Offshore Decommissioning Global Market Report 2024

Global Offshore Decommissioning Market Report 2024

Offshore Decommissioning Global Market Report 2024 – By Type (Project Management, Engineering And Planning, Platform Preparation, Well Plugging And Abandonment, Conductor Removal, Platform Removal, Pipeline And Power Cable Decommissioning, Material Disposal And Site Clearance, Other Services), By Structure Type (Topside, Substructure, Subsea Infrastructure), By Application (Shallow Water, Deep Water) – Market Size, Trends, And Global Forecast 2024-2033

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Offshore Decommissioning Global Market Report 2024

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Offshore Decommissioning Global Market Report 2024

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Offshore Decommissioning Market Definition

Offshore decommissioning refers to the procedure for putting an offshore platform's oil and gas operations to a stop and restoring the seafloor and ocean to the condition in which they were before the lease was signed.

The main services of offshore decommissioning are project management, engineering and planning, platform preparation, well plugging and abandonment, conductor removal, platform removal, pipeline and power cable decommissioning, material disposal and site clearance, and other services. Project management refers to the entailment of identifying project objectives and checkpoints as well as creating a variety of scenarios and a backup plan. The various structures including topside, substructure, and subsea infrastructure used for different applications such as shallow water, and deep water.

Offshore Decommissioning Market Segmentation

The offshore decommissioning market covered in this report is segmented –

1) By Type: Project Management, Engineering And Planning, Platform Preparation, Well Plugging And Abandonment, Conductor Removal, Platform Removal, Pipeline And Power Cable Decommissioning, Material Disposal And Site Clearance, Other Services

2) By Structure Type: Topside, Substructure, Subsea Infrastructure

3) By Application: Shallow Water, Deep Water

Global Offshore Decommissioning Market Size 2023 to 2028: Graph

Offshore Decommissioning Market Size 2024 And Growth Rate

The offshore decommissioning market size has grown strongly in recent years. It will grow from $5.88 billion in 2023 to $6.43 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to growing number of abandoned wells, the rising investments for the remediation of inactive oil and gas wells and the increasing mature offshore oilfields.

Offshore Decommissioning Market Growth Forecast

The offshore decommissioning market size is expected to see strong growth in the next few years. It will grow to $8.91 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to the surge in government funding for well decommissioning and abandonment programs, the increasing exploration and production activities for oil and gas and rising demand for crude oil products. Major trends in the forecast period include increasing emphasis on decommissioning contracts with industry leaders, expanding acquisition efforts to increase geographic presence, growing importance of topside removal projects, strategic partnerships and collaborations among market players and innovations in subsea processing and transportation systems.

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Offshore Decommissioning Market Driver: Government Investment Fuels Offshore Decommissioning Market Growth

Increasing government investment in well-plugging and abandoned activities is expected to propel the offshore decommissioning market going forward. Well-plugging refers to plugging materials and techniques that permanently shut off an abandoned well from surface drainage contamination. Offshore decommissioning ensures that plugged wells do not leak after abandonment by shutting down offshore oil and gas production at a platform and restoring the ocean and seafloor to their pre-lease state. For instance, in May 2022, according to an article shared by Business Standard, an India-based English-language daily edition newspaper, $33 million would be spent by the US to remediate oil and gas wells on federal property. Further, 277 of the estimated 15k abandoned oil and gas wells on federal land would be clean with approximately $33 million of the $1 trillion bipartisan infrastructure package just signed into law by President Joe Biden. The law would allocate $4.7 billion to repair abandoned oil and gas wells, including those on federal lands. Therefore, increasing government investment is driving the growth of the offshore decommissioning market.

Offshore Decommissioning Market Driver: Increasing Oil Drilling Activities To Fuel Offshore Decommissioning Market

The rising demand for crude oil products is expected to drive the growth of the offshore decommissioning market going forward. The higher demand for crude oil products can lead to increased oil drilling activities, which in turn can lead to the establishment of more offshore oil and gas installations. As these installations reach the end of their productive life, they will need to be decommissioned, thereby increasing the demand for offshore decommissioning services. For example, according to reports by the US Energy Information Administration, a US-based government agency responsible for collecting, analyzing and disseminating energy information, US crude oil exports reached a record high in 2022, averaging 3.6 million barrels per day (bpd), a 22% increase from 2021. Despite the decrease in exports to India and China, Asia and Oceania remained the regional destinations receiving the most US crude oil exports in 2022, accounting for 43% (1.55 million bpd). Therefore, the rising demand for crude oil products will support the growth of the offshore decommissioning market in the forecast period.

Global Offshore Decommissioning Market Major Players

Major companies operating in the offshore decommissioning market report are TechnipFMC PLC, Petrofac Limited, John Wood Group Plc, Aker Solutions ASA, Allseas Group SA,Equinor ASA, Schlumberger Ltd., Acteon Group Ltd, DNV GL, AF Gruppen ASA, Reliance Industries Limited, Cairn Oil and Gas, Essar Offshore Subsea Limited, Afcons Infrastructure Limited, Seamec Ltd, China Offshore Oil Engineering Corporation, Shanghai Salvage Company, China Oilfield Services Limited, Shanghai Zhenhua Heavy Industries Company, Boskalis Subsea Services, Augean North Sea Services, Veolia Environmental Services, ASCO Group, Gazprom, Rosneft, LUKOIL, NOVATEK, Sovcomflot, ExxonMobil Corporation, Baker Hughes Company, Halliburton Offshore Services Inc., Weatherford International PLC, Tetra Technologies Inc., Allnorth Consultants, Petrogas Group, R.J. MacIsaac Construction Ltd, Petrobras, OceanPact, Subsea 7, TechnipFMC, Ocyan, Oceaneering, Norwell Engineering, Aries Marine, Gulfstream Services, Decom Engineering, Environment Quality Services, The Sparrows Group, Southey Contracting, Sasol, Alduco Engineering Services

Global Offshore Decommissioning Market Trend: Worley And Morrison Energy Forge Strategic Alliance In Offshore Decommissioning

Strategic partnerships are a key trend in the offshore decommissioning market. Major players are entering into a partnership to leverage each other's resources and sustain in the market. For instance, in March 2021, Worley, a US-based company engaged in engineering and design solutions, partnered with Morrison Energy. Through this partnership, Morrison's decommissioning projects will fall under Worley's purview for engineering services. Morrison Energy is a US-based energy company specializing in offshore decommissioning services.

Global Offshore Decommissioning Market Trend: Offshore Decommissioning Market Fueled By Surge In Mature Oilfield Activity

The increasingly mature offshore oilfields drove the growth of the offshore decommissioning market during the historic period. A mature oilfield is typically defined as one where the production rate has significantly declined, or it is close to reaching its economic limit. It might also be considered mature when it has been in production for many years and has depleted its primary and secondary recovery. Mature fields, many in the secondary or tertiary production phases, account for over 70% of the world's oil and gas production. The development of these mature assets is significant to the global economy. According to the US Energy Information Administration report, a US-based Department of Energy statistical agency, in the United States, oil production reached 11.6 million barrels per day (b/d) in December 2021, up from 11.2 million b/d in December 2020. The number of producing oil wells in the United States declined to just under 1 million (916,934) wells in 2021, mostly because of lower oil prices and less rig activity. Therefore, the increasing number of mature offshore oilfields contributed to the growth of the offshore decommissioning market.

Offshore Decommissioning Market Merger And Acquisition: Claxton Expands Expertise With Oceaneering International Acquisition

In March 2022, Claxton, a UK-based lead brand of Acteon’s drilling and decommissioning segment, acquired decommissioning personnel and assets from Oceaneering International for an undisclosed amount. This acquisition would strengthen Claxton's position as one of the top international providers of offshore cutting services by increasing its capacity, the variety of technologies at its disposal, and its decommissioning expertise. Oceaneering International is a US-based service provider for the drilling and decommissioning of offshore oilfields.

Regional Analysis For The Global Offshore Decommissioning Market

Europe was the largest region in the offshore decommissioning market in 2023. The regions covered in the offshore decommissioning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the offshore decommissioning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The offshore decommissioning market includes revenues earned by entities by structural tear-down, building material segregation, debris removal, and recycling, pressure washing, surface wipe-down, lead paint or asbestos abatement, storage tank removal, and other types. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The offshore decommissioning market research report is one of a series of new reports from The Business Research Company that provides offshore decommissioning market statistics, including offshore decommissioning industry global market size, regional shares, competitors with an offshore decommissioning market share, detailed offshore decommissioning market segments, market trends and opportunities, and any further data you may need to thrive in the offshore decommissioning industry. This offshore decommissioning market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Offshore Decommissioning Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$6.43 billion
Revenue Forecast In 2033	$8.91 billion
Growth Rate	CAGR of 8.5% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Project Management, Engineering And Planning, Platform Preparation, Well Plugging And Abandonment, Conductor Removal, Platform Removal, Pipeline And Power Cable Decommissioning, Material Disposal And Site Clearance, Other Services 2) By Structure Type: Topside, Substructure, Subsea Infrastructure 3) By Application: Shallow Water, Deep Water
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	TechnipFMC PLC; Petrofac Limited; John Wood Group Plc; Aker Solutions ASA; Allseas Group SA;Equinor ASA; Schlumberger Ltd.; Acteon Group Ltd; DNV GL; AF Gruppen ASA; Reliance Industries Limited; Cairn Oil and Gas; Essar Offshore Subsea Limited; Afcons Infrastructure Limited; Seamec Ltd; China Offshore Oil Engineering Corporation; Shanghai Salvage Company; China Oilfield Services Limited; Shanghai Zhenhua Heavy Industries Company; Boskalis Subsea Services; Augean North Sea Services; Veolia Environmental Services; ASCO Group; Gazprom; Rosneft; LUKOIL; NOVATEK; Sovcomflot; ExxonMobil Corporation; Baker Hughes Company; Halliburton Offshore Services Inc.; Weatherford International PLC; Tetra Technologies Inc.; Allnorth Consultants; Petrogas Group; R.J. MacIsaac Construction Ltd; Petrobras; OceanPact; Subsea 7; TechnipFMC; Ocyan; Oceaneering; Norwell Engineering; Aries Marine; Gulfstream Services; Decom Engineering; Environment Quality Services; The Sparrows Group; Southey Contracting; Sasol; Alduco Engineering Services
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Offshore Decommissioning Market Characteristics

3. Offshore Decommissioning Market Trends And Strategies

4. Offshore Decommissioning Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Offshore Decommissioning Market Size and Growth

5.1. Global Offshore Decommissioning Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Offshore Decommissioning Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Offshore Decommissioning Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Offshore Decommissioning Market Segmentation

6.1. Global Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Project Management

Engineering And Planning

Platform Preparation

Well Plugging And Abandonment

Conductor Removal

Platform Removal

Pipeline And Power Cable Decommissioning

Material Disposal And Site Clearance

Other Services

6.2. Global Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Topside

Substructure

Subsea Infrastructure

6.3. Global Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Shallow Water

Deep Water

7. Offshore Decommissioning Market Regional And Country Analysis

7.1. Global Offshore Decommissioning Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Offshore Decommissioning Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Offshore Decommissioning Market

8.1. Asia-Pacific Offshore Decommissioning Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Offshore Decommissioning Market

9.1. China Offshore Decommissioning Market Overview

9.2. China Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Offshore Decommissioning Market

10.1. India Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Offshore Decommissioning Market

11.1. Japan Offshore Decommissioning Market Overview

11.2. Japan Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Offshore Decommissioning Market

12.1. Australia Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Offshore Decommissioning Market

13.1. Indonesia Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Offshore Decommissioning Market

14.1. South Korea Offshore Decommissioning Market Overview

14.2. South Korea Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Offshore Decommissioning Market

15.1. Western Europe Offshore Decommissioning Market Overview

15.2. Western Europe Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Offshore Decommissioning Market

16.1. UK Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Offshore Decommissioning Market

17.1. Germany Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Offshore Decommissioning Market

18.1. France Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Offshore Decommissioning Market

19.1. Italy Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Offshore Decommissioning Market

20.1. Spain Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Offshore Decommissioning Market

21.1. Eastern Europe Offshore Decommissioning Market Overview

21.2. Eastern Europe Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Offshore Decommissioning Market

22.1. Russia Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Offshore Decommissioning Market

23.1. North America Offshore Decommissioning Market Overview

23.2. North America Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Offshore Decommissioning Market

24.1. USA Offshore Decommissioning Market Overview

24.2. USA Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Offshore Decommissioning Market

25.1. Canada Offshore Decommissioning Market Overview

25.2. Canada Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Offshore Decommissioning Market

26.1. South America Offshore Decommissioning Market Overview

26.2. South America Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Offshore Decommissioning Market

27.1. Brazil Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Offshore Decommissioning Market

28.1. Middle East Offshore Decommissioning Market Overview

28.2. Middle East Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Offshore Decommissioning Market

29.1. Africa Offshore Decommissioning Market Overview

29.2. Africa Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Offshore Decommissioning Market Competitive Landscape And Company Profiles

30.1. Offshore Decommissioning Market Competitive Landscape

30.2. Offshore Decommissioning Market Company Profiles

30.2.1. TechnipFMC PLC

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Petrofac Limited

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. John Wood Group Plc

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Aker Solutions ASA

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Allseas Group SA

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Offshore Decommissioning Market Other Major And Innovative Companies

31.1. Equinor ASA

31.2. Schlumberger Ltd.

31.3. Acteon Group Ltd

31.4. DNV GL

31.5. AF Gruppen ASA

31.6. Reliance Industries Limited

31.7. Cairn Oil and Gas

31.8. Essar Offshore Subsea Limited

31.9. Afcons Infrastructure Limited

31.10. Seamec Ltd

31.11. China Offshore Oil Engineering Corporation

31.12. Shanghai Salvage Company

31.13. China Oilfield Services Limited

31.14. Shanghai Zhenhua Heavy Industries Company

31.15. Boskalis Subsea Services

32. Global Offshore Decommissioning Market Competitive Benchmarking

33. Global Offshore Decommissioning Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Offshore Decommissioning Market

35. Offshore Decommissioning Market Future Outlook and Potential Analysis

35.1 Offshore Decommissioning Market In 2028 - Countries Offering Most New Opportunities

35.2 Offshore Decommissioning Market In 2028 - Segments Offering Most New Opportunities

35.3 Offshore Decommissioning Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Offshore Decommissioning Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Offshore Decommissioning Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: TechnipFMC PLC Financial Performance

Table 75: Petrofac Limited Financial Performance

Table 76: John Wood Group Plc Financial Performance

Table 77: Aker Solutions ASA Financial Performance

Table 78: Allseas Group SA Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Offshore Decommissioning Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Offshore Decommissioning Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Offshore Decommissioning Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Offshore Decommissioning Market, Segmentation By Structure Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Offshore Decommissioning Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: TechnipFMC PLC Financial Performance

Figure 75: Petrofac Limited Financial Performance

Figure 76: John Wood Group Plc Financial Performance

Figure 77: Aker Solutions ASA Financial Performance

Figure 78: Allseas Group SA Financial Performance

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Frequently Asked Questions

What is the definition of the offshore decommissioning market?

How will the offshore decommissioning market drivers and restraints affect the offshore decommissioning market dynamics? What forces will shape the offshore decommissioning industry going forward?

The offshore decommissioning market major growth driver - Government Investment Fuels Offshore Decommissioning Market Growth. For further insights on the offshore decommissioning market, request a sample here

What is the forecast market size or the forecast market value of the offshore decommissioning market?

The offshore decommissioning market size has grown strongly in recent years. It will grow from $5.88 billion in 2023 to $6.43 billion in 2024 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to growing number of abandoned wells, the rising investments for the remediation of inactive oil and gas wells and the increasing mature offshore oilfields. The offshore decommissioning market size is expected to see strong growth in the next few years. It will grow to $8.91 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to the surge in government funding for well decommissioning and abandonment programs, the increasing exploration and production activities for oil and gas and rising demand for crude oil products. Major trends in the forecast period include increasing emphasis on decommissioning contracts with industry leaders, expanding acquisition efforts to increase geographic presence, growing importance of topside removal projects, strategic partnerships and collaborations among market players and innovations in subsea processing and transportation systems. For further insights on the offshore decommissioning market, request a sample here

How is the offshore decommissioning market segmented?

The offshore decommissioning market is segmented
1) By Type: Project Management, Engineering And Planning, Platform Preparation, Well Plugging And Abandonment, Conductor Removal, Platform Removal, Pipeline And Power Cable Decommissioning, Material Disposal And Site Clearance, Other Services
2) By Structure Type: Topside, Substructure, Subsea Infrastructure
3) By Application: Shallow Water, Deep WaterFor further insights on the offshore decommissioning market, request a sample here

Which region has the largest share of the offshore decommissioning market? What are the other regions covered in the report?

Europe was the largest region in the offshore decommissioning market in 2023. The regions covered in the offshore decommissioning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the offshore decommissioning market, request a sample here.

Who are the major players in the offshore decommissioning market?

What are the key trends in the offshore decommissioning market?

Major trend in the offshore decommissioning market - Worley And Morrison Energy Forge Strategic Alliance In Offshore Decommissioning. For further insights on the offshore decommissioning market, request a sample here.

What are the major opportunities in the offshore decommissioning market? What are the strategies for the offshore decommissioning market?

For detailed insights on the major opportunities and strategies in the offshore decommissioning market, request a sample here.

How does the offshore decommissioning market relate to the overall economy and other similar markets?

For detailed insights on offshore decommissioning market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the offshore decommissioning industry?

For detailed insights on the mergers and acquisitions in the offshore decommissioning industry, request a sample here.

What are the key dynamics influencing the offshore decommissioning market growth? SWOT analysis of the offshore decommissioning market.

For detailed insights on the key dynamics influencing the offshore decommissioning market growth and SWOT analysis of the offshore decommissioning industry, request a sample here.