List of Figures

FIGURE 1 NUMBER OF DECOMMISSIONING APPROVAL AND PROJECT COST ARE THE DETERMINING FACTORS FOR THE GLOBAL OFFSHORE DECOMMISSIONING MARKET 25
FIGURE 2 MARKET ESTIMATION METHODOLOGY AND KEY ASSUMPTIONS 25
FIGURE 3 DATA TRIANGULATION 26
FIGURE 4 WELL PLUGGING & ABANDONMENT SEGMENT IS EXPECTED TO HOLD THE LARGEST SHARE OF THE OFFSHORE DECOMMISSIONING MARKET BY SERVICE, DURING THE FORECAST PERIOD 30
FIGURE 5 TOPSIDES SEGMENT IS EXPECTED TO LEAD THE OFFSHORE DECOMMISSIONING MARKET, BY STRUCTURE, DURING THE FORECAST PERIOD 31
FIGURE 6 SHALLOW WATER SEGMENT IS EXPECTED TO LEAD THE OFFSHORE DECOMMISSIONING MARKET, BY DEPTH, DURING THE FORECAST PERIOD 31
FIGURE 7 COMPLETE REMOVAL SEGMENT IS EXPECTED TO LEAD THE OFFSHORE DECOMMISSIONING MARKET, BY REMOVAL, DURING THE FORECAST PERIOD 32
FIGURE 8 EUROPE DOMINATED THE OFFSHORE DECOMMISSIONING
MARKET (BY VALUE) IN 2018 33
FIGURE 9 MATURING OIL & GAS FIELDS, LOW CRUDE OIL PRICES, AND AGING OFFSHORE INFRASTRUCTURE ARE EXPECTED TO DRIVE THE OFFSHORE DECOMMISSIONING MARKET, 2019–2027 34
FIGURE 10 TOPSIDES SEGMENT IS PROJECTED TO DOMINATE THE OFFSHORE DECOMMISSIONING MARKET, BY STRUCTURE, UNTIL 2027 34
FIGURE 11 SHALLOW WATER SEGMENT IS PROJECTED TO DOMINATE THE OFFSHORE DECOMMISSIONING MARKET, BY DEPTH, UNTIL 2027 35
FIGURE 12 COMPLETE REMOVAL SEGMENT IS PROJECTED TO DOMINATE THE OFFSHORE DECOMMISSIONING MARKET, BY REMOVAL, UNTIL 2027 35
FIGURE 13 WELL PLUGGING & ABANDONMENT AND THE UK DOMINATED THE EUROPE OFFSHORE DECOMMISSIONING MARKET IN 2018 35
FIGURE 14 OFFSHORE DECOMMISSIONING MARKET IN EUROPE IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 36
FIGURE 15 OFFSHORE DECOMMISSIONING MARKET: DRIVERS, RESTRAINTS OPPORTUNITIES, AND CHALLENGES 38
FIGURE 16 GLOBAL DECLINING PRODUCTION FROM MATURE OILFILEDS, 2014–2027 39
FIGURE 17 FALLING AVERAGE CRUDE PRICES AROUND THE GLOBE, SINCE 2014 40
FIGURE 18 INCREASING INVESTMENTS IN THE OIL & GAS INDUSTRY, 2016–2019 41
FIGURE 19 OFFSHORE DECOMMISSIONING MARKET (VALUE), BY SERVICE, 2018 44
FIGURE 20 OFFSHORE DECOMMISSIONING MARKET (VALUE), BY STRUCTURE, 2018 55
FIGURE 21 OFFSHORE DECOMMISSIONING MARKET (VALUE), BY DEPTH, 2018 60
FIGURE 22 OFFSHORE DECOMMISSIONING MARKET (VALUE), BY REMOVAL, 2018 64
FIGURE 23 REGIONAL SNAPSHOT: THE OFFSHORE DECOMMISSIONING MARKET IN EUROPE IS EXPECTED TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD 69
FIGURE 24 OFFSHORE DECOMMISSIONING MARKET SHARE (VALUE), BY REGION, 2018 69
FIGURE 25 EUROPE: REGIONAL SNAPSHOT 71
FIGURE 26 NORTH AMERICA: REGIONAL SNAPSHOT 81
FIGURE 27 KEY DEVELOPMENTS IN THE OFFSHORE DECOMMISSIONING
MARKET, 2016–2019 115
FIGURE 28 OFFSHORE DECOMMISSIONING MARKET: (GLOBAL) COMPETITIVE
LEADERSHIP MAPPING, 2018 117
FIGURE 29 HEEREMA MARINE CONTRACTORS LED THE OFFSHORE DECOMMISSIONING MARKET IN 2018 118
FIGURE 30 HALLIBURTON: COMPANY SNAPSHOT 122
FIGURE 31 SWOT ANALYSIS 124
FIGURE 32 PETROFAC: COMPANY SNAPSHOT 125
FIGURE 33 WEATHERFORD: COMPANY SNAPSHOT 129
FIGURE 34 SCHLUMBERGER: COMPANY SNAPSHOT 132
FIGURE 35 SUBSEA 7: COMPANY SNAPSHOT 135
FIGURE 36 TECHNIPFMC: COMPANY SNAPSHOT 138
FIGURE 37 JOHN WOOD GROUP: COMPANY SNAPSHOT 141
FIGURE 38 RAMBOLL: COMPANY SNAPSHOT 144
FIGURE 39 OCEANEERING: COMPANY SNAPSHOT 146
FIGURE 40 BHGE: COMPANY SNAPSHOT 149
FIGURE 41 ROYAL DUTCH SHELL: COMPANY SNAPSHOT 151
FIGURE 42 AKER SOLUTIONS: COMPANY SNAPSHOT 153
FIGURE 43 DNV GL : COMPANY SNAPSHOT 157
FIGURE 44 SAIPEM: COMPANY SNAPSHOT 160

 

List of Tables

TABLE 1 OFFSHORE DECOMMISSIONING MARKET SNAPSHOT 29
TABLE 2 OFFSHORE DECOMMISSIONING MARKET SIZE, BY SERVICE 2017–2027 (USD MILLION) 44
TABLE 3 PROJECT MANAGEMENT, ENGINEERING, AND PLANNING: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION, 2017–2027 (USD MILLION) 45
TABLE 4 PERMITTING & REGULATORY COMPLIANCE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION, 2017–2027 (USD MILLION) 46
TABLE 5 PLATFORM PREPARATION: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 47
TABLE 6 WELL PLUGGING & ABANDONMENT: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION, 2017–2027 (USD MILLION) 47
TABLE 7 CONDUCTOR REMOVAL: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 48
TABLE 8 MOBILIZATION & DEMOBILIZATION OF DERRICK BARGES: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION, 2017–2027 (USD MILLION) 49
TABLE 9 PLATFORM REMOVAL: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 50
TABLE 10 PIPELINE & POWER CABLE DECOMMISSIONING: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION, 2017–2027 (USD MILLION) 51
TABLE 11 MATERIAL DISPOSAL: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 52
TABLE 12 SITE CLEARANCE: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 53
TABLE 13 OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 55
TABLE 14 TOPSIDES: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION 2017–2027 (USD MILLION) 56
TABLE 15 SUBSTRUCTURE: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 57
TABLE 16 SUBSEA INFRASTRUCTURE: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 58
TABLE 17 OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 60
TABLE 18 SHALLOW WATER: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 61
TABLE 19 DEEPWATER: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION 2017–2027 (USD MILLION) 62
TABLE 20 OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 64
TABLE 21 COMPLETE REMOVAL: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 65
TABLE 22 PARTIAL REMOVAL: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 66
TABLE 23 LEAVE IN PLACE: OFFSHORE DECOMMISSIONING MARKET SIZE BY REGION, 2017–2027 (USD MILLION) 67
TABLE 24 OFFSHORE DECOMMISSIONING MARKET SIZE, BY REGION 2017–2027 (USD MILLION) 70
TABLE 25 EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY SERVICE 2017–2027 (USD MILLION) 72
TABLE 26 EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 72
TABLE 27 EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH
2017–2027 (USD MILLION) 73
TABLE 28 EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 73
TABLE 29 EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY COUNTRY 2017–2027 (USD MILLION) 74
TABLE 30 UK: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 75
TABLE 31 UK: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 75
TABLE 32 UK: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 75
TABLE 33 NORWAY: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 76
TABLE 34 NORWAY: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 77
TABLE 35 NORWAY: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 77
TABLE 36 THE NETHERLANDS: OFFSHORE DECOMMISSIONING MARKET SIZE BY STRUCTURE, 2017–2027 (USD MILLION) 78
TABLE 37 THE NETHERLANDS: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH, 2017–2027 (USD MILLION) 78
TABLE 38 THE NETHERLANDS: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL, 2017–2027 (USD MILLION) 78
TABLE 39 REST OF EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 79
TABLE 40 REST OF EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH, 2017–2027 (USD MILLION) 79
TABLE 41 REST OF EUROPE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL, 2017–2027 (USD MILLION) 80
TABLE 42 NORTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY SERVICE, 2017–2027 (USD MILLION) 82
TABLE 43 NORTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 82
TABLE 44 NORTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH, 2017–2027 (USD MILLION) 83
TABLE 45 NORTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL, 2017–2027 (USD MILLION) 83
TABLE 46 NORTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY COUNTRY, 2017–2027 (USD MILLION) 84
TABLE 47 US: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 85
TABLE 48 US: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 85
TABLE 49 US: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 85
TABLE 50 CANADA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 86
TABLE 51 CANADA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 87
TABLE 52 CANADA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL
2017–2027 (USD MILLION) 87
TABLE 53 MEXICO: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 88
TABLE 54 MEXICO: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 88
TABLE 55 MEXICO: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL
2017–2027 (USD MILLION) 88
TABLE 56 ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE, BY SERVICE 2017–2027 (USD MILLION) 89
TABLE 57 ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 90
TABLE 58 ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 90
TABLE 59 ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 91
TABLE 60 ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE, BY COUNTRY 2017–2027 (USD MILLION) 91
TABLE 61 CHINA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 92
TABLE 62 CHINA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 92
TABLE 63 CHINA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 93
TABLE 64 INDONESIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 94
TABLE 65 INDONESIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 94
TABLE 66 INDONESIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 94
TABLE 67 MALAYSIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 95
TABLE 68 MALAYSIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 95
TABLE 69 MALAYSIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 96
TABLE 70 AUSTRALIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 96
TABLE 71 AUSTRALIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 97
TABLE 72 AUSTRALIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 97
TABLE 73 REST OF ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE BY STRUCTURE, 2017–2027 (USD MILLION) 98
TABLE 74 REST OF ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE BY DEPTH, 2017–2027 (USD MILLION) 98
TABLE 75 REST OF ASIA PACIFIC: OFFSHORE DECOMMISSIONING MARKET SIZE BY REMOVAL, 2017–2027 (USD MILLION) 98
TABLE 76 MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY SERVICE, 2017–2027 (USD MILLION) 99
TABLE 77 MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY STRUCTURE, 2017–2027 (USD MILLION) 100
TABLE 78 MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY DEPTH, 2017–2027 (USD MILLION) 100
TABLE 79 MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY REMOVAL, 2017–2027 (USD MILLION) 101
TABLE 80 MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY COUNTRY, 2017–2027 (USD MILLION) 101
TABLE 81 UAE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 102
TABLE 82 UAE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 102
TABLE 83 UAE: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 103
TABLE 84 ANGOLA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 103
TABLE 85 ANGOLA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 104
TABLE 86 ANGOLA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 104
TABLE 87 SAUDI ARABIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 105
TABLE 88 SAUDI ARABIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 105
TABLE 89 SAUDI ARABIA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL, 2017–2027 (USD MILLION) 106
TABLE 90 REST OF MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 106
TABLE 91 REST OF MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH, 2017–2027 (USD MILLION) 107
TABLE 92 REST OF MIDDLE EAST & AFRICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL, 2017–2027 (USD MILLION) 107
TABLE 93 SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY SERVICE, 2017–2027 (USD MILLION) 108
TABLE 94 SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE, 2017–2027 (USD MILLION) 108
TABLE 95 SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH, 2017–2027 (USD MILLION) 109
TABLE 96 SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL, 2017–2027 (USD MILLION) 109
TABLE 97 SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE, BY COUNTRY, 2017–2027 (USD MILLION) 110
TABLE 98 BRAZIL: OFFSHORE DECOMMISSIONING MARKET SIZE, BY STRUCTURE 2017–2027 (USD MILLION) 110
TABLE 99 BRAZIL: OFFSHORE DECOMMISSIONING MARKET SIZE, BY DEPTH 2017–2027 (USD MILLION) 111
TABLE 100 BRAZIL: OFFSHORE DECOMMISSIONING MARKET SIZE, BY REMOVAL 2017–2027 (USD MILLION) 111
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TABLE 101 REST OF SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY STRUCTURE, 2017–2027 (USD MILLION) 112
TABLE 102 REST OF SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY DEPTH, 2017–2027 (USD MILLION) 112
TABLE 103 REST OF SOUTH AMERICA: OFFSHORE DECOMMISSIONING MARKET SIZE BY REMOVAL, 2017–2027 (USD MILLION) 113