Market Size of Netherlands Offshore Oil and Gas Decommissioning Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.50 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Netherlands Offshore Oil And Gas Decommissioning Market Analysis
The Netherlands offshore oil and gas decommissioning market is expected to register a CAGR of more than 4.5% during the forecast period. The market was negatively impacted by the outbreak of COVID-19. Currently, the market has rebounded to pre-pandemic levels.
- Factors such as attractive government policies towards renewable energy and aging offshore infrastructure are expected to drive the Netherlands offshore oil and gas decommissioning market.
- However, decreased capital expenditure in the oil and gas industry is expected to have a negative impact on the Netherlands' offshore oil and gas decommissioning market.
- The Dutch government has planned to achieve zero carbon emissions by 2050, which is likely to promote oil and gas decommissioning. This is likely to create several opportunities for the Netherlands' offshore oil and gas decommissioning market in the future.
