The Offshore Dismantling Market is expected to grow at a CAGR of over 4% over the forecast period 2021-2027. The oil and gas industry’s aging offshore infrastructure, increased offshore oil and gas production activity, and oil and gas demand are expected to be the major drivers of the market. However, in recent years, volatility in oil prices has slowed down market research as capital expenditures in the upstream oil and gas industry have declined.
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A full report of Offshore Decommissioning Market available at: https://www.orionmarketreports.com/offshore-decommissioning-market/37910/
Offshore Decommissioning Market Segmentation
By service:
• Project management, engineering & planning
• Permitting & regulatory compliance
• Platform preparation
• Well plugging & abandonment
• Conductor removal
• Mobilization & demobilization of derrick barges
• Platform removal
• Pipeline & power cable decommissioning
• Materials disposal
• Site clearance
By removal:
• Leave in place
• Partial removal (includes toppled in place)
• Complete removal
By depth:
• Shallow water
• Deepwater
• By structure:
• Topside
• Substructure
• Sub infrastructure
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
