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This report examines the current market, regional trends and how the energy transition will shape the Gulf of Mexico well intervention market in 2023, including:

THE CURRENT MARKET: Understand the effects of the oil price, energy demand and how the focus on renewable energy impacts investment into the well intervention market in the short, medium and long term

PROJECTS & INVESTMENTS: Gain an overview of the latest operator projects and investments, including BP successfully starting oil production at its Argos offshore platform, to determine the stability of the GOM well intervention market

DECOMISSIONING & AGEING INFRASTRUCTURE: Access an updated outline of BSEE and BOEM’s regulations regarding operator’s end of life obligations including proposed changes to modernize financial assurance requirements

PROJECTION OF TYPES OF WELL INTERVENTION: Analyse the well intervention service expenditure for 2023, with a spotlight on suppliers including C-Innovation and Helix, and gain a detailed projection on the forecasted demand for applications

CARBON CAPTURE STORAGE: Explore the current CCS market in the GOM with a view of BSEE and BOEM’s predictions, alongside an overview of current political influences, to understand why activity is expected to increase in the coming years