Offshore Decommissioning Market by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal), and Region - Global Forecast to 2027

The offshore decommissioning market is projected to reach USD 8.0 billion by 2027 from an estimated USD 5.2 billion in 2021, at a CAGR of 7.4% during the forecast period. The factors driving the market include maturing oil & gas fields, low crude oil prices, and aging offshore infrastructure. Offshore decommissioning refers to ending oil & gas operations on offshore platforms and restoring marine life and seafloor to its pre-production conditions.

The report focuses on Global major leading industry player’s of Global Offshore Decommissioning Market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.

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The global offshore decommissioning market is dominated by leading players that have an extensive regional presence. The leading players in the offshore decommissioning industry are -

Heerema Marine Contractors (The Netherlands), Royal Boskalis Westminster N.V. (The Netherlands), Petrofac (Jersey), Oceaneering International (US), Baker Hughes Company (US), Halliburton (US), and Schlumberger (US).

Key Benefits of Buying the Report

The report identifies and addresses the key markets for offshore decommissioning, which would help service providers review the growth in demand.
The report helps service providers understand the pulse of the market and provides insights into drivers, restraints, opportunities, and challenges.
The report will help key players understand the strategies of their competitors better and help them in making better strategic decisions.

The distribution of primary interviews is as follows:

By Company Type: Tier I–55%, Tier II–25%, and Tier III–20%
By Designation: C-Level–35%, Director Level–30%, and Others–35%
By Region: North America- 20%, Europe- 30%, Asia-Pacific 25%, Middle East & Africa- 15%, South America- 10%

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Major Points from Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.2.1 Offshore Decommissioning Market, By Depth: Inclusions & Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Geographical Scope
1.4 Years Considered
1.5 Currency
1.6 Limitations
1.7 Stakeholders
1.8 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Offshore Decommissioning Market: Research Design
2.2 Market Breakdown & Data Triangulation
Figure 2 Data Triangulation Methodology
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.2.1 Key Industry Insights
2.2.2.2 Breakdown Of Primaries
Figure 3 Breakdown Of Primary Interviews: By Company Type, Designation, & Region
2.3 Impact Of Covid-19 On Oil & Gas Industry
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
2.5 Demand-Side Metrics
Figure 6 Main Metrics Considered While Constructing And Assessing Demand For Offshore Decommissioning
Table 1 Number Of Decommissioning Approvals And Project Costs Are Determining Factors For Global Offshore Decommissioning Market
Figure 7 Market Size Estimation: Demand-Side Metrics Approach
2.5.1 Research Assumptions For Demand-Side Metrics
2.6 Supply-Side Analysis
Figure 8 Key Steps Considered For Assessing Supply Of Offshore Decommissioning Services
Figure 9 Offshore Decommissioning Market: Supply-Side Analysis, 2020
2.6.1 Calculations For Supply Side
2.6.2 Assumptions For Supply Side
2.6.2.1 Key Primary Insights For Supply Side
2.7 Forecast

3 Executive Summary
And More…

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