The Offshore Dismantling Market is expected to grow at a CAGR of over 4% over the forecast period 2021-2027. The oil and gas industry’s aging offshore infrastructure, increased offshore oil and gas production activity, and oil and gas demand are expected to be the major drivers of the market. However, in recent years, volatility in oil prices has slowed down market research as capital expenditures in the upstream oil and gas industry have declined.
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Company Profile
Acteon Group Ltd
AF Gruppen
Aker Solutions
DeepOcean Group, Inc.
DNV GL (Det Norske Veritas group)
Heerema Marine Contractors
John Wood Group PLC
Petrofac Limited
Ramboll Group A/S
Subsea 7
Market – Segmentation
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
By removal:
Leave in place
Partial removal (includes toppled in place)
Complete removal
By depth:
Shallow water
Deepwater
By structure:
Topside
Substructure
Sub infrastructure
Scope of the Report
The research study analyzes the Global Offshore Decommissioning Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report Global Offshore Decommissioning Market of is available at: https://www.orionmarketreports.com/offshore-decommissioning-market/37910/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Offshore Decommissioning Market Report
1. What was the Offshore Decommissioning Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Offshore Decommissioning Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Offshore Decommissioning Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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