Rapid expansion of offshore wind development worldwide is posing operation and maintenance challenges as turbines are installed in increasingly remote locations, harsh environments and deeper waters. 

According to Norwegian research firm Rystad Energy, investments in global offshore wind are set to more than double over this decade from $46 billion in 2021 to $102 billion by 2030, when 265GW of capacity are due to be installed, with manufacturing and installation of wind turbines accounting for 50% of total capital expenditure.