With the Middle East conflict and the ensuing energy crisis, the offshore and marine (O&M) sector is expected to boom. In the short-term, the demand for oil and gas is expected to spur investment in offshore assets while energy trilemma concerns will drive long-term growth for renewables.
To support their growth ambitions, whether in conventional offshore and marine or green solutions, O&M companies require funding. Over the past year, various companies have obtained funding through a variety of methods that are best-suited and/or feasible for their situations.
