After a decade-long absence, the OSJ Americas conference has returned to Houston, garnering rave reviews from attendees, exhibitors and sponsors alike.
Delegates heard that Mexico’s offshore oil and gas production, coupled with its extensive coastline, makes it an attractive market for OSV owners, operators and investors. The market has seen positive trends in utilisation, and day rates have been increasing significantly. There are opportunities for the international supply chain given the age of the fleet and limited domestic vessel construction.
There was spirited discussion on The Jones Act and its impact on the offshore wind industry in the US. Important clarity was provided on the challenges, uncertainties and opportunities related to the use of US and foreign vessels in offshore wind projects. Importantly, the industry is seeking a balanced approach.
Also in focus was the impact of OPEC decisions, yard availability, long lead times for equipment ordering, and the need for new skills in the workforce as the industry moves towards digitalisation and decarbonisation.
Both the conference and exhibition provided a platform for attendees to learn about a range of innovative solutions and end-to-end vessel performance management systems.
Attendees appreciated the high-quality programme, engaging panel discussions and extended Q&A opportunities. There was praise for the calibre of attendee and the relevant networking opportunities.
Exhibitors and sponsors also expressed their delight with the event and have confirmed their commitment to supporting future conferences in the region.
Riviera’s OSJ Americas will return in June 2025. Next on the agenda for the OSV market is OSJ Asia (Singapore) in September followed by OSJ Middle East (Dubai) in December.
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