The global offshore decommissioning market is expected to grow at a CAGR of around 6.8% during 2024-2033. This report on global offshore decommissioning market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global offshore decommissioning market by segmenting the market based on mode of service, removal, depth, structure, and region. Also, detailed profiles of companies operating in the offshore decommissioning market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Maturing Oil & Gas Field
• Aging Infrastructure
Market Challenges
• High Costs
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market 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
Market by Removal
• Leave in Place
• Partial Removal (includes Toppled in Place)
• Complete Removal
Market by Depth
• Shallow Water
• Deepwater
Market by Structure
• Topside
• Substructure
• Sub Infrastructure
Market by Region
• Europe
o Germany
o United Kingdom
o France
o Italy
o Spain
o Russia
o Netherlands
o Rest of Europe
• North America
o United States
o Canada
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Rest of Asia Pacific
• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o Turkey
o Iran
o United Arab Emirates
o Rest of Middle East & Africa