Welcome

A new reality

WITHIN A FEW WEEKS, THE WORLD HAS TOTALLY CHANGED FOR ALL OF US. NORMALLY, AT THE RELEASE OF THIS ISSUE I WOULD HAVE BEEN BUSY PREPARING MY TRIP TO HOUSTON FOR ATTENDING OTC. I AM SURE THIS MUST HAVE BEEN THE CASE FOR MANY OF YOU. BUT PLANS HAVE CHANGED. NO ONE WOULD HAVE EXPECTED THIS.

The industry was cautiously optimistic at the beginning of this year, with the market slowly recovering. Now, with the many uncertainties caused by COVID 19 and low oil prices, dark clouds are appearing, although everything depends on how long this situation will last. Most of us are capable of withstanding business fluctuations, but the first priority for everyone now is to overcome the coronavirus which is a new reality for us all.

Looking at the coronavirus, the first signs in China show that economic and social life is slowly returning to somewhat normal proportions. Let us hope that this will continue to persist and that it will also be a positive indication for the rest of the world. Business is now being put on hold in most industries, and communication and marketing are at a low level. Shows are cancelled or postponed, contacting customers or prospects are restricted to phone calls and skype meetings. With the current uncertainties, it seems like a natural response to hold the purse strings now. Though one should not forget to at least maintain one’s market position. To do so, staying in touch with the market is important. We are certainly ready to assist you in this matter.

Not surprisingly, this issue of Offshore Industry was planned to pay ample attention to OTC Houston, and we will certainly make this up to you after the Summer. Nevertheless, there is still plenty going on in the industry and we have been able to produce some interesting stories, together with the help of many of you. Thanks a lot for this collaboration!

I wish you all the best. Stay safe and in good health, and hopefully we will meet again soon!

Kind regards,

Rob de Kerf ACCOUNT MANAGER ROB@YNFPUBLISHERS.COM

Highest Flexibility on Deck - RL-K 2600

• Up to 50 tonnes SWL and 40 metres max. radius – Ready for a wide range of applications • Tail radius less than 3 metres – Saving space and creating more flexibility on deck • Electric or diesel drive system – Flexible choice for our customers • Full EX version available (ATEX and/or IECEx conform) – Safe operations in hazardous environments • The Ram Luffing Knuckle Boom Crane 2600 – Proven Liebherr quality and professional service worldwide

16

contents

ISSUE 2 | 2020

22

30

38

BUSINESS ASSOCIATIONS 10 Building bridges

COATINGS & CORROSION PROTECTION 22 A closer look at corrosion

EPCI 36 Reducing CO 2 emissions on FPSOs

HEAVY LIFTING & TRANSPORT 30 Roll Group signs contract for APAC yard

MARINE ENERGY 16 Joining forces for carbon-free autonomous subsea vehicle residency

OCEAN MINING 13 Allseas acquires ship for deep-sea polymetallic nodule collection

OFFSHORE WIND 14 Record year for offshore wind 20 Innovation hub 32 Eight winners 38 Eemshaven base port for Hornsea Two

OIL & GAS 19 Collaboration on digital solutions 26 Onshore precision offshore 29 Expecting faster ramp-up to higher plateau production

REGULARS 01 Welcome 04 News in brief 41 People 42 Outfitters 46 Yellow & Finch Pages 48 Next issues

ON THE COVER Looking to offshore wind, 2019 was a record year for the sector with an impressive 6.1GW installed and now accounting for 10% of total wind installations globally. Read more on page 14. Photo courtesy of MHI Vestas Offshore Wind.