The Mexico oil and gas decommissioning market size is projected to grow at a CAGR of 6.30% between 2025 and 2034. The market is being aided by the growing trend of sustainability and the rising awareness regarding environmental impact posed by oil and gas infrastructure in oceans.
The potential environmental threats posed by oil and gas infrastructure in oceans are gaining widespread concern in Mexico. This is because accidental oil spills caused by corrosion of abandoned pipelines during storms can damage the aquatic ecosystem badly and choke marine life badly, thereby affecting the livelihood of coastal fishermen directly.
Methane emissions from unplugged oil wells can contribute to an increase in greenhouse gas emissions and accelerate the rate of climate change, thereby increasing the risk of natural disasters. The strengthening of legal regulations related to the decommissioning of oil projects is expected to drive the Mexico oil and gas decommissioning market expansion in the coming years.
Ensuring sustainability while decommissioning oil and gas infrastructure is a critical component of the overall operations of the oil and gas industry. Various assets utilised for energy extraction, including helidecks and GT power generators, can be repurposed/recycled or used in a hydrogen production facility. This can minimise the volume of waste generated from industrial operations to just 2%.
Moreover, some ageing infrastructures have become artificial reefs supporting the local marine biodiversity, which is prompting ocean conservation organisations to encourage oil and gas explorers to relocate steel jackets in a sustainable manner onto the seabed. This is expected to drive the Mexico oil and gas decommissioning market development in the forecast period.
Market Segmentation
Mexico Oil and Gas Decommissioning Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Water Depth
Shallow Water
Deep Water
Market Breakup by Region
Baja California
Northern Mexico
The Bajío
Central Mexico
Pacific Coast
Yucatan Peninsula
Competitive Landscape
The key operators in the Mexico oil and gas decommissioning market are:
Anadarko Petroleum Corporation
Apache Corporation
BP p.l.c.
Chevron Corporation
Exxon Mobil Corporation
Petrofac Limited
Intertek Group plc
Proserv Group Inc.
Manson Construction Co.
Ardent
Others
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Regions
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Mexico Oil and Gas Decommissioning Market Overview
- 5.1 Key Industry Highlights
- 5.2 Mexico Oil and Gas Decommissioning Historical Market (2018-2024)
- 5.3 Mexico Oil and Gas Decommissioning Market Forecast (2025-2034)
- 6 Mexico Oil and Gas Decommissioning Market by Water Depth
- 6.1 Shallow Water
- 6.1.1 Historical Trend (2018-2024)
- 6.1.2 Forecast Trend (2025-2034)
- 6.2 Deep Water
- 6.2.1 Historical Trend (2018-2024)
- 6.2.2 Forecast Trend (2025-2034)
- 7 Mexico Oil and Gas Decommissioning Market by Region
- 7.1 Baja California
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Northern Mexico
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 The Bajío
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 Central Mexico
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 7.5 Pacific Coast
- 7.5.1 Historical Trend (2018-2024)
- 7.5.2 Forecast Trend (2025-2034)
- 7.6 Yucatan Peninsula
- 7.6.1 Historical Trend (2018-2024)
- 7.6.2 Forecast Trend (2025-2034)
- 8 Market Dynamics
- 8.1 SWOT Analysis
- 8.1.1 Strengths
- 8.1.2 Weaknesses
- 8.1.3 Opportunities
- 8.1.4 Threats
- 8.2 Porter’s Five Forces Analysis
- 8.2.1 Supplier’s Power
- 8.2.2 Buyers Powers
- 8.2.3 Threat of New Entrants
- 8.2.4 Degree of Rivalry
- 8.2.5 Threat of Substitutes
- 8.3 Key Indicators for Demand
- 8.4 Key Indicators for Price
- 9 Competitive Landscape
- 9.1 Supplier Selection
- 9.2 Key Global Players
- 9.3 Key Regional Players
- 9.4 Key Player Strategies
- 9.5 Company Profiles
- 9.5.1 Anadarko Petroleum Corporation
- 9.5.1.1 Company Overview
- 9.5.1.2 Product Portfolio
- 9.5.1.3 Demographic Reach and Achievements
- 9.5.1.4 Certifications
- 9.5.2 Apache Corporation
- 9.5.2.1 Company Overview
- 9.5.2.2 Product Portfolio
- 9.5.2.3 Demographic Reach and Achievements
- 9.5.2.4 Certifications
- 9.5.3 BP p.l.c.
- 9.5.3.1 Company Overview
- 9.5.3.2 Product Portfolio
- 9.5.3.3 Demographic Reach and Achievements
- 9.5.3.4 Certifications
- 9.5.4 Chevron Corporation
- 9.5.4.1 Company Overview
- 9.5.4.2 Product Portfolio
- 9.5.4.3 Demographic Reach and Achievements
- 9.5.4.4 Certifications
- 9.5.5 Exxon Mobil Corporation
- 9.5.5.1 Company Overview
- 9.5.5.2 Product Portfolio
- 9.5.5.3 Demographic Reach and Achievements
- 9.5.5.4 Certifications
- 9.6 Service Companies
- 9.6.1 Petrofac Limited
- 9.6.1.1 Company Overview
- 9.6.1.2 Product Portfolio
- 9.6.1.3 Demographic Reach and Achievements
- 9.6.1.4 Certifications
- 9.6.2 Intertek Group plc
- 9.6.2.1 Company Overview
- 9.6.2.2 Product Portfolio
- 9.6.2.3 Demographic Reach and Achievements
- 9.6.2.4 Certifications
- 9.6.3 Proserv Group Inc.
- 9.6.3.1 Company Overview
- 9.6.3.2 Product Portfolio
- 9.6.3.3 Demographic Reach and Achievements
- 9.6.3.4 Certifications
- 9.6.4 Manson Construction Co.
- 9.6.4.1 Company Overview
- 9.6.4.2 Product Portfolio
- 9.6.4.3 Demographic Reach and Achievements
- 9.6.4.4 Certifications
- 9.6.5 Ardent
- 9.6.5.1 Company Overview
- 9.6.5.2 Product Portfolio
- 9.6.5.3 Demographic Reach and Achievements
- 9.6.5.4 Certifications
- 9.6.6 Others
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