Some of the key players profiled in the Offshore Decommissioning Market include Schlumberger, Halliburton, John Wood Group, Royal Dutch Shell, Rever Offshore, Weatherford, Petrofac, Bhge, Aker Solutions, Saipem, Technipfmc, Subsea 7, Oceaneering, Ramboll, and DNV GL.
Gaithersburg, Maryland, United States – March 3, 2020 /MarketersMedia/ —
Decline in production of crude oil, increasing figure of maturing oilfields, and aging offshore infrastructure are the factors driving the market growth. However, high expenditure of decommissioning may hinder the market growth.
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Offshore decommissioning can be defined as the process of terminating oil and gas operations at an offshore platform and returning the ocean and seafloor to its pre-lease state. It involves the safe plugging of the hole in the earth’s surface and disposal of the equipment used in offshore oil production.
By Removal, Complete Removal segment is likely to have a huge demand during the forecast period. Strict regulation for complete offshore platform removal to re-establish the marine life and seafloor to its pre-production environment is likely to drive this segment.
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Based on geography, Europe is going to have a lucrative growth during the forecast period owing to the fact that its North Sea offshore oilfields are & aging.
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Structures Covered:
• Substructure
• Subsea Infrastructure
• Topsides
Removals Covered:
• Leave in Place
• Complete Removal
• Partial Removal
Depths Covered:
• Deepwater
• Shallow Water
Services Covered:
• Platform Removal
• Platform Preparation
• Conductor Removal
• Project Management, Engineering, and Planning
• Material Disposal
• Mobilization & Demobilization of Derrick Barges
• Pipeline & Power Cable Decommissioning
• Site Clearance
• Permitting & Regulatory Compliance
• Well Plugging & Abandonment
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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Source: MarketersMedia
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