Page 4: of Offshore Engineer Magazine (Mar/Apr 2024)

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EDITOR’S LETTER

Geopolitical tensions are at a fever pitch, with Russia’s war in the Ukraine, fghting in the Middle East that seems primed to boil over across the re- gion, and the deepening rift between the East and the West that is re-writing decades-long economic partnerships and trading routes. But in reality, it is business as usual, as a read on human history suggests global power Vol. 49 No. 2 struggles are the norm, not the exception. At the center of it all is energy:

ISSN 0305-876x USPS# 017-058 who produces, transports and consumes it – reliable, bountiful energy is the grease that keeps the global economy chugging along. Anyone with 118 East 25th Street, any tenure in the energy business is well-accustomed to the peaks and

New York, NY 10010 valleys that defne it. Oil and gas today has risen again to the top, and tel: (212) 477-6700; fax: (212) 254-6271 despite the political push for ‘clean and green’, the fact remains that O&G www.OEDigital.com is the reliable and bountiful energy source for decades to come, and in the offshore business that means a dive into deeper waters.

EDITORIAL

GREGORY R. TRAUTHWEIN

Barry Parker examines the trend, citing a recent Rystad Energy note

Editor & Publisher that upstream oil majors are diving into deeper waters. “Despite tightened

AMIR GARANOVIC budgets, frontier drilling is fueling optimism for a productive year, particu-

Managing Editor [email protected] larly deepwater projects in the Atlantic Margin, Eastern Mediterranean and

Asia.” Rystad analysts predict approximately 50 more deepwater and ultra-

BARRY PARKER, New York

WENDY LAURSEN, Australia deepwater exploratory wells this year compared to 2023, and in this edition

Parker reports on the companies, the vessels and the technologies that are

PRODUCTION / GRAPHIC DESIGN poised to get it done.

NICOLE VENTIMIGLIA

That said, the push to lower emissions is real, it’s here and it’s going to get [email protected] ever more restrictive. We follow closely the early movers in the sector that are

SALES making strides toward emissions reduction and energy effciency, and in this

TERRY BREESE, VP Sales +1 (561) 732-1185 | [email protected] edition, Wendy Laursen takes a deep dive into energy storage on oil and gas platforms, technologies that not only help save fuel, but offer a wide palette

JOHN CAGNI [email protected] | +1 631-472-2715 of safety benefts to an industry obsessed with safety.

FRANK COVELLA

On the green side too is the offshore wind industry, a sector initially [email protected] | +1 561-732-1659 welcomed with disdain and distance by traditional O&G players, now gain-

TRICIA GARRETT ing acceptance as the potential synergies and business opportunities present [email protected] | Tel: +1 516-441-7254 themselves. While offshore wind has boomed globally, most dramatically

MIKE KOZLOWSKI for a generation in Europe and more recently in China, it has stumbled [email protected] | +1 561-733-2477 in the U.S., encountering a number of starts and stops during its adoles-

Check out the

GARY LEWIS, Panama cence. Though down, it is far from out, and in fact during our recent meet (516) 441-7258 | [email protected] 2024 Media with him in Houston, Robert Langford, ABS’ VP of Global Offshore Wind,

Kit via the QR paints a bullish picture long term for offshore wind in the U.S., including

CORPORATE STAFF

Code Below the eventual advent of foating wind.

CEO

JOHN O’MALLEY [email protected]

President & COO

GREGORY R. TRAUTHWEIN [email protected]

IT Director

VLADIMIR BIBIK

Gregory R. Trauthwein

Public Relations

MARK O’MALLEY

Editor & Publisher [email protected] [email protected]

Accounting m: +1-516.810.7405

ESTHER ROTHENBERGER [email protected]

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OFFSHORE ENGINEER (ISSN 0305-876X) is published bi-monthly (6 times per year) by AtComedia,

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