The global offshore decommissioning market is to increase from US$ 7,365 million in 2020 to US$ 9,823 million by 2025 with a compound annual growth rate (CAGR) of 5.9% for the period 2020-2025. Some of the prominent players in the offshore decommissioning market are Aker Solutions Asa, Allseas Group, Baker Hughes Company, Deepocean Group, John Wood Group Plc, Petrofac Ltd. , Ramboll Group A/S, Royal Dutch Shell Plc , Schlumberger, Weatherford International Plc. The research report on the global offshore decommissioning market provides extensive competition analysis and competitive conditions. The report includes information on significant products, players, challenges and developments, and other information specific to the offshore decommissioning market. The global economy is highly affected by the COVID-19. Various sectors in the economy are much affected by this pandemic. It is anticipated that the global economy will decline because of the loss of trillions of dollars. The growing extension and imposition of lockdown in various countries directly affect the economy all over the world. The report consists of a chapter that provides a detailed study of the impact of COVID-19 on the offshore decommissioning market. The data in this report is targeted for business and industry practitioners and specifically intended to assist in the explanation, direction, and to understand the potential of the offshore decommissioning markets. The study focuses on providing readers with an understanding of developments in the industry, market segments, market forecasts, leading players, and market drivers and inhibitors.

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Offshore Decommissioning
Market
Global Industry Analysis & Forecast US$
Million, 2019 – 2027

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Global Offshore Decommissioning Market
2
Scope of the Report
 Global Offshore Decommissioning Market ,
By Service
 Conductor Removal
 Materials Disposal
 Mobilization & Demobilization Of
Derrick Barges
 Permitting & Regulatory Compliance
 Pipeline & Power Cable
Decommissioning
 Platform Preparation
 Platform Removal
 Project Management, Engineering &
Planning
 Site Clearance
 Well Plugging & Abandonment
 Global Offshore Decommissioning Market , By
Depth
 Shallow Water
 Deepwater
 Global Offshore Decommissioning Market ,
By Region
 North America Offshore
Decommissioning Market
 Europe Offshore Decommissioning
Market
 Asia Pacific Offshore Decommissioning
Market
 Middle East & Africa Offshore
Decommissioning Market
 Latin America Offshore
Decommissioning Market
 Company
 Aker Solutions Asa
 Allseas Group
 Baker Hughes Company
 Deepocean Group
 John Wood Group Plc
 Petrofac Ltd.
 Ramboll Group A/S
 Royal Dutch Shell Plc
 Schlumberger
 Weatherford International Plc

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Global Offshore Decommissioning Market
3
Regions Covered
North America
U.S.
Canada
Europe
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
China
Japan
India
S. Korea
Indonesia
Australia & New
Zealand
ASEAN Countries
Rest of Asia Pacific
Latin America
Brazil
Mexico
Argentina
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa

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Global Offshore Decommissioning Market
Global Offshore Decommissioning Market Introduction
4
Decommissioning is the final stage of an oil or gas asset's life cycle, occurring after all feasible oil or gas has been
extracted. Oilfields and infrastructure must be decommissioned so that the land can be used for other purposes,
environmental harm is minimized, and the land can be returned to its former state to the greatest extent possible.
Almost all of the world's major oil and gas producing countries have reached the point where some infrastructure has
outlived its useful life and is no longer operational. Governments in these countries are developing and enacting
legislation to ensure that decommissioning is carried out by regulations, at the lowest possible cost, and with minimal
or no environmental impact.
Decommissioning is a time-consuming and difficult procedure. Because it involves sophisticated technological
procedures, it necessitates the same specialized crew as commissioning a fully operational platform. As an increasing
number of offshore oil and gas assets reach the end of their useful life, the offshore decommissioning market is
expected to grow into a multibillion-dollar industry.
The United Kingdom's Continental Shelf is currently regarded as the largest market for offshore decommissioning. The
Petroleum Act of 1998 governs the decommissioning procedure in the UK. The Department of Energy and Climate
Change (DECC) is in charge of administering and enforcing most policies related to the decommissioning of offshore oil
and gas infrastructure and pipelines in the United Kingdom, thanks to laws changed in the Energy Act of 2008. The
legislation specifies the procedure for cleaning and filling wells, as well as removing equipment and platforms.
According to the law, all provisions of the act about budget allocation, required licenses, and other matters must be
followed. Phrases define both total and partial structure removal (keeping some part of the structure to form an
artificial reef for ocean life, ensuring minimal environmental impact, for instance).

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Global Offshore Decommissioning Market
Global Offshore Decommissioning Market Introduction
5
When a structure is declared decommissionable, it is designated as an obsolete asset. Many platform elements can be
reused or repurposed for other projects after returning onshore, or they can be discarded. Decommissioning costs are
being reduced as operators are educated on the importance of decommissioning. Decommissioning is one of the most
appealing sectors for oil and gas companies looking to capitalize on new opportunities in the energy sector value
chain.
The global offshore decommissioning market is to increase from US$ 7,365 million in 2020 to US$ 9,823 million by
2025 with a compound annual growth rate (CAGR) of 5.9% for the period 2020-2025. Some of the prominent players in
the offshore decommissioning market are Aker Solutions Asa, Allseas Group, Baker Hughes Company, Deepocean
Group, John Wood Group Plc, Petrofac Ltd. , Ramboll Group A/S, Royal Dutch Shell Plc , Schlumberger, Weatherford
International Plc. The research report on the global offshore decommissioning market provides extensive competition
analysis and competitive conditions. The report includes information on significant products, players, challenges and
developments, and other information specific to the offshore decommissioning market. The global economy is highly
affected by the COVID-19. Various sectors in the economy are much affected by this pandemic. It is anticipated that
the global economy will decline because of the loss of trillions of dollars. The growing extension and imposition of
lockdown in various countries directly affect the economy all over the world. The report consists of a chapter that
provides a detailed study of the impact of COVID-19 on the offshore decommissioning market. The data in this report
is targeted for business and industry practitioners and specifically intended to assist in the explanation, direction, and
to understand the potential of the offshore decommissioning markets. The study focuses on providing readers with an
understanding of developments in the industry, market segments, market forecasts, leading players, and market

6. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market
Global Offshore Decommissioning Market Introduction
6
drivers and inhibitors.
Goals and objectives of the study
Understanding the opportunities and advancements of offshore decommissioning is determining the market
highlights, along with the foremost regions and countries involved in the growth of the market.
To study the diverse segments of the offshore decommissioning market and the dynamics of offshore
decommissioning in the market.
To categorize segments of offshore decommissioning with escalating growing potential and to value the futuristic
market of the segments.
To analyze the major trends related to different segments that help in figuring and persuading the offshore
decommissioning market.
To check region-specific growth and development in the offshore decommissioning market.
To understand the foremost stakeholders of the offshore decommissioning market and the value of the
competitive landscape of the leaders of the offshore decommissioning market.
To study the key plans, initiatives, and strategies for the development of the offshore decommissioning market.
Chapter 2, Market Overview provides an overview of the offshore decommissioning market. The chapter includes
macro-economic factors, market determinants (includes market drivers, restraints, opportunities, and challenges),
value chain analysis, technology/product roadmap, Porter 5 force model analysis, market growth opportunity analysis.
Chapter 3, Segment Analysis of the study deals with the different sub-segments of the market to calculate reliable
market forecasts. The chapter provides an in-depth analysis of the market segments of the offshore decommissioning

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Global Offshore Decommissioning Market
Global Offshore Decommissioning Market Introduction
7
market, year-on-year growth projections that enable readers to identify potential market growth areas.
Market Segmentation
Based on service, the global offshore decommissioning market is segmenting into conductor removal, materials
disposal, mobilization & demobilization of derrick barges, permitting & regulatory compliance, pipeline & power
cable, decommissioning, platform preparation, platform removal, project management, engineering & planning,
site clearance, well plugging & abandonment.
Based on depth, the offshore decommissioning market is segmenting into shallow water, deepwater.

8. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market
Global Offshore Decommissioning Market Introduction
Global Offshore Decommissioning Market Size, US$ Million
(2020 – 2027)
XX XX
XX
XX
XX
XX
XX XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Global Offshore Decommissioning Market Opportunity Analysis
Size, US$ Million (2020 – 2027)
8
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX% XX%
XX% XX%
XX%
XX% XX%
XX XX
XX
XX
XX
XX
XX
XX
XX
2019 2020 2021 2022 2023 2024 2025 2026 2027
Total Opportunity

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Global Offshore Decommissioning Market
Global Offshore Decommissioning Market Introduction
Global Offshore Decommissioning Market Share Analysis, by
Service, (2020 & 2027)
Global Offshore Decommissioning Market Share Analysis, by
Depth, (2020 & 2027)
9
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Conductor Removal
Materials Disposal
Mobilization & Demobilization Of Derrick Barges
Permitting & Regulatory Compliance
Pipeline & Power Cable Decommissioning
Platform Preparation
Platform Removal
Project Management, Engineering & Planning
Site Clearance
Well Plugging & Abandonment
2020
2027
2020
2027
XX%
XX% XX%
XX%
Shallow Water Deepwater

10. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market
Global Offshore Decommissioning Market , by Service
Global Offshore Decommissioning Market Analysis and Forecast, by Service, US$ Million (2020 – 2027)
Service 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Conductor Removal XX XX XX XX XX XX XX XX XX XX
Materials Disposal XX XX XX XX XX XX XX XX XX XX
Mobilization &
Demobilization Of
Derrick Barges
XX XX XX XX XX XX XX XX XX XX
Permitting & Regulatory
Compliance
XX XX XX XX XX XX XX XX XX XX
Pipeline & Power Cable
Decommissioning
XX XX XX XX XX XX XX XX XX XX
Platform Preparation XX XX XX XX XX XX XX XX XX XX
Platform Removal XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
10
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

11. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market
Global Offshore Decommissioning Market , by Service
Global Offshore Decommissioning Market Analysis and Forecast, by Service, US$ Million (2020 – 2027)
Service 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Project Management,
Engineering & Planning
XX XX XX XX XX XX XX XX XX XX
Site Clearance XX XX XX XX XX XX XX XX XX XX
Well Plugging &
Abandonment
XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
11
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

12. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market
Global Offshore Decommissioning Market , by Depth
Global Offshore Decommissioning Market Analysis and Forecast, by Depth, US$ Million (2020 – 2027)
Depth 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
Shallow Water XX XX XX XX XX XX XX XX XX XX
Deepwater XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
12
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

13. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market
Global Offshore Decommissioning Market , by Region
13
XX
XX XX
XX XX
XX
XX
XX
XX XX
North America Europe Asia Pacific Middle East & Africa Latin America
US$ Million
2020 2027
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX% XX%
North America
Europe
Asia Pacific
Middle East & Africa
Latin Maerica
2020
2027
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

14. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market
Global Offshore Decommissioning Market , by Region
Global Offshore Decommissioning Market Analysis and Forecast, by Region, US$ Million (2020 – 2027)
Region 2019 2020 2021 2022 2023 2024 2025 2026 2027
CAGR % (2020 –
2027)
North America XX XX XX XX XX XX XX XX XX XX
Europe XX XX XX XX XX XX XX XX XX XX
Asia Pacific XX XX XX XX XX XX XX XX XX XX
Middle East & Africa XX XX XX XX XX XX XX XX XX XX
Latin America XX XX XX XX XX XX XX XX XX XX
Total XX XX XX XX XX XX XX XX XX XX
14
Source: Secondary Literature, Expert Interviews, and Dhirtek Business Research Analysis

15. © Dhirtek Business Research and Consulting Private Limited www.dhirtekbusinessresearch.com
Global Offshore Decommissioning Market , Company Share Analysis, 2020 (%)
15
Global Offshore Decommissioning Market
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
XX%
Aker Solutions Asa
Allseas Group
Baker Hughes Company
Deepocean Group
John Wood Group Plc
Petrofac Ltd.
Ramboll Group A/S
Royal Dutch Shell Plc
Schlumberger
Weatherford International Plc
Others

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Global Offshore Decommissioning Market
16
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