Offshore support vessels conference reveals latest industry trends and opportunities

Offshore support vessels conference reveals latest industry trends and opportunities

Abu Dhabi, UAE – The highly anticipated Offshore Support Vessels Conference, which took place recently at Conrad Abu Dhabi Etihad Towers, attracted industry leaders, experts, and key stakeholders. This premier event served as a platform to showcase the latest offshore oil and gas exploration and production projects, while shedding light on innovative commercial trends that would shape the future of the offshore support vessel industry. The Offshore Support Vessels Conference provided an unparalleled opportunity for networking, collaboration, and knowledge sharing among industry professionals. With over 200 attendees and experts in attendance, the conference promised to be a vital gathering for decision-makers in the marine services, technical services, marine logistics, quality assurance, project management, and marine operations sectors. The event came at a pivotal time for the offshore support vessel industry, driven by various market factors and significant growth opportunities. According to Fortune Business Insights, the global OSV market is projected to grow from USD 14.46 billion in 2021 to USD 23.60 billion by 2028. Additionally, as reported by Mordor Intelligence, the Middle East OSV market is expected to experience a compound annual growth rate of 5% over the next five years. Several key projects and developments further underscored the increasing