Image courtesy Port of Corpus Christi

table of contents

  • DMT Marine Equipment - 25 Years of Building More Than Deck Equipment

    From a six-person office to a team of over 500 professionals and 3,500 vessels equipped.

  • ©wanfahmy / Adobe Stock

    Tight Supply Drives Surge in High-End AHTS Dayrates

    With one year since the last AHTS report, we have now started to see the effects of a tightening supply-demand balance as earlier predicted, which has translated into a significant uptick in the North Sea spot market especially.

    by Aleksander Gussøy Paulsen, Market Analyst at Fearnley Offshore Supply

  • ©Jan / Adobe Stock

    Middle East Conflict Jolts Offshore Drilling Market

    Conflict between Iran, The United States, Israel and allies throughout the Gulf region has had an immediate effect on the oil and gas industry, both upstream and downstream. Drone and missile attacks have damaged refineries and as of mid-April 2026, blockades in the Strait of Hormuz have severely restricted the flow of oil into the global market. The war has also affected drilling in the area.

    by Matthew Donovan is Head of Rig Market Research at Esgian

  • ©ExxonMobil

    Deepwater’s Playbook for Delivering Growth

    Deepwater production continues to remain a core part of the long-term energy supply mix. While production from conventional onshore and shallow-water assets is expected to remain broadly flat under our base case, Welligence estimates that global deepwater oil production will grow from its current level of around 8 million bbl/d to close to 10 million bbl/d by the early-2030s.

    by Gordon Hardie, Head of Sub-Saharan Africa Research at Welligence

  • Copyright Sergii Figurnyi/AdobeStock

    Wind Turbine Installation Vessels

    The changing global bottom-fixed offshore wind turbine and foundation installation market.

    by Philip Lewis, Research Director, Intelatus Global Partners

  • ©UD Family / Adobe Stock

    Ocean Minerals Are Becoming a Real US Opportunity

    Momentum around critical minerals in Washington is no longer hypothetical. Policymakers are now focused on practical steps to expand domestic access to the raw materials that underpin national security, advanced manufacturing, and modern energy systems. Ocean minerals are front and center of this conversation and the offshore industry is prepared to play a central role.

    by Erik Milito, President of National Ocean Industries Association (NOIA)

  • Gulf NOCs and MODU Operators Look to Contractual Resilience to Ride Out Disruption

    Continued idling of assets should the conflict persist would see wider MODU market tightening as drillers and NOCs manage capacity.

    by Todd Jensen, Associate Director, MSI

  • Copyright Mike Mareen/AdobeStock

    Floating Wind & Deepwater Oil & Gas – Two Worlds Collide

    Over the last few years, the energy trilemma has pivoted away from energy transition to energy security and affordability. As a result, offshore oil & gas exploration and production activity, including deepwater activity, has been relatively healthy.

    by Philip Lewis, Research Director, Intelatus Global Partners

  • Photo credit: Josefine Spiro

    Maritime Industry Pioneer Per Sævik: "I Hope to Be Remembered as a Decent Man"

    Per Sævik has steered his business empire through deep crises and spectacular triumphs. Now he is preparing for perhaps his greatest challenge yet. Retirement.

    by Josefine Spiro

  • Image Courtesy Port of Corpus Christi

    Port of Corpus Christi:

    Deep Water, Big Energy, and a Playbook for the Next Era of U.S. Exports

    by Greg Trauthwein

  • Image courtesy HOS

    A Measured Recovery for the OSV Market

    by Barry Parker

  • ©raland / Adobe Stock

    Powering Happiness - How Vaasa’s Energy Cluster Drives Finland’s Global Reach

    Finland’s status as the world’s happiest country has become almost routine. The nation once again ranked first in the 2026 World Happiness Report, extending a streak that dates back to 2018. Yet in Vaasa, on Finland’s west coast, that title feels less like a branding exercise and more like a by-product of something deeper - a tightly integrated industrial ecosystem built around energy innovation.

    by Amir Garanovic, Managing Editor at Offshore Engineer Magazine

  • ©Creative mind / Adobe Stock

    Hard-to-Abate Reality Check: DNV on CCS Growth, Costs, and the Policy Gap

    DNV’s latest Energy Transition Outlook for Carbon Capture and Storage (CCS) characterizes 2025 as a critical year for CCS, highlighting that global capture and storage capacity has reached a turning point, driven by near-term expansion in North America and Europe. For Jamie Burrows, Global Segment Lead, Carbon Capture, Utilization, and Storage (CCUS) at DNV and one of the report’s authors, the central issue is no longer whether CCS has a role in the energy transition - it is whether the industry can deploy it at sufficient speed, in the right sectors, under the right policy frameworks.

    by Amir Garanovic, Managing Editor at Offshore Engineer Magazine

  • ©SemangArt / Adobe STock

    Technology as Enabler of Energy Security in Offshore Asia

    In recent years, Asia’s offshore sector has regained strategic importance, as operators pursue new upstream opportunities while governments seek to strengthen domestic and regional energy security. Ongoing geopolitical developments and potential exposure to supply disruptions have sharpened focus on the role offshore projects can play in delivering resilient energy supply. In this context, technology is becoming a critical enabler of execution certainty, reliability and long-term system resilience.

    by Khaleef Khan, Vice President, Offshore Solutions, Energy Industries, Asia

  • Image courtesy Aquaterra Energy

    Intervention, Not Exploration

    How Jack-ups Help Unlock Value

    by Ben Cannell, Innovation Director at Aquaterra Energy

  • ©Odfjell Technology

    Well Decommissioning Expanding Horizons for Innovators with Proven Experience

    The changing shape of the oil and gas landscape presents both an opportunity and a challenge for well decommissioning. Well decommissioning, particularly the safe execution of plug and abandonment (P&A) operations, represents a significant opportunity for companies capable of managing and permanently securing late-life wells. For operators, it is no longer simply an end-of-life obligation, but a complex engineering challenge requiring the right combination of technology, experience and operational capability.

    by Eirik Enerstvedt, PLM Remedial and Abandonment Services with Odfjell Technology

  • ©Halliburton

    Products and Technology

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New Wave Media · Offshore Engineer E-mag 2026-03
March - April 2026
ABS

Offshore Engineer, March - April 2026 Volume 51, Number 2

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