Ocean and water basically cover the major parts of our planet. To obtain the best utilization of the underlying resources on these parts of the Earth, people have made some research advancements. Specifically, the research on underwater wireless acoustic sensor networks (UWA-SNs) has made great progress. However, wide deployment of UWA-SNs is far from a reality due to several reasons. One important reason is that offshore deployment and field-level experiments of ocean-centric applications are both expensive and labor intensive. Other alternatives to attain this objective are to conduct simulation or experimentation that can reduce cost and accelerate the research activities and their outcomes. However, designing efficient and reliable simulation and experimentation platforms have proven to be more challenging beyond the expectation. In this article, we explore the main techniques (including their pros and cons) and components to develop simulation and experimentation platforms and provide a comprehensive survey report in this area. We classify simulation and experimentation platforms based on some typical criteria and then provide useful guidelines for researchers on choosing suitable platforms in accordance with their requirements. Finally, we address some open and un-resolved issues in this context and provide some suggestions on future research.