It was during the 2016 Offshore Technology Conference in Houston that Energy broke the news that M2 Subsea was being put together to compete in the ROV (remotely operated vehicle) and related services marketplace.
Subsea UK’s chief executive said North Sea operators and suppliers need a relationship based on “trust, respect and value” if they are to accelerate the sector’s recovery.
As UKCS capital investment continues to collapse – the 2017 forecast is £5.7billion – and backlogs evaporate, pressure on the subsea community remains intense. Jeremy Cresswell caught up with Subsea UK’s CEO Neil Gordon.
Innovative oil and gas technologies and the research capabilities of Scottish Universities will be highlighted at this week's Subsea Expo by the Oil & Gas Innovation Centre (OGIC).
When looking at oil price trends over the years since the 1920s, it becomes apparent that apart from the cyclical spikes every few years, $100 plus was never going to be the norm. However, we became complacent in that unprecedented period of sustained, high oil price and the thought of living in $50 - $55 oil seemed unthinkable in 2014.
Almost 7,000 visits were made to Europe’s largest subsea event, Subsea Expo, held in Aberdeen this week, despite the industry facing its toughest year ever.
I’ve just taken my last walk-around this year’s Subsea Expo and chatted to some very weary exhibitors who are in the process of dismantling their stands and looking forward to putting their feet up.
Friday was "future day" at Subsea Expo in Aberdeen as the event welcomed school pupils and students to the show in an effort to entice the next generation of talent to join the sector.
Each week, Energy Voice pulls together the Friday Five. This week, guest editor Neil Gordon, chief executive of Subsea UK chooses his top stories from the past five days.
JDR chief executive David Currie believes committing to the next generation of talent will ensure innovative technology leads the way in the oil and gas industry.
Scottish research and development company PhotoSynergy Ltd (PSL) has won work with a North Sea operator for the first time, using its Lightpath technology in diving operations.
Bad vibes were outlawed on N-Sea’s stand at Subsea Expo yesterday.
Roddy James, the energy service firm’s chief operating officer, came up with the idea of having a “swear box” as a tongue-in-cheek remedy to the air of negativity in the north-east.
Mr James said: “We talked about it earlier doors and decided if anyone comes onto the stand and is negative we’re going to make them pay into the fine box, hoping by the end of the day it won’t be full.”
GE Oil and Gas demonstrated a clear example of the kind of collaboration the industry has been calling for with the launch of its latest high-performance wellhead system at this year's Subsea Expo in Aberdeen.
Brazil will remain an attractive location for the UK’s subsea sector despite the Zika virus outbreak and the Petrobras corruption scandal, an independent consultant from the South American country said yesterday.
Daniella Carneiro was speaking on the sidelines of Subsea Expo in Aberdeen, where a new initiative was launched to improve links between UK and Brazilian subsea firms.
Ms Carneiro, a London-based director of Chartham Consulting, said UK Trade and Investment and the Brazilian Science and Technology Ministry had produced a catalogue which lays out information about subsea firms from both countries.
Unlocking untapped oil reserves in small pools in the UK North Sea could land as a $20 billion prize for the oil and gas industry according to a senior executive.