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Offshore Decommissioning Market Size Worth USD 9.2 billion

Market Size - USD 3.5 billion in 2022, Market Growth - CAGR of 7.4% from 2023 to 2030, Market Trends - Growing number of abandoned wells and presence of. ....

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The Worldwide Offshore Decommissioning Industry is Expected to Reach $8 Billion by 2027 at a CAGR of 7.4% from 2021

The Worldwide Offshore Decommissioning Industry is Expected to Reach $8 Billion by 2027 at a CAGR of 7.4% from 2021
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Offshore Decommissioning Market worth $8.0 Billion by 2027

Offshore Decommissioning Market worth $8.0 Billion by 2027
iCrowd Newswire
According to the new market research report

by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region - Global Forecast to 2027″, published by MarketsandMarkets™, the Offshore Decommissioning Market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning industry. Low oil prices of the past couple of years have made it even more difficult to maintain low production mature reserves, driving companies to accelerate decommissioning plans for such oil & gas fields. ....

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Offshore Decommissioning Market Size to Reach $8.0 Billion by 2027

Share:
The global offshore decommissioning market size is projected to grow USD 8.0 billion by 2027, at a CAGR of 7.4%, from 2021 to 2027.
According to the new market research report
“
by Service (Well Plugging & Abandonment, Platform Removal, Conductor Removal) Depth (Shallow, Deepwater) Structure (Topsides, Substructure) Removal (Leave in Place, Partial, Complete), and Region – Global Forecast to 2027″, published by MarketsandMarkets™, the Offshore Decommissioning Market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning industry. Low oil prices of the past couple of years have made it even more difficult to maintain low production mature reserves, driving companies to accelerate decommissioning plans for such oil & gas fields. ....

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Well Intervention Market Worth $9.3 Billion by 2026 - Exclusive Report by MarketsandMarkets™

Well Intervention Market Worth $9.3 Billion by 2026 - Exclusive Report by MarketsandMarkets™
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