26th Feb 2020 - The global Offshore Decommissioning Market is anticipated to witness an exponential growth in the forecast period. Offshore decommissioning of aging oil & gas platforms and subsea wells is essential in order to save the environment. Decommissioning‘s ... Read more
The global Offshore Decommissioning Market is estimated to be valued at US$6.3 billion in 2021 and is expected to exhibit a CAGR of 5.9% over the forecast period 2022-2030, according to a new report published by Coherent Market Insights. Offshore decommissioning involves the safe and efficient removal of obsolete oil and gas infrastructure from the seabed to minimize environmental impact and ensure the sustainability of marine ecosystems.
