Product Code: ETC4534661 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The offshore decommissioning market in the UAE is an emerging segment, reflecting the maturity of its offshore oil and gas infrastructure. As offshore facilities and platforms reach the end of their productive life, decommissioning becomes a critical phase in the industry. The UAE offshore decommissioning market is characterized by the need for environmentally responsible practices, cost-effective solutions, and compliance with regulatory requirements. With a focus on sustainability and resource optimization, this market represents a significant opportunity for companies specializing in decommissioning services.
The offshore decommissioning market in the UAE is primarily driven by the maturation of existing offshore oil and gas assets. As offshore platforms, pipelines, and other infrastructure age, they reach the end of their operational life, necessitating decommissioning. Environmental concerns and regulatory requirements play a crucial role in driving this market, as companies are obliged to safely and responsibly dismantle and remove obsolete structures. Furthermore, the UAE commitment to sustainable development and reducing its environmental footprint adds momentum to this market. As the country transitions towards cleaner energy sources, decommissioning activities become imperative to restore marine ecosystems and ensure the safe abandonment of obsolete offshore facilities.
The offshore decommissioning market in the UAE grapples with challenges related to regulatory compliance and environmental impact. Decommissioning offshore facilities requires adherence to strict regulations governing the proper disposal of equipment and materials. Balancing regulatory compliance with environmental considerations poses challenges for companies involved in decommissioning activities. Developing and implementing decommissioning strategies that align with environmental sustainability goals is crucial for navigating these challenges in the UAE.
The Offshore Decommissioning market in the UAE faced challenges during the COVID-19 pandemic, impacting platform removal, environmental remediation, and decommissioning planning. Project delays, regulatory uncertainties, and economic constraints initially affected market growth. However, the post-pandemic period witnessed increased focus on offshore decommissioning for sustainable and safe disposal of facilities. The market adapted by providing end-to-end decommissioning services, environmental impact assessments, and innovative dismantling technologies.
In the UAE Offshore Decommissioning market, key players such as Petrofac Limited and Lamprell plc have established themselves as significant contributors. Petrofac Limited, a leading international service provider to the energy industry, has played a crucial role in providing offshore decommissioning services for aging offshore infrastructure in the UAE. Lamprell plc, a provider of fabrication, engineering, and contracting services, has also significantly contributed to the Offshore Decommissioning market by offering decommissioning solutions for various applications in the UAE.
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 United Arab Emirates (UAE) Offshore Decommissioning Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Offshore Decommissioning Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Offshore Decommissioning Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume Share, By Service, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume Share, By Depth, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume Share, By Structure, 2021 & 2031F |
3.8 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume Share, By Removal, 2021 & 2031F |
4 United Arab Emirates (UAE) Offshore Decommissioning Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Offshore Decommissioning Market Trends |
6 United Arab Emirates (UAE) Offshore Decommissioning Market, By Types |
6.1 United Arab Emirates (UAE) Offshore Decommissioning Market, By Service |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Service, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Project management, engineering & planning, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Permitting & regulatory compliance, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Platform preparation, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Well plugging & abandonment, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Conductor removal, 2021-2031F |
6.1.8 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Mobilization & demobilization of derrick barges, 2021-2031F |
6.1.9 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Pipeline & power cable decommissioning, 2021-2031F |
6.1.10 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Pipeline & power cable decommissioning, 2021-2031F |
6.2 United Arab Emirates (UAE) Offshore Decommissioning Market, By Depth |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Shallow, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Deepwater, 2021-2031F |
6.3 United Arab Emirates (UAE) Offshore Decommissioning Market, By Structure |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Topsides, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Substructure, 2021-2031F |
6.4 United Arab Emirates (UAE) Offshore Decommissioning Market, By Removal |
6.4.1 Overview and Analysis |
6.4.2 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Leave in place, 2021-2031F |
6.4.3 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Partial, 2021-2031F |
6.4.4 United Arab Emirates (UAE) Offshore Decommissioning Market Revenues & Volume, By Complete, 2021-2031F |
7 United Arab Emirates (UAE) Offshore Decommissioning Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Offshore Decommissioning Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Offshore Decommissioning Market Imports from Major Countries |
8 United Arab Emirates (UAE) Offshore Decommissioning Market Key Performance Indicators |
9 United Arab Emirates (UAE) Offshore Decommissioning Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Offshore Decommissioning Market Opportunity Assessment, By Service, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Offshore Decommissioning Market Opportunity Assessment, By Depth, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Offshore Decommissioning Market Opportunity Assessment, By Structure, 2021 & 2031F |
9.4 United Arab Emirates (UAE) Offshore Decommissioning Market Opportunity Assessment, By Removal, 2021 & 2031F |
10 United Arab Emirates (UAE) Offshore Decommissioning Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Offshore Decommissioning Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Offshore Decommissioning Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |