Advanced Innergy goes deep into subsea as offshore oil and gas spending gathers pace

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Advanced Innergy is gearing up for the offshore energy boom with its subsea technology and expanded manufacturing capabilities. ... Read More The post Advanced Innergy goes deep…

Big money, deep water and absolutely no room for dodgy plumbing. Pic: Getty Images

The world’s offshore energy industry is gearing up for another big spending spree, and much of the action is happening well out of sight.

Billions of dollars are being lined up for deepwater oil and gas developments, as energy companies venture into increasingly challenging waters to bring new supplies online.

According to Westwood Global Energy Group forecasts, offshore oil and gas engineering, procurement and construction (EPC) contract awards are expected to hit US$76.8 billion in 2026, up 48% on 2025.

Another US$71.8bn is forecast for 2027, taking the two-year total to almost US$149bn. And there’s plenty more in the pipeline.

But while the enormous production vessels and drilling platforms grab the attention, there’s another world operating beneath them.

We’re talking about kilometres of pipes, cables and specialised equipment sitting hundreds, sometimes thousands, of metres below the ocean’s surface.

And keeping everything working down there is no small engineering feat.

Working on the ocean floor is a different game altogether from running machinery on dry land.

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