Global Offshore Decommissioning Market is valued approximately at USD 5.84 billion in 2018 and is anticipated to grow with a growth rate of more than 4.71% over the forecast period 2019-2026. Decommissioning includes the disposal of the equipment used in offshore oil production and safe plugging of the hole in the earth’s surface. Decommissioning is a constantly developing market in the petroleum industry. It is the last stage of any offshore oil & gas project. The operations of decommissioning help in maintaining safety and sanity of the offshore environment. Growing number of aging offshore oil and gas platforms along with declining prices of crude oil are few major factors responsible for high CAGR of the market over the forecast period. For instance, according to World Economic Forum, there are 1,943 offshore oil rigs around the world in March 2019, represent an increase from 1,470 since 2015. Further, offshore oil platforms have an enormous existence, physically, environmentally and financially. According to EurekAlert Organization, around 6,000 rigs pump petroleum and natural gas are present across the globe. Thus, the growing number of offshore oil & gas platform is on increasing trend across the globe that would increases utilization of offshore decommissioning thereby, the market is growing at significant rate over the forecast period. Moreover, innovative technology for landscape reversal and increasing amount of investment in the oil & gas industry are the factors likely to create opportunities for the market growth in the near future. However, high cost of offshore decommissioning along with lack of technology infrastructure and regulatory monitoring are few factors anticipated to restraining the growth of global offshore decommissioning market during the forecast period.
The regional analysis of global Offshore Decommissioning market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region in terms of revenue and market share owing to rising number of offshore oil & gas platforms in the region. However, North America is expected to exhibit at high growth rate / CAGR over the forecast period of 2019-2026 owing to the presence of the Gulf of Mexico offshore oil reserves thereby, driving the demand for North America offshore decommissioning market in the region.
Major market player included in this report are:
Halliburton
Petrofac
Weatherford
Schlumberger
Technipfmc
John Wood Group
Ramboll
Oceaneering
Royal Dutch Shell
Aker Solutions
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Service:
Project Management, Engineering, and Planning
Well Plugging & Abandonment
Permitting & Regulatory Compliance
Others
By Structure:
Topsides
Substructure
Subsea Infrastructure
By Depth:
Shallow Water
Deep Water
By Removal:
Complete Removal
Partial Removal
Leave in Place
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Offshore Decommissioning Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Offshore Decommissioning Market, by Service, 2017-2026 (USD Billion)
1.2.2. Offshore Decommissioning Market, by Structure, 2017-2026 (USD Billion)
1.2.3. Offshore Decommissioning Market, by Depth, 2017-2026 (USD Billion)
1.2.4. Offshore Decommissioning Market, by Removal, 2017-2026 (USD Billion)
1.2.5. Offshore Decommissioning Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Offshore Decommissioning Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Offshore Decommissioning Market Dynamics
3.1. Offshore Decommissioning Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Offshore Decommissioning Market Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Offshore Decommissioning Market, by Service
5.1. Market Snapshot
5.2. Global Offshore Decommissioning Market by Service, Performance - Potential Analysis
5.3. Global Offshore Decommissioning Market Estimates & Forecasts by Service 2016-2026 (USD Billion)
5.4. Offshore Decommissioning Market, Sub Segment Analysis
5.4.1. Project Management, Engineering, and Planning
5.4.2. Well Plugging & Abandonment
5.4.3. Permitting & Regulatory Compliance
5.4.4. Others
Chapter 6. Global Offshore Decommissioning Market, by Structure
6.1. Market Snapshot
6.2. Global Offshore Decommissioning Market by Structure, Performance - Potential Analysis
6.3. Global Offshore Decommissioning Market Estimates & Forecasts by Structure 2016-2026 (USD Billion)
6.4. Offshore Decommissioning Market, Sub Segment Analysis
6.4.1. Topsides
6.4.2. Substructure
6.4.3. Subsea Infrastructure
Chapter 7. Global Offshore Decommissioning Market, by Depth
7.1. Market Snapshot
7.2. Global Offshore Decommissioning Market by Depth, Performance - Potential Analysis
7.3. Global Offshore Decommissioning Market Estimates & Forecasts by Depth 2016-2026 (USD Billion)
7.4. Offshore Decommissioning Market, Sub Segment Analysis
7.4.1. Shallow Water
7.4.2. Deep Water
Chapter 8. Global Offshore Decommissioning Market, by Removal
8.1. Market Snapshot
8.2. Global Offshore Decommissioning Market by Removal, Performance - Potential Analysis
8.3. Global Offshore Decommissioning Market Estimates & Forecasts by Removal 2016-2026 (USD Billion)
8.4. Offshore Decommissioning Market, Sub Segment Analysis
8.4.1. Complete Removal
8.4.2. Partial Removal
8.4.3. Leave in Place
Chapter 9. Global Offshore Decommissioning Market, Regional Analysis
9.1. Offshore Decommissioning Market, Regional Market Snapshot
9.2. North America Offshore Decommissioning Market
9.2.1. U.S. Offshore Decommissioning Market
9.2.1.1. Service breakdown estimates & forecasts, 2016-2026
9.2.1.2. Structure breakdown estimates & forecasts, 2016-2026
9.2.1.3. Depth breakdown estimates & forecasts, 2016-2026
9.2.1.4. Removal breakdown estimates & forecasts, 2016-2026
9.2.2. Canada Offshore Decommissioning Market
9.3. Europe Offshore Decommissioning Market Snapshot
9.3.1. U.K. Offshore Decommissioning Market
9.3.2. Rest of Europe Offshore Decommissioning Market
9.4. Asia-Pacific Offshore Decommissioning Market Snapshot
9.4.1. China Offshore Decommissioning Market
9.4.2. India Offshore Decommissioning Market
9.4.3. Japan Offshore Decommissioning Market
9.4.4. Rest of Asia Pacific Offshore Decommissioning Market
9.5. Latin America Offshore Decommissioning Market Snapshot
9.5.1. Brazil Offshore Decommissioning Market
9.5.2. Mexico Offshore Decommissioning Market
9.6. Rest of The World Offshore Decommissioning Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Halliburton
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Petrofac
10.2.3. Weatherford
10.2.4. Schlumberger
10.2.5. Technipfmc
10.2.6. John Wood Group
10.2.7. Ramboll
10.2.8. Oceaneering
10.2.9. Royal Dutch Shell
10.2.10. Aker Solutions
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
TABLE 1. LIST OF SECONDARY SOURCES, USED IN THE STUDY OF GLOBAL OFFSHORE DECOMMISSIONING MARKET
TABLE 2. LIST OF PRIMARY SOURCES, USED IN THE STUDY OF GLOBAL OFFSHORE DECOMMISSIONING MARKET
TABLE 3. GLOBAL OFFSHORE DECOMMISSIONING MARKET, REPORT SCOPE
TABLE 4. YEARS CONSIDERED FOR THE STUDY
TABLE 5. EXCHANGE RATES CONSIDERED
TABLE 6. GLOBAL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY REGION 2016-2026 (USD BILLION)
TABLE 7. GLOBAL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SERVICE 2016-2026 (USD BILLION)
TABLE 8. GLOBAL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY STRUCTURE 2016-2026 (USD BILLION)
TABLE 9. GLOBAL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY DEPTH 2016-2026 (USD BILLION)
TABLE 10. GLOBAL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY REMOVAL 2016-2026 (USD BILLION)
TABLE 11. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 12. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 13. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 14. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 15. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 16. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 17. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 18. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 19. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 20. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 21. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 22. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 23. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 24. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 25. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 26. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 27. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 28. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 29. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 30. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 31. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 32. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 33. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY SEGMENT, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 34. GLOBAL OFFSHORE DECOMMISSIONING MARKET BY REGION, ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 35. U.S. OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 36. U.S. OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 37. U.S. OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 38. U.S. OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 39. CANADA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 40. CANADA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 41. CANADA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 42. CANADA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 43. UK OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 44. UK OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 45. UK OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 46. UK OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 47. GERMANY OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 48. GERMANY OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 49. GERMANY OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 50. GERMANY OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 51. ROE OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 52. ROE OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 53. ROE OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 54. ROE OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 55. CHINA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 56. CHINA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 57. CHINA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 58. CHINA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 59. INDIA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 60. INDIA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 61. INDIA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 62. INDIA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 63. JAPAN OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 64. JAPAN OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 65. JAPAN OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 66. JAPAN OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 67. ROAPAC OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 68. ROAPAC OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 69. ROAPAC OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 70. ROAPAC OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 71. BRAZIL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 72. BRAZIL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 73. BRAZIL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 74. BRAZIL OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 75. MEXICO OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 76. MEXICO OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 77. MEXICO OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 78. MEXICO OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 79. ROLA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 80. ROLA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 81. ROLA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 82. ROLA OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 83. ROW OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS, 2016-2026 (USD BILLION)
TABLE 84. ROW OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 85. ROW OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
TABLE 86. ROW OFFSHORE DECOMMISSIONING MARKET ESTIMATES & FORECASTS BY SEGMENT 2016-2026 (USD BILLION)
