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This report extensively analyzes the Global offshore decommissioning of Oil and gas installations market by segmenting it based on geography, decommissioning services or the activities and by areas of application. Offshore Decommissioning Market to grow at a CAGR of 4.96% during the period 2018-2022.Offshore decommissioning consists of a series of steps to close an oil and gas facility. Major processes in offshore decommissioning include dismantling, waste transportation, and site treatment and reuse. An offshore oil and gas facility takes several decades to be completely decommissioned depending on the process chosen, with these processes spread out over the years.
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The report covers the present scenario and the growth prospects of the global offshore decommissioning market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Global Offshore Decommissioning Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
AF Gruppen
Aker Solutions
HEEREMA MARINE CONTRACTORS
John Wood Group
Oceaneering International
Ramboll Group
Market driver
Maturing oil and gas fields and aging platforms
For a full, detailed list, view our report
Market challenge
High cost associated with offshore decommissioning projects
For a full, detailed list, view our report
Market trend
Rising investments in renewable energy
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2022 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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Companies Mentioned:
AF Gruppen, Aker Solutions, HEEREMA MARINE CONTRACTORS, John Wood Group, Oceaneering International, and Ramboll Group.
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Release ID: 351992