Offshore Construction Demand: How the Oil & Gas project pipeline and geopolitics are shaping the market

Since 2020 the offshore energy sector has absorbed three major impacts. The Covid-19 pandemic in 2020 caused an unprecedented drop in energy demand and offshore activity. Russia’s invasion of Ukraine in 2022 triggered a global energy crisis with Russian gas flows to Europe slashed. Most recently, the Hormuz crisis hit the supply chain and maritime transport sector. 

While each has hit the market differently in terms of scale and reach, all have played a significant part in reshaping investment decisions and project timelines. 

In this webinar, Spinergie experts Yvan Gelbart, Lead Analyst, and Patrick Sanguily, VP Sales, discuss, “How the Oil & Gas project pipeline and geopolitics are shaping the market.” They’ll pose the biggest questions facing vessel owners, operators, and charterers today:

• What kind of projects are driving demand from tiebacks to FPSOS?
• How many OSV and subsea vessels will these projects need, and when will they be needed?
• Is the current, ageing fleet ready to deliver?

Using our granular, data-driven approach, we’ll walk through how offshore fleets have responded to each crisis and what the upcoming project pipeline means for OSV and subsea demand.  

What you’ll learn‍

• Crisis impact: how Covid-19, Ukraine, and Hormuz influenced investment decisions and changed project timelines.
• Fleet movements: what our vessel data showed us about how OSV and subsea fleets changed their patterns in the wake of the Hormuz closure.
• The FID wave: what the 2026 uptick in FIDs involves, and how vessel demand varies by project type from tiebacks to FPSOs.

Who is this webinar for?

This session is for anyone involved in planning offshore oil and gas projects, or in supplying and chartering the vessels that deliver them. Vessel owners and operators, charterers, chartering and commercial managers, project directors, procurement leads, and supply chain managers will all find practical insight into where OSV and subsea demand is heading.

‍What you’ll take away from this webinar

You’ll leave the session with a clearer picture of how recent crises have reshaped the oil and gas project pipeline, and what the 2026 wave of FIDs means for vessel demand in the years ahead. You’ll understand which project types will drive OSV and subsea requirements, when that demand is likely to peak, and where an ageing fleet may struggle to keep up. As always, there will be time to put your own questions to our experts in a live Q&A. 

‍Secure your spot for this free webinar today: 

Thursday, November 12

4 - 5 pm (CET)

Click Here to Register

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