The offshore oil and gas decommissioning market 2013 2023

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The Offshore Oil and Gas Decommissioning Market 2013-2023

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Contents

1.1 Overview of the Global Offshore Oil and Gas Decommissioning Market

1.2 Benefits of this Report

1.3 Who is this Report For?

1.4 Methodology

1.5 The Global Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

1.6 The Regional Offshore Oil and Gas Decommissioning Markets Forecast 2013-2023

1.7 The Regional Offshore Oil and Gas Decommissioning Submarkets Forecast 2013-2023

2.1 History of the Global Offshore Oil and Gas Decommissioning Market

2.2 Stages in the Offshore Decommissioning Process

2.2.1 Project Planning and Permitting

2.2.2 Well Plugging and Abandonment (P&A)

2.2.3 Pipeline Cleaning and Decommissioning

2.2.4 Jacket and Topside Removal

2.2.5 Onshore Disposal

2.2.6 Site Clearance

2.2.7 Continued Monitoring

2.3 Global Regulations Regarding the Offshore Oil and Gas Decommissioning Industry

2.3.1 1958 Geneva Convention on the Continental Shelf

2.3.2 1972 London Dumping Convention

2.3.3 1982 United Nations (UN) Law of the Sea Convention

2.3.4 International Maritime Organization (IMO) Guidelines

2.4 Regional Regulations Regarding the Offshore Oil and Gas Decommissioning Industry

2.4.1 European Regulations

2.4.1.1 The Marine Strategy Framework Directive

2.4.1.2 The Oslo/Paris (OSPAR) Agreements

2.4.1.3 EU Water Framework Directive

2.4.1.4 EU Habitats and Birds Directives

2.4.2 United Kingdom Regulations

2.4.2.1 The Petroleum Act 1998

2.4.2.2 The Energy Act 2008

1. Executive Summary

2. Introduction to the Global Offshore Oil and Gas Decommissioning Market

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Contents 2.4.3 Norwegian Regulations

2.4.3.1 The Petroleum Activities Act 1996

2.4.3.2 The Pollution Control Act

2.4.4 North American Regulations

2.4.4.1 Notice to Lessees and Operators on “Idle Iron”

2.4.4.2 National Artificial Reef Plan

2.4.5 Asia-Pacific Regulations

3.1 The Location of Offshore Installations

3.2 Drivers and Restraints in the Global Offshore Oil and Gas Decommissioning Market

3.2.1 What are the Key Drivers in the Global Offshore Oil and Gas Decommissioning Market?

3.2.2 Key Restraints in the Global Offshore Oil and Gas Decommissioning Market

4.1 The Gulf of Mexico Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4.1.1 The Gulf of Mexico Offshore Oil and Gas Decommissioning Submarkets Forecast 2013-2023

4.1.2 What is the Structure of the Gulf of Mexico Offshore Oil and Gas Decommissioning Market?

4.1.3 The Drivers and Restraints in the Gulf of Mexico Offshore Oil and Gas Decommissioning Market

4.1.3.1 The Impact of Ageing Offshore Structures

4.1.3.2 How Strong Regulations Have Had a Role to Play in the Growth of the Offshore Decommissioning

Market in the Gulf of Mexico

4.1.3.3 Hurricane Damage

4.1.3.4 The Impact of Rigs-to-Reef

4.1.3.5 Has Experience and Skills Led to Market Growth in the Gulf of Mexico?

4.1.3.6 Growth of Unconventional Energy Resources – the Shale Oil and Gas Revolution

4.1.3.7 The Impact of Investments to Prolong the Life of the Fields

4.1.3.8 Permitting Process – Has this Prolonged the Offshore Decommissioning Procedure?

4.2 Other North American Oil and Gas Decommissioning Markets 2013-2023

4.2.1 Rest of North America Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4.2.2 The Californian Offshore Oil and Gas Decommissioning Market 2013-2023

4.2.2.1 California Offshore Oil and Gas Market and Offshore Structures

3. The Global Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4. The Regional Offshore Oil and Gas Decommissioning Markets Forecast 2013-2023

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Contents 4.2.2.2 Californian Offshore Oil and Gas Decommissioning History

4.2.3 The Alaskan Offshore Oil and Gas Decommissioning Market 2013-2023

4.2.3.1 Alaskan Offshore Oil and Gas Structures

4.2.3.2 Alaskan Offshore Oil and Gas Decommissioning History

4.3 The North Sea Offshore Oil and Gas Decommissioning Market 2013-2023

4.3.1 Characteristics of the North Sea Offshore Oil and Gas Decommissioning Market

4.3.2 Historical Trends in the North Sea Offshore Oil and Gas Decommissioning Market

4.3.3 The UK Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4.3.4 The UK Offshore Oil and Gas Decommissioning Submarkets Forecast 2013-2023

4.3.5 What is the Structure of the UK Offshore Oil and Gas Decommissioning Market?

4.3.6 When are Offshore Structures Going to be Decommissioned in the UK North Sea?

4.3.7 The Drivers and Restraints in the UK Offshore Oil and Gas Decommissioning Market

4.3.7.1 Ageing Offshore Structures

4.3.7.2 Large and Unique Structures will Drive Growth in the UK North Sea Offshore Decommissioning

Market

4.3.7.3 The Impact of Strong Regulations

4.3.7.4 Investments to Extend the Lifetime of Oil and Gas Fields Expected and the Impacts of the

Decommissioning Relief Deeds

4.3.7.5 How will Limited Experience and Skills Impact the UK Market?

4.3.7.6 Will a Lack of Equipment and Resources Restrain the UK Offshore Decommissioning Market?

4.3.7.7 The UK North Sea – High Tides and Harsh Winds

4.3.8 Recently Completed Offshore Decommissioning Projects in the UK North Sea

4.3.9 Current Offshore Decommissioning Projects in the UK North Sea

4.3.10 Future Offshore Decommissioning Projects in the UK North Sea

4.4 The Norwegian Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4.4.1 The Norwegian Offshore Oil and Gas Decommissioning Submarkets Forecast 2013-2023

4.4.2 The Norwegian Offshore Oil and Gas Decommissioning Market Structure

4.4.3 The Main Drivers and Restraints in the Norwegian Offshore Oil and Gas Decommissioning Market

4.4.3.1 Large, Ageing Offshore Structures

4.4.3.2 How Significant are Onshore Decommissioning Facilities?

4.4.3.3 Strong Regulations

4.4.3.4 Are More Investments to Prolong the Life of Fields Going to Impact the Norwegian Offshore

Decommissioning Market?

4.4.3.5 The Restrictions of Limited Experience

4.4.4 Offshore Decommissioning Projects in the Norwegian North Sea

4.5 Other North Sea Offshore Oil and Gas Decommissioning Markets

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Contents 4.5.1 Other North Sea Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4.5.2 The Dutch Offshore Oil and Gas Decommissioning Market

4.5.3 The Danish Offshore Oil and Gas Decommissioning Market

4.5.4 The German Offshore Oil and Gas Decommissioning Market

4.6 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4.6.1 Characteristics of the Asia-Pacific Offshore Oil and Gas Decommissioning Market

4.6.2 The Main Drivers and Restraints of the Asia-Pacific Offshore Oil and Gas Decommissioning Market

4.6.2.1 Substantial Number of Ageing Structures

4.6.2.2 What are the Decommissioning Conditions in Asia-Pacific?

4.6.2.3 The Limitations of Regulation

4.6.2.4 Is there a Potential for Rigs-to-Reef?

4.6.2.5 Lack of Training, Expertise, Equipment and Facilities

4.6.2.6 Deepwater Development and Increasing Production – an Obstruction to Offshore

Decommissioning?

4.6.2.7 NOC Control and Budgets

4.6.3 The Malaysia Offshore Oil and Gas Decommissioning Market

4.6.4 The Australian Offshore Oil and Gas Decommissioning Market

4.6.5 The Indonesian Offshore Oil and Gas Decommissioning Market

4.6.6 The Thai Offshore Oil and Gas Decommissioning Market

4.6.7 The Chinese Offshore Oil and Gas Decommissioning Market

4.6.8 The Japanese Offshore Oil and Gas Decommissioning Market

4.6.9 The Brunei Offshore Oil and Gas Decommissioning Market

4.7 The Rest of the World Offshore Oil and Gas Decommissioning Market Forecast 2013-2023

4.7.1 The Middle Eastern Oil and Gas Offshore Decommissioning Market

4.7.2 The Canadian Oil and Gas Offshore Decommissioning Market

4.7.3 The West African Oil and Gas Offshore Decommissioning Market

4.7.4 The South American Oil and Gas Offshore Decommissioning Market

5. PEST Analysis of the Global Offshore Oil and Gas Decommissioning Market 2013-2023

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Contents

6.1 Mactech Inc.

6.1.1 Mactech’s Role and Experience in the Offshore Decommissioning Industry

6.1.2 The Key Developments in the Global Offshore Decommissioning Industry

6.1.3 What are the Key Issues and Opportunities within the Offshore Decommissioning Industry?

6.1.4 The Growth of the Global Offshore Decommissioning Industry

6.1.5 The Importance of Legislation in the Offshore Decommissioning Industry

6.1.6 Technological and Project Developments in the Offshore Decommissioning Industry

6.1.7 A Focus on the Gulf of Mexico: Experience, Lessons Learned and Further Prospects

6.1.8 Issues with Deepwater Offshore Decommissioning

6.1.9 Offshore Decommissioning Developments in the North Sea

6.2 Eric Faulds Associates Ltd.

6.2.1 Eric Faulds Associates’ Role and Experience in the Offshore Decommissioning Industry

6.2.2 The Key Developments in the Global Offshore Decommissioning Industry

6.2.3 What are the Main Issues and Opportunities within the Offshore Decommissioning Industry?

6.2.4 A Focus on the North Sea: Timescales and Growth

6.2.5 How will Offshore Decommissioning Change in Other Sectors of the North Sea?

6.2.6 Environmental Issues with the North Sea

6.2.7 The Impact of Scottish Independence on North Sea Offshore Decommissioning

7.1 Oil and Gas Companies with Offshore Assets

7.1.1 Apache Corporation

7.1.2 BP

7.1.3 Canadian Natural Resources (CNR)

7.1.4 Chevron Corporation

7.1.5 ConocoPhillips

7.1.6 Eni

7.1.7 ExxonMobil Corporation

7.1.8 Petronas

7.1.9 PTTEP (Australasia)

7.1.10 Royal Dutch Shell

6. Expert Opinion

7. Leading Companies in the Offshore Oil and Gas Decommissioning Market

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Contents 7.1.11 Statoil

7.1.12 Total S.A.

7.2 Decommissioning Contractors

7.2.1 AF Gruppen (The AF Group)

7.2.2 Aker Solutions

7.2.3 Allseas Group

7.2.4 AMEC

7.2.5 Baker Hughes

7.2.6 Cal Dive International

7.2.7 Cutting Underwater Technologies (CUT)

7.2.8 Halliburton

7.2.9 Heerema Marine Contractors (HMC)

7.2.10 Mactech Inc

7.2.11 Mammoet Salvage

7.2.12 Oceaneering (Norse Cutting and Abandonment)

7.2.13 Pipeline Services International (PSI)

7.2.14 Proserv Offshore

7.2.15 Saipem

7.2.16 SapuraAcergy

7.2.17 Schlumberger

7.2.18 Stork Technical Services

7.2.19 Subsea 7

7.2.20 Technip

7.2.21 TETRA Technologies, Inc

7.2.22 Weatherford International

7.2.23 Wild Well Control

7.2.24 Wood Group

7.3 Decommissioning Consultancies

7.3.1 BMT Cordah

7.3.2 Bureau Veritas

7.3.3 Eric Faulds Associates Ltd.

7.3.4 Genesis Oil and Gas Consultants Ltd

7.3.5 Optimus

7.3.6 PB Consultants

7.3.7 Ramboll

7.3.8 Reverse Engineering Services, Ltd (REL)

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Contents 7.3.9 TSB Offshore

8.1 Outlook for the Global Offshore Oil and Gas Decommissioning Market

8.2 Drivers and Restraints in the Global Offshore

8.3 Regional Offshore Oil and Gas Decommissioning Market Forecasts 2013-2023

8.4 Offshore Oil and Gas Decommissioning Submarket Forecasts 2013-2023

8.5 Global Offshore Oil and Gas Decommissioning Market Summary

8. Conclusions

9. Glossary

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Contents

Table 1.1 Regional Offshore Oil and Gas Decommissioning Market Forecasts Summary 2013, 2018, 2023

($m), 2013-2023 CAGR (%)

Table 1.2 Regional Offshore Oil and Gas Decommissioning Submarket Forecasts Summary 2013, 2018, 2023

($m), 2013-2023 CAGR (%)

Table 3.1 Global Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($Bn, AGR %)

Table 3.2 Global Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023, 2013-2018

and 2018-2023

Table 3.3 Drivers in the Global Offshore Oil and Gas Decommissioning Market 2013-2023

Table 3.4 Restraints in the Global Offshore Oil and Gas Decommissioning Market 2013-2023

Table 4.1 Regional Offshore Oil and Gas Decommissioning Markets Forecast 2013-2023 ($m, AGR %)

Table 4.2 Regional Offshore Oil and Gas Decommissioning Markets Forecast CAGR (%) 2013-2023, 2013-

2018, and 2018-2023

Table 4.3 Regional Offshore Oil and Gas Decommissioning Markets Share Forecast 2013, 2018 and 2023 ($m,

%)

Table 4.4 Gulf of Mexico Offshore Oil and Gas Decommissioning Market Forecast Summary 2013, 2018 and

2023 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.5 Gulf of Mexico Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m, AGR %)

Table 4.6 Gulf of Mexico Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023,

2013-2018, and 2018-2023

Table 4.7 Gulf of Mexico Offshore Oil and Gas Decommissioning Well P&A Submarket Forecast 2013-2023

($m, AGR %)

Table 4.8 Gulf of Mexico Offshore Oil and Gas Decommissioning Well P&A Submarket Forecast CAGR (%)

2013-2023, 2013-2018, and 2018-2023

Table 4.9 Gulf of Mexico Offshore Oil and Gas Decommissioning Jacket and Topsides Removal Submarket

Forecast 2013-2023 ($m, AGR %)

Table 4.10 Gulf of Mexico Offshore Oil and Gas Decommissioning Jacket and Topsides Removal Submarket

Forecast CAGR (%) 2013-2023, 2013-2018, and 2018-2023

Table 4.11 Gulf of Mexico Offshore Oil and Gas Decommissioning Other Costs Submarket Forecast 2013-

2023 ($m, AGR %)

Table 4.12 Gulf of Mexico Offshore Oil and Gas Decommissioning Other Costs Submarket Forecast CAGR (%)

2013-2023, 2013-2018, and 2018-2023

Table 4.13 Drivers and Restraints in the Gulf of Mexico Offshore Oil and Gas Decommissioning Market 2013-

2023

List of Tables

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Contents Table 4.14 Rest of North America Offshore Oil and Gas Decommissioning Market Forecast Summary 2013,

2018 and 2023 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.15 Rest of North America Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m,

AGR %)

Table 4.16 Rest of North America Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-

2023, 2013-2018, and 2018-2023

Table 4.17 UK Offshore Oil and Gas Decommissioning Market Forecast Summary 2013, 2018 and 2023 ($m,

Rank, % Share, CAGR %, Cumulative)

Table 4.18 UK Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m, AGR %)

Table 4.19 UK Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023, 2013-2018,

and 2018-2023

Table 4.20 UK Offshore Oil and Gas Decommissioning Well P&A Submarket Forecast 2013-2023 ($m, AGR %)

Table 4.21 UK Offshore Oil and Gas Decommissioning Well P&A Submarket Forecast CAGR (%) 2013-2023,

2013-2018, and 2018-2023

Table 4.22 UK Offshore Oil and Gas Decommissioning Jacket and Topsides Removal Submarket Forecast

2013-2023 ($m, AGR %)

Table 4.23 UK Offshore Oil and Gas Decommissioning Jacket and Topsides Removal Submarket Forecast

CAGR (%) 2013-2023, 2013-2018, and 2018-2023

Table 4.24 UK Offshore Oil and Gas Decommissioning Other Costs Submarket Forecast 2013-2023 ($m, AGR

%)

Table 4.25 UK Offshore Oil and Gas Decommissioning Other Costs Submarket Forecast CAGR (%) 2013-2023,

2013-2018, and 2018-2023

Table 4.26 The Main Drivers and Restraints in the UK Offshore Oil and Gas Decommissioning Market 2013-

2023

Table 4.27 Recently Completed Projects in the UK North Sea (Area, Operator, Cost, Period)

Table 4.28 Current Contracts and Projects in the UK North Sea (Area, Operator, Estimated Costs, Estimated

Period)

Table 4.29 Structure Characteristics of the Brent Field

Table 4.30 Major Projects Considered for Decommissioning (Location, Operator, Status)

Table 4.31 Norwegian Offshore Oil and Gas Decommissioning Market Forecast Summary 2013, 2018 and


Table 4.32 Norwegian Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m, AGR %)

Table 4.33 Norwegian Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023, 2013-

2018, and 2018-2023

Table 4.34 Norwegian Offshore Oil and Gas Decommissioning Well P&A Submarket Forecast 2013-2023 ($m,

AGR %)

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Contents Table 4.35 Norwegian Offshore Oil and Gas Decommissioning Well P&A Submarket Forecast CAGR (%) 2013-

2023, 2013-2018, and 2018-2023

Table 4.36 Norwegian Offshore Oil and Gas Decommissioning Jacket and Topsides Removal Submarket

Forecast 2013-2023 ($m, AGR %)

Table 4.37 Norwegian Offshore Oil and Gas Decommissioning Jacket and Topsides Removal Submarket

Forecast CAGR (%) 2013-2023, 2013-2018, and 2018-2023

Table 4.38 Norwegian Offshore Oil and Gas Decommissioning Other Costs Submarket Forecast 2013-2023

($m, AGR %)

Table 4.39 Norwegian Offshore Oil and Gas Decommissioning Other Costs Submarket Forecast CAGR (%)

2013-2023, 2013-2018, and 2018-2023

Table 4.40 The Main Drivers and Restraints in the Norwegian Offshore Oil and Gas Decommissioning Market

2013-2023

Table 4.41 Rest of the North Sea Offshore Oil and Gas Decommissioning Market Forecast Summary 2013,

2018 and 2023 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.42 Rest of North Sea Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m, AGR,

%)

Table 4.43 Rest of North Sea Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023,

2013-2018 and 2018-2023

Table 4.44 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast Summary 2013, 2018 and


Table 4.45 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m, AGR %)

Table 4.46 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023, 2013-

2018 and 2018-2023

Table 4.47 Drivers and Restraints in the Asia-Pacific Offshore Oil and Gas Decommissioning Market 2013-

2023

Table 4.48 Examples of Malaysian Decommissioning Projects

Table 4.49 EOR Projects in Malaysia

Table 4.50 Rest of the World Offshore Oil and Gas Decommissioning Market Forecast Summary 2013, 2018

and 2023 ($m, Rank, % Share, CAGR %, Cumulative)

Table 4.51 Rest of the World Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m, AGR

%)

Table 4.52 Rest of the World Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023,

2013-2018 and 2018-2023

Table 5.1 PEST Analysis of the Global Offshore Oil and Gas Decommissioning Market 2013-2023

Table 8.1 Drivers and Restraints in the Global Offshore Oil and Gas Decommissioning Market 2013-2023

Table 8.2 Regional Offshore Oil and Gas Decommissioning Market Forecasts 2013-2023

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Contents Table 8.3 Regional Offshore Oil and Gas Decommissioning Submarket Forecasts Summary 2013, 2018,2023

($m), 2013-2023 CAGR (%)

Figure 2.1 Steps in the Offshore Decommissioning Process

Figure 2.2 Global Legislation Regarding the Offshore Oil and Gas Decommissioning Market

Figure 3.1 Global Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($bn)

Figure 3.2 Global Offshore Oil and Gas Decommissioning Market Annual Growth Rate Forecast 2013-2023

(%)

Figure 3.3 Global Distribution of Offshore Oil and Gas Installations (%)

Figure 4.1 Regional Offshore Oil and Gas Decommissioning Markets Forecast 2013-2023 ($m)

Figure 4.2 Regional Offshore Oil and Gas Decommissioning Markets CAGR (%) Forecast 2013-2023

Figure 4.3 Regional Offshore Oil and Gas Decommissioning Markets CAGR (%) Forecast 2013-2018 and

2018-2023

Figure 4.4 Regional Offshore Oil and Gas Decommissioning Markets Share Forecast 2013 (%)



Figure 4.7 Regional Offshore Oil and Gas Decommissioning Markets Share Change 2013-2023 (%)

Figure 4.8 Gulf of Mexico Offshore Oil and Gas Decommissioning Market Share Forecast 2013, 2018 and

2023 (% Share)

Figure 4.9 Gulf of Mexico Offshore Oil and Gas Decommissioning Markets Forecast 2013-2023 ($m)

Figure 4.10 Gulf of Mexico Offshore Oil and Gas Decommissioning Submarkets Forecast 2013-2023 ($m)

Figure 4.11 Location of Active Offshore Oil and Gas Platforms in the Gulf of Mexico

Figure 4.12 Crude Oil Production in the Gulf of Mexico, Offshore in PADD 5 and Onshore US 1981-2012

Figure 4.13 Rest of North America Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m)

Figure 4.14 Proved Crude Oil Reserves in California 1986-2011 (Million Barrels)

Figure 4.15 Installations Dates of Offshore Platforms in Alaska

Figure 4.16 North Sea Offshore Installations, by Country

Figure 4.17 UK Offshore Oil and Gas Decommissioning Market Share Forecast 2013, 2018 and 2023 (%

Share)

Figure 4.18 UK Offshore Oil and Gas Decommissioning Markets Forecast 2013-2023 ($m)

Figure 4.19 UK Offshore Oil and Gas Decommissioning Submarkets Forecast 2013-2023 ($m)

Figure 4.20 UK Total Crude Oil Production (1980-2023) and Proved Reserves (1980-2013)

Figure 4.21 Norwegian Offshore Oil and Gas Decommissioning Market Share Forecast 2013, 2018 and 2023

(% Share)

List of Figures

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Contents Figure 4.22 Norwegian Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m)

Figure 4.23 Norwegian Offshore Oil and Gas Decommissioning Submarkets Forecast 2013-2023 ($m)

Figure 4.24 Norwegian Total Oil Production (1980-2012), Proved Reserves (1980-2013) and Estimated

Petroleum Net Exports (1980-2012)

Figure 4.25 Rest of North Sea Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m)

Figure 4.26 Asia-Pacific Offshore Oil and Gas Decommissioning Market Share Forecast 2013, 2018 and 2023

(% Share)

Figure 4.27 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m)

Figure 4.28 Members of ASCOPE

Figure 4.29 Total Oil Production in Malaysia 1980-2012 (Thousand bpd)

Figure 4.30 Total Gas Production in Malaysia 1980-2011 (Billion Cubic Feet)

Figure 4.31 Total Oil Production and Estimated Net Exports in Indonesia 1980-2012 (Thousand bpd)

Figure 4.32 Natural Gas and Oil Proved Reserves in Thailand 1980-2013 (Trillion Cubic Feet, Billion Barrels)

Figure 4.33 Oil Production in Brunei 1980-2012 (Thousand bpd)

Figure 4.34 Rest of the World Offshore Oil and Gas Decommissioning Market Share Forecast 2013, 2018 and

2023 (% Share)

Figure 4.35 Rest of the World Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($m)

Figure 4.36 Nigerian Natural Gas Production 1980-2011 (bcf) and Proved Reserves 1989-2013 (tcf)

Figure 4.37 Nigerian Total Oil Production 1980-2012 (Thousand bpd) and Proved Reserves 1989-2013 (Billion

Barrels)

Figure 8.1 Global Offshore Oil and Gas Decommissioning Market Forecast 2013-2023 ($bn)

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Contents

AF Decom Offshore

AF Gruppen (The AF Group)

Aibel

Aker Solutions

Allseas Group

AMEC

Apache Corporation

Archer

Baker Hughes

BG Group

BHP Billiton

BMT Cordah

BMT Group Ltd.

BP

BP Nederland Energie

Bridge Energy UK Ltd

Brunei National Petroleum Company

Brunei Shell Petroleum

Bureau Veritas

Cal Dive

Canadian Natural Resources (CNR)

Canadian Natural Resources International (CNRI)

Chevron Corporation

China National Offshore Oil Corporation (CNOOC)

Clough Helix Joint Venture

ConocoPhillips

Cutting Underwater Technologies (CUT)

Daewoo Shipbuilding and Marine Engineering (DSME)

DeepOcean

Elf Norway

EMAS Energy

Encana

Endevour

Energy Resource Technology (ERT)

Energy Services Group

Companies Mentioned in This Report

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Contents Eni

Eni Hewett

Eni UK Ltd

EPIC Divers and Marine

Eric Faulds Associates Ltd.

Esso

Euronav

ExxonMobil Corporation

Forbes

FTSE

Gassco

Genesis

Global Industries

Halliburton

HAPO International

Heerema Marine Contractors (HMC)

Hess Limited

Hilcorp

IEV Holdings Limited

InterAct

Jee

JX Nippon Oil and Gas Exploration Corporation

Keppel Corporation

Kodeco

Lao State Fuel Corporation

Lutelandet Offshore

Lyngdal Recycling

Mactech Inc

Maersk Group

Mammoet

Mammoet Salvage

Marathon Oil Corporation

Marathon Oil UK, Ltd.

Maritech Resources

Mitsui

Mobil UK

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Contents Montco Offshore

Nippon Steel Engineering Co. Ltd.

Norse Cutting and Abandonment (NCA)

Oceaneering

Offshore Iwaki Petroleum Co., Ltd. (OIP)

Oil and Gas UK

Optimus

Overdick

PB Consultants

PDL Solutions Ltd.

Perenco UK

Pertamina

Petoro

Petrobras

Petrofac

Petronas

PetroVietnam

Philippine National Oil Company

Pipeline Services International (PSI)

Premier Oil

Proserv

Proserv Offshore

PTT Exploration and Production (PTTEP)

PTT Public Company Limited

PTTEP Australasia

Qedi

Ramboll

Repsol

Reverse Engineering Services, Ltd. (REL)

Royal Dutch Shell

Saipem

SapuraAcergy

SapuraKencana

SBM

Scanmet

Schlumberger

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Contents SeaMetric

Shell Global Solutions

Shell Malaysia

Shell UK

Shetland Decommissioning Company

Sinopec

Statoil

Stork Technical Services

Subsea 7

Swire Blue Ocean

Talisman Energy

Technip

TETRA Technologies, Inc

Total Norway

Total S.A.

TS Tecnospamec

TSB Offshore

Venture North Sea Oil Ltd

Versabar

Weatherford International

Wild Well Control

Wood Group

WorleyParsons

YPF

Alaskan Oil and Gas Conservation Committee (AOGCC)

Asean Council on Petroleum (ASCOPE)

Bureau of Ocean Energy Management (BOEM)

Bureau of Safety and Environmental Enforcement (BSEE)

Cambodian National Petroleum Authority

Decom North Sea

Department for Energy and Climate Change (DECC)

Energy Information Administration (EIA)

European Union (EU)

Government Agencies and Other Organisations Mentioned in This Report

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Contents Greenpeace

International Energy Agency (IEA)

International Maritime Organization (IMO)

Lerwick Port Authority

National Oceanic and Atmospheric Administration (NOAA)

National Offshore Petroleum Safety Environmental Management Authority (NOPSEMA)

Norwegian Ministry of Petroleum and Energy

Norwegian Petroleum Directorate

United Nations (UN)

University of Aberdeen

University of Stavanger

US Department of Commerce

US Department of Interior

US State Department

Page 91

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barr

els/

day)

Proved Reserves Total Oil Production Estimated Petroleum Net Exports

Visiongain expects an increase in EOR activities over the next decade, with Statoil likely to set up

pilot chemical EOR projects over the next few years. BP currently operates a miscible gas EOR

project at the Ula field. CO2 EOR is unlikely to be economically viable over the next decade

although small pilot projects may be set up. This may therefore impact growth in the offshore

decommissioning market in Norway.

4.4.3.5 The Restrictions of Limited Experience As is the case throughout the North Sea, the Norwegian sector has limited experience with

decommissioning. Although consents for production are expiring, very few decommissioning

projects have been undertaken. Experience can be shared from some large decommissioning

projects, such as Frigg, Ekofisk, Odin, Froy and TOGI, but skills, supply chain and experience is

still relatively immature, and as such will have a restraining impact over the Norwegian North Sea

offshore decommissioning market in the coming years.

Figure 4.24 Norwegian Total Oil Production (1980-2012), Proved Reserves (1980-

2013) and Estimated Petroleum Net Exports (1980-2012)

Source: EIA, 2013

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2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

$m 388 404 436 479 537 617 722 867 1,040 1,238 1,436 1,651

AGR (%) 4.0 8.0 10.0 12.0 15.0 17.0 20.0 20.0 19.0 16.0 15.0

2013-2023 2013-2018 2018-2023

CAGR (%) 15.1 12.4 18.0

Table 4.45 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast 2013-

2023 ($m, AGR %)

Table 4.46 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast CAGR (%) 2013-2023, 2013-2018, and 2018-2023

Figure 4.27 Asia-Pacific Offshore Oil and Gas Decommissioning Market Forecast 2013-

2023 ($m)

Source: Visiongain 2013


0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

$m

Year


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6. Expert Opinion

6.1 Mactech Inc. Mactech Inc. is a market leader in on-site machining services as well as being a specialist in

offshore decommissioning and supplier of the machinery required for these tough environments.

Visiongain spoke to Mr. Wittenbraker in October 2013 and thanks him for his contribution to the

report.

6.1.1 Mactech’s Role and Experience in the Offshore Decommissioning

Industry

Visiongain: Can you tell me about Mactech, Inc. and your role in the offshore decommissioning

industry?

Joel Wittenbraker: Mactech, Inc. dates back to the mid 1970’s and since the 1980’s we have

been designing and building speciality in-situ machine tools and portable machine apparatus.

Additionally we repair and dismantle the products, principally on land. Our role in the offshore

decommissioning business is as tools specialists. Organisations that knew of our products for

cutting pipe approached us post-Hurricane Katrina to see if we could help bring some tools to the

market in order to complete some of the subsea decommissioning and abandonment work and if

we could take an active view of improving some of the tools and methodologies that were being

used. That was around six to nine months after Hurricane Katrina, as the hurricane recovery work

was really starting to take hold.

Visiongain: Predominantly, where are your clients and projects based?

Joel Wittenbraker: Most of our work, historically, has been in the Gulf of Mexico and most of our

customer base is there. They are either owners of the development land and production platforms

or contractors - the service teams who have a contract to take out a structure. But that is not to say

we have not worked in a lot more places. We have been invited to Norway, we have been to

Nigeria and the Middle East a couple of times, and we have quite a bit of activity brewing in

Australia and South East Asia. Most of our work in those regions has been obtained through our

relationships with contractors or specialists in the Gulf of Mexico market. Together we are being

called to deal with a situation somewhere else in the world.

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7. Leading Companies in the Offshore Oil and Gas

Decommissioning Market There are hundreds of companies who either possess offshore oil and gas assets that will need to

be decommissioned over the next decade, or who provide consultancy, engineering and other

services to the decommissioning industry. Therefore, the following list of companies is by no

means exhaustive. Companies have been broken down into three groups: oil and gas companies

with offshore assets; decommissioning contractors; and decommissioning consultancies.

7.1 Oil and Gas Companies with Offshore Assets The following is a list of major energy companies with oil and gas assets in the Gulf of Mexico,

North Sea and Asia-Pacific regions who are likely to carry out decommissioning projects over the

next ten years.

7.1.1 Apache Corporation Headquarters: Houston, Texas, US

Apache Corporation is an American independent oil and gas corporation with regional offices and

operations in the United States, Argentina, Australia, Canada, Egypt and UK North Sea. The

company has 57 years of experience in the oil and gas industry and today employs around 5,300

people.

The company owns a number of assets in the Gulf of Mexico that have been idle for five years or

more and therefore has to decommission these assets in accordance with the Idle Iron NTL of

2010. They are thought to be one of the largest spenders on offshore decommissioning in the Gulf

of Mexico. The company also has offshore assets in the North Sea and the Asia-Pacific region that

will likely be decommissioned over the next ten years. In 2011 Apache carried out a

decommissioning project at the Legendre field off the west coast of Australia.

7.1.2 BP Headquarters: London, UK

BP is a global oil and gas company headquartered in London, UK, and is one of the six energy

supermajors. The company employs almost 86,000 people around the world.

The offshore oil and gas decommissioning market 2013 2023

Education

uk offshore

global offshore

norwegian

pacific offshore

regional offshore

world offshore

mexico offshore

offshore decommissioning