Page 4: of Offshore Engineer Magazine (Mar/Apr 2025)

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EDITOR’S LETTER

As we steam toward another OTC in Houston, it will be most interesting to see how this event fares in 2025. The size and scope of the exhibition has plummeted in recent years following an all-time high of 108,300 visi- tors in 2014. As happens in the volatile oil and gas sector, wild swings are V ol. 50 No. 2 the norm rather than exception. Following the 2014 event oil started a

ISSN 0305-876x USPS# 017-058 protracted path down through 2020, then the Covid pandemic of early 2020 exacerbated the situation. OTC has rebounded in part, driven by 118 East 25th Street, the traditional oil and gas industry plus the opening of its doors to ‘renew-

New York, NY 10010 able energy.’ But as anyone reading these pages knows too well, the offshore tel: (212) 477-6700; fax: (212) 254-6271 wind market in the U.S. is effectively dead.

www.OEDigital.com

Or is it?

Philip Lewis, Director of Research at Intelatus, is a well-recorded and oft-

EDITORIAL cited energy and maritime industry insider, and in typical form he takes a deep

GREGORY R. TRAUTHWEIN

Editor & Publisher dive into U.S. offshore wind in this edition. While news surrounding U.S.

AMIR GARANOVIC

Offshore Wind hardly inspires the popping of champagne corks today, Lewis

Managing Editor reports that there are signs of hope for longer term optimism. And while the [email protected]

U.S. market is down, markets in Europe and Asia are expanding quickly. Fol-

BARRY PARKER, New York lowing Lewis’ report on the U.S. market, Alisa Reiner breaks down develop-

WENDY LAURSEN, Australia

PHILIP LEWIS, U.K.

ments in Asia, where China and its closed energy market are clearly the kings of offshore renewables.

PRODUCTION / GRAPHIC DESIGN

Looking at oil and gas markets more specifcally, there has been a signifcant

NICOLE VENTIMIGLIA stumble out of the gate in 2025, as the world collectively digests the impacts [email protected] of tariffs coming out of Washington, and how the potential trade war could impact economic development and activity globally. In this edition we wel-

SALES

TERRY BREESE, VP Sales come insights from Sofa Forestieri, Senior Analyst, Esgian, for here insights +1 (561) 732-1185 | [email protected] on a relatively small in size but large in value market sector: Drillships. In her

JOHN CAGNI story “The Future of Long-Idle Drillships: Cold-Stacked or Dead Stacked”, [email protected] | +1 631-472-2715

Forestieri offers some keen insights on how several industry leaders view this

FRANK COVELLA fast-moving sector.

[email protected] | +1 561-732-1659

Turning attention to the more granular technical side of the business, we’re

MIKE KOZLOWSKI pleased to offer insights on Stress Corrosion Cracking (SCC) and Hydrogen [email protected] | +1 561-733-2477

Embrittlement (HE), which if left unchecked can severely compromise the

GARY LEWIS, Panama structural integrity, safety and proftability of your offshore structures. While (516) 441-7258 | [email protected] this story gives an overview, Parker Hannifn’s Anshul Godha, Materials Scien-

Check out the tist, and Paula Lepore, Global Projects Engineering Manager, will discuss the

CORPORATE STAFF 2025 Media

CEO matter at depth – and answer your questions real time – in a webinar entitled

Kit via the QR

JOHN O’MALLEY [email protected] “A Brand-New Approach to Understanding and Mitigating Stress Corrosion

Code Below

Cracking and Hydrogen Embrittlement”. https://bit.ly/3Y1hiAS

President

GREGORY R. TRAUTHWEIN [email protected]

IT Director

VLADIMIR BIBIK

Public Relations

MARK O’MALLEY [email protected]

Accounting

Gregory R. Trauthwein

ESTHER ROTHENBERGER [email protected]

Editor & Publisher [email protected]

Circulation

KATHLEEN HICKEY m: +1-516.810.7405 [email protected]

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