'Shallow water subsegment' presentation slideshows

Offshore Decommissioning Market worth $8.76 Billion by 2025

The offshore decommissioning market is expected to grow from an estimated USD 5.91 billion in 2017 to USD 8.76 billion by 2025, at a CAGR of 5.05%. Ageing offshore oil & gas infrastructure and maturing fields are driving the offshore decommissioning market. Low oil prices of the past couple of years has 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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