contents

• Copyright Björn Wylezich/AdobeStock

  The case for OSV Newbuilds

  Is the market ready for newbuild orders again?

  By Jesper Skjong, market analyst, Fearnley Offshore Supply

• Photo courtesy MacGregor

  Rig Scrapping Lowest in Years as Recovery Intensifies

  By Teresa Wilkie, Director – RigLogix, Westwood Global Energy Group

• Image courtesy Welligence Energy Analytics

  Sub-Saharan Africa FLNG

  Uniquely Positioned to meet European LNG Demand

  By Obo Idornigie, VP for Upstream Research, Welligence Energy Analytics

• Copyright SweetBunFactory/AdobeStock

  Floating Wind is the Future

  $3 billion forecast to be invested in new anchor handlers to meet floating wind demand.

  By Philip Lewis, Research Director, Intelatus Global Partners

• Copyright alpegor/AdobeStock

  WTIV Boom Looms

  Up to $8bn forecast to be invested in new wind turbine and foundation installation vessels to meet offshore wind demand I the international segment

  By Philip Lewis, Research Director, Intelatus Global Partners

• Copyright artjazz/AdobeStock

  Baltic Sea Preps for Surge in Offshore Wind Project Activity

  The Baltic Sea area offers the countries of the region (Poland, Estonia, Lithuania, Latvia, Finland, Sweden, Denmark and Germany) a large generation potential for offshore wind energy. The European Commission identifies the potential of the Baltic Sea for the installation of 93.5 GW of offshore wind farms, but this figure may be an underestimate.

  By Tomasz Laskowicz, Research Analyst, Intelatus Global Partners

• Floating Production: Opportunities … & Challenges … Abound

  2022 was a banner year for the Floating Production sector, and ’23 is shaping up even better, with IMA/WER projecting orders for 9 to 11 FPSOs, a few FLNGs and a handful of FSRUs, too. But while prospects are bright, a number of hurdles – from a dearth of qualified contractors to the energy transition to heightened environmental regulation – could put the sector back on ice.

  By Greg Trauthwein

• Source: ABS; Copyright SBM Offshore

  Reducing CO2 emissions from FPSOs

  Gas turbines used to be the obvious choice for powering FPSOs, not any more.

  By Wendy Laursen

• Photo by Bartolomej Tomić

  Horisont Energi: The North Star of Offshore Carbon Capture and Storage

  Carbon capture and storage has been described as one of the critical technologies for slowing down global warming, and one company in Norway is set to act as the “North Star“ and lead the way in this effort.

  By Bartolomej Tomic, Managing Editor, OEDigital.com

• Photo courtesy Bernhard Schulte Offshore /Matthias Giebichenstein

  Retrofits Could Accelerate U.S. Offshore Wind Development

  The US Administration’s strategy to fast-track offshore wind development is exciting for overseas shipbuilders and service providers in the field. Joint ventures meeting Jones Act requirements will support accelerating development. Some question, however, whether ambitious 2030 targets can actually be achieved.

  By Paul Bartlett

• Image courtesy Nauticus

  Aquanauts, Hydronauts, roll out!

  Houston-based Nauticus Robotics’ first production Aquanauts and Hydronauts will head into the wild and closer to full commercialization this year, with testing planned in Norway and in the Gulf of Mexico. Founder and CEO Nicolaus Radford discusses the past few busy years for the tech start-up.

  By Elaine Maslin

• ©Saab Seaeye

  The Rise of Electric Work Class ROVs

  In this article, we look closely at the latest developments in the work class ROV space. Based on what we’ve gathered, the future is increasingly electric.

  By Bartolomej Tomic

• Photo courtesy Well-Safe Solutions

  SIMOPS & the Schooner Platform Decommissioning

  A summary of the operational benefits of SIMOPS – as seen during the Schooner platform decommissioning campaign.

  By Drew Duncan, Senior Well Abandonment Engineer, Well-Safe Solutions

• Photo courtesy MacGregor

  Digital Twin

  With equipment installed on the equivalent of every other ship at sea, MacGregor’s marine and offshore ambitions to exploit digital twin technology at scale are as achievable as they are understandable.

• By the Numbers: Discoveries & Reserves

• By the numbers: RIGS

• By the Numbers: OSV Market