Page 2: of Offshore Engineer Magazine (May/Jun 2026)

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MAY/JUNE 2026

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VOL. 51 / NO. 3 12

Middle East OSV Market at a

Crossroads After Gulf Conflict

After several years of strong activity, the

Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Fol- lowing US and Israeli military action and subsequent Iranian attacks on neighbour- ing Gulf states, operators introduced pre- cautionary measures, including temporary rig suspensions and down-manning in

Saudi Arabia, the UAE and Qatar. 12

By Theodor Sørlie 30

Floating Nuclear: A New

Offshore Energy Frontier

For decades, foating nuclear power oc- cupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. 30

Today, however, combined pressures of decarbonization, energy security, land constraints, rising electricity demand and water scarcity are making foating nuclear power a more serious proposition for poli- cymakers, utilities, and infrastructure

By Alisa Reiner 36

Digital by Design 36

ABS helps blaze the digitization path that is reshaping offshore energy.

By Greg Trauthwein 40

Organized Lightning

Understanding the evolution of marine electrical systems.

By Will Ayers 40

Photos this page [top to bottom] © JT Jeeraphun/Adobe Stock; © phonlamaiphoto/AdobeStock; ABS; © Amarylle/AdobeStock Cover photo courtesy Core Power 2 OFFSHORE ENGINEER OEDIGITAL.COM