Tiebacks, deepwater help keep offshore construction market strong

The market for offshore construction vessels will remain strong due to the increased number of subsea tiebacks to existing infrastructure and the continued growth in the development of deepwater and ultra-deepwater resources, according to Subsea 7's Dr. Stuart Smith and David Mair. As a company focused 100% on the subsea industry, it is a leading contractor in seabed-to-surface engineering, construction and services to the offshore industry. In this issue of Offshore Connect, Smith and Mair share their insights on the continued growth of the vessels market, market hot spots, and more.