The Offshore Decommissioning Market size is expected to grow at an annual average of 4% during 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 is available at: https://www.orionmarketreports.com/offshore-decommissioning-market/37910/
The following segmentation are covered in this report:
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
Company Profile
- Acteon Group Ltd
- AF Gruppen
- Aker Solutions
- DeepOcean Group, Inc.
- DNV GL (Det Norske Veritas group)
- Heerema Marine Contractors
- John Wood Group PLC
- Petrofac Limited
- Ramboll Group A/S
- Subsea 7
The report covers the following objectives:
- Proliferation and maturation of trade in the global Offshore Decommissioning Market
- The market share of the global Offshore Decommissioning Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Offshore Decommissioning Market
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Offshore Decommissioning Market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
