Introduction Offshore Decommissioning Market compound annual growth rate (CAGR) of 7.10% during the forecast period (2022 - 2030) As offshore oil and gas reserves are depleted and environmental regulations become stricter, the decommissioning of offshore platforms and oil rigs has become an increasingly important topic in the energy industry. This blog will delve into the decommissioning...

Introduction As offshore oil and gas reserves are depleted and environmental regulations become stricter, the decommissioning of offshore platforms and oil rigs has become an increasingly important topic in the energy industry. This blog will delve into the decommissioning process, including oil rig removal, subsea well abandonment, and the dismantling of offshore structures. Offshore...

Introduction The offshore decommissioning market was estimated to be worth USD 5.2 billion in 2021. Over the course of the forecast period (2022–2030), the sector is expected to increase at a compound annual growth rate (CAGR) of 7.10%, from USD 5.5 billion in 2022 to USD 9.0 billion by 2030. As offshore oil and gas reserves are depleted and environmental regulations become stricter, the...

Introduction Offshore Decommissioning Market compound annual growth rate (CAGR) of 7.10% during the forecast period (2022 - 2030) As offshore oil and gas reserves are depleted and environmental regulations become stricter, the decommissioning of offshore platforms and oil rigs has become an increasingly important topic in the energy industry. The decommissioning process, including oil rig...