The Offshore Oil and Gas Decommissioning Market 2013-2023

The Offshore Oil and GasThe Offshore Oil and Gas Decommissioning Market 2013-2023 PR Newswire LONDON, November 6, 2013 Offshore oil and gas decommissioning is a growing activity globally. Much growth has been seen in the Gulf of Mexico market due to the 2010 NTL idle iron regulations and an abundance of redundant offshore installations. However, other locations are increasingly becoming significant markets. The North Sea, in particular the UK and Norwegian sectors, are experiencing considerable expansion as large, heavy offshore platforms are due for removal. Asia-Pacific is gearing up for increasing activity as more comprehensive guidelines and regulations are formed. The rest of the world is also subject to growth, with offshore platforms, subsea installations and wells requiring decommissioning due to age. Visiongain calculates that global spending in the offshore oil and gas decommissioning market will total $3.95bn in 2013. This includes well P&A, topside and jacket removal as well as other costs such as pipeline cleaning and decommissioning, onshore disposal, surveys and monitoring, and project management costs. Why you should buy The Offshore Oil and Gas Decommissioning Market 2013-2023 What is the future of the offshore oil and gas decommissioning market?