| Product Code: ETC4534656 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The offshore decommissioning market in Australia is growing as aging offshore oil and gas platforms reach the end of their operational life. Decommissioning involves dismantling platforms, plugging wells, and restoring marine ecosystems. Environmental regulations and safety standards are driving demand for professional decommissioning services.
The Australia Offshore Decommissioning Market is driven by the increasing number of aging offshore oil and gas platforms reaching the end of their operational life. The need for safe and environmentally responsible dismantling of offshore infrastructure is fueling market demand. Growing regulatory pressure to minimize environmental impact and restore marine ecosystems is also contributing to market growth. Technological advancements in cutting, lifting, and underwater decommissioning techniques are enhancing the efficiency and safety of decommissioning operations.
The offshore decommissioning market in Australia is limited by high costs associated with the removal of offshore infrastructure and waste disposal. Technical difficulties in ensuring the environmental restoration of decommissioned sites increase operational risks. Regulatory requirements for environmental protection and safety increase compliance complexity.
The Australia Offshore Decommissioning Market offers strong investment potential due to increasing need for safe and cost-effective removal of aging offshore infrastructure. Opportunities include developing advanced cutting and dismantling technologies, improving environmental impact management, and expanding into deep-water and harsh environmental conditions.
The government provides funding and tax incentives for offshore decommissioning activities. NOPSEMA regulations mandate safe and environmentally responsible decommissioning practices.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Offshore Decommissioning Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Offshore Decommissioning Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Offshore Decommissioning Market - Industry Life Cycle |
3.4 Australia Offshore Decommissioning Market - Porter's Five Forces |
3.5 Australia Offshore Decommissioning Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.6 Australia Offshore Decommissioning Market Revenues & Volume Share, By Depth, 2021 & 2031F |
3.7 Australia Offshore Decommissioning Market Revenues & Volume Share, By Structure, 2021 & 2031F |
3.8 Australia Offshore Decommissioning Market Revenues & Volume Share, By Removal, 2021 & 2031F |
4 Australia Offshore Decommissioning Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing number of aging offshore oil and gas platforms in Australia |
4.2.2 Stringent government regulations and policies for decommissioning activities |
4.2.3 Growing awareness and focus on environmental sustainability in the energy sector |
4.3 Market Restraints |
4.3.1 High costs associated with offshore decommissioning activities |
4.3.2 Technical challenges and risks involved in decommissioning offshore structures |
4.3.3 Limited availability of skilled workforce and specialized equipment for decommissioning projects |
5 Australia Offshore Decommissioning Market Trends |
6 Australia Offshore Decommissioning Market, By Types |
6.1 Australia Offshore Decommissioning Market, By Service |
6.1.1 Overview and Analysis |
6.1.2 Australia Offshore Decommissioning Market Revenues & Volume, By Service, 2021-2031F |
6.1.3 Australia Offshore Decommissioning Market Revenues & Volume, By Project management, engineering & planning, 2021-2031F |
6.1.4 Australia Offshore Decommissioning Market Revenues & Volume, By Permitting & regulatory compliance, 2021-2031F |
6.1.5 Australia Offshore Decommissioning Market Revenues & Volume, By Platform preparation, 2021-2031F |
6.1.6 Australia Offshore Decommissioning Market Revenues & Volume, By Well plugging & abandonment, 2021-2031F |
6.1.7 Australia Offshore Decommissioning Market Revenues & Volume, By Conductor removal, 2021-2031F |
6.1.8 Australia Offshore Decommissioning Market Revenues & Volume, By Mobilization & demobilization of derrick barges, 2021-2031F |
6.1.9 Australia Offshore Decommissioning Market Revenues & Volume, By Pipeline & power cable decommissioning, 2021-2031F |
6.1.10 Australia Offshore Decommissioning Market Revenues & Volume, By Pipeline & power cable decommissioning, 2021-2031F |
6.2 Australia Offshore Decommissioning Market, By Depth |
6.2.1 Overview and Analysis |
6.2.2 Australia Offshore Decommissioning Market Revenues & Volume, By Shallow, 2021-2031F |
6.2.3 Australia Offshore Decommissioning Market Revenues & Volume, By Deepwater, 2021-2031F |
6.3 Australia Offshore Decommissioning Market, By Structure |
6.3.1 Overview and Analysis |
6.3.2 Australia Offshore Decommissioning Market Revenues & Volume, By Topsides, 2021-2031F |
6.3.3 Australia Offshore Decommissioning Market Revenues & Volume, By Substructure, 2021-2031F |
6.4 Australia Offshore Decommissioning Market, By Removal |
6.4.1 Overview and Analysis |
6.4.2 Australia Offshore Decommissioning Market Revenues & Volume, By Leave in place, 2021-2031F |
6.4.3 Australia Offshore Decommissioning Market Revenues & Volume, By Partial, 2021-2031F |
6.4.4 Australia Offshore Decommissioning Market Revenues & Volume, By Complete, 2021-2031F |
7 Australia Offshore Decommissioning Market Import-Export Trade Statistics |
7.1 Australia Offshore Decommissioning Market Export to Major Countries |
7.2 Australia Offshore Decommissioning Market Imports from Major Countries |
8 Australia Offshore Decommissioning Market Key Performance Indicators |
8.1 Environmental impact assessment scores for decommissioning projects |
8.2 Percentage of decommissioned structures meeting regulatory compliance standards |
8.3 Number of new technologies or innovative solutions adopted in decommissioning projects |
9 Australia Offshore Decommissioning Market - Opportunity Assessment |
9.1 Australia Offshore Decommissioning Market Opportunity Assessment, By Service, 2021 & 2031F |
9.2 Australia Offshore Decommissioning Market Opportunity Assessment, By Depth, 2021 & 2031F |
9.3 Australia Offshore Decommissioning Market Opportunity Assessment, By Structure, 2021 & 2031F |
9.4 Australia Offshore Decommissioning Market Opportunity Assessment, By Removal, 2021 & 2031F |
10 Australia Offshore Decommissioning Market - Competitive Landscape |
10.1 Australia Offshore Decommissioning Market Revenue Share, By Companies, 2024 |
10.2 Australia Offshore Decommissioning Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |