table of contents

• Copyright Trygve/AdobeStock

  SOV/CSOV Through 2030: Oversupply and Market Volatility

  There has been much interest in the Service Operation Vessel (SOV) and Commissioning Service Operation Vessel (CSOV) segment in recent years. As a consequence of this interest, the combined SOV and CSOV fleet will almost double in size from the end of 2024 to 2028, a rapid expansion that is creating both opportunities and risks.

  By Philip Lewis, Research Director Intelatus Global Partners

• Photo: Island Offshore/Droneinfo

  In OSVs, All Asset Segments are Not Created Equal

  As the offshore market cycle continues to progress, we see large differences across asset segments.

  By Theodor Sørlie, Senior Analyst, Fearnley Offshore Supply AS

• Source: Welligence Energy Analitycs and DESNZ

  Cancelling Jackdaw and Rosebank will Increase UK Emissions

  By Fernando Tamayo, Emissions team lead, Welligence Energy Analytics

• Copyright Wolfborn Indiearts/AdobeStock

  FPSO Market 2025: Demand Steady, Prices Soar

  As a leading classification society for Floating Production Storage and Offloading vessels (FPSOs), the American Bureau of Shipping knows a thing or two about the trends driving future generation of these mammoth, capital-intensive units. Offshore Engineer was in Houston last month and met with Matt Tremblay, Vice President, Global Offshore at ABS, for his insights on drivers for the market in 2025 and beyond, from new designs to digitalization’s evolving role in maintenance.

• Image courtesy OKEA

  Scaling ‘AI’ Offshore

  Production-well serial data ticking in from electronically tagged downhole tools are now sorted, algorithmically, and in near real-time. While some are still testing AI’s backend (programming and hardware) and front-end (user controls and contextualized data) — without committing — operators in Norway are AI early adapters. Their engineer comms are already neural, just as young data scientists flush out the flaws, losses and some of the complexity in well tests.

  By William Stoichevski

• Image courtesy TGS

  CCS Delivers Surprise and Uncertainty

  There’s two problems that demonstrate the immaturity of CCS: the physics for predicting CO2 behavior isn’t perfect, neither are the 4D seismic strategies required to make up for it.

  By Wendy Laursen

• Image courtesy Kongsberg Discovery

  Technology Update: Sub-Bottom Profilers

  Sub-bottom profilers are tracking offshore wind into deeper water, but there’s other opportunities too that are driving the latest developments.

  By Wendy Laursen

• Image courtesy iStock / Getty Images

  Maximize Offshore Energy Assets Lifespan

  Learn how specialized coatings can extend assets and maintain operations

  By Anurag Raj, PPG Customer Sustainability Business Partner, Protective and Marine Coatings

• Image courtesy Cogbill Construction

  Offshore Pipe Corrosion Protection: The RedLineIPS SmartPad System

  The maritime and offshore sectors face unique challenges with Corrosion Under Pipe Supports (CUPS). The RedLineIPS SmartPad System, developed by Cogbill Construction is a patent-pending solution designed specifically for offshore and coastal facilities.

  By Hani Almufti

• Credit: SMD

  ROVs: Systems & Products

• Source: Wood Mackenzie Lens Direct

  By the Numbers: Discoveries & Reserves

• Source: Wood Mackenzie Offshore Rig Tracker

  By the numbers: RIGS