6 Offshore Decommissioning Market, by Service Type
6.1 Introduction
Figure 35 Offshore Decommissioning Market, by Service, 2020
Table 6 Offshore Decommissioning Market, by Service Type, 2017-2019 (USD Million)
Table 7 Offshore Decommissioning Market, by Service Type, 2020-2027 (USD Million)
6.2 Project Management, Engineering, and Planning
6.2.1 Project Management, Engineering, and Planning Phase of Decommissioning Can Start as Early as 2-3 Years Prior to Cessation of Production
Table 8 Offshore Decommissioning Market for Project Management, Engineering, and Planning, by Region, 2017-2019 (USD Million)
Table 9 Offshore Decommissioning Market for Project Management, Engineering, and Planning, by Region, 2020-2027 (USD Million)
6.3 Permitting & Regulatory Compliance
6.3.1 Middle East & Africa is Among Fastest Markets in Following Regulatory Compliance
Table 10 Offshore Decommissioning Market for Permitting & Regulatory Compliance, by Region, 2017-2019 (USD Million)
Table 11 Offshore Decommissioning Market for Permitting & Regulatory Compliance, by Region, 2020-2027 (USD Million)
6.4 Platform Preparation
6.4.1 Platform Preparation Helps in Reducing Offshore Decommissioning Costs and Time
Table 12 Offshore Decommissioning Market for Platform Preparation, by Region, 2017-2019 (USD Million)
Table 13 Offshore Decommissioning Market for Platform Preparation, by Region, 2020-2027 (USD Million)
6.5 Well Plugging & Abandonment
6.5.1 Increasing Investments in Well Plugging & Abandonment are Driving Market
Table 14 Offshore Decommissioning Market for Well Plugging & Abandonment, by Region, 2017-2019 (USD Million)
Table 15 Offshore Decommissioning Market for Well Plugging & Abandonment, by Region, 2020-2027 (USD Million)
6.6 Conductor Removal
6.6.1 Growing Emphasis on Safety is Expected to Drive Market for Conductor Removal Segment During Forecast Period
Table 16 Offshore Decommissioning Market for Conductor Removal, by Region, 2017-2019 (USD Million)
Table 17 Offshore Decommissioning Market for Conductor Removal, by Region, 2020-2027 (USD Million)
6.7 Mobilization & Demobilization of Derrick Barges
6.7.1 Rising Need for Economical and Safe Transportation of Structures to Onshore Locations is Expected to Drive Market During Forecast Period 91
Table 18 Offshore Decommissioning Market for Mobilization & Demobilization of Derrick Barges, by Region, 2017-2019 (USD Million)
Table 19 Offshore Decommissioning Market for Mobilization & Demobilization of Derrick Barges, by Region, 2020-2027 (USD Million)
6.8 Platform Removal
6.8.1 North Sea and Gulf of Mexico are Home to Maximum Number of Platforms, Which are Ideal and Not Producing Any Type of Hydrocarbons and Eligible for Decommissioning
Table 20 Offshore Decommissioning Market for Platform Removal, by Region, 2017-2019 (USD Million)
Table 21 Offshore Decommissioning Market for Platform Removal, by Region, 2020-2027 (USD Million)
6.9 Pipeline & Power Cable Decommissioning
6.9.1 Ageing Offshore Infrastructures are Estimated to Drive Market for this Segment During Forecast Period
Table 22 Offshore Decommissioning Market for Pipeline & Power Cable Decommissioning, by Region, 2017-2019 (USD Million)
Table 23 Offshore Decommissioning Market for Pipeline & Power Cable Decommissioning, by Region, 2020-2027 (USD Million)
6.10 Material Disposal
6.10.1 Rising Need for Safe Disposal and Recycling of Structure is Expected to Propel Market Growth During Forecast Period
Table 24 Offshore Decommissioning Market for Material Disposal, by Region, 2017-2019 (USD Million)
Table 25 Offshore Decommissioning Market for Material Disposal, by Region, 2020-2027 (USD Million)
6.11 Site Clearance
6.11.1 Availability of Regulatory Framework Guides Operating Companies to Conduct Their Site Clearance in Environmentally Safe Manner
Table 26 Offshore Decommissioning Market for Site Clearance, by Region, 2017-2019 (USD Million)
Table 27 Offshore Decommissioning Market for Site Clearance, by Region, 2020-2027 (USD Million)
10 Offshore Decommissioning Market, by Region
10.1 Introduction
Figure 39 Offshore Decommissioning Market in Asia-Pacific is Expected to Grow at Highest CAGR During Forecast Period
Figure 40 Europe Held Largest Share of Offshore Decommissioning Market, by Region, 2020
Table 50 Offshore Decommissioning Market, by Region, 2017-2019 (USD Million)
Table 51 Offshore Decommissioning Market, by Region, 2020-2027 (USD Million)
10.2 Europe
Figure 41 Europe: Regional Snapshot
10.2.1 By Service Type
Table 52 Offshore Decommissioning Market in Europe, by Service Type, 2017-2019 (USD Million)
Table 53 Offshore Decommissioning Market in Europe, by Service Type, 2020-2027 (USD Million)
10.2.2 By Structure
Table 54 Offshore Decommissioning Market in Europe, by Structure, 2017-2019 (USD Million)
Table 55 Offshore Decommissioning Market in Europe, by Structure, 2020-2027 (USD Million)
10.2.3 By Depth
Table 56 Offshore Decommissioning Market in Europe, by Depth, 2017-2019 (USD Million)
Table 57 Offshore Decommissioning Market in Europe, by Depth, 2020-2027 (USD Million)
10.2.4 By Removal
Table 58 Offshore Decommissioning Market in Europe, by Removal, 2017-2019 (USD Million)
Table 59 Offshore Decommissioning Market in Europe, by Removal, 2020-2027 (USD Million)
10.2.5 By Country
Table 60 Offshore Decommissioning Market in Europe, by Country, 2017-2019 (USD Million)
Table 61 Offshore Decommissioning Market in Europe, by Country, 2020-2027 (USD Million)
10.2.5.1 UK
10.2.5.1.1 Presence of Major Mature Offshore Oilfields and Government Policies such as Tax Refunds for Decommissioning of Its Oil & Gas Assets are Fostering Market Growth
Table 62 Offshore Decommissioning Market in UK, by Structure, 2017-2019 (USD Million)
Table 63 Offshore Decommissioning Market in UK, by Structure, 2020-2027 (USD Million)
Table 64 Offshore Decommissioning Market in UK, by Depth, 2017-2019 (USD Million)
Table 65 Offshore Decommissioning Market in UK, by Depth, 2020-2027 (USD Million)
Table 66 Offshore Decommissioning Market in UK, by Removal, 2017-2019 (USD Million)
Table 67 Offshore Decommissioning Market in UK, by Removal, 2020-2027 (USD Million)
10.2.5.2 Norway
10.2.5.2.1 Increasing Number of Mature Oilfields is Expected to Lead to Growth of Market
Table 68 Offshore Decommissioning Market in Norway, by Structure, 2017-2019 (USD Million)
Table 69 Offshore Decommissioning Market in Norway, by Structure, 2020-2027 (USD Million)
Table 70 Offshore Decommissioning Market in Norway, by Depth, 2017-2019 (USD Million)
Table 71 Offshore Decommissioning Market in Norway, by Depth, 2020-2027 (USD Million)
Table 72 Offshore Decommissioning Market in Norway, by Removal, 2017-2019 (USD Million)
Table 73 Offshore Decommissioning Market in Norway, by Removal, 2020-2027 (USD Million)
10.2.5.3 Netherlands
10.2.5.3.1 Most Old Structures and Platforms in Shallow Water Areas are Now Eligible for Decommissioning, Thereby Offering Opportunities for Market Growth
Table 74 Offshore Decommissioning Market in Netherlands, by Structure, 2017-2019 (USD Million)
Table 75 Offshore Decommissioning Market in Netherlands, by Structure, 2020-2027 (USD Million)
Table 76 Offshore Decommissioning Market in Netherlands, by Depth, 2017-2019 (USD Million)
Table 77 Offshore Decommissioning Market in Netherlands, by Depth, 2020-2027 (USD Million)
Table 78 Offshore Decommissioning Market in Netherlands, by Removal, 2017-2019 (USD Million)
Table 79 Offshore Decommissioning Market in Netherlands, by Removal, 2020-2027 (USD Million)
10.2.5.4 Rest of Europe
Table 80 Offshore Decommissioning Market in Rest of Europe, by Structure, 2017-2019 (USD Million)
Table 81 Offshore Decommissioning Market in Rest of Europe, by Structure, 2020-2027 (USD Million)
Table 82 Offshore Decommissioning Market in Rest of Europe, by Depth, 2017-2019 (USD Million)
Table 83 Offshore Decommissioning Market in Rest of Europe, by Depth, 2020-2027 (USD Million)
Table 84 Offshore Decommissioning Market in Rest of Europe, by Removal, 2017-2019 (USD Million)
Table 85 Offshore Decommissioning Market in Rest of Europe, by Removal, 2020-2027 (USD Million)
10.3 North America
Figure 42 North America: Regional Snapshot
10.3.1 By Service Type
Table 86 Offshore Decommissioning Market in North America, by Service Type, 2017-2019 (USD Million)
Table 87 Offshore Decommissioning Market in North America, by Service Type, 2020-2027 (USD Million)
10.3.2 By Structure
Table 88 Offshore Decommissioning Market in North America, by Structure, 2017-2019 (USD Million)
Table 89 Offshore Decommissioning Market in North America, by Structure, 2020-2027 (USD Million)
10.3.3 By Depth
Table 90 Offshore Decommissioning Market in North America, by Depth, 2017-2019 (USD Million)
Table 91 Offshore Decommissioning Market in North America, by Depth, 2020-2027 (USD Million)
10.3.4 By Removal
Table 92 Offshore Decommissioning Market in North America, by Removal, 2017-2019 (USD Million)
Table 93 Offshore Decommissioning Market in North America, by Removal, 2020-2027 (USD Million)
10.3.5 By Country
Table 94 Offshore Decommissioning Market in North America, by Country, 2017-2019 (USD Million)
Table 95 Offshore Decommissioning Market in North America, by Country, 2020-2027 (USD Million)
10.3.5.1 US
10.3.5.1.1 Presence of Large Number of Abandoned Wells, Which Need to be Decommissioned is Expected to Boost Market Growth
Table 96 Offshore Decommissioning Market in US, by Structure, 2017-2019 (USD Million)
Table 97 Offshore Decommissioning Market in US, by Structure, 2020-2027 (USD Million)
Table 98 Offshore Decommissioning Market in US, by Depth, 2017-2019 (USD Million)
Table 99 Offshore Decommissioning Market in US, by Depth, 2020-2027 (USD Million)
Table 100 Offshore Decommissioning Market in US, by Removal, 2017-2019 (USD Million)
Table 101 Offshore Decommissioning Market in US, by Removal, 2020-2027 (USD Million)
10.3.5.2 Canada
10.3.5.2.1 Support Polices for Offshore Decommissioning are Expected to Drive Market in Canada During Forecast Period
Table 102 Offshore Decommissioning Market in Canada, by Structure, 2017-2019 (USD Million)
Table 103 Offshore Decommissioning Market in Canada, by Structure, 2020-2027 (USD Million)
Table 104 Offshore Decommissioning Market in Canada, by Depth, 2017-2019 (USD Million)
Table 105 Offshore Decommissioning Market in Canada, by Depth, 2020-2027 (USD Million)
Table 106 Offshore Decommissioning Market in Canada, by Removal, 2017-2019 (USD Million)
Table 107 Offshore Decommissioning Market in Canada, by Removal, 2020-2027 (USD Million)
10.3.5.3 Mexico
10.3.5.3.1 Complete Removal of Aging Infrastructure Dominated Offshore Decommissioning Market in Mexico
Table 108 Offshore Decommissioning Market in Mexico, by Structure, 2017-2019 (USD Million)
Table 109 Offshore Decommissioning Market in Mexico, by Structure, 2020-2027 (USD Million)
Table 110 Offshore Decommissioning Market in Mexico, by Depth, 2017-2019 (USD Million)
Table 111 Offshore Decommissioning Market in Mexico, by Depth, 2020-2027 (USD Million)
Table 112 Offshore Decommissioning Market in Mexico, by Removal, 2017-2019 (USD Million)
Table 113 Offshore Decommissioning Market in Mexico, by Removal, 2020-2027 (USD Million)
10.4 South America
10.4.1 By Service Type
Table 114 Offshore Decommissioning Market in South America, by Service Type, 2017-2019 (USD Million)
Table 115 Offshore Decommissioning Market in South America, by Service Type, 2020-2027 (USD Million)
10.4.2 By Structure
Table 116 Offshore Decommissioning Market in South America, by Structure, 2017-2019 (USD Million)
Table 117 Offshore Decommissioning Market in South America, by Structure, 2020-2027 (USD Million)
10.4.3 By Depth
Table 118 Offshore Decommissioning Market in South America, by Depth, 2017-2019 (USD Million)
Table 119 Offshore Decommissioning Market in South America, by Depth, 2020-2027 (USD Million)
10.4.4 By Removal
Table 120 Offshore Decommissioning Market in South America, by Removal, 2017-2019 (USD Million)
Table 121 Offshore Decommissioning Market in South America, by Removal, 2020-2027 (USD Million)
10.4.5 By Country
Table 122 Offshore Decommissioning Market in South America, by Country, 2017-2019 (USD Million)
Table 123 Offshore Decommissioning Market in South America, by Country, 2020-2027 (USD Million)
10.4.5.1 Brazil
10.4.5.1.1 Increasing Investments and New Regulations are Driving Market in Brazil
Table 124 Offshore Decommissioning Market in Brazil, by Structure, 2017-2019 (USD Million)
Table 125 Offshore Decommissioning Market in Brazil, by Structure, 2020-2027 (USD Million)
Table 126 Offshore Decommissioning Market in Brazil, by Depth, 2017-2019 (USD Million)
Table 127 Offshore Decommissioning Market in Brazil, by Depth, 2020-2027 (USD Million)
Table 128 Offshore Decommissioning Market in Brazil, by Removal, 2017-2019 (USD Million)
Table 129 Offshore Decommissioning Market in Brazil, by Removal, 2020-2027 (USD Million)
10.4.5.2 Rest of South America
10.4.5.2.1 Low Crude Oil Prices Would Increase Demand for Offshore Decommissioning During Forecast Period
Table 130 Offshore Decommissioning Market in Rest of South America, by Structure, 2017-2019 (USD Million)
Table 131 Offshore Decommissioning Market in Rest of South America, by Structure, 2020-2027 (USD Million)
Table 132 Offshore Decommissioning Market in Rest of South America, by Depth, 2017-2019 (USD Million)
Table 133 Offshore Decommissioning Market in Rest of South America, by Depth, 2020-2027 (USD Million)
Table 134 Offshore Decommissioning Market in Rest of South America, by Removal, 2017-2019 (USD Million)
Table 135 Offshore Decommissioning Market in Rest of South America, by Removal, 2020-2027 (USD Million)
10.5 Middle East & Africa
10.5.1 By Service Type
Table 136 Offshore Decommissioning Market in Middle East & Africa, by Service Type, 2017-2019 (USD Million)
Table 137 Offshore Decommissioning Market in Middle East & Africa, by Service Type, 2020-2027 (USD Million)
10.5.2 By Structure
Table 138 Offshore Decommissioning Market in Middle East & Africa, by Structure, 2017-2019 (USD Million)
Table 139 Offshore Decommissioning Market in Middle East & Africa, by Structure, 2020-2027 (USD Million)
10.5.3 By Depth
Table 140 Offshore Decommissioning Market in Middle East & Africa, by Depth, 2017-2019 (USD Million)
Table 141 Offshore Decommissioning Market in Middle East & Africa, by Depth, 2020-2027 (USD Million)
10.5.4 By Removal
Table 142 Offshore Decommissioning Market in Middle East & Africa, by Removal, 2017-2019 (USD Million)
Table 143 Offshore Decommissioning Market in Middle East & Africa, by Removal, 2020-2027 (USD Million)
10.5.5 By Country
Table 144 Offshore Decommissioning Market in Middle East & Africa, by Country, 2017-2019 (USD Million)
Table 145 Offshore Decommissioning Market in Middle East & Africa, by Country, 2020-2027 (USD Million)
10.5.5.1 UAE
10.5.5.1.1 Increasing Number of Mature Oilfields in Shallow Water is Expected to Dominate Offshore Decommissioning Market in UAE
Table 146 Offshore Decommissioning Market in UAE, by Structure, 2017-2019 (USD Million)
Table 147 Offshore Decommissioning Market in UAE, by Structure, 2020-2027 (USD Million)
Table 148 Offshore Decommissioning Market in UAE, by Depth, 2017-2019 (USD Million)
Table 149 Offshore Decommissioning Market in UAE, by Depth, 2020-2027 (USD Million)
Table 150 Offshore Decommissioning Market in UAE, by Removal, 2017-2019 (USD Million)
Table 151 Offshore Decommissioning Market in UAE, by Removal, 2020-2027 (USD Million)
10.5.5.2 Angola
10.5.5.2.1 Implementation of New Regulations is Boosting Offshore Decommissioning Market in Angola
Table 152 Offshore Decommissioning Market in Angola, by Structure, 2017-2019 (USD Million)
Table 153 Offshore Decommissioning Market in Angola, by Structure, 2020-2027 (USD Million)
Table 154 Offshore Decommissioning Market in Angola, by Depth, 2017-2019 (USD Million)
Table 155 Offshore Decommissioning Market in Angola, by Depth, 2020-2027 (USD Million)
Table 156 Offshore Decommissioning Market in Angola, by Removal, 2017-2019 (USD Million)
Table 157 Offshore Decommissioning Market in Angola, by Removal, 2020-2027 (USD Million)
10.5.5.3 Saudi Arabia
10.5.5.3.1 Increasing Investments for Decommissioning Activities in Offshore Field
Table 158 Offshore Decommissioning Market in Saudi Arabia, by Structure, 2017-2019 (USD Million)
Table 159 Offshore Decommissioning Market in Saudi Arabia, by Structure, 2020-2027 (USD Million)
Table 160 Offshore Decommissioning Market in Saudi Arabia, by Depth, 2017-2019 (USD Million)
Table 161 Offshore Decommissioning Market in Saudi Arabia, by Depth, 2020-2027 (USD Million)
Table 162 Offshore Decommissioning Market in Saudi Arabia, by Removal, 2017-2019 (USD Million)
Table 163 Offshore Decommissioning Market in Saudi Arabia, by Removal, 2020-2027 (USD Million)
10.5.5.4 Rest of Middle East & Africa
Table 164 Offshore Decommissioning Market in Rest of Middle East & Africa, by Structure, 2017-2019 (USD Million)
Table 165 Offshore Decommissioning Market in Rest of Middle East & Africa, by Structure, 2020-2027 (USD Million)
Table 166 Offshore Decommissioning Market in Rest of Middle East & Africa, by Depth, 2017-2019 (USD Million)
Table 167 Offshore Decommissioning Market in Rest of Middle East & Africa, by Depth, 2020-2027 (USD Million)
Table 168 Offshore Decommissioning Market in Rest of Middle East & Africa, by Removal, 2017-2019 (USD Million)
Table 169 Offshore Decommissioning Market in Rest of Middle East & Africa, by Removal, 2020-2027 (USD Million)
10.6 Asia-Pacific
10.6.1 By Service Type
Table 170 Offshore Decommissioning Market in Asia-Pacific, by Service Type, 2017-2019 (USD Million)
Table 171 Offshore Decommissioning Market in Asia-Pacific, by Service Type, 2020-2027 (USD Million)
10.6.2 By Structure
Table 172 Offshore Decommissioning Market in Asia-Pacific, by Structure, 2017-2019 (USD Million)
Table 173 Offshore Decommissioning Market in Asia-Pacific, by Structure, 2020-2027 (USD Million)
10.6.3 By Depth
Table 174 Offshore Decommissioning Market in Asia-Pacific, by Depth, 2017-2019 (USD Million)
Table 175 Offshore Decommissioning Market in Asia-Pacific, by Depth, 2020-2027 (USD Million)
10.6.4 By Removal
Table 176 Offshore Decommissioning Market in Asia-Pacific, by Removal, 2017-2019 (USD Million)
Table 177 Offshore Decommissioning Market in Asia-Pacific, by Removal, 2020-2027 (USD Million)
10.6.5 By Country
Table 178 Offshore Decommissioning Market in Asia-Pacific, by Country, 2017-2019 (USD Million)
Table 179 Offshore Decommissioning Market in Asia-Pacific, by Country, 2020-2027 (USD Million)
10.6.5.1 China
10.6.5.1.1 Shallow Water Segment is Expected to Dominate Offshore Decommissioning Market in China
Table 180 Offshore Decommissioning Market in China, by Structure, 2017-2019 (USD Million)
Table 181 Offshore Decommissioning Market in China, by Structure, 2020-2027 (USD Million)
Table 182 Offshore Decommissioning Market in China, by Depth, 2017-2019 (USD Million)
Table 183 Offshore Decommissioning Market in China, by Depth, 2020-2027 (USD Million)
Table 184 Offshore Decommissioning Market in China, by Removal, 2017-2019 (USD Million)
Table 185 Offshore Decommissioning Market in China, by Removal, 2020-2027 (USD Million)
10.6.5.2 Indonesia
10.6.5.2.1 Declining Oil & Gas Production Over Past 10 Years from Aging Oilfields is Expected to Drive Market
Table 186 Offshore Decommissioning Market in Indonesia, by Structure, 2017-2019 (USD Million)
Table 187 Offshore Decommissioning Market in Indonesia, by Structure, 2020-2027 (USD Million)
Table 188 Offshore Decommissioning Market in Indonesia, by Depth, 2017-2019 (USD Million)
Table 189 Offshore Decommissioning Market in Indonesia, by Depth, 2020-2027 (USD Million)
Table 190 Offshore Decommissioning Market in Indonesia, by Removal, 2017-2019 (USD Million)
Table 191 Offshore Decommissioning Market in Indonesia, by Removal, 2020-2027 (USD Million)
10.6.5.3 Malaysia
10.6.5.3.1 Growing Number of Maturing Well and Decommissioning Activities in Malaysian Offshore Fields is Expected to Drive Market
Table 192 Offshore Decommissioning Market in Malaysia, by Structure, 2017-2019 (USD Million)
Table 193 Offshore Decommissioning Market in Malaysia, by Structure, 2020-2027 (USD Million)
Table 194 Offshore Decommissioning Market in Malaysia, by Depth, 2017-2019 (USD Million)
Table 195 Offshore Decommissioning Market in Malaysia, by Depth, 2020-2027 (USD Million)
Table 196 Offshore Decommissioning Market in Malaysia, by Removal, 2017-2019 (USD Million)
Table 197 Offshore Decommissioning Market in Malaysia, by Removal, 2020-2027 (USD Million)
10.6.5.4 Australia
10.6.5.4.1 Supporting Government Investments in Country are Expected to Drive Offshore Decommissioning Market During Forecast Period
Table 198 Offshore Decommissioning Market in Australia, by Structure, 2017-2019 (USD Million)
Table 199 Offshore Decommissioning Market in Australia, by Structure, 2020-2027 (USD Million)
Table 200 Offshore Decommissioning Market in Australia, by Depth, 2017-2019 (USD Million)
Table 201 Offshore Decommissioning Market in Australia, by Depth, 2020-2027 (USD Million)
Table 202 Offshore Decommissioning Market in Australia, by Removal, 2017-2019 (USD Million)
Table 203 Offshore Decommissioning Market in Australia, by Removal, 2020-2027 (USD Million)
10.6.5.5 Rest of Asia-Pacific
Table 204 Offshore Decommissioning Market in Rest of Asia-Pacific, by Structure, 2017-2019 (USD Million)
Table 205 Offshore Decommissioning Market in Rest of Asia-Pacific, by Structure, 2020-2027 (USD Million)
Table 206 Offshore Decommissioning Market in Rest of Asia-Pacific, by Depth, 2017-2019 (USD Million)
Table 207 Offshore Decommissioning Market in Rest of Asia-Pacific, by Depth, 2020-2027 (USD Million)
Table 208 Offshore Decommissioning Market in Rest of Asia-Pacific, by Removal, 2017-2019 (USD Million)
Table 209 Offshore Decommissioning Market in Rest of Asia-Pacific, by Removal, 2020-2027 (USD Million)