Our Industry

Global and diverse

The offshore oil and gas and renewable energy industries represent a number of industry sectors of significant economic value in many countries. The oil and gas market enables the exploration, development and production of a sizeable proportion of the world’s oil and gas reserves. There are numerous market segments and specialist niches where our members are active. In addition, the offshore renewable energy industry is an important and growing market, together with the transoceanic communications sector. All these sectors share the common need to install and maintain assets and equipment on the seabed, often in remote and demanding environments.

Marine Contractors use an advanced and diverse fleet of specialist vessels to undertake construction, inspection, repair and maintenance of offshore facilities. From these vessels, an assortment of specialist equipment is used for installing and removing platforms, pipelines, control systems, subsea production equipment etc. In addition, there is a sophisticated array of robotic and diving technologies deployed to facilitate intervention in deep water.

The supply side of the industry varies from large, integrated contractors providing a full range of services on a global scale to smaller, specialised contractors focusing on specific technical or geographic markets. Supporting all contractors is a wide range of suppliers with an equally wide range of products and services. IMCA Members are active in all sectors of the industry.