The $10 Billion Offshore Construction Race: Who’s Winning? 🚢💰
- Mar 5
- 1 min read
The $10 Billion Offshore Construction Race: Who’s Winning? 🚢💰
💡 The global offshore construction market is exploding, with major players investing billions in deepwater energy, wind farms, and floating infrastructure.
📌 Who’s leading the charge?
🏗 Saipem – Pushing deepwater construction with mega vessels like Castorone.
⚡ Subsea7 7 – Expanding offshore wind installation capabilities.
🌊 TechnipFMC – Advancing subsea robotics and AI-powered project management.
🚢 McDermott International, Ltd – Leading in LNG terminals and offshore platforms.
📈 Why is offshore construction booming?
✅ Offshore wind is expected to reach 330 GW by 2030—that’s 10x today’s capacity.
✅ Decommissioning of oil platforms is turning into a billion-dollar market.
✅ Floating energy hubs (hydrogen, LNG) are the next frontier.
🛠 With rapid expansion, will the industry face major workforce shortages in the next 5 years? Or will automation fill the gaps?
👇 Drop your insights below!
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