demand scenario and its outlook. The study offers a detailed analysis of various factors instrumental in affecting the world offshore maintenance, modification and operations market growth.
The Report will also provide a perspective on various market opportunities and threats and a detailed analysis of the offshore maintenance, modification and operations market's competitive landscape.
This product will be delivered within 5-7 business days.
Table of Contents
1. Executive Summary2. Research Scope and Methodology
3. Market Analysis
3.1 Introduction
3.2 Market Dynamics
3.2.1. Drivers
3.2.2 Restraints
3.3 Market Trends & Developments
3.4 Analysis of Covid-19 Impact
3.5 Market Opportunities
3.6 Market Size and Forecast
4. Industry Analysis
4.1 Supply Chain Analysis
4.2 Porter's Five Forces Analysis
5. Regional Market Analysis
5.1 North America
5.2 Europe
5.3 Asia-Pacific
5.4 South America
5.5 Middle East & Africa
6. Key Company Profiles
6.1 Aker Solutions
6.2 Wood Plc.
6.3 Petrofac
6.4 Fluor
6.5 Worley
6.6 Saipem
6.7 Atkins Global
6.8 Technip FMC
6.9 Forship Engenharia
6.10 McDermott
7. Competitive Landscape
7.1 List of Notable Players in the Market
7.2 M&A, JV, and Agreements
7.3 Strategies of Key Players
8. Conclusions and Recommendations
List of Tables & Figures
Abbreviations
Additional Notes
Disclaimer
