Decommissioning of an offshore asset refers to the process of ending the operations on the asset and returning the ocean or seafloor to the pre-lease condition. Decommissioning is necessary for minimizing the risks to safety and the environment that can occur from leaving unused structures in the ocean. A strict legal framework of national, regional and international regulations governs how disused offshore facilities are decommissioned. A growing part of today?s offshore oil & gas assets is fast approaching the end of their design-specified life, and this is driving the growth of the offshore oil & gas decommissioning industry. With a number of idle offshore wells approaching decommissioning age globally, the global market for decommissioning of offshore oil & gas installations is anticipated to grow during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Offshore Decommissioning Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Offshore Decommissioning Services. This report contains market size and forecasts of Offshore Decommissioning Services in global, including the following market information:
Global Offshore Decommissioning Services Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Offshore Decommissioning Services market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Offshore Surveys Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Offshore Decommissioning Services include Amec Foster Wheeler, Aker Solutions, Bureau Veritas, EPIC Companies (EPIC), Bibby Offshore, Maersk Decom, Proserv Group, Linch-pin Offshore Management Services and AF Gruppen, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Offshore Decommissioning Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Offshore Decommissioning Services Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Offshore Decommissioning Services Market Segment Percentages, by Type, 2022 (%)
Offshore Surveys
Well Plugging & Abandonment
Removal Engineering
Others
Global Offshore Decommissioning Services Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Offshore Decommissioning Services Market Segment Percentages, by Application, 2022 (%)
Shallow Water
Deepwater
Global Offshore Decommissioning Services Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Offshore Decommissioning Services Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Offshore Decommissioning Services revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Offshore Decommissioning Services revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Amec Foster Wheeler
Aker Solutions
Bureau Veritas
EPIC Companies (EPIC)
Bibby Offshore
Maersk Decom
Proserv Group
Linch-pin Offshore Management Services
AF Gruppen
Outline of Major Chapters:
Chapter 1: Introduces the definition of Offshore Decommissioning Services, market overview.
Chapter 2: Global Offshore Decommissioning Services market size in revenue.
Chapter 3: Detailed analysis of Offshore Decommissioning Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Offshore Decommissioning Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Offshore Decommissioning Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Offshore Decommissioning Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Offshore Decommissioning Services Overall Market Size
2.1 Global Offshore Decommissioning Services Market Size: 2022 VS 2029
2.2 Global Offshore Decommissioning Services Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Offshore Decommissioning Services Players in Global Market
3.2 Top Global Offshore Decommissioning Services Companies Ranked by Revenue
3.3 Global Offshore Decommissioning Services Revenue by Companies
3.4 Top 3 and Top 5 Offshore Decommissioning Services Companies in Global Market, by Revenue in 2022
3.5 Global Companies Offshore Decommissioning Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Offshore Decommissioning Services Players in Global Market
3.6.1 List of Global Tier 1 Offshore Decommissioning Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Offshore Decommissioning Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Offshore Decommissioning Services Market Size Markets, 2022 & 2029
4.1.2 Offshore Surveys
4.1.3 Well Plugging & Abandonment
4.1.4 Removal Engineering
4.1.5 Others
4.2 By Type - Global Offshore Decommissioning Services Revenue & Forecasts
4.2.1 By Type - Global Offshore Decommissioning Services Revenue, 2018-2023
4.2.2 By Type - Global Offshore Decommissioning Services Revenue, 2024-2029
4.2.3 By Type - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Offshore Decommissioning Services Market Size, 2022 & 2029
5.1.2 Shallow Water
5.1.3 Deepwater
5.2 By Application - Global Offshore Decommissioning Services Revenue & Forecasts
5.2.1 By Application - Global Offshore Decommissioning Services Revenue, 2018-2023
5.2.2 By Application - Global Offshore Decommissioning Services Revenue, 2024-2029
5.2.3 By Application - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Offshore Decommissioning Services Market Size, 2022 & 2029
6.2 By Region - Global Offshore Decommissioning Services Revenue & Forecasts
6.2.1 By Region - Global Offshore Decommissioning Services Revenue, 2018-2023
6.2.2 By Region - Global Offshore Decommissioning Services Revenue, 2024-2029
6.2.3 By Region - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Offshore Decommissioning Services Revenue, 2018-2029
6.3.2 US Offshore Decommissioning Services Market Size, 2018-2029
6.3.3 Canada Offshore Decommissioning Services Market Size, 2018-2029
6.3.4 Mexico Offshore Decommissioning Services Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Offshore Decommissioning Services Revenue, 2018-2029
6.4.2 Germany Offshore Decommissioning Services Market Size, 2018-2029
6.4.3 France Offshore Decommissioning Services Market Size, 2018-2029
6.4.4 U.K. Offshore Decommissioning Services Market Size, 2018-2029
6.4.5 Italy Offshore Decommissioning Services Market Size, 2018-2029
6.4.6 Russia Offshore Decommissioning Services Market Size, 2018-2029
6.4.7 Nordic Countries Offshore Decommissioning Services Market Size, 2018-2029
6.4.8 Benelux Offshore Decommissioning Services Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Offshore Decommissioning Services Revenue, 2018-2029
6.5.2 China Offshore Decommissioning Services Market Size, 2018-2029
6.5.3 Japan Offshore Decommissioning Services Market Size, 2018-2029
6.5.4 South Korea Offshore Decommissioning Services Market Size, 2018-2029
6.5.5 Southeast Asia Offshore Decommissioning Services Market Size, 2018-2029
6.5.6 India Offshore Decommissioning Services Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Offshore Decommissioning Services Revenue, 2018-2029
6.6.2 Brazil Offshore Decommissioning Services Market Size, 2018-2029
6.6.3 Argentina Offshore Decommissioning Services Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Offshore Decommissioning Services Revenue, 2018-2029
6.7.2 Turkey Offshore Decommissioning Services Market Size, 2018-2029
6.7.3 Israel Offshore Decommissioning Services Market Size, 2018-2029
6.7.4 Saudi Arabia Offshore Decommissioning Services Market Size, 2018-2029
6.7.5 UAE Offshore Decommissioning Services Market Size, 2018-2029
7 Offshore Decommissioning Services Companies Profiles
7.1 Amec Foster Wheeler
7.1.1 Amec Foster Wheeler Company Summary
7.1.2 Amec Foster Wheeler Business Overview
7.1.3 Amec Foster Wheeler Offshore Decommissioning Services Major Product Offerings
7.1.4 Amec Foster Wheeler Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.1.5 Amec Foster Wheeler Key News & Latest Developments
7.2 Aker Solutions
7.2.1 Aker Solutions Company Summary
7.2.2 Aker Solutions Business Overview
7.2.3 Aker Solutions Offshore Decommissioning Services Major Product Offerings
7.2.4 Aker Solutions Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.2.5 Aker Solutions Key News & Latest Developments
7.3 Bureau Veritas
7.3.1 Bureau Veritas Company Summary
7.3.2 Bureau Veritas Business Overview
7.3.3 Bureau Veritas Offshore Decommissioning Services Major Product Offerings
7.3.4 Bureau Veritas Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.3.5 Bureau Veritas Key News & Latest Developments
7.4 EPIC Companies (EPIC)
7.4.1 EPIC Companies (EPIC) Company Summary
7.4.2 EPIC Companies (EPIC) Business Overview
7.4.3 EPIC Companies (EPIC) Offshore Decommissioning Services Major Product Offerings
7.4.4 EPIC Companies (EPIC) Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.4.5 EPIC Companies (EPIC) Key News & Latest Developments
7.5 Bibby Offshore
7.5.1 Bibby Offshore Company Summary
7.5.2 Bibby Offshore Business Overview
7.5.3 Bibby Offshore Offshore Decommissioning Services Major Product Offerings
7.5.4 Bibby Offshore Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.5.5 Bibby Offshore Key News & Latest Developments
7.6 Maersk Decom
7.6.1 Maersk Decom Company Summary
7.6.2 Maersk Decom Business Overview
7.6.3 Maersk Decom Offshore Decommissioning Services Major Product Offerings
7.6.4 Maersk Decom Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.6.5 Maersk Decom Key News & Latest Developments
7.7 Proserv Group
7.7.1 Proserv Group Company Summary
7.7.2 Proserv Group Business Overview
7.7.3 Proserv Group Offshore Decommissioning Services Major Product Offerings
7.7.4 Proserv Group Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.7.5 Proserv Group Key News & Latest Developments
7.8 Linch-pin Offshore Management Services
7.8.1 Linch-pin Offshore Management Services Company Summary
7.8.2 Linch-pin Offshore Management Services Business Overview
7.8.3 Linch-pin Offshore Management Services Offshore Decommissioning Services Major Product Offerings
7.8.4 Linch-pin Offshore Management Services Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.8.5 Linch-pin Offshore Management Services Key News & Latest Developments
7.9 AF Gruppen
7.9.1 AF Gruppen Company Summary
7.9.2 AF Gruppen Business Overview
7.9.3 AF Gruppen Offshore Decommissioning Services Major Product Offerings
7.9.4 AF Gruppen Offshore Decommissioning Services Revenue in Global Market (2018-2023)
7.9.5 AF Gruppen Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Offshore Decommissioning Services Market Opportunities & Trends in Global Market
Table 2. Offshore Decommissioning Services Market Drivers in Global Market
Table 3. Offshore Decommissioning Services Market Restraints in Global Market
Table 4. Key Players of Offshore Decommissioning Services in Global Market
Table 5. Top Offshore Decommissioning Services Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Offshore Decommissioning Services Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Offshore Decommissioning Services Revenue Share by Companies, 2018-2023
Table 8. Global Companies Offshore Decommissioning Services Product Type
Table 9. List of Global Tier 1 Offshore Decommissioning Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Offshore Decommissioning Services Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Offshore Decommissioning Services Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Offshore Decommissioning Services Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Offshore Decommissioning Services Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Offshore Decommissioning Services Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Offshore Decommissioning Services Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Offshore Decommissioning Services Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Offshore Decommissioning Services Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Offshore Decommissioning Services Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Offshore Decommissioning Services Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Offshore Decommissioning Services Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Offshore Decommissioning Services Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Offshore Decommissioning Services Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Offshore Decommissioning Services Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Offshore Decommissioning Services Revenue, (US$, Mn), 2024-2029
Table 30. Amec Foster Wheeler Company Summary
Table 31. Amec Foster Wheeler Offshore Decommissioning Services Product Offerings
Table 32. Amec Foster Wheeler Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 33. Amec Foster Wheeler Key News & Latest Developments
Table 34. Aker Solutions Company Summary
Table 35. Aker Solutions Offshore Decommissioning Services Product Offerings
Table 36. Aker Solutions Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 37. Aker Solutions Key News & Latest Developments
Table 38. Bureau Veritas Company Summary
Table 39. Bureau Veritas Offshore Decommissioning Services Product Offerings
Table 40. Bureau Veritas Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 41. Bureau Veritas Key News & Latest Developments
Table 42. EPIC Companies (EPIC) Company Summary
Table 43. EPIC Companies (EPIC) Offshore Decommissioning Services Product Offerings
Table 44. EPIC Companies (EPIC) Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 45. EPIC Companies (EPIC) Key News & Latest Developments
Table 46. Bibby Offshore Company Summary
Table 47. Bibby Offshore Offshore Decommissioning Services Product Offerings
Table 48. Bibby Offshore Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 49. Bibby Offshore Key News & Latest Developments
Table 50. Maersk Decom Company Summary
Table 51. Maersk Decom Offshore Decommissioning Services Product Offerings
Table 52. Maersk Decom Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 53. Maersk Decom Key News & Latest Developments
Table 54. Proserv Group Company Summary
Table 55. Proserv Group Offshore Decommissioning Services Product Offerings
Table 56. Proserv Group Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 57. Proserv Group Key News & Latest Developments
Table 58. Linch-pin Offshore Management Services Company Summary
Table 59. Linch-pin Offshore Management Services Offshore Decommissioning Services Product Offerings
Table 60. Linch-pin Offshore Management Services Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 61. Linch-pin Offshore Management Services Key News & Latest Developments
Table 62. AF Gruppen Company Summary
Table 63. AF Gruppen Offshore Decommissioning Services Product Offerings
Table 64. AF Gruppen Offshore Decommissioning Services Revenue (US$, Mn) & (2018-2023)
Table 65. AF Gruppen Key News & Latest Developments
List of Figures
Figure 1. Offshore Decommissioning Services Segment by Type in 2022
Figure 2. Offshore Decommissioning Services Segment by Application in 2022
Figure 3. Global Offshore Decommissioning Services Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Offshore Decommissioning Services Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Offshore Decommissioning Services Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Offshore Decommissioning Services Revenue in 2022
Figure 8. By Type - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 9. By Application - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 10. By Type - Global Offshore Decommissioning Services Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 12. By Application - Global Offshore Decommissioning Services Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 14. By Region - Global Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 15. By Country - North America Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 16. US Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 20. Germany Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 21. France Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 28. China Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 32. India Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 34. Brazil Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Offshore Decommissioning Services Revenue Market Share, 2018-2029
Figure 37. Turkey Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Offshore Decommissioning Services Revenue, (US$, Mn), 2018-2029
Figure 41. Amec Foster Wheeler Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. Aker Solutions Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Bureau Veritas Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. EPIC Companies (EPIC) Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Bibby Offshore Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Maersk Decom Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. Proserv Group Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Linch-pin Offshore Management Services Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. AF Gruppen Offshore Decommissioning Services Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
