Norway is a destination for growth, according to members of Aberdeen-based industry body Subsea UK.
A poll of its members in the lead-up to Offshore Northern Seas found nearly all said they thought exports of their products or services to the country would increase in the next 12 months.
Most already had business in the region, ranging from exports of less than £1million to more than £5million.
Specific opportunities highlighted were specialist engineering consultancy, instrumentation, new deepwater projects, subsea construction, power cables and decommissioning.
Neil Gordon, chief executive of Subsea UK, said: “Norway is clearly seen as a successful market with a wealth of opportunities for UK subsea companies, particularly over the next 12 months.
“With recent deepwater discoveries, such as the Johan Sverdrup field, the Norwegian continental shelf is a growing sector which British companies are increasingly becoming a part of.
“As a recognised testbed for cutting-edge technologies and a centre of subsea excellence, the UK subsea industry has a great deal to offer the market with demand for our know-how at an all-time high.
“There is significant potential for our expertise in the Norwegian sector with ONS providing the perfect opportunity to showcase the UK’s world-class subsea capabilities.”
The opportunity to do work in the Barents Sea was also seen as an opportunity by the firms polled.
Subsea UK will be taking part in a UK Trade and Investment reception on Friday as part of the show.