Services, structure, depth, removal, company, and region are all segments of the worldwide offshore decommissioning industry. Project management, planning & engineering, permits compliance, regulatory compliance, well plugging and abandonment, material disposal, site clearing, platform preparation, and others are among the services segmented in the offshore decommissioning market. The well plugging and abandonment category dominated the market until 2021, and it is expected to continue to do so for the next five years, owing to strong demand from the European market. The market has been divided into two categories based on depth: deepwater and shallow water.
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