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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1110215

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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1110215

Offshore Decommissioning Market, by Decommissioning Service, by Process, by Water Depth, and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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The term "decommissioning" refers to the process of ending oil and gas operation at the offshore platform, keeping in account the risk and safety of the offshore environment. This process is carried out when oil production from the well decreases significantly. Offshore decommissioning must be done cost efficiently, as it comprises risks and uncertainties, creating challenges for decommissioning projects.

Factors such as rising number of maturing oil & gas fields especially in Gulf of Mexico and North Sea is predicted to drive growth of global offshore decommissioning market over the forecast period. However, high cost of decommissioning and ecosystem risk involved during the process is likely to hinder growth of the market in the near future.

Factors such as rising number of maturing oil & gas fields especially in Gulf of Mexico and North Sea is predicted to drive growth of global offshore decommissioning market over the forecast period. However, high cost of decommissioning and ecosystem risk involved during the process is likely to hinder growth of the market in the near future.

Market Dynamics

Among water depth segment, shallow water sub-segment is expected to gain significant market share in the global offshore decommissioning market over the forecast period. In 2021, the segment accounted for over 65.0% share in the global offshore decommissioning market in terms of revenue. Ageing structure in North Sea and Gulf of Mexico will undergo decommissioning activities during the forecast period.

Among regions, Europe held dominant position in the global offshore decommissioning market in terms of revenue share, in 2018. The region held for around 42.0% of the total revenue share generated across the globe. The regional growth is mainly derived by presence of maturing oil & gas fields.

Key features of the study:

  • This report provides an in-depth analysis of global offshore decommissioning market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
  • It elucidates potential revenue opportunity across different segment and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global Offshore Decommissioning market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key development and strategies, and future plans
  • Key companies covered as a part of this study include Acteon Group Limited, Topicus Finan BV, AF Gruppen ASA, Tetra Technologies Inc., Allseas Group S.A., DeepOcean Group Holding B.V., John Wood Group Plc, and Exxon Mobil Corporation.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global offshore decommissioning market report caters to various stakeholders in this industry including investors, suppliers, Offshore Decommissioning manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global offshore decommissioning market

Detailed Segmentation:

  • Global Offshore Decommissioning Market, By Decommissioning Service:
    • Removal, Disposal, Remediation and Environmental Studies
    • Modelling and Sampling
    • Waste Mapping and Handling
    • Impact Assessment Program and Decommissioning Plan
    • HAZID (Hazard Identification Study) and Safety Screening, Removal of Equipment with NORM
    • Stress Analysis, Lifting and Rigging Procedures
    • Transportation and Sea Fastening
  • Global Offshore Decommissioning Market, By Process :
    • 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
  • Global Offshore Decommissioning Market, By Water Depth :
    • Shallow
    • Deep Water
    • Ultra Deep Water
  • Global Offshore Decommissioning Market, By Region:
    • North America
      • By Country:
    • U.S.
    • Canada
    • Latin America
      • By Country:
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
    • Europe
      • By Country:
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
    • Asia Pacific
      • By Country:
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
    • Middle East & Africa
      • By Country/Region:
    • Middle East
    • Africa
  • Company Profiles
    • Acteon Group Limited,
      • Company Overview
      • Product Portfolio
      • Key Strategies
      • Recent Development
      • Future Plans
    • Topicus Finan BV
    • AF Gruppen ASA
    • Tetra Technologies Inc.
    • Allseas Group S.A.
    • DeepOcean Group Holding B.V.
    • John Wood Group Plc
    • Exxon Mobil Corporation.

"*" marked represents similar segmentation in other categories in the respective section

Product Code: CMI885

Table of Contents

1. Research Objectives and Assumptions

  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Purview

  • Report Description
    • Market Definition and Scope
  • Executive Summary
    • Market Snippet, By Decommissioning Service
    • Market Snippet, By Process
    • Market Snippet, By Water Depth
    • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restraints
    • PEST Analysis
    • PORTER's Five Forces Analysis
    • Market Opportunities
    • Regulatory Scenario
    • Key Developments
    • Industry Trend

4. Global Offshore Decommissioning Market - Impact of Coronavirus (COVID-19) Pandemic

  • Overview
  • Factors Affecting Global Offshore Decommissioning Market - COVID-19
  • Impact Analysis

5. Global Offshore Decommissioning Market, By Decommissioning Service , 2017-2030 (US$ Billion)

  • Introduction
    • Market Share Analysis, 2022, 2025, and 2030 (%)
    • Y-o-Y Growth Analysis, 2017 - 2030
    • Segment Trends
  • A Removal, Disposal, Remediation and Environmental Studies
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Modelling and Sampling
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Waste Mapping and Handling
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Impact Assessment Program and Decommissioning Plan
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • HAZID (Hazard Identification Study) and Safety Screening, Removal of Equipment with NORM
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Stress Analysis, Lifting and Rigging Procedures
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Stress Analysis, Lifting and Rigging Procedures
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Transportation and Sea Fastening
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

6. Global Offshore Decommissioning Market, By Process, 2017-2030 (US$ Billion)

  • Introduction
    • Market Share Analysis, 2022, 2025, and 2030 (%)
    • Y-o-Y Growth Analysis, 2017 - 2030
    • Segment Trends
  • Project Management Planning and Engineering
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Permitting Compliance Regulatory Compliance
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Platform Preparation
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Well Plugging and abandonment
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Conductor Removal
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Mobilization & Demobilization of Derrick Barges
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Platform Removal
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Pipeline and Cable Decommissioning
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Material Disposal Site clearance
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

7. Global Offshore Decommissioning Market, By Water Depth, 2017-2030 (US$ Billion)

  • Introduction
    • Market Share Analysis, 2022, 2025, and 2030 (%)
    • Y-o-Y Growth Analysis, 2017 - 2030
    • Segment Trends
  • Shallow
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Deep Water
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)
  • Ultra Deep Water
    • Introduction
    • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2030, (US$ Billion)

8. Global Offshore Decommissioning Market, By Region, 2017-2030 (US$ Billion)

  • Introduction
    • Market Share Analysis, By Region, 2022, 2025, and 2030 (%)
    • Y-o-Y Growth Analysis, For Region, 2017 - 2030
  • North America
    • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2030
    • Market Size and Forecast, By Decommissioning Service , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Process , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Water Depth, 2017- 2030 (US$ Billion)
    • Countries
  • U.S.
  • Canada
  • Latin America
    • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2030
    • Market Size and Forecast, By Decommissioning Service , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Process , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Water Depth, 2017- 2030 (US$ Billion)
    • Countries
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
    • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2030
    • Market Size and Forecast, By Decommissioning Service , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Process , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Water Depth, 2017- 2030 (US$ Billion)
    • Countries
  • U.K.
  • Germany
  • Italy
  • France
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
    • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2030
    • Market Size and Forecast, By Decommissioning Service , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Process , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Water Depth, 2017- 2030 (US$ Billion)
    • Countries
  • China
  • India
  • Japan
  • ASEAN
  • Australia
  • South Korea
  • Rest of Asia Pacific
  • Middle East & Africa
    • Market Share Analysis, By Country, 2022, 2025 and 2030 (%)
    • Y-o-Y Growth Analysis, By Country, 2017 - 2030
    • Market Size and Forecast, By Decommissioning Service , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Process , 2017- 2030 (US$ Billion)
    • Market Size and Forecast, By Water Depth, 2017- 2030 (US$ Billion
    • Sub-Regions
  • Middle East
  • Africa

9. Competitive Landscape

  • Heat Map Analysis
  • Market Share Analysis (3x3 Matrix)
  • Company Profiles
    • Acteon Group Limited
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
    • Topicus Finan BV
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
    • AF Gruppen ASA
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
    • Tetra Technologies Inc
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
    • DeepOcean Group Holding B.V.
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
    • John Wood Group Plc
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates
    • Exxon Mobil Corporation.
  • Company Overview
  • Product Portfolio
  • Recent Developments/Updates

10. Section

  • References
  • Research Methodology
  • About Us and Sales Contact
  • Browse 50 market data tables* and 40 figures* on "Global Offshore Decommissioning Market" - forecast to 2030.
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