Subsea Expo

Subsea Expo

Subsea Expo 2015: Award winners revealed

Energy services firm Proserv was crowned company of the year at an awards ceremony celebrating outstanding achievements in the UK subsea industry last night. The gala Subsea UK Business Awards was attended by over 850 people at the Aberdeen Exhibition and Conference Centre (AECC) following the first day of the industry body's annual conference. Judges for the awards scheme hailed "key milestones" for Proserv in the last 12 months, including a series of high-profile contract awards across the globe, expanding its manufacturing facilities and launching a "game-changing" subsea technology.

Subsea Expo

Subsea Expo 2015: Guest Editor Neil Gordon says get out there and do it!

11/02/2015

Get out there and do it! This was the message from leaders in the subsea industry today at the opening session of Subsea Expo. Operators Apache and EnQuest were joined by tier one subsea contractors Subsea 7 and Proserv in a rallying call for the industry to pull together and get things done, despite the concern over the decline in the price of oil. Collaboration and innovation will drive the industry forward. While over-engineering and aversion to risk are holding us back.

Subsea Expo

Subsea Expo 2015: Infield reveals subsea market outlook

11/02/2015

Research unveiled at Subsea Expo 2015 has analysed the subsea sector market over the next four years. Infield Systems Limited unveiled their analysis, which revealed subsea tree orders for the first three quarters of 2014 were substantially lower than industry expectation. In the short term, the energy analyst company said oil price volatility would add additional uncertainty to the market.

Subsea Expo

Subsea Expo 2015: Cambla unveils new subsea technology

11/02/2015

Since 2013 when it launched, independent project services consultancy Cambla, has exceeded its turnover target by more than 45%. The company has been nominated in the new enterprise category at the Subsea Expo 2015 awards in Aberdeen. Owner and project services manager, Alexander MacLeod, spoke to Energy Voice about their recent nomination and the launch of their Schedule Animation Tool (S.A.T).

Subsea Expo

Subsea Expo 2015: Guest editor Neil Gordon breaks down the subsea industry’s current climate

09/02/2015

The UK still boasts the single largest concentration of subsea capability and excellence in the world. Our challenge is to maintain that position in the face of the current drop in oil price and increasing global competition. This means we need to get better and quicker at developing new innovation and technology – which is a key theme at Subsea Expo this week.   The first half of 2014 saw our sector continue the upward curve we have enjoyed in recent years with most companies reporting strong order books. The growth wasn’t confined simply to the UK; our industry enjoyed expansion internationally with exports growing to almost 50% of our total revenues.   However, during the summer of 2014 we started to see a cooling off period that has been compounded by the drop in oil price.  We have also seen the dynamics changing in other parts of the global subsea market. Australia has perhaps peaked slightly and we have seen it cool off as it begins to move from a CAPEX intensive region into a more OPEX focussed operational area. We are starting to see a drying up of projects in Africa but Mexico’s energy reform last year will have a significant impact on companies in the Gulf of Mexico as its deepwater market begins to open up.    

Subsea Expo

Record numbers and international VIPs to descend on Aberdeen for Subsea Expo

09/02/2015

Record numbers from across the global offshore oil and gas industry are expected to attend Subsea Expo 2015 in Aberdeen this week. Europe’s largest annual subsea conference and exhibition showcases the expertise and technology of a UK industry generating about £9billion in revenue annually and supporting around 60,000 jobs. More than 6,000 people are registered to attend the event, organised by trade body Subsea UK, which takes place at Aberdeen Exhibition and Conference Centre from Wednesday to Friday.

Subsea Expo

Subsea Expo 2015: Getting young people involved in the sector

06/02/2015

From travelling by hoverboard to colonising Mars – predicting how the future will go is a notoriously difficult affair that is influenced by any number of factors. For younger people, having to make a decision at a relatively early age on their career path, it may not quite involve looking into a crystal ball but it is still a challenge to decide which journey to embark on without understanding how to get there. Inside Industry, which supports students all over the country, was set up with this in mind as an online tool providing a total overview of jobs available in the energy industry and, crucially, the different entry routes into these posts.

Subsea Expo

Subsea Expo 2015: What to expect

06/02/2015

Subsea UK is focused on promoting the breadth of expertise and experience that sets the British subsea sector apart. The Subsea UK Awards are an opportunity to publicly recognise the talent and innovation demonstrated by both companies and individuals, while showcasing the new developments in technology that highlight why the UK is the world-leader in subsea. While the oil and gas industry enjoys a year round calendar of awards schemes, Subsea UK believed that there should be a dedicated celebration of the growth, excellence and talent demonstrated purely in the subsea sector and, in 2007, the inaugural awards were presented.

Subsea Expo

Subsea Expo 2015: Technology is raising the bar to meet the industry’s challenges

04/02/2015

Subsea technology is being forced to raise the bar as a direct response to rising production costs and declining oil prices, according to Subsea UK chief executive Neil Gordon. His remarks come ahead of next week's Subsea Expo which will see 200 exhibitors showcase the latest innovation in technology. The boss of Subsea UK admitted that last year’s celebration of huge growth is in stark contrast to the situation the industry finds itself in now.

Subsea Expo

Subsea Expo 2015: Cost-cutting technologies to be showcased

Companies with technologies that can cut the cost of oil and gas production will be highlighted in a new showcase at the subsea industry’s leading event this year. In an effort to demonstrate how recent innovations can help operators and oil services firms reduce costs, Subsea Expo will provide a platform for organisations to introduce, discuss and demonstrate their latest innovations. Chaired by Dr Gordon Drummond, project director for the National Subsea Research Initiative (NSRI), the session will give a dozen companies ten minutes in the spotlight to outline their innovation and potential applications.

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