Expect a swathe of deal signings and developments in the European offshore space this week.
It’s to be expected really, as over 167 companies and 2,500 delegates descend on Liverpool for Renewable UK’s Offshore Wind Energy Conference and publicly release details of contract wins, partnerships and commercial agreements.
Naturally, there will be some that garner more attention than others, and perhaps they’ll be the occasional surprise company partnership too. But to my mind, the companies that will be particularly interesting to watch will be those businesses that have a heritage of working within offshore North Sea oil and gas.
Admittedly, many of these specialist firms have been slow to register any real interest in the European wind energy markets, while some continue to dismiss it altogether. However, don’t let this lethargy put you off. After all, despite all the wind market’s talk of experience and expertise, when it comes to really understanding what it’s like to work out there in deep water, they do. Sideline these sector specialists at your peril. And watch them like hawks.
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