After a series of workshops designed to establish the key priorities facing the British subsea sector, the overwhelming response was that a trade body was essential in order to maintain the UK’s leading edge in a global industry with a then capital expenditure of £2billion.
Up to 5,000 delegates are now expected to attend Europe’s leading annual subsea conference and exhibition in Aberdeen next year.
The shop window for Britain’s £9billion subsea industry will now be known as Subsea Expo and will stretch to three days versus the prior two-day format.
Neil Gordon, chief executive of Subsea UK, talks to P&J Energy about the outlook for the sector and global opportunities for smaller UK companies. He was speaking at the record-breaking ninth annual Subsea show last week, held at the Aberdeen Exhibition and Conference Centre.
Global opportunities for UK companies were in sharp focus at a record-breaking ninth annual Subsea show in Aberdeen yesterday.
Aberdeen-based Ecosse Subsea Systems launched a new rigid pipelay system it has developed at Subsea 2013 yesterday.
A senior manager at oil firm Apache in Aberdeen said yesterday he expected continued growth in the North Sea's subsea sector but the industry needed to change the way it did business.
Two private equity backed subsea firms, ISS and Iremis Offshore, have been merged to create a new business - Harkand Group.
The talent and success of the north east's subsea industry were celebrated at Subsea UK's seventh annual business awards last night.
Aberdeen-based offshore energy service firm Specialist Subsea Services (S3) has more than doubled its turnover from £4.8million to £12million in the past year.
Aberdeen-based oilfield service firm Glacier Energy Services has appointed two new managing directors to lead a change in the structure of its business.
The top challenges for the North Sea oil and gas industry in the subsea sector have been outlined at Subsea 2013.
Growth in the subsea sector is here for the long term but UK firms in the industry are facing constraints and threats, a survey revealed yesterday.
Peterhead deck equipment specialist Maritime Developments (MDL) is launching a new piece of equipment at Subsea 2013 today.
Westhill-based subsea firm ROVOP said it had made a strong start to 2013 by picking up £3.5million of contracts in January and expanding its management team.
The market outlook for subsea continues to strengthen and build momentum.
Aberdeen-based Nautilus Rigging is launching a new range of its patented hook devices at Subsea 2013.
Britain is leading the global subsea industry but competition is fierce, according to industry leaders speaking at the first day of Subsea UK's annual conference today.
Neil Saunders, senior vice president, products and projects, GE Oil & Gas Subsea Systems, said: "Growth in the subsea industry is outstripping other energy sectors and we believe this is just the beginning.
Subsea integrity and project-management specialist Flexlife has been awarded a contract extension by Apache North Sea worth £5million.
North-east pupils and students are being invited to learn about the opportunities a career in subsea can bring, courtesy of the man who co-led the first scientific expedition to the Titanic.