FLAG CEO Carl Grivner joined subsea leaders Ana Nakashidze (AzerTelecom), Maxie Reynolds (Subsea Cloud), and Giuseppe Valentino (Sparkle) to bring together insights for Capacity – a techoraco brand’s first State of the Sector report on the subsea industry.
The report explores how the sector is evolving under unprecedented demand, driven by hyperscalers, rapid digitalisation and growing geopolitical and operational pressures. It highlights a shift from raw capacity to route diversity as a core product, alongside increasing risks linked to energy availability, repair capacity and network resilience.
Four key trends emerge as central to the industry’s future: the energy transition as renewables and subsea power grids complement traditional hydrocarbons, digitalisation through autonomous systems and digital twins, regional diversification in emerging offshore markets, and consolidation as strategic mergers create stronger, more integrated players.
It’s day two at Capacity Middle East and the FLAG team are ready to continue the conversation. Come and find us in room 319 to discuss these themes and hear more about our Vision 2030 strategy mentioned by Carl in the article.
Download the full report here: https://lnkd.in/e_ssH7TA
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