Offshore Decommissioning Market: Global Market Size, Forecast, Insights, Segmentation, and Competitive Landscape with Impact of COVID-19 & Russia-Ukraine War
The global offshore decommissioning market is expected to grow at a CAGR of around 6.8% during 2024-2033. This report on global offshore decommissioning market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global offshore decommissioning market by segmenting the market based on mode of service, removal, depth, structure, and region. Also, detailed profiles of companies operating in the offshore decommissioning market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Maturing Oil & Gas Field
• Aging Infrastructure
Market Challenges
• High Costs
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Service
• Project Management, Engineering & Planning
• Permitting & Regulatory Compliance
• Platform Preparation
• Well Plugging & Abandonment
• Conductor Removal
• Mobilization & Demobilization of Derrick Barges
• Platform Removal
• Pipeline & Power Cable Decommissioning
• Materials Disposal
• Site Clearance
Market by Removal
• Leave in Place
• Partial Removal (includes Toppled in Place)
• Complete Removal
Market by Depth
• Shallow Water
• Deepwater
Market by Structure
• Topside
• Substructure
• Sub Infrastructure
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Offshore Decommissioning Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Offshore Decommissioning Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 4.5. Impact of Russia-Ukraine War
- 5. Global Offshore Decommissioning Market by Service
- 5.1. Introduction
- 5.2. Project Management, Engineering & Planning
- 5.3. Permitting & Regulatory Compliance
- 5.4. Platform Preparation
- 5.5. Well Plugging & Abandonment
- 5.6. Conductor Removal
- 5.7. Mobilization & Demobilization of Derrick Barges
- 5.8. Platform Removal
- 5.9. Pipeline & Power Cable Decommissioning
- 5.10. Materials Disposal
- 5.11. Site Clearance
- 6. Global Offshore Decommissioning Market by Removal
- 6.1. Introduction
- 6.2. Leave in Place
- 6.3. Partial Removal (includes Toppled in Place)
- 6.4. Complete Removal
- 7. Global Offshore Decommissioning Market by Depth
- 7.1. Introduction
- 7.2. Shallow Water
- 7.3. Deepwater
- 8. Global Offshore Decommissioning Market by Structure
- 8.1. Introduction
- 8.2. Topside
- 8.3. Substructure
- 8.4. Sub Infrastructure
- 9. Global Offshore Decommissioning Market by Region
- 9.1. Introduction
- 9.2. Europe
- 9.2.1. Germany
- 9.2.2. United Kingdom
- 9.2.3. France
- 9.2.4. Italy
- 9.2.5. Spain
- 9.2.6. Russia
- 9.2.7. Netherlands
- 9.2.8. Rest of the Europe
- 9.3. North America
- 9.3.1. United States
- 9.3.2. Canada
- 9.4. Asia Pacific
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. India
- 9.4.4. South Korea
- 9.4.5. Australia
- 9.4.6. Indonesia
- 9.4.7. Rest of the Asia Pacific
- 9.5. Latin America
- 9.5.1. Mexico
- 9.5.2. Brazil
- 9.5.3. Argentina
- 9.5.4. Rest of Latin America
- 9.6. Middle East & Africa
- 9.6.1. Saudi Arabia
- 9.6.2. Turkey
- 9.6.3. Iran
- 9.6.4. United Arab Emirates
- 9.6.5. Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. Aker Solutions ASA
- 13.2.2. Amec Foster Wheeler PLC
- 13.2.3. AF Gruppen Asa
- 13.2.4. TechnipFMC PLC
- 13.2.5. Subsea Tech
- 13.2.6. DeepOcean Group Holding BV.
- 13.2.7. Allseas Group S.A
- 13.2.8. Tetra Technologies, Inc.
- 13.2.9. Ramboll Group A/S
- 13.2.10. Able UK Ltd.
- 13.2.11. Claxton Engineering Services, Ltd.
- 13.2.12. Petrofac Limited (Jersey)
- 13.2.13. DNV GL Group
- 13.2.14. Heerema Marine Contractors
- 13.2.15. John Wood Group PLC
- List of Figures
- Figure 1: Global Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 2: Global Offshore Decommissioning Market by Service, 2023
- Figure 3: Global Offshore Decommissioning Market by Removal, 2023
- Figure 4: Global Offshore Decommissioning Market by Depth, 2023
- Figure 5: Global Offshore Decommissioning Market by Structure, 2023
- Figure 6: Global Offshore Decommissioning Market by Region, 2023
- Figure 7: Global Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 8: Global Offshore Decommissioning Market by Service (in %), 2023 & 2033
- Figure 9: Global Project Management, Engineering & Planning Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 10: Global Project Management, Engineering & Planning Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 11: Global Permitting & Regulatory Compliance Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 12: Global Permitting & Regulatory Compliance Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 13: Global Platform Preparation Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 14: Global Platform Preparation Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 15: Global Well Plugging & Abandonment Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 16: Global Well Plugging & Abandonment Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 17: Global Conductor Removal Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 18: Global Conductor Removal Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 19: Global Mobilization & Demobilization of Derrick Barges Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 20: Global Mobilization & Demobilization of Derrick Barges Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 21: Global Platform Removal Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 22: Global Platform Removal Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 23: Global Conductor Removal Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 24: Global Conductor Removal Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 25: Global Pipeline & Power Cable Decommissioning Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 26: Global Pipeline & Power Cable Decommissioning Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 27: Global Materials Disposal Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 28: Global Materials Disposal Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 29: Global Site Clearance Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 30: Global Site Clearance Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 31: Global Offshore Decommissioning Market by Removal (in %), 2023 & 2033
- Figure 32: Global Leave in Place Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 33: Global Leave in Place Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 34: Global Partial Removal Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 35: Global Partial Removal Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 36: Global Complete Removal Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 37: Global Complete Removal Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 38: Global Offshore Decommissioning Market by Depth (in %), 2023 & 2033
- Figure 39: Global Shallow Water Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 40: Global Shallow Water Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 41: Global Deepwater Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 42: Global Deepwater Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 43: Global Offshore Decommissioning Market by Structure (in %), 2023 & 2033
- Figure 44: Global Topside Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 45: Global Topside Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 46: Global Substructure Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 47: Global Substructure Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 48: Global Sub Infrastructure Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 49: Global Sub Infrastructure Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 50: Global Offshore Decommissioning Market by Region (in %), 2023 & 2033
- Figure 51: Europe Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 52: Europe Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 53: Europe Offshore Decommissioning Market by Country (in %), 2023 & 2033
- Figure 54: Germany Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 55: United Kingdom Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 56: France Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 57: Italy Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 58: Spain Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 59: Russia Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 60: Netherlands Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 61: North America Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 62: North America Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 63: North America Offshore Decommissioning Market by Country (in %), 2023 & 2033
- Figure 64: United States Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 65: Canada Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 66: Asia Pacific Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 67: Asia Pacific Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 68: Asia Pacific Offshore Decommissioning Market by Country (in %), 2023 & 2033
- Figure 69: China Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 70: Japan Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 71: India Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 72: South Korea Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 73: Australia Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 74: Indonesia Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 75: Latin America Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 76: Latin America Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 77: Latin America Offshore Decommissioning Market by Country (in %), 2023 & 2033
- Figure 78: Mexico Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 79: Brazil Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 80: Argentina Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 81: Middle East & Africa Offshore Decommissioning Market (in US$ Million), 2019-2023
- Figure 82: Middle East & Africa Offshore Decommissioning Market (in US$ Million), 2024-2033
- Figure 83: Middle East & Africa Offshore Decommissioning Market by Country (in %), 2023 & 2033
- Figure 84: Saudi Arabia Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 85: Turkey Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 86: Iran Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 87: UAE Offshore Decommissioning Market (in US$ Million), 2019-2033
- Figure 88: Market Value Chain
- List of Tables
- Table 1: Global Offshore Decommissioning Market Portraiture
- Table 2: Global Offshore Decommissioning Market by Service (in US$ Million), 2023 & 2033
- Table 3: Global Offshore Decommissioning Market by Removal (in US$ Million), 2023 & 2033
- Table 4: Global Offshore Decommissioning Market by Depth (in US$ Million), 2023 & 2033
- Table 5: Global Offshore Decommissioning Market by Structure (in US$ Million), 2023 & 2033
- Table 6: Global Offshore Decommissioning Market by Region (in US$ Million), 2023 & 2033
- Table 7: Europe Offshore Decommissioning Market by Country (in US$ Million), 2023 & 2033
- Table 8: North America Offshore Decommissioning Market by Country (in US$ Million), 2023 & 2033
- Table 9: Asia Pacific Offshore Decommissioning Market by Country (in US$ Million), 2023 & 2033
- Table 10: Latin America Offshore Decommissioning Market by Country (in US$ Million), 2023 & 2033
- Table 11: Middle East & Africa Offshore Decommissioning Market by Country (in US$ Million),
- 2023 & 2033
- Table 12: List of Key Players
Research Assistance
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