Forecast
Period
|
2026-2030
|
Market
Size (2024)
|
USD
1.07 Billion
|
Market
Size (2030)
|
USD
1.72 Billion
|
CAGR
(2025-2030)
|
8.23%
|
Fastest
Growing Segment
|
Deep Water
|
Largest
Market
|
United
States
|
Market Overview
The North America Pipe Laying Vessel Market was valued at USD 1.07 Billion in 2024
and is expected to reach USD 1.72 Billion by 2030 with a CAGR of 8.23% during
the forecast period. The North America pipe laying vessel
market refers to the industry segment focused on specialized marine vessels
designed for transporting and installing subsea pipelines, which are critical
for offshore oil & gas production, power transmission, and deep-sea energy
infrastructure.
These
vessels are equipped with advanced technologies such as dynamic positioning
systems, heavy-lift cranes, and deepwater pipe-laying equipment to operate in
complex maritime environments. The market is witnessing robust growth driven by
the expansion of offshore oil & gas fields in the Gulf of Mexico and Arctic
regions, where new subsea wells and tie-backs require reliable pipeline
connections to onshore facilities. In addition, increased investments in
liquefied natural gas terminals and underwater power cable systems for offshore
wind farms are further propelling demand for pipe laying vessels. Governments
across North America are also encouraging energy independence and
infrastructure modernization, leading to supportive policies and
capital-intensive offshore developments. The demand is especially high for
S-lay, J-lay, and reel-lay vessels that can handle varied pipe diameters and
complex seabed terrains.
Technological
advancements in remotely operated vehicles, pipeline monitoring systems, and
real-time navigation are making offshore installation more efficient, reducing
project delays and operating costs. The rising number of aging pipelines also
necessitates replacements and maintenance, further boosting the need for pipe
laying services. North American energy companies are partnering with vessel
operators to secure long-term contracts that ensure timely execution of
offshore infrastructure projects. As the region focuses on decarbonization and
clean energy, the integration of offshore carbon capture and hydrogen pipelines
is also emerging as a new application segment for these vessels.
The
market is becoming increasingly competitive, with vessel owners upgrading their
fleets to accommodate ultra-deepwater operations and multi-diameter pipeline
installations. As a result, the North America pipe laying vessel market is
poised for consistent expansion, with growth supported by offshore energy
diversification, subsea engineering advancements, and an increased focus on
sustainable, high-capacity infrastructure. Notably, the Gulf of Mexico remains
the core operational hub, accounting for a significant share of offshore
pipeline installations in the region.
Key Market Drivers
Expansion of Offshore Oil and Gas Exploration Projects
in the Gulf of Mexico
The steady expansion of offshore oil and gas
exploration activities in the Gulf of Mexico is a major driving force behind
the growth of the North America pipe laying vessel market. As shallow-water
reserves become increasingly depleted, oil and gas operators are investing
heavily in deepwater and ultra-deepwater fields to meet long-term energy demand
and maintain supply security. These offshore fields, located at depths
exceeding 1,500 meters, require robust and technologically advanced subsea
infrastructure, including pipelines for oil and gas transportation to onshore
processing units. The complexity of these offshore projects necessitates the
use of highly specialized pipe laying vessels equipped with dynamic positioning
systems, tensioners, and deepwater reel-lay capabilities. In particular, the
deployment of J-lay and S-lay vessels capable of handling large pipe diameters
and operating in harsh marine environments has become increasingly common in
the Gulf of Mexico. Additionally, offshore operators are prioritizing
reliability and installation efficiency to reduce non-productive time and avoid
cost overruns, leading to strong demand for high-specification pipe laying
vessels. As more exploration licenses are awarded in the region and development
wells transition to production stages, the need for subsea tie-backs and
interconnecting flowlines is intensifying. This has prompted oil and gas
companies to sign long-term charter agreements with vessel operators to secure
future pipeline installation capacity. Moreover, environmental regulations that
encourage subsea production systems over surface platforms are also pushing
demand for pipeline infrastructure that can support remotely operated
production. The continued regulatory support for offshore drilling by the
United States federal government, especially in the Western and Central Gulf
planning areas, is expected to further stimulate investments in subsea
projects. As a result, the pipeline installation activity in this region
remains a critical growth catalyst for the pipe laying vessel market. In
2023, over 1,600 kilometers of new subsea pipelines were installed in the Gulf
of Mexico alone, reflecting a 12 percent increase from the previous year and
underlining the growing need for pipe laying vessels in the region.
Growth in Offshore Renewable Energy and Subsea
Power Cable Projects
The increasing focus on offshore renewable energy
development, particularly offshore wind farms, is creating new avenues of
growth for the North America pipe laying vessel market, as these vessels are
increasingly used for installing subsea power transmission cables. Governments
across the United States and Canada are implementing ambitious renewable energy
targets, with offshore wind playing a central role due to its high generation
potential and vast untapped marine resources. Offshore wind projects require
robust electrical grid integration, which is enabled by high-voltage subsea
power cables connecting offshore turbines to onshore substations. Pipe laying
vessels, especially those adapted with specialized cable-lay equipment, are
instrumental in deploying these transmission systems across the seabed. The
technical overlap between pipeline and cable installation allows vessel
operators to diversify their service offerings and enter adjacent markets.
Furthermore, the adoption of high-capacity wind turbines and the expansion of
wind farms further from shore necessitate longer and more complex cable routes,
increasing the demand for capable vessels. The North America East Coast, with
key development zones off the coasts of New York, Massachusetts, and Virginia,
is witnessing accelerated offshore wind activity, prompting vessel owners to
upgrade or commission purpose-built cable-laying ships. Additionally, the
emergence of offshore hydrogen and carbon capture and storage projects—which
also require subsea piping systems—adds further momentum to this trend.
Collaborative initiatives between oil and gas companies and renewable energy
developers are blurring traditional market boundaries, encouraging
multi-functional vessel usage. Governments are also offering incentives and
lease auctions to promote offshore grid expansion, thereby ensuring a steady
pipeline of projects for vessel operators. The synergy between offshore oil,
gas, and renewable infrastructure is transforming the competitive dynamics of
the market, enhancing long-term investment viability for high-spec pipe laying
vessels. By the end of 2024, offshore wind projects totaling over 25
gigawatts of capacity are in various stages of planning and development across
North America, requiring more than 4,000 kilometers of subsea power cable
installations over the next decade.
Increasing Replacement and Maintenance of Aging
Subsea Pipeline Infrastructure
The aging pipeline infrastructure across North
America's offshore oil and gas sector is emerging as a significant growth
driver for the pipe laying vessel market, particularly as operators shift focus
from new developments to integrity management, replacement, and capacity
upgrades of existing subsea networks. Much of the subsea pipeline
infrastructure currently in use in the Gulf of Mexico was installed during the
late 20th century, and many of these assets are nearing or have surpassed their
original design life. As a result, operators are under growing pressure to
address issues related to corrosion, material degradation, and environmental
risk associated with pipeline failures. This aging network poses significant
operational hazards and is increasingly subject to stricter regulatory
oversight by federal agencies, prompting oil and gas companies to initiate
large-scale replacement and refurbishment programs. These activities, in turn,
are highly dependent on pipe laying vessels, which are required to execute
precision operations involving pipeline retrieval, replacement, and
repositioning. Unlike new pipeline installations, replacement operations often
involve complex subsea interventions in confined or heavily developed areas,
making specialized vessels equipped with real-time monitoring systems, dynamic
positioning technology, and remotely operated vehicles indispensable. In
addition to full-line replacements, many operators are conducting partial
replacements, bypass installations, and capacity expansions to extend the
service life of existing fields. The push for digitalization in asset
management is also driving preemptive maintenance strategies, which rely on
regular inspections and planned interventions that often require mobilization
of pipe laying assets. Furthermore, as climate resilience becomes a key
consideration in subsea infrastructure, retrofitting pipelines to withstand
harsher marine conditions is gaining prominence, driving additional demand for
advanced vessel services. Several leading offshore producers are allocating
dedicated budgets for subsea refurbishment, with vessel contracts often
spanning multiple years to cover staggered replacement schedules. These
contracts ensure long-term utilization of pipe laying assets while mitigating downtime
and improving operational continuity for producers. In 2023, over 850
kilometers of existing offshore pipelines in the Gulf of Mexico underwent
partial or full replacement, a 17 percent increase from 2021 levels,
highlighting the intensifying need for specialized pipe laying vessel
operations focused on infrastructure renewal.
Strategic Government Policies and Lease Auctions
Supporting Offshore Energy Infrastructure
Strategic government interventions through policy
support, offshore lease auctions, and permitting reforms are playing a pivotal
role in accelerating offshore energy infrastructure development in North
America, which is directly benefiting the pipe laying vessel market. The United
States federal government, through agencies such as the Bureau of Ocean Energy
Management, is actively promoting offshore energy exploration and
infrastructure investment by offering new lease areas, streamlining the
permitting process, and committing to long-term offshore production targets.
Recent lease auctions in the Gulf of Mexico and the Atlantic coast have
garnered strong industry participation, signaling heightened private sector
interest in offshore energy development, particularly in oil, gas, and offshore
wind. These leases open up vast marine zones for pipeline and cable
infrastructure development, creating sustained demand for vessel-based
installation services. Simultaneously, Canadian authorities are enhancing their
offshore regulatory frameworks, especially in regions such as Newfoundland and
Labrador, to support exploration and infrastructure expansion in the North
Atlantic. In both countries, governments are allocating funds and offering tax
incentives to spur domestic energy development, reduce dependence on imports,
and accelerate transition to clean energy sources—all of which hinge on robust
offshore infrastructure. These initiatives are bolstered by national
infrastructure plans that prioritize energy transmission corridors and subsea
connectivity, thereby generating a stable project pipeline for pipe laying
vessel operators. Moreover, public-private partnerships are becoming
increasingly common, with governments facilitating long-term investment through
cost-sharing models that reduce risk and enhance capital mobilization for
offshore developers. As offshore energy development accelerates under policy
influence, the requirement for fast-track execution of pipeline and cable
installation projects grows, making high-specification vessels critical assets.
Vessel operators that comply with local content regulations and environmental
standards are well positioned to secure contracts backed by policy mandates.
The cumulative effect of these policies is a more predictable and
investment-friendly market landscape that supports vessel deployment, fleet
modernization, and long-term charter agreements. In 2024, the United States
awarded offshore energy leases covering more than 1.7 million acres in the Gulf
of Mexico and Atlantic coast, unlocking infrastructure investments expected to
require over 6,000 kilometers of subsea pipelines and cables in the next 8 to
10 years.

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Key Market Challenges
High Capital and Operational Costs Associated with
Advanced Pipe Laying Vessels
The North America pipe laying vessel market faces a
significant challenge in the form of high capital and operational expenditures
required to procure, maintain, and deploy state-of-the-art pipe laying vessels.
These vessels are highly specialized maritime assets, often equipped with
dynamic positioning systems, deep-water laying capabilities, heavy-lift cranes,
and subsea remotely operated vehicles. As the demand for deepwater and
ultra-deepwater pipeline installations continues to grow in regions such as the
Gulf of Mexico, vessel owners and operators must invest in highly advanced
technologies and engineering solutions to maintain competitiveness. However,
the acquisition cost of a new-generation pipe laying vessel can easily exceed
several hundred million United States dollars, while maintenance, crewing,
fuel, and compliance costs further add to the burden.
These vessels often operate in harsh offshore
environments, requiring high levels of resilience and redundancy in equipment,
which translates to continuous expenditures on retrofits, class surveys, and
insurance. The challenge is compounded by fluctuating oil and gas prices, which
can delay or cancel projects, leaving vessel operators with underutilized
assets and idle fleets that generate no return on investment. Furthermore, the
nature of the offshore pipeline market often results in lumpy demand, where vessel
utilization is heavily project-dependent, creating periods of overcapacity.
Operators without long-term contracts face difficulty justifying the upfront
cost of vessel acquisition or upgrades, and charter rates are highly sensitive
to market cycles, putting pressure on profit margins. The complexity of
mobilizing and demobilizing these vessels also adds cost, especially when
transiting between ports or across long distances for individual contracts.
Regulatory compliance, including carbon emission standards, safety
certifications, and labor laws, adds further layers of cost and administrative
requirements. In this capital-intensive environment, only a limited number of
companies have the financial resilience and technical expertise to remain
competitive, thus limiting new entrants and innovation. The persistently high
capital and operational cost structure acts as a bottleneck to market
scalability and undermines the pace at which fleet modernization can occur.
Stringent Environmental Regulations and Permitting
Delays
Environmental regulation poses a formidable
challenge to the growth trajectory of the North America pipe laying vessel
market, especially as offshore pipeline projects increasingly intersect with
sensitive marine ecosystems and public scrutiny. Federal and regional agencies
such as the United States Environmental Protection Agency, the Bureau of Ocean
Energy Management, and Canadian environmental regulatory bodies impose rigorous
environmental assessments and permitting protocols on offshore energy infrastructure.
These regulations encompass a wide array of considerations, including potential
impacts on marine biodiversity, water pollution, noise emissions, carbon
footprint, and spill risk, among others. The compliance burden on pipeline
developers and vessel operators has intensified, with requirements for
environmental impact statements, multi-agency approvals, stakeholder
consultations, and mitigation strategies often stretching over several months
or even years. Delays in receiving permits or environmental clearances can
stall projects indefinitely, affecting vessel deployment schedules and contract
execution. In some instances, vessels remain idle at ports for extended periods
while awaiting regulatory green lights, resulting in lost revenue, increased demurrage
costs, and underutilization of expensive assets.
New policies aimed at climate risk mitigation,
decarbonization, and marine conservation are introducing additional layers of
uncertainty into the permitting landscape. For instance, the introduction of
low-emission standards for offshore operations now necessitates fleet upgrades
or the use of hybrid or alternative fuel systems, adding to capital costs.
Legal challenges from environmental advocacy groups can further delay projects,
even after permits are issued, especially in coastal states with strong environmental
lobbying power. Regulatory fragmentation between federal and state authorities
often leads to overlapping or conflicting requirements, complicating project
execution. This unpredictable regulatory environment not only deters new
investment but also impacts the competitiveness of domestic operators who must
factor in these delays when bidding for contracts. While environmental
oversight is crucial for sustainability, the lack of streamlined processes and
the growing complexity of compliance protocols continue to act as a major
operational and financial constraint on the North America pipe laying vessel
market.
Shortage of Skilled Maritime and Engineering
Workforce
The North America pipe laying vessel market is
grappling with an acute shortage of skilled professionals across both maritime
operations and offshore engineering disciplines, a challenge that is becoming
increasingly critical as the region expands its offshore energy infrastructure.
These highly specialized vessels require a combination of expert seafarers,
marine engineers, subsea pipeline specialists, remotely operated vehicle
technicians, dynamic positioning officers, and project managers who are trained
to operate in high-risk and technically demanding offshore environments.
However, the current talent pipeline is insufficient to meet growing industry
demands, primarily due to a generational gap in skilled labor, declining
interest in maritime careers, and the intensive training requirements involved.
Many experienced professionals are nearing retirement age, and there is a
limited influx of younger talent entering the sector, particularly in North
America where maritime training institutions are few and enrollment is
stagnant. Additionally, the long deployment durations, remote working
conditions, and physically demanding nature of offshore work deter many
prospective employees.
Companies face difficulty in maintaining consistent
crew rotations, adhering to safety standards, and ensuring compliance with
certifications such as Standards of Training, Certification, and Watchkeeping
for Seafarers. The problem extends to the engineering side as well, where
advanced skills in subsea pipeline design, integrity monitoring, and automated
laying systems are in short supply. As vessels become increasingly automated
and technologically complex, the need for multi-disciplinary professionals with
expertise in software, robotics, hydraulics, and mechanical systems continues
to grow, exacerbating the skill gap. This talent crunch drives up labor costs,
increases training investments, and leads to project delays due to staffing
shortages or operational inefficiencies. Some operators have resorted to
importing talent or outsourcing key functions to international service
providers, which introduces cultural, logistical, and compliance challenges.
Without significant investment in workforce development, including partnerships
with academic institutions, in-house training programs, and recruitment
incentives, the labor shortage will continue to undermine vessel availability,
operational efficiency, and overall competitiveness in the North America pipe laying
vessel market.
Key Market Trends
Integration of Advanced Automation and Digital
Technologies in Vessel Operations
The North America pipe laying vessel market is
witnessing a pronounced shift toward the integration of advanced automation
systems and digital technologies to enhance operational efficiency, safety, and
precision in pipeline installation projects. Operators are increasingly
deploying autonomous control systems, remote diagnostics, predictive
maintenance algorithms, and dynamic positioning software to reduce human error
and increase uptime during offshore operations. Digital twins are also being
utilized to simulate pipe laying processes in real-time, enabling operators to
optimize routes, reduce stress on subsea components, and preempt equipment
failures. This digitalization trend extends to on-board systems that monitor
vessel stability, environmental conditions, and real-time pipe tension, all of
which contribute to more accurate and safer deployment in challenging deepwater
conditions.
These innovations are particularly valuable in
reducing crew workloads and increasing vessel utilization across multiple
projects. As projects grow more complex, the demand for intelligent systems
that can adapt to varying seabed conditions and optimize laying sequences has
become indispensable. Moreover, artificial intelligence-enabled systems are
being introduced for route optimization, seabed mapping, and risk assessment.
This growing emphasis on automation is not only improving safety and performance
but also helping operators comply with increasingly stringent regulatory
standards. As digital infrastructure becomes a core component of vessel design
and retrofitting, companies that fail to adapt may face obsolescence in a
rapidly modernizing market landscape. This trend is set to redefine competitive
advantages in the North America pipe laying vessel market.
Growing Role of Renewable Energy Projects in
Expanding Vessel Utilization
A notable trend reshaping the North America pipe
laying vessel market is the growing role of renewable energy infrastructure,
particularly offshore wind farms, in driving demand for pipeline and cable
installation services. While historically dependent on oil and gas
developments, pipe laying vessels are increasingly being repurposed or adapted
to support subsea cable laying, anchoring, and foundation installation for
renewable energy projects. Governments across North America are setting
aggressive targets for offshore wind capacity, particularly along the East
Coast of the United States and parts of Atlantic Canada, creating a surge in
demand for marine construction vessels capable of supporting these initiatives.
Pipe laying vessels, due to their heavy-lift capacities, dynamic positioning
systems, and subsea engineering tools, are well-suited to perform a variety of
tasks in offshore wind farm construction.
As this market segment matures, vessel operators
are diversifying their portfolios to reduce dependence on fossil fuel markets
and capitalize on the more stable, long-term opportunities provided by
renewable energy. This cross-sector adaptability is transforming the
operational dynamics of vessel owners, as they invest in new capabilities such
as cable carousel systems, fiber optic handling equipment, and low-emission
propulsion technologies to meet the specific demands of renewable
installations. The ability to operate across both traditional hydrocarbon and
emerging renewable markets is becoming a key competitive differentiator in
North America.
Fleet Modernization Driven by Environmental
Compliance and Fuel Efficiency
Fleet modernization is emerging as a critical trend
in the North America pipe laying vessel market, driven largely by the need to
comply with evolving environmental regulations and the pursuit of improved fuel
efficiency. Regulatory frameworks introduced by agencies such as the United
States Environmental Protection Agency and the International Maritime
Organization are enforcing stricter emission standards, pushing vessel
operators to either retrofit existing assets with cleaner technologies or
invest in new-build vessels that meet modern sustainability benchmarks. Key
areas of modernization include the installation of energy-efficient engines,
hybrid propulsion systems, ballast water treatment units, and exhaust gas
cleaning systems to reduce environmental impact. Fuel economy has become a
major consideration, especially in light of volatile oil prices and the high
fuel consumption associated with extended offshore deployments.
Operators are increasingly seeking design
innovations that reduce hull resistance, optimize power distribution, and
enhance operational autonomy to minimize downtime and reduce fuel costs.
Modernized vessels are also integrating smart monitoring systems to track
energy usage and carbon emissions in real time, enabling data-driven decisions
to further enhance efficiency. As the industry navigates a global push for
decarbonization and environmentally responsible operations, fleet modernization
is no longer a discretionary investment but a strategic imperative. Companies
that fail to modernize their fleets may struggle with regulatory compliance,
lose out on new project bids, and face reputational risks in an increasingly
sustainability-conscious marketplace.
Segmental Insights
Installation Insights
In 2024, the S-lay barges
segment emerged as the dominant installation type within the North America pipe
laying vessel market and is anticipated to maintain its leadership position
throughout the forecast period due to its versatility, cost-effectiveness, and
suitability for both shallow and medium-depth offshore projects. S-lay
installation methods are particularly effective in deploying large-diameter
pipelines at faster laying speeds compared to other techniques, making them an
ideal solution for a wide range of offshore oil and gas infrastructure
developments across the Gulf of Mexico and coastal Atlantic regions. These
barges offer a balanced combination of speed, pipe size capacity, and
adaptability to diverse seabed conditions, allowing them to service multiple
project types without the specialized limitations of J-lay or reel barges.
As oil & gas companies
continue to invest in infrastructure upgrades, replacement pipelines, and
mid-depth offshore fields, S-lay barges are being selected due to their
operational efficiency and proven reliability in maintaining pipeline integrity
under variable load conditions. The economic appeal of S-lay
technology—especially when operating in water depths up to 1,500 meters—makes
it an attractive choice for project developers looking to manage budgets while
meeting project timelines. In contrast, J-lay barges, though better suited for
ultra-deepwater environments, face limited application in North America due to
the relatively moderate depth of most active offshore projects. Similarly, reel
barges, while advantageous for smaller diameter and flexible pipelines, face
constraints in large-diameter steel pipeline installations that are common in
the region.
As a result, the continued
preference for S-lay technology is underpinned by both technical compatibility
with regional offshore profiles and strong economic justification. With several
upcoming oil and gas pipeline projects scheduled along the United States and
Canadian coastlines, the S-lay segment is projected to remain at the forefront
of the North America pipe laying vessel market over the coming years.
Positioning System Insights
In 2024, the dynamic positioning system segment
dominated the North America pipe laying vessel market and is expected to
maintain its dominance throughout the forecast period due to its superior
maneuverability, precision, and suitability for deepwater and environmentally
sensitive offshore projects. Unlike anchor systems, dynamic positioning systems
enable vessels to hold their position using automated thrusters and real-time
GPS data, eliminating the need for anchors that could disrupt the seabed. This
technology is increasingly favored in the Gulf of Mexico and other deepwater
zones where anchoring is impractical or prohibited. As offshore operations grow
more complex and shift toward deeper waters, the demand for vessels equipped
with dynamic positioning systems continues to rise, reinforcing their leading
role in the regional market.

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Country Insights
Largest Country
In 2024, the United States continued to solidify
its position as the dominant player in the North America pipe laying vessel
market, driven by robust offshore oil and gas activities, particularly in the
Gulf of Mexico, as well as ongoing investments in energy infrastructure. The
country's extensive network of offshore projects and strategic energy policies
have encouraged both domestic and international companies to deploy
high-capacity pipe laying vessels along its coastlines. Federal initiatives
aimed at expanding offshore production and modernizing subsea pipeline networks
have further fueled demand for technologically advanced vessels capable of
operating in complex marine environments.
The growing focus on energy security and reducing
dependency on imported fuels has led to increased offshore pipeline
development, reinforcing the United States' market leadership. Major oil and
gas operators based in the country are also investing in fleet modernization
and adopting dynamic positioning systems and environmentally compliant
technologies to meet regulatory standards. Moreover, the expansion of offshore
wind energy projects, particularly along the Eastern Seaboard, has created new
application areas for pipe laying vessels, further boosting their utilization.
These combined factors ensure that the United States remains at the forefront
of the North America pipe laying vessel market and is well-positioned to
sustain its dominance in the coming years.
Emerging Country
Canada is rapidly emerging as a key player in the
North America pipe laying vessel market due to its increasing investment in
offshore and onshore pipeline infrastructure, particularly along its western
coastline and Arctic regions. With the expansion of liquefied natural gas
export facilities and ongoing pipeline developments connecting remote
production zones to global markets, demand for specialized vessels has surged.
Canadian energy companies are embracing advanced
pipe laying technologies to manage the challenges of harsh marine environments
and ensure regulatory compliance. The country’s focus on energy diversification
and securing long-term export routes is driving greater utilization of pipe
laying vessels. As a result, Canada is strengthening its footprint in the
regional market and is positioned for continued growth over the forecast
period.
Recent Developments
- In March 2025, McDermott completed the pipelay and
construction work for Shell’s Whale project in the United States Gulf of
Mexico. Using its Amazon vessel, the company installed five 11,000-foot steel
catenary risers, a first in the region’s offshore operations. The scope
included approximately 50 kilometers of pipeline and 15 kilometers of
umbilicals, linking five subsea drill centers to the Whale floating production
platform.
- In March 2025, McDermott entered a three-year
Enterprise Framework Agreement with Shell Global Solutions International B.V.,
with two optional one-year extensions. The agreement covers engineering,
procurement, and integrated project management services across McDermott’s Low
Carbon Solutions, Offshore Middle East, and Subsea and Floating Facilities
divisions. Leveraging global expertise, McDermott will support Shell in
delivering feasibility and front-end engineering for upcoming projects,
strengthening their longstanding partnership in multiple deepwater regions.
- In February 2025, Saipem announced a proposed
all-share merger with Norwegian company Subsea 7, valued at approximately USD 4.6
billion. The merger will create Saipem7, a global leader in offshore energy
services, with a combined fleet of over 60 construction vessels and a backlog
of Euro 43 billion. The merger is expected to generate annual synergies of
approximately Euro 300 million, primarily through fleet optimization and
procurement efficiencies, with completion expected in the second half of 2026,
pending regulatory approvals.
Key
Market Players
- Saipem S.p.A.
- TechnipFMC plc
- McDermott International, Ltd.
- Shell Offshore Inc.
- Larsen & Toubro Limited
- Fugro N.V.
- Seadrill Limited
- Bureau Veritas S.A.
By Installation
|
By Positioning System
|
By Depth
|
By Country
|
- J-lay Barges
- S-lay Barges
- Reel Barges
|
- Anchor System
- Dynamic Positioning System
|
|
- United States
- Canada
- Mexico
|
Report Scope:
In this report, the North America Pipe Laying
Vessel Market has been segmented into the following categories, in addition to
the industry trends which have also been detailed below:
- North America Pipe Laying Vessel Market, By
Installation:
o J-lay Barges
o S-lay Barges
o Reel Barges
- North America Pipe Laying Vessel Market, By
Positioning System:
o Anchor System
o Dynamic Positioning
System
- North America Pipe Laying Vessel Market, By
Depth:
o Shallow Water
o Deep Water
- North America Pipe Laying Vessel Market, By Country:
o United States
o Canada
o Mexico
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the North
America Pipe Laying Vessel Market.
Available Customizations:
North America Pipe Laying Vessel Market report
with the given market data, Tech Sci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
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