Offshore Decommissioning Market Size, Growth Report And Forecast To 2033

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Offshore Decommissioning Global Market Report
2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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Offshore Decommissioning Market Segments
The Business Research Company segments the
offshore decommissioning market report as
Project Management, Engineering And Planning,
Platform Preparation, Well Plugging And
Abandonment, Conductor Removal, Platform Removal
By Type
Topside, Substructure, Subsea Infrastructure
By Structure
Shallow Water, Deep Water
By Application
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Market Statistics
The global Offshore Decommissioning market size
grew from 5.88 billion in 2023 to 6.43 billion
in 2024 at a compound annual growth rate (CAGR)
of 9.2. The Offshore Decommissioning market size
is expected to grow to 8.91 billion in 2028 at a
compound annual growth rate (CAGR) of 8.5.
8.91 B
6.43 B
5.88 B
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Key Market Drivers And Trends
Drivers
Increasing government investment in well-plugging
and abandoned activities is expected to propel
the offshore decommissioning market going forward
Trends
Strategic partnerships are a key trend in the
offshore decommissioning market.
Region
Europe was the largest region in the Offshore
Decommissioning market in 2023. The regions
covered in the Offshore Decommissioning market
analysis report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America,
Middle East and Africa.
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Top Eleven Players In The Market

• Major players in the market are
• Alduco Engineering
• Sasol
• Southey Contracting
• The Sparrows Group
• Gulfstream Services
• Aries Marine

• Norwell Engineering
• Oceaneering
• Ocyan
• TechnipFMC
• Subsea 7

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