Denmark Offshore Oil and Gas Decommissioning Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The offshore oil and gas decommissioning market in Denmark is expected to grow at a CAGR of more than 6% during the forecast period of 2020-2025. The maturing offshore fields and aging wells are moving towards the dry phase, driving the market of well decommissioning. With the increase in restrictive regulations, and the rising associated cost of operating aging platforms, the focus of operators on offshore decommissioning is increasing at a significant rate. On the other hand, the ongoing global pandemic of COVID-19 is likely to affect different operations and businesses and is expected to restrain the market growth.
Key HighlightsThe Denmark offshore oil and gas decommissioning market is consolidated. Some of the major companies include Bureau Veritas SA., Bureau Veritas SA, AF Gruppen ASA, A.P. Moeller Maersk A/S, and Saipem S.p.A.
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