1 Executive Summary
2 Introduction
2.1 Definition 14
2.2 Assumptions 15
2.3 Market Structure 15
3 Research Methodology
3.1 Research Process 16
3.2 Primary Research 16
3.3 Secondary Research 17
3.4 Market Size Estimation 17
3.5 Forecast Model 19
4 Market Dynamics
4.1 Market Drivers 20
4.1.1 Aging Oil And Gas Fields – A New Source Of Revenue 20
4.1.2 Aging Offshore Infrastructure 20
4.1.3 Reduced Environmental And Regulatory Liabilities 20
4.2 Market Inhibitors 21
4.2.1 High Cost Of Decommissioning 21
4.2.2 Lack Of Clear Regulations For Decommissioning Activities 21
4.3 Opportunities 21
4.3.1 Rigs To Reef Programs 21
4.3.2 Reducing Risk By Recycling 22
4.4 Major Offshore Decommissioning Projects Around The World 22
4.4.1 North Sea Region 22
4.4.2 Table Of Approved Offshore Decommissioning Programmes 2020-2017 23
4.5 Regulations For Offshore Decommissioning 24
4.5.1 Introduction 24
4.5.2 International Conventions 25
5 Market Factor Analysis
5.1 Porter's Five Forces Analysis 34
5.1.1 Threat Of New Entrants 35
5.1.2 Bargaining Power Of Suppliers 35
5.1.3 Threat Of Substitutes 35
5.1.4 Bargaining Power Of Buyers 35
5.1.5 Rivalry 35
5.2 Supply Chain Analysis 36
5.3 Technology Progress 38
5.4 Technology Risk 38
5.5 Economic Change 38
5.6 Political And Environmental Change 40
6 Global Offshore Decommissioning Market, By Type
6.1 Overview 42
6.1.1 Topside 44
6.1.2 Substructure 44
6.1.3 Sub Infrastructure 45
7 Global Offshore Decommissioning Market, By Service Type
7.1 Overview 47
7.1.1 Well Plugging And Abandonment 49
7.1.2 Conductor Removal 49
7.1.3 Platform Removal 49
7.1.4 Others 50
8 Global Offshore Decommissioning Market, By Application
8.1 Overview 52
8.1.1 Shallow Water 54
8.1.2 Deepwater 54
9 Global Offshore Decommissioning Market, By Region
9.1 Introduction 56
9.2 Europe 57
9.2.1 U.K. 61
9.2.2 Norway 63
9.2.3 Rest Of Europe 65
9.3 North America 67
9.3.1 U.S. 70
9.3.2 Canada 72
9.4 Asia-Pacific 74
9.4.1 Indonesia 77
9.4.2 Malaysia 79
9.4.3 Australia 81
9.4.4 Rest Of Asia-Pacific 83
9.5 Rest Of The World 85
9.5.1 Latin America 88
9.5.2 Middle East 90
9.5.3 Africa 92
10 Company Profiles
10.1 Competitive Scenario 94
10.1.1 Competitive Landscape 94
10.1.1.1 Expansions 95
10.1.1.2 Mergers And Acquisitions 96
10.1.1.3 Partnerships And Collaborations 96
10.2 Market Share Analysis 97
10.3 Tetra Technologies 98
10.3.1 Company Overview 98
10.3.2 Financial Overview 98
10.3.3 Service Offering 99
10.3.4 Strategy 99
10.4 BP P.L.C. 101
10.4.1 Company Overview 101
10.4.2 Financial Overview 101
10.4.3 Service Offering 102
10.4.4 Strategy 102
10.5 Statoil ASA 104
10.5.1 Company Overview 104
10.5.2 Financial Overview 104
10.5.3 Service Offering 105
10.5.4 Strategy 105
10.6 DNV GL 107
10.6.1 Company Overview 107
10.6.2 Financial Overview 107
10.6.3 Service Offering 108
10.6.4 Strategy 109
10.7 TechnipFMC PLC 111
10.7.1 Company Overview 111
10.7.2 Financial Overview 111
10.7.3 Service Offering 112
10.7.4 Strategy 112
10.8 John Wood Group PLC 114
10.8.1 Company Overview 114
10.8.2 Financial Overview 114
10.8.3 Service Offering 115
10.8.4 Strategy 115
10.9 AF Gruppen ASA 116
10.9.1 Company Overview 116
10.9.2 Financial Overview 116
10.9.3 Service Offering 117
10.9.4 Strategy 117
10.10 Ramboll Group A/S. 118
10.10.1 Company Overview 118
10.10.2 Financial Overview 118
10.10.3 Service Offering 119
10.10.4 Strategy 119
10.11 Aker Solutions ASA 120
10.11.1 Company Overview 120
10.11.2 Financial Overview 120
10.11.3 Service Offering 121
10.11.4 Strategy 121
10.12 Amec Foster Wheeler 122
10.12.1 Company Overview 122
10.12.2 Financial Overview 122
10.12.3 Service Offering 123
10.12.4 Strategy 123
10.13 Claxton Engineering 124
10.13.1 Company Overview 124
10.13.2 Financial Overview 124
10.13.3 Product/Service Offering 124
10.13.4 Strategy 124
10.14 Allseas Group S.A 125
10.14.1 Company Overview 125
10.14.2 Financial Overview 125
10.14.3 Product/Service Offering 125
10.14.4 Strategy 125
10.15 DeepOcean Group 126
10.15.1 Company Overview 126
10.15.2 Financial Overview 126
10.15.3 Product/Service Offering 126
10.15.4 Strategy 126
11 List Of Tables
TABLE 1 MARKET SYNOPSIS 13
TABLE 2 UK OFFSHORE DECOMMISSIONING SPENDING FOR 2020 39
TABLE 3 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 43
TABLE 4 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 48
TABLE 5 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 53
TABLE 6 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY REGION, 2024-2030 (USD MILLION) 57
TABLE 7 EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 58
TABLE 8 EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 59
TABLE 9 EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 60
TABLE 10 EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 60
TABLE 11 U.K.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 61
TABLE 12 U.K.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 62
TABLE 13 U.K.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 62
TABLE 14 NORWAY: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 63
TABLE 15 NORWAY: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 64
TABLE 16 NORWAY: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 64
TABLE 17 REST OF EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 65
TABLE 18 REST OF EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 66
TABLE 19 REST OF EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 66
TABLE 20 NORTH AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 67
TABLE 21 NORTH AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 68
TABLE 22 NORTH AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 68
TABLE 23 NORTH AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 69
TABLE 24 NORTH AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 69
TABLE 25 U.S.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 70
TABLE 26 U.S.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 71
TABLE 27 U.S.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 71
TABLE 28 CANADA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 72
TABLE 29 CANADA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 73
TABLE 30 CANADA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 73
TABLE 31 ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 74
TABLE 32 ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 75
TABLE 33 ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 76
TABLE 34 ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 76
TABLE 35 INDONESIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 77
TABLE 36 INDONESIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 78
TABLE 37 INDONESIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 78
TABLE 38 MALAYSIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 79
TABLE 39 MALAYSIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 80
TABLE 40 MALAYSIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 80
TABLE 41 AUSTRALIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 81
TABLE 42 AUSTRALIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 82
TABLE 43 AUSTRALIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 82
TABLE 44 REST OF ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 83
TABLE 45 REST OF ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 84
TABLE 46 REST OF ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 84
TABLE 47 REST OF THE WORLD: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY COUNTRY, 2024-2030 (USD MILLION) 85
TABLE 48 REST OF THE WORLD: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 86
TABLE 49 REST OF THE WORLD: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 87
TABLE 50 REST OF THE WORLD: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 87
TABLE 51 LATIN AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 88
TABLE 52 LATIN AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 89
TABLE 53 LATIN AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 89
TABLE 54 MIDDLE EAST: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 90
TABLE 55 MIDDLE EAST: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 91
TABLE 56 MIDDLE EAST: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 91
TABLE 57 AFRICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 92
TABLE 58 AFRICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 92
TABLE 59 AFRICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 93
TABLE 60 AFRICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 93
12 List Of Figures
FIGURE 1 RESEARCH PROCESS OF MRFR 16
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 18
FIGURE 3 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL OFFSHORE DECOMMISSIONING MARKET 34
FIGURE 4 SUPPLY CHAIN STRUCTURE 36
FIGURE 5 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2020 (%) 42
FIGURE 6 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 43
FIGURE 7 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2020 (%) 47
FIGURE 8 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY SERVICE TYPE, 2024-2030 (USD MILLION) 48
FIGURE 9 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2020 (%) 52
FIGURE 10 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY APPLICATION, 2024-2030 (USD MILLION) 53
FIGURE 11 GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY REGION, 2024-2030 (USD MILLION) 56
FIGURE 12 EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 58
FIGURE 13 EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 59
FIGURE 14 U.K.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 61
FIGURE 15 NORWAY: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 63
FIGURE 16 REST OF EUROPE: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 65
FIGURE 17 NORTH AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 67
FIGURE 18 U.S.: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 70
FIGURE 19 CANADA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 72
FIGURE 20 ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 74
FIGURE 21 ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 75
FIGURE 22 INDONESIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 77
FIGURE 23 MALAYSIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 79
FIGURE 24 AUSTRALIA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 81
FIGURE 25 REST OF ASIA-PACIFIC: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 83
FIGURE 26 REST OF THE WORLD: GLOBAL OFFSHORE DECOMMISSIONING MARKET SHARE, BY COUNTRY, 2020 (% SHARE) 85
FIGURE 27 REST OF THE WORLD: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 86
FIGURE 28 LATIN AMERICA: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 88
FIGURE 29 MIDDLE EAST: GLOBAL OFFSHORE DECOMMISSIONING MARKET, BY TYPE, 2024-2030 (USD MILLION) 90
FIGURE 30 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL OFFSHORE DECOMMISSIONING MARKET, 2024-2030, (%) 94
FIGURE 31 EXPANSION: % SHARE BY KEY PLAYERS, 2024-2030, (%) 95
FIGURE 32 MERGERS AND ACQUISITIONS: % SHARE BY KEY PLAYERS, 2024-2030, (%) 96
FIGURE 33 MERGERS AND ACQUISITIONS: % SHARE BY KEY PLAYERS, 2024-2030, (%) 96
FIGURE 34 2020: OFFSHORE DECOMMISSIONING (%) SHARE BY MAJOR PLAYERS/MANUFACTURERS 97
FIGURE 35 TETRA TECHNOLOGIES : TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 98
FIGURE 36 TETRA TECHNOLOGIES: GEOGRAPHIC REVENUE MIX, 2020 (%) 99
FIGURE 37 TETRA TECHNOLOGIES: KEY DEVELOPMENTS, 2020 (%) 100
FIGURE 38 TETRA TECHNOLOGIES: SWOT ANALYSIS 100
FIGURE 39 BP P.L.C : TOTAL REVENUE, 2024-2030 (USD MILLION) 101
FIGURE 40 BP P.L.C: GEOGRAPHIC REVENUE MIX, 2020 (%) 102
FIGURE 41 BP P.L.C: KEY DEVELOPMENTS, 2020 (%) 103
FIGURE 42 BP PLC: SWOT ANALYSIS 103
FIGURE 43 STATOIL ASA : TOTAL REVENUE, 2024-2030 (USD MILLION) 104
FIGURE 44 STATOIL ASA: GEOGRAPHICAL REVENUE MIX, 2020 (%) 105
FIGURE 45 STATOIL ASA: KEY DEVELOPMENTS, 2020 (%) 106
FIGURE 46 STATOIL ASA: SWOT ANALYSIS 106
FIGURE 47 DNV GL: TOTAL REVENUE VS SEGMENTAL REVENUE, 2024-2030 (USD MILLION) 107
FIGURE 48 DNV GL: GEOGRAPHICAL REVENUE MIX, 2020 (%) 108
FIGURE 49 DNV GL: KEY DEVELOPMENTS, 2020 (%) 109
FIGURE 50 DNV GL: SWOT ANALYSIS 110
FIGURE 51 TECHNIP FMC: TOTAL REVENUE VS SEGMENTAL REVENUE, 2024-2030 (USD MILLION) 111
FIGURE 52 TECHNIP FMC: GEOGRAPHICAL REVENUE MIX, 2020 (%) 112
FIGURE 53 TECHNIP: KEY DEVELOPMENTS, 2020 (%) 113
FIGURE 54 TECHNIPFMC PLC: SWOT ANALYSIS 113
FIGURE 55 AF GRUPPEN ASA: TOTAL REVENUE VS SEGMENTAL REVENUE, 2024-2030 (USD MILLION) 114
FIGURE 56 RAMBOLL GROUP A/S: TOTAL REVENUE, 2024-2030 (USD MILLION) 116
FIGURE 57 RAMBOLL GROUP A/S: GEOGRAPHICAL REVENUE MIX, 2020 (%) 117
FIGURE 58 AKER SOLUTIONS ASA: TOTAL REVENUE, 2024-2030 (USD MILLION) 118
FIGURE 59 AKER SOLUTIONS ASA: KEY DEVELOPMENTS, 2020 (%) 119
FIGURE 60 AMEC FOSTER WHEELER: TOTAL REVENUE, 2024-2030 (USD MILLION) 120
FIGURE 61 JOHN WOOD GROUP PLC: TOTAL REVENUE, 2024-2030 (USD MILLION) 122
FIGURE 62 JOHN WOOD GROUP PLC: SWOT ANALYSIS 123