defence

Subsea Expo

Scotland will secure ‘more than its fair share’ of $3 trillion Blue Economy boom

22/02/2022

By Allister Thomas

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.

Markets

Wood takes $100 million hit from legacy Aegis Poland contract

22/02/2022

By Allister Thomas

Wood (LON: WG) expects to take a one-time $100 million charge in relation to a legacy Amec Foster Wheeler defence contract, Aegis Poland.

Other News

Infrastrata appoints former First Sea Lord to board of directors

11/08/2021

By Allister Thomas

Infrastrata has added Sir Jonathan Band, the former First Sea Lord and chief of staff at the Royal Navy, to its board of directors.

North Sea

OGA director ‘confident’ of backing for sector deal and underwater hub this year

29/05/2020

By Allister Thomas

An industry leader has said he is "confident” of securing government backing for a sector deal and a global underwater "hub" in Aberdeen this year.

Oil & Gas

Hydro Group hails defence contracts while subsea has ‘long, hard slog’ ahead

26/09/2019

By Allister Thomas

Hydro Group has hailed growth thanks to work in the defence sector but said the subsea industry it operates in still has a “long, hard slog” ahead.

North Sea

Subsea hub vision goes beyond oil and gas

06/05/2019

By Keith Findlay

Plans for a multi-million-pound global underwater engineering “hub” in Aberdeen could see the Granite City become the focal point of UK expertise in renewable energy acquaculture, defence and oil and gas subsea technologies, it emerged yesterday.