Press release
Offshore Decommissioning Market Is Booming Worldwide with Top key players - Amec Foster Wheeler ASA, Aker Solutions, AF Gruppen S.A., Tetra Technologies, John Wood Group PLC, Able UK, DNV GL, Heerema Marine, Allseas Group
Offshore Decommissioning
Download PDF Brochure : https://www.coherentmarketinsights.com/insight/request-pdf/885
Global Offshore Decommissioning Market Outlook
-Europe is projected to be the fastest growing market in offshore decommissioning, owing to the maturing oilfields and high spending in North Sea and UK. The ceasing of major oilfields and excellent regulatory framework is ensuring high pace of offshore decommissioning market in Europe. Oil and Gas Authority, in U.K., is expected to invest around US$ 71 billion for safe decommissioning.
-North America is accounted to be the second largest market in offshore decommissioning, owing to maturing oilfields in Gulf of Mexico with large number of platforms decommissioning every year.
-Asia Pacific is witnessed to have a significant growth rate in offshore decommissioning market, owing to rise of aging oilfields. The decommissioning opportunities in Indonesia and Malaysia is anticipated to enhance the offshore decommissioning market in this region. Middle East offshore decommissioning market is projected to have a significant growth, due to its prolonged oil and gas operations and production activities.
The U.S assembled The Outer Continental Shelf Lands Act (OCSLA) and regulations establishing decommissioning obligations, which must be fulfilled by the operator during the signing of an offshore lease, including the requirement of approval and permit to remove the platform.
Key Players in the Global Offshore Decommissioning Market
The major key players operating in the global offshore decommissioning market include Amec Foster Wheeler ASA, Aker Solutions, AF Gruppen S.A., Tetra Technologies, John Wood Group PLC, Able UK, DNV GL, Heerema Marine, Allseas Group, DeepOcean Group, and Technipfmc
Global Offshore Decommissioning Market Taxonomy
On the basis of decommissioning process, the global offshore decommissioning market is segmented as:
Project Management
Planning and Engineering
Permitting Compliance
Regulatory Compliance
Platform Preparation
Well Plugging and abandonment
Conductor Removal
Mobilization & Demobilization of Derrick Barges
Platform Removal
Pipeline and Cable Decommissioning
Material Disposal
Site clearance
Request For Customization of Research Report : https://www.coherentmarketinsights.com/insight/request-customization/885
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.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 Is Booming Worldwide with Top key players - Amec Foster Wheeler ASA, Aker Solutions, AF Gruppen S.A., Tetra Technologies, John Wood Group PLC, Able UK, DNV GL, Heerema Marine, Allseas Group here
News-ID: 1719202 • Views: …
More Releases from Coherent Market Insights
U.S. Men's Underwear Market is Booming with Strong Growth Prospects | Jockey Int …
The latest report by Coherent Market Insights indicates strong growth potential for the U.S. Men's Underwear Market from 2025 to 2032, supported by rising industry demand, expanding applications, and ongoing technological advancements. The study delivers a clear overview of market size, revenue trends, and key growth factors shaping the global landscape. This research analyzes major market drivers, restraints, challenges, and emerging opportunities, while highlighting innovation trends and financial insights influencing…
Thermal Insulation Materials Market is Booming with Strong Growth Prospects | BA …
The Global Business Landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the Thermal Insulation Materials Market. From 2025 to 2032, this study delivers key insights, clear segmentation and actionable intelligence to help decision-makers navigate the evolving Thermal Insulation Materials Market and capitalise on upcoming opportunities.
Report Highlights
• Strategic coverage of investment hotspots, regional trend shifts and emerging…
Temperature Controlled Packaging Solutions Market 2025-2032: Growth Overview, Fa …
The latest report by Coherent Market Insights indicates strong growth potential for the Temperature Controlled Packaging Solutions Market from 2025 to 2032, supported by rising industry demand, expanding applications, and ongoing technological advancements. The study delivers a clear overview of market size, revenue trends, and key growth factors shaping the global landscape. This research analyzes major market drivers, restraints, challenges, and emerging opportunities, while highlighting innovation trends and financial insights…
Mining Floatation Chemicals Market Set for Dynamic Development with Key Players …
The Global Business Landscape is being reshaped by rapid innovation, rising investment and shifting regional dynamics - and at the heart of this transformation lies the Mining Floatation Chemicals Market. From 2025 to 2032, this study delivers key insights, clear segmentation and actionable intelligence to help decision-makers navigate the evolving Mining Floatation Chemicals Market and capitalise on upcoming opportunities.
Report Highlights
• Strategic coverage of investment hotspots, regional trend shifts and emerging…
More Releases for Decommissioning
Complete PDF Guide on Nuclear Decommissioning Services
The Nuclear Decommissioning Services Market size is projected to reach US$ 9.7 billion by 2031 from US$ 6.5 billion in 2023. The market is expected to register a CAGR of 5.1% in 2023-2031. As the demand for the focus on sustainability is increasing, the usage and dependency on nuclear plants are increasing, and such an increase in sustainability is leading to the building of new power plants.
Download PDF @ https://www.theinsightpartners.com/sample/TIPRE00010053?utm_source=openpr&utm_medium=10759
Top…
Nuclear Facility Decommissioning Solution Market Size Analysis by Application, T …
According to Market Research Intellect, the global Nuclear Facility Decommissioning Solution market under the Internet, Communication and Technology category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The nuclear facility decommissioning solution market is poised for growth as aging nuclear power plants reach…
Offshore Decommissioning Market: An In-Depth Analysis
The global offshore decommissioning market was valued at approximately USD 5.73 billion in 2023 and is projected to reach around USD 10.98 billion by 2032, growing at a compound annual growth rate (CAGR) of about 7.5% from 2024 to 2032.
Offshore Decommissioning Market Overview
The market's growth is primarily driven by the increasing number of aging offshore oil and gas platforms reaching the end of their operational life, necessitating safe and efficient…
Leading Growth Driver in the Offshore Decommissioning Market in 2025: Government …
What market dynamics are playing a key role in accelerating the growth of the offshore decommissioning market?
Rise in government funding for activities like well-plugging and abandonment is anticipated to boost the offshore decommissioning sector's growth. Well-plugging involves the use of materials and strategies to permanently cease an abandoned well's possibility of surface drainage pollution. Offshore decommissioning ensures the prevention of leaks from plugged wells by ending offshore oil and gas…
Offshore Decommissioning Market Outlook Trends, Opportunities and Challenges
Offshore Decommissioning Market: An Overview
As per the Market Research Future (MRFR)'s analysis, the Offshore Decommissioning Market is Projected to reach a market value of USD 9.0 billion while flourishing at a CAGR of 7.10% by 2030.
The offshore decommissioning market, which focuses on the safe and environmentally responsible removal and disposal of obsolete oil and gas platforms, subsea equipment, and wells, is becoming an increasingly important segment within the energy industry.…
Nuclear Decommissioning Services Market Highlights On Evolution 2025
Global Nuclear Decommissioning Services Market: Snapshot
The demand in the global market for nuclear decommissioning market is driven by a number of factors including accidents and rising political pressure for pre-closure, stringent regulations since Fukushima accident, public and government support for decommissioning of nuclear reactors, worldwide shut down of older reactors, and increase in the use of renewable energy. On the other hand, stringent regulatory standards, reliability of nuclear power, difficulty…
