The Mexico oil and gas decommissioning market size is projected to grow at a CAGR of 6.30% between 2026 and 2035. 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.
Base Year
Historical Period
Forecast Period
500 platforms and 2,700 oil wells are awaiting to be decommissioned in the Gulf of Mexico.
Decommissioning could cost over $30 billion of taxpayers’ money in the Gulf of Mexico.
Sustainability is expected to emerge as one of the key Mexico oil and gas decommissioning market trends.
Compound Annual Growth Rate
6.3%
2026-2035
*this image is indicative*
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.
Mexico Oil and Gas Decommissioning Market Report and Forecast 2026-2035 offers a detailed analysis of the market based on the following segments:
Market Breakup by Water Depth
Market Breakup by Region
The key operators in the Mexico oil and gas decommissioning market are:
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The market is projected to grow at a CAGR of 6.30% between 2026 and 2035.
The different segments considered in the market report are shallow water and deep water.
The major regions in the market include Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The key market players are Anadarko Petroleum Corporation, Apache Corporation, BP p.l.c., Chevron Corporation, and Exxon Mobil Corporation.
The major service players in the market report are Petrofac Limited, Intertek Group plc, Proserv Group Inc., Manson Construction Co., and Ardent, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Water Depth |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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