Aberdeen Branch Business Breakfast & Subsea Market Outlook 2024

30 January, 2024



7am Tuesday 30th January 2024, Marcliffe at Pitfodels, Aberdeen

07:00 Breakfast07:30 Presentations09:00 close

Price (ex-VAT)  SUT Member £48.50 | Non-Member £55.50

The SUT in Aberdeen will be presenting an update on some of the conclusions of last year’s Business Breakfast, reviewing news developments since then and giving an updated market outlook for 2024 in terms of commodity prices, renewables build-out, project FID’s and how this is affected by the global fleet.

Returning for the 2nd year, our speakers will be James Hall of Axiom EMI and Ross Macdonald & Catherine MacFarlane of S&P Global.  We will be accounting for imminent US Presidential and UK General elections; two significant conflicts; green and not-so-green policy aspirations; company stock prices; vessel financing, fleet capacity and day-rates.  All this and more, reviewed with a healthy dose of reality, backed up with data and you won’t hear any of it on the mainstream news media.

Please join us bright & early at 7am for breakfast, Tuesday 30th at the Marcliffe at Pitfodels in Aberdeen for the SUT’s 2024 Subsea Market Outlook.

Mission Impossible – Offshore Market Outlook
James Hall, Axiom EMI

Axiom will examine the short to mid-term dynamics playing out across the offshore O&G and renewables sectors. A particular focus will be placed on the geopolitical factors influencing the industry, what to watch for in 2024, a mid-term forecast of activity, and the challenges faced.

Preaching to the converted: how is the subsea fleet meeting the demands of the energy trilemma?
Catherine MacFarlane and Ross Macdonald

With the ever-increasingly complex requirements needed to support global offshore energy infrastructure, how is the subsea construction fleet rising to the challenge? As key enablers in the supply chain, at a period of unprecedented transition, we explore the latest developments and dynamics impacting the way in which this key segment is attempting to deliver.