Gen Consulting Company estimates the global offshore decommissioning market will total USD 9,944 million by 2028, an average annual growth of 4.9 percent during the forecast period, according to the latest edition of the Global Offshore Decommissioning Market Report.
This industry report offers market estimates of the global market, followed by a detailed analysis of the decommissioning stage, water depth, and region. The global market data on offshore decommissioning can be segmented by decommissioning stage: well abandonment, operator project management and monitoring, running, making safe and preparation, subsea and site remediation, topside and substructure removal, topside and substructure reuse and recycling. The well abandonment segment was the largest contributor to the global offshore decommissioning market in 2021. Offshore decommissioning market is further segmented by water depth: deep waters, shallow waters, ultra-deep waters. According to the research, the shallow waters segment had the largest share in the global offshore decommissioning market. Based on region, the offshore decommissioning market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). North America held the largest revenue share in 2021.
As of 2021, the major players in the global offshore decommissioning market were Aker Solutions ASA, Fairfield Energy Limited, John Wood Group plc, Ramboll Group A/S, Saipem S.p.A., TechnipFMC plc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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– Get a detailed picture of the Global Offshore Decommissioning Market
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 4.9% |
| Pages | 20 |
| Key Players | Aker Solutions ASA, Fairfield Energy Limited, John Wood Group plc, Ramboll Group A/S, Saipem S.p.A., TechnipFMC plc |
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