UK firms are being invited to take part in a trade mission to Brazil which will showcase new innovations in subsea technology.
Like the majority of the work the UK underwater engineering industry carries out, its contribution to the economy has been largely hidden from view nationally.
The past, present and future of the subsea industry will be discussed at an event near London next month.
As I reflect on the first couple of days at the Global Wind Summit in Hamburg, the two main considerations are the sheer scale of the opportunity in offshore wind and the similarity of the challenges now facing this industry as it moves into a more mature phase.
A landmark “sector deal” would be worth a massive £1trillion to UK oil and gas companies over the next 17 years, an industry chief said yesterday.
A North Sea industry chief has said 2018 would still be tough for UK subsea service companies, despite a positive start to the year.
UK subsea service companies will have a chance to broaden their horizons at the sector’s main annual conference and exhibition.
Hydro Group, of Aberdeen, and Ian Donald, managing director at Westhill-based Enpro Subsea, were hailed as stars of the UK subsea sector at an awards ceremony in the north-east last night.
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.
Industry body Subsea UK is urging firms to embrace the “new norm” in order to safeguard their future.
Today yet more individuals and their families have woken up to uncertainty and turmoil as further job losses were announced in our industry yesterday.
Representatives of the UK's beleaguered subsea industry are taking their plight to Westminster tomorrow to urge policy makers to do everything they can to protect the sector.
Industry body Subsea UK is leading a delegation of high profile subsea leaders from companies across the country’s supply chain to Westminster on Wednesday to urge MPs to do all they can to protect the £9billion subsea industry.
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.
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.
The entire oil and gas industry must transform the way it goes about its business if there is to be a viable future.
There’s not a quick fix solution to the range of issues currently facing the subsea industry.
“The problem that the UK had was realised before we had this oil price crash,” Gordon said. “Our costs were spiralling out of control; the writing was on the wall, but we didn’t do much about it as an industry. The drop amplified and compounded those problems.”
Firms are being encouraged to set their sights on increasing business exports in a bid to sustain long-term growth. Industry body Subsea UK has widened its Global Opportunities programme during Subsea Expo next month.
The head of industry body Subsea UK has urged the oil and gas industry to take action to now to safeguard the future of the UK’s £9billion subsea sector.
The collapse of subsea contractor Ceona was greeted with dismay by the chief executive of industry body representing the sector.
Oil and gas industry experts are being urged by Subsea UK to get together and share their thoughts on the current and future challenges for the sector at next year’s Subsea Expo.