Offshore decommissioning market

Offshore Decommissioning Market, By Water Depth (Shallow, Deep Water, Ultra Deep Water, Digital Printing, and Others), By 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), By Process (Material Disposal Site clearance, Project Management Planning and Engineering, Permitting Compliance Regulatory Compliance, Platform Preparation, Well Plugging and abandonment, Conductor Removal, Mobilization & Demobilization of Derrick Barges, Platform Removal, and Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

  • Mar 2024
  • CMI885
  • 230 Pages
  • Excel & Pdf
  • Energy
N/A

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 , 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • A Removal, Disposal, Remediation and Environmental Studies
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Modelling and Sampling
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Waste Mapping and Handling
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    •  Impact Assessment Program and Decommissioning Plan
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • HAZID (Hazard Identification Study) and Safety Screening, Removal of Equipment with NORM
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Stress Analysis, Lifting and Rigging Procedures
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Stress Analysis, Lifting and Rigging Procedures
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Transportation and Sea Fastening
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
  6. Global Offshore Decommissioning Market, By Process, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • Project Management Planning and Engineering
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Permitting Compliance Regulatory Compliance
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Platform Preparation
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Well Plugging and abandonment
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Conductor Removal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Mobilization & Demobilization of Derrick Barges
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Platform Removal
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Pipeline and Cable Decommissioning
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Material Disposal Site clearance
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
  7. Global Offshore Decommissioning Market, By Water Depth, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, 2020 - 2031
      • Segment Trends
    • Shallow
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Deep Water
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
    • Ultra Deep Water
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2031, (US$ Bn)
  8. Global Offshore Decommissioning Market, By Region, 2019-2031 (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2024, 2027, and 2031 (%)
      • Y-o-Y Growth Analysis, For Region, 2019 - 2031
    • North America
      • Market Share Analysis, By Country, 2023, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 – 2031
      • Market Size and Forecast, By Decommissioning Service , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Process , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Water Depth, 2019- 2031 (US$ Bn)
      • Countries
        • U.S.
        • Canada
    • Latin America
      • Market Share Analysis, By Country, 2023, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 – 2031
      • Market Size and Forecast, By Decommissioning Service , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Process , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Water Depth, 2019- 2031 (US$ Bn)
      • Countries
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Europe
      • Market Share Analysis, By Country, 2023, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 – 2031
      • Market Size and Forecast, By Decommissioning Service , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Process , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Water Depth, 2019- 2031 (US$ Bn)
      • Countries
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Share Analysis, By Country, 2023, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 – 2031
      • Market Size and Forecast, By Decommissioning Service , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Process , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Water Depth, 2019- 2031 (US$ Bn)
      • Countries
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Middle East & Africa
      • Market Share Analysis, By Country, 2023, 2027 and 2031 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 – 2031
      • Market Size and Forecast, By Decommissioning Service , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Process , 2019- 2031 (US$ Bn)
      • Market Size and Forecast, By Water Depth, 2019- 2031 (US$ Bn
      • Sub-Regions
        • GCC Countries
        • Israel
        • Rest of 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
      • Able UK
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Aker Solutions ASA
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • AF Gruppen S.A.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • John Wood Group PLC
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • DNV GL
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Heerema Marine Contractors (HMC)
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • DeepOcean Group Holding B.V.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Royal Boskalis Westminster N.V.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Petrofac
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
      • Boskalis
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
  10. Analyst Recommendation
    • Wheel of Fortune
    • Analyst View
    • Coherent Opportunity Map
  11. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

* Browse 50 market data tables* and 40 figures* on “Global Offshore Decommissioning Market” - forecast to 2031.

Market Segmentation

  • By Service:
    • Power Generation
    • 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
  • By Process:
    • Material Disposal Site clearance
    • Project Management Planning and Engineering
    • Permitting Compliance Regulatory Compliance
    • Platform Preparation
    • Well Plugging and abandonment
    • Conductor Removal
    • Mobilization & Demobilization of Derrick Barges
    • Platform Removal
    • Others (Pipeline and Cable Decommissioning, etc.)
  • By Water Depth:
    • Shallow
    • Deep Water
    • Ultra Deep Water
  • By Regional:
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa
- Frequently Asked Questions -

What will be the CAGR of the offshore decommissioning market?

The CAGR of the offshore decommissioning market is projected to be 6.1% from 2024 to 2031.

What are the major factors driving the offshore decommissioning market growth?

Aging infrastructure and regulatory mandates and economics of new field development are the major factors driving the growth of the offshore decommissioning market.

What are the key factors hampering the growth of the offshore decommissioning market?

Stringent environmental regulations and lack of experienced workforce are the major factors hampering the growth of the offshore decommissioning market.

Which is the leading service in the offshore decommissioning market?

In terms of service, Removal, Disposal, Remediation and Environmental Studies is estimated to dominate the market revenue share in 2024.

Which are the major players operating in the offshore decommissioning market?

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, Exxon Mobil Corporation, Able UK, Aker Solutions ASA, AF Gruppen S.A., John Wood Group PLC, DNV GL, Heerema Marine Contractors (HMC), DeepOcean Group Holding B.V., Royal Boskalis Westminster N.V., Petrofac, and Boskalis are the major players operating in the market.

Which region will lead the offshore decommissioning market?

Europe is expected to lead the offshore decommissioning market.
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