Offshore Decommissioning Market Analysis: Trends, Growth Factors,...

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2025-05-07 11:49:25 -

Offshore Decommissioning Market Analysis: Trends, Growth Factors, and Revenue Projections

Market Overview Offshore decommissioning refers to the process of retiring oil and gas infrastructure from service, which includes activities such as rig dismantling, well plug and abandonment, and the safe disposal or repurposing of subsea and topside equipment. As offshore exploration and production activities peaked in earlier decades, especially in regions like the North Sea and the Gulf...

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