Offshore Decommissioning Market Set To Experience Revolutionary Growth Till 2029

Surge in demand for oil & gas is predicted to boost the growth of the global offshore decommissioning market over the following couple of years.

PORTLAND, OREGON, UNITED STATES, August 2, 2022 /EINPresswire.com/ — The demand within the global offshore decommissioning market is predicted to increase due to growing awareness of mature oil & gas fields and aging offshore systems, especially in shallow water. The decline in manufacturing of crude oil or natural gas from manufacturing well is the major factor leading to decommissioning an oil field. The regulatory bodies have set up legal guidelines for offshore oil & gas operations in respective countries that positively impact the growth of the market over the forecast period.

News article on 03 August 2022 by Allied Analytics LLP from einnews.com


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