Behind Big Oil’s headline-making – if slow-rolling – transition into renewables, a wider ripple-out is travelling through the industry’s supply chain, with a stand-out trend gathering pace in the offshore energy sector , where contractors that had historically drawn a huge slice of their revenue from the world’s maritime hydrocarbon basins are now rapidly reinventing themselves for the international offshore wind market.
Saipem is a case in point. A veteran of the global offshore oil adventure, the Italian contractor is repositioning its offshore engineering and construction (E&C) division, powered by a fleet of vessels led by the giant S7000 – which has already seen high-profile use mating
