"Global Offshore Oil & Gas Decommissioning Market to be Worth $3.24bn in 2012" Says Visiongain Report

Visiongain’s analysis indicates that the Global Offshore Oil & Gas Decommissioning Market will reach a value of $3.24bn in 2012, as the combination of ageing infrastructure and increasing regulations help to drive the market. This includes spending on well plugging and abandonment (P&A), jacket and topsides removal, pipeline decommissioning, onshore disposal and all other costs associated with planning and carrying out decommissioning projects.

London, United Kingdom, September 14, 2012 --(PR.com)-- The lead analyst of the report commented that: "The global offshore oil & gas decommissioning market is currently undergoing a period of expansion, with the 2010 NTL idle iron regulations driving spending in the already established Gulf of Mexico region, while the North Sea and Asia-Pacific regions are both beginning to see a surge in demand for decommissioning services as platforms age. This change is creating a number of opportunities and challenges for companies involved in the market and will continue to do so over the next ten years."

The report contains 81 tables, charts and graphs that add visual analysis in order to explain developing trends within the Global Offshore Oil & Gas Decommissioning Market. Visiongain provides forecasts for the period 2012-2022 in terms of value (US$) for the global market, as well as for 5 regional markets (Gulf of Mexico, British Offshore, Norwegian Offshore, Asia-Pacific, Rest of the World). In addition, the Gulf of Mexico, British Offshore and Norwegian Offshore markets are broken down into 3 submarkets (well P&A, Jacket and Topsides Removal, and Other Costs) with forecasts and analysis included for the period 2012-2022. The report provides profiles of 35 leading companies operating within the market, and includes three interviews with major companies involved in the industry, which provides expert insight alongside Visiongain’s analysis.

The Global Offshore Oil & Gas Decommissioning Market 2012-2022 will be of value to current and future potential investors into the offshore decommissioning industry, as well as companies and research centres who wish to broaden their knowledge of the offshore oil & gas decommissioning market.

For sample pages and further information concerning the Visiongain report The Global Offshore Oil & Gas Decommissioning Market 2012-2022 please visit http://www.visiongain.com/Report/885/The-Global-Offshore-Oil-Gas-Decommissioning-Market-2012-2022

For an executive summary please contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com
Tel: +44 (0) 20 7336 6100

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.
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