US Offshore Industry — Industry includes EPC contractors, vessel operators, subsea service providers, and OEMs supporting both fossil and renewable offshore projects.

The US Offshore Industry is a diverse and collaborative ecosystem that includes international energy giants, local utilities, specialized vessel operators, and a growing network of offshore wind energy developers Us. European and global leaders in the offshore wind space, such as Ørsted, Equinor, and Avangrid, are a strong presence, leveraging their experience to lead development efforts.

The industry is focused on overcoming significant logistical and regulatory challenges, including permitting processes, grid interconnection, and building a skilled workforce. The Inflation Reduction Act (IRA) and other federal and state policies are providing crucial financial incentives and long-term clarity, which are essential for attracting the massive capital investment required for these large-scale offshore wind farm projects Usa.