Offshore Decommissioning Market - Current Impact to Make Big Changes | Amec Foster Wheeler, TechnipFMC, Ramboll, ABB, John Wood

Keep yourself up-to-date with latest market trends and maintain a competitive edge by sizing up with available business opportunity in Global Offshore Decommissioning Market various segments and emerging territory with 100+ market data Tables, Pie Chat, Graphs & Figures. The research report presents a comprehensive assessment of the Global Offshore Decommissioning Market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, type of product and deal landscapes.
Some are the key players taken under coverage for this study is:
Amec Foster Wheeler (United Kingdom), TechnipFMC plc (United Kingdom), Ramboll (Denmark), ABB (Switzerland), John Wood Group (United Kingdom), Tetra Technologies (United States), Heerema Marine Contractors (the , Netherlands), Petrofac (Jersey), Claxton Engineering Services (United , Kingdom), Aker Solutions (Norway), Af Gruppen Asa (Norway), Dnv Gl As (Norway)
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Definition:
Offshore Decommissioning is applied when oil and gas fields end production, and those facilities are dismantled. The decommissioning offshore perform cleaning and removing all pipeline risers, all bottom-founded components, disposing of the platform in a scrap yard or fabrication yard. The global offshore decommissioning is further expected to grow due to the growing incidences of safety and the sanity of the offshore environment. Also, many key players are also developing disruptive and innovative technologies advancement in platforms for the market. The global market presents a decent growth opportunity such as improvement in regulatory frameworks and new guidelines, along with the rising inventory of structures nearing the end of life and operating beyond the lifespan. Growing government support towards the offshore decomposing also help to trigger market growth, For example, on March 2018 HM Treasury had entered into 86 decommissioning relief deeds and had made payments to one operator because it was meeting a partner operator’s share of decommissioning costs. HM Treasury paid this operator £45 million during 2017-18 and expects to pay it a further £299 million in future years.
Recent Development in Global Offshore Decommissioning Market:
In May 2019, Heerema announced the launch of a new company known as Fairfield Decom. It is a new platform combined with a highly experienced operator with offshore decommissioning contractors.
The Global Offshore Decommissioning Market segments and Market Data Break Down are illuminated below:
Study by Removal (Leave In Place, Partial, Complete), Services (Project Management, Engineering and Planning, Permitting and Regulatory Compliance, Platform Preparation, Well Plugging and Abandonment, Conductor Removal, Mobilisation and Demobilisations of Derrick Barges, Others (Platform Removals, Pipeline and Cable Decommissioning, Material Disposal)), Decommissioning Methods (Piece Small, Piece Large, Single Lift, Refloating), Water Depth (Shallow Water, Deepwater)

Important Features that are under offering & key highlights of the report:
1) How Study Have Considered the Impact of COVID-19 / Economic Slowdown of 2020?
Analyst at AMA are constantly gathering and conducting survey with opinion leaders and Industry experts from various region to minutely understand impact on growth as well as local reforms to evaluate study and market estimates. Due to lockdown different online medium and procedures are followed like Survey Monkey, LinkedIn Connections, and Email reach and industry forum to established industry viewpoint to garner rich insights for study. A special chapter in the study presents Impact Analysis of COVID-19 on Global Offshore Decommissioning Market along with tables and graphs related to various country and segments showcasing impact on growth trends.
2) Can list of players be customizing according to targeted regional geographies to match business objective?
Considering heat map analysis and based on market buzz or voice the profiled list of companies in the report. Yes, further list of players can also be customized as per your requirement keeping in mind your areas of interest and adding local emerging players and leaders from targeted geography.
** List of companies covered may vary in the final report subject to Name Change / Merger & Acquisition Activity etc. based on the difficulty of survey since data availability needs to be confirmed by research team especially in case of privately held company. Up to 2 players can be added at no additional cost.
3) Can Market be broken down by different set of application and types?
Additional segmentation / Market breakdown is possible subject to data availability, feasibility and depending upon timeline and toughness of survey. However a detailed requirement needs to be prepared before making any final confirmation.
** 3+ Additional country of your interest can be included at no added cost feasibility test would be conducted by Analyst team of AMA based on the requirement shared and accordingly deliverable time will also be disclosed.
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Market Drivers:
• Growing Number of Offshore Rigs Are Reaching End of Their Production Cycle
• Rising Global Need for Technical Decommissioning Specialists
• Rapid Expansion of Oil and Gas Industry
•
Market Trends:
• Increase Number of Wells Decommissioning For Plugging and Abandonment
Market Challenges
• Removal of Heavy Structures from the Harshest Offshore Environments
Market Restraints:
• High Operational and Maintenance Cost Of Decommissioning A Platform
• High Adoption of Wind and Water Power Generation, As an Alternatives to Decommissioning Any Platform
•
Market Opportunities:
• High Growth Decommissioning Offshore Wind Farms
• Strong Growth Potential in the UK Offshore Industry, Due To Oil Price Fall
• Increasing Offshore Activities in the North Sea, Due To Their Existing Infrastructure Are At End of Its Productive Life
•
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Major Highlights of TOC:
Chapter One: Market Overview
Chapter Two: Executive Summary ———- Free of Cost
Chapter Three: Market Dynamics —— USD1000
Market Drivers, Market Challenges, Market Trends, Restraints & Opportunities, Post Covid Scenario
Chapter Four: Market Factor Analysis —— USD400
Supply/Value Chain, Porters Five Forces, PESTEL analysis, Market Entropy, Patent & Trademark Analysis, Bargain Power
Chapter Five: Global Offshore Decommissioning, by Market Segmentation and Geography (value, volume**) (2014-2020) —— USD1400
Global Offshore Decommissioning Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Netherlands, Switzerland, Nordic, Others)
Asia-Pacific (Japan, China, Australia, India, Taiwan, South Korea, Middle East & Africa, Others)
Chapter Six: Global Offshore Decommissioning - Manufacturers/Players Analysis —— USD1200
Competitive Landscape, Comparative Market Share Analysis (2018-2019), Peer Group Analysis (2019), BCG Matrix, Company Profile, Product/Service Offering Matrix
Chapter Seven: Global Offshore Decommissioning, by Market Segmentation and Region (value, volume**) (2020-2027) —— USD1400
—— Sections same as Chapter Five——
Chapter Eight: Company profiles / Competitive Landscape [12 Players]—— USD1250
Chapter Nine: Methodology/Research Approach, Data Source, Disclaimer
** If applicable
Data Sources & Methodology
The primary sources involve the industry experts from the Global Offshore Decommissioning Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.
In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weightage.
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
AMA also offers Custom Research services providing focused, comprehensive and tailored research according to clientele objectives. Thanks for reading this article; you can also get individual chapter wise section or region wise report like North America, Europe or Asia.

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