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backlogs, order intake last year took a

Asset Management System hit. “We are expecting to come back to

Software that allows you to easily track 300 trees by 2022,” however, he says.

But after dropping back to 140, can 300 and manage your marine and land assets be delivered and what will the impact be and should operators be concerned about

Key features: capacity, asks Bjørvik. • Customisable attributes

He also says the future is likely to be dominated by scaled down and phased de- • Interactive map velopments. “We see operators being fo- Built in API • cused on scaled down, phased and accel- erated developments,” he says, which is • Cloud Based

ASSET

MANAGEMENT likely to be positive for the subsea tieback Easily integrated • market. At the same time, we’re likely to with other systems be moving towards the end of an era when • Works with your GIS it comes to mega-projects, he says. While there are a couple on the near-term hori- ENC production compliant • zon, such as Equinor’s Wisting and Bay Best practice methods built-in • du Nord projects, it’s otherwise hard to identify many mega-projects in the longer

For your FREE DEMO contact: term, says Bjørvik.

For Beveridge, there’s some positivity in [email protected] or +44 (0)1420 768 262 the North Sea, with newer operators in the

Watch the demo at: www.oceanwise.eu/software basin, although there is a ‘but’. “I’m not negative about the North Sea, I think it’s reinventing itself again,” he says. “These new operators coming in are investing for the long term; they have clear strategies, access to capital and plans to develop their assets, as long as they have a license to op- erate and that that’s not taken away.”

While there are fewer private equity in- vestors wanting to plough money in, there are still investment themes, around well decommissioning, brown? eld and subsea

IRM, robotics, AI, software and emissions analysis and reduction, he says.

Tellingly, an increasing focus at Sim- mons is in another sector; offshore wind.

Floating offshore wind, speci? cally, is an incredibly exciting prize, says Beveridge. “The links between subsea oil and gas and ? oating wind are really quite pro- nounced,” he says. “You have massive know how sitting in our industry in areas like electric systems, cabling, mooring, ? oating infrastructure, repair and IRM of dynamic structures, that positions our industry incredibly well to capitalize on ? oating wind.” Time will tell, but the world does appear to be heading in one direction – the question is how quickly it will get there. – Elaine Maslin www.marinetechnologynews.com 21

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