openPR Logo
Press release

Offshore Decommissioning Market - Future Need Survey 2025 | Gruppen , Amec Foster Wheeler Plc

11-19-2018 12:54 PM CET | Energy & Environment

Press release from: TMR Research

/ PR Agency: TMR Research
Offshore Decommissioning Market - Future Need Survey 2025 | Gruppen , Amec Foster Wheeler Plc

Global Offshore Decommissioning Market: Overview

Offshore decommissioning is the process of disassembling offshore oil platforms, which also includes burying the holes drilled into the ground for exploration and extraction purposes. Mature oil platforms can have an adverse impact on the surrounding environment, which necessitates their removal. The global offshore decommissioning market is likely to remain a key sector of the global oil and gas industry in the coming years, as the latter is likely to emphasize increasingly on offshore petroleum extraction. Well plugging and abandonment is likely to remain the key segment of the global offshore decommissioning market in the coming years, with the extensive scale of the operation key in ensuring a steady dominant share for the segment in the global market.

Request Sample Copy of the Report @
www.tmrresearch.com/sample/sample?flag=B&rep_id=2489

Global Offshore Decommissioning Market: Key Trends

The global offshore decommissioning market is likely to exhibit steady growth in the coming years due to the rising number of mature oilfields, which no longer remain commercially viable. The high number of aging platforms in shallow water is also likely to remain a key driver for the global offshore decommissioning market in the coming years.

On the other hand, the high cost of offshore decommissioning projects could hinder the growth of the global offshore decommissioning market. Due to the large scale of offshore oil and gas platforms, significant expenditure needs to be dedicated for effective offshore decommissioning projects. Since the expenses go toward removing a nonfunctional asset rather than expanding the existing capacity, many players in the global oil and gas industry have remained reluctant about offshore decommissioning. The technology required to carry out offshore decommissioning efficiently are also lacking in several regions, as is systemic support from the regulatory framework. This is also likely to restrain the global offshore decommissioning market in the coming years.

Request TOC of the Report @
www.tmrresearch.com/sample/sample?flag=T&rep_id=2489

The rising use of techniques to maximize and prolong the viability of oilfields is also likely to restrain the growth of the global offshore decommissioning market in the coming years. Refilling and other techniques can help extend the operational lifespan of oilfield by a few years, and result in further profits for the oil and gas operator. This remains a key challenge for the offshore decommissioning market in the coming years, as offshore decommissioning remains unprofitable both economically as well as logistically compared to these techniques.

Global Offshore Decommissioning Market: Market Potential

Oil and gas operations in the North Sea are likely to be vital to the global offshore decommissioning market in the coming years. The U.K. and Norway are among the leading oil producers operating in the North Sea and are likely to remain among the key consumers of offshore decommissioning technology in the coming years. As a result, Europe is likely to be the leading regional offshore decommissioning market over the coming years.

Global Offshore Decommissioning Market: Geographical Dynamics

Following Europe, North America is also likely to retain a significant share in the global offshore decommissioning market due primarily to the rising role of the U.S. in the global oil and gas sector. The U.S. has traditionally been a major player in the oil and gas industry and is a leading operator of offshore oilfields at present. The rising prominence of Southeast Asian countries such as Indonesia and Malaysia in the global oil and gas sector is also likely to drive the Asia Pacific market for offshore decommissioning in the coming years.

Read Comprehensive Overview of Report @
www.tmrresearch.com/offshore-decommissioning-market

Global Offshore Decommissioning Market: Competitive Dynamics

The leading players in the global offshore decommissioning market include AF Gruppen ASA, Amec Foster Wheeler Plc, John Wood Group Plc, Ramboll Group, Aker Solutions ASA, and Tetra Technologies Inc.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Offshore Decommissioning Market - Future Need Survey 2025 | Gruppen , Amec Foster Wheeler Plc here

News-ID: 1381722 • Views: 267

More Releases from TMR Research

Farm Animal Drug Market 2025 | Zydus Animal Health Ltd., Zoetis, Inc.
Global Farm Animal Drug Market: Snapshot Farm animal drugs are medicines mainly used for healthcare-based practices for diagnosis, cure, mitigation, treatment, or prevention of diseases that could affect livestock. These medicines need to be used as per strict requirement based on their essentiality to maintain well-being of farm animals. Simply said, farm animal drugs are a key factor supporting the growth of livestock industry all over the globe. Get Sample Copy of
Survey On Innovation: Immune Thrombocytopenia Drugs Market 2028 | Rigel Pharmace …
Immune Thrombocytopenia Drugs Market: Overview The autoimmune disorder of immune thrombocytopenia outcomes in an unusually low level of platelets. Asymptomatic bleeding disorders are immune thrombocytopenia. Only after platelet counts are exceptionally low appear symptoms. These are petechias, skin contusions, bleeding from the rubber gum, among others. While most of the ITP aren’t fatal cases, roughly 3 per cent die from complication like intracranial hemorrhages and infection in chronic refractory ITP patients.
Neglected Tropical Disease Treatment Market Landscape Assessment By Type, Opport …
Global Neglected Tropical Disease Treatment Market: Introduction Relevant issues like sanitation, neatness, and cleanliness still stress a few pieces of the world even today. This outcomes in spike of contaminations and diseases that usually get neglected. They are named as neglected tropical diseases. World Health Organization states that these malady influence almost 1 billion individuals over the globe. This clarifies the upcoming potential for organizations in the global neglected tropical
Business Overview: Uveitis Drugs Market 2028 | Allergan India Private Limited, T …
Global Uveitis Drugs Market: Overview A limited choice of commercial drugs composed of corticosteroid treatments, immunosuppresives and biologics is characteristic of the global uveitis drugs market. Uveitis (Uveitis) is a median eye inflammation (Uvea) known as the uvea tract. The uvea is made up of iris, ciliary and choroids. Certain prevalent causes of uveitis are autoimmune diseases, infection, injury, inflammatory diseases and surgeries. Uveitis-related common symptoms include eye pain, floating

All 26115 Releases


More Releases for Offshore

Aban Offshore Ltd
Aban Offshore Ltd Aban Offshore Ltd – Company Profile & Financial Analysis” contains in depth information and data about the company and its operations. You will find information on the business structure, areas of operation, products and services offered by the company. It also comprises SWOT analysis, key ratios, historical financial data and insider’s view on financial stability and industrial ranking with financial forecasts for two- year period. This report is
Global Offshore Investments Analytics
Summary Global Offshore Investments Analytics enables cross-comparison of the global offshore investments markets at a country level for 55 countries. For each of these markets, the dashboard presents historic data on the balances for the key product areas available for the market under consideration. The product areas are deposits, mutual funds, equities, and bonds. Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=439724&ptitle=Global+Offshore+Investments+Analytics&req=Sample Synopsis – Compare the performance of 55 offshore investments markets around the world. – Understand the asset
Global Offshore Investments Analytics
Summary Global Offshore Investments Analytics enables cross-comparison of the global offshore investments markets at a country level for 55 countries. For each of these markets, the dashboard presents historic data on the balances for the key product areas available for the market under consideration. The product areas are deposits, mutual funds, equities, and bonds. Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=439724&ptitle=Global+Offshore+Investments+Analytics&req=Sample Synopsis – Compare the performance of 55 offshore investments markets around the world. – Understand the asset
Main Offshore Services of World Offshore
World Offshore is a specialist in the creation of the offshore companies in almost every country in the world. Over the last 10 years World Offshore offers advice and legal expertise to those who wish to invest in the field of offshoring. Offshore Virtual Office Like a regular business, the management of an offshore company is not easy. You must be reachable all the time for good business. Therefore World
Offshore Development Outsourcing Services
Offshore Development Outsourcing Services are important for the difference they make to a project. The benefits coming through them can be highlighted through the fanciest of words but felt in the real sense only when the work shows results. Getting offshore service providers to do web development projects has been a practice in place for a long time now. Their outsourcing services have made a world of difference to the applications
Offshore Outsourcing
Top 10 Reasons to Outsource FX: Increase revenues and profits derived from fee-based services Improve operational efficiencies and productivity level by automating administrative tasks. Deliver values to customers to enhance business relationships Expand services line to capture more business from existing customers achieve more competitive exchange rate through wholesale purchasing Control cost. If cash is not tied up in capital expenses, it can be reinvested in areas offering the greatest return