Global Offshore Decommissioning Market is
projected to reach USD 8.98 billion by 2023, at a CAGR of over 5% during the
forecast period due to strengthen & mandatory legal guidelines for offshore
oil, increasing focus on mature oil & gas fields and aging offshore platforms,
particularly in shallow water. Based on services, the market has been segmented
into Project Management, Planning & Engineering, Permitting Compliance,
Regulatory Compliance, Well Plugging and Abandonment, Material Disposal, Site
Clearance, Platform Preparation and Others. In 2017, the Well Plugging and
Abandonment segment dominated the market and is estimated to maintain its
dominance over the next five years as well. Based on depth, the market has been
categorised into Deepwater and Shallow Water. In 2017, the shallow water
segment was the largest market and is projected to maintain its dominance over
the next five years as well owing to its lower operational costs. The leading
players in the industry are AF Gruppen ASA, Technifmc Plc, Aker Solutions ASA
among others.
Years
considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2018–2023
Objective of the Study:
- To analyse and forecast the market size of Offshore Decommissioning
Market, in terms of value.
- To classify and forecast Global Offshore Decommissioning Market based
on service, structure, depth and regional distribution.
- To identify drivers and challenges for Global Offshore
Decommissioning Market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Global Offshore
Decommissioning Market.
- To conduct the pricing analysis for Offshore Decommissioning Market.
- To identify and analyse the profile of leading players involved in
the manufacturing of Global Offshore Decommissioning Market.
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Some of the leading players in the Global
Offshore Decommissioning Market are Amec Foster Wheeler PLC, John Wood
Group PLC, Heerema Marine Contractors, Subsea 7 S.A., Allseas Group S.A., Able
U.K. Ltd., Deepocean Group Holding B.V., Technipfmc PLC, Ramboll Group, John
Wood Group PLC etc.
TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of service providers across the globe. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the suppliers which
could not be identified due to the limitations of secondary research. TechSci
Research analysed the service offerings, distribution channels and presence of all
major collaboration service providers across the globe.
TechSci
Research calculated the market size of Global Offshore Decommissioning Market using a bottom-up approach, where data for various end user
industries and its application across various product types were recorded and
forecast for the future years. TechSci Research sourced these values from the
industry experts and company representatives and externally validated through analysing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
website, news articles, press releases, company annual reports, investor
presentations and financial reports were also used by TechSci Research.
Key Target
Audience:
- Offshore Decommissioning Service
Providers
- Offshore platform operators
- National oil companies
- Offshore logistics and ship
authorities
- Traders, Distributors, and
Suppliers
- Raw Material Suppliers
- Industry associations and
experts
- Research organizations and
consulting companies.
- Research Institutes
- Industry associations
- Market research and
consulting firm.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as collaboration
manufacturer and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Global Offshore Decommissioning Market has
been segmented into following categories, in addition to the industry trends
which have also been detailed below:
- Market, By Services:
- Project Management, Planning & Engineering
- Permitting Compliance & Regulatory Compliance
- Material Disposal
- Well Plugging and Abandonment
- Site Clearance
- Platform Preparation
- Others
- Market, By Structure:
- Topsides
- Subsea Infrastructure
- Substructure
- Market, By Depth:
- Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United
Kingdom
- Italy
- Spain
- North America
- United
States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South
Africa
- Saudi Arabia
- UAE
- Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Offshore Decommissioning Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Profit
Margin Analysis
- Profit margin analysis in case of direct and indirect
sales channel.
In case you don’t find what you are
looking for, please get in touch with our custom research team at sales@techsciresearch.com
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be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at sales@techsciresearch.com