Highlights from a high point in the industry calendar

摘要

A warm welcome to the OSJ Conference and Awards supplement. We have evolved the format to ensure that our content is fresh and that it reflects the vibrancy of this year's Offshore Wind Conference, Dynamic Positioning Conference and Annual Offshore Support Journal Conference - or what the industry has come to refer to as 'OSJ Week.' Against the backdrop of Clarksons Research market analysis forecasting secure short- and medium-term oil demand, the rise of renewables and the strength of US shale production, offshore executives looked to fundamental changes as a way to meet challenges in the sector during day one of Riviera's Annual Offshore Support Journal Conference. In the opening session, OSV owner-operator SolstadFarstad's chief executive issued the first call (an oft-repeated one) for consolidation. The industry's failure to consolidate, said Mr Solstad, meant that the only winners in today's market are his clients. Happily, though, there is money to be made. For some it is in the niches - especially in a resurgent FPSO world and the emergent world of floating LNG. But consolidation - albeit consolidation with care - is the order of the day.