A wave of "unprofitable" offshore wind contracts could see firms focus instead on cash-rich oil and gas, the chief of a marine industry body has warned.
As Subsea Expo 2023 comes to an end, a pre-pandemic number of 6,000 attendees walked through the doors of P&J Live since Tuesday.
There are claims Westminster’s fiscal interventions have made the UK “one of the most unstable economies” for energy investments.
Chevron veteran of 31 years, Peter Blake, was honoured Outstanding Contribution Award at the Subsea Expo Awards last night.
North Sea minnow Ping Petroleum has criticised the UK government's windfall tax and decried "out of alignment" regulators overseeing the industry.
Centrica has said it could keep its Rough gas storage field running for 40 more years through fresh investment.
Industry leaders have accused politicians of scaring off energy investment and growth by turning the sector into a “pariah”.
Energy bosses have stressed the significance of the subsea industry in pinpointing a solution that allows carbon storage and offshore wind to coexist.
NASA’s Innovative Advanced Concepts (NIAC) program has awarded Wood (LON: WOOD) and Lunar Resources design lead on a potential pipeline on the moon.
A senior government trade official hailed decommissioning as “one of the UK’s greatest strengths” during an industry conference yesterday.
A piece of shrapnel from the sabotaged Nord Stream pipeline is on display at Aberdeen’s Subsea Expo alongside the ROV that captured the first footage of the damage.
It is likely the UK will fall short in its quest to have 50 gigawatts (GW) of operational offshore wind by the end of the decade.
For those attending Subsea Expo today, the first thing you may see when entering the hall is a T-Rex head mode out of hundreds of washers that have been fused together.
Subsea Expo, the global underwater showcase in Aberdeen, is set to return to pre-pandemic numbers this year, with more than 6,000 visitors expected.
Global Underwater Hub has announced that registration for Subsea Expo 2023, its annual showcase of underwater technology, has opened.
Organisers or Subsea Expo 2022 have hailed the event as a major success after the three-day conference in Aberdeen came to a close.
Hundreds of people gathered in Aberdeen on Wednesday night to celebrate the achievements of companies and individuals in the UK underwater sector.
The spread of offshore wind farms in Scotland could dent a key Shetland net zero project, which is working to decarbonise nearby oil and gas assets.
Oilfield services companies have shown considerable resilience in the wake of the pandemic, but mergers and acquisitions (M&A) activity will increasingly be guided by investors’ ESG appetite, Subsea Expo delegates heard.
Global Underwater Hub (GUH) chief executive Neil Gordon has backed the UK's blue economy to grow exponentially in the coming years.
Scotland will take “more than its fair share” of a surging Blue Economy opportunity, which is expected to be worth $3 trillion globally by 2030, the Scottish trade minister has said.
Greater collaboration between the offshore energy and defence sectors could unlock lucrative opportunities for the underwater industry.
“You would like to think it was good planning,” joked Neil Gordon, chief executive of the Global Underwater Hub (GUH), “but I think it’s just fortunate that, at the moment, it looks as if everything has landed well for us.”
Leaders from government, offshore energy, renewables, defence and aquaculture will gather in Aberdeen later this month for a much-anticipated conference.
A list of finalists for the prestigious 2022 Subsea Expo awards has been released.