- Offshore support vessel demand in the Middle East Gulf has closely tracked boom-and-bust cycles driven by oil price swings, LNG developments, and national energy agendas.
- Recent downturns collapsed newbuild pipelines—AHTS orderbook fell to just 2% of the fleet by early 2025, creating a looming shortage of compliant, modern tonnage.
- With major Gulf producers maintaining multi-year offshore programs and tightening vessel age and emissions standards, owners of younger, technically advanced fleets...
https://mfame.guru/offshore-operations-in-the-middle-east-gulf-meg/