The renowned UK subsea industry has lost 20% of its capability due to recent oil downturns, according to a membership body - and there's an urgent need for joined-up thinking to deliver on the "tsunami" of energy transition opportunity ahead.
Scotland will take โmore than its fair shareโ of a surging Blue Economy opportunity, which is expected to be worth $3 trillion globally by 2030, the Scottish trade minister has said.
Scottish Government ministers have been challenged to set out how they will spend a ยฃ500 million energy transition fund to help the north-east shift from fossil fuels.
โYou would like to think it was good planning,โ joked Neil Gordon, chief executive of the Global Underwater Hub (GUH), โbut I think itโs just fortunate that, at the moment, it looks as if everything has landed well for us.โ
After nearly two years in which we have all faced challenges operationally, economically, and personally, there is much to look forward to for the underwater sector in 2022 and we prepare for the new year with confidence. There is much to be optimistic about in terms of the energy transition and the blue economy.
Organisers of Subsea Expo said today they had made the โdifficult but sensibleโ decision to call off this yearโs event due to the worsening of the Covid-19 pandemic.
Europeโs largest underwater engineering event, Subsea Expo, is shaping up to what could be the sectorโs first, large scale exhibition and conference following lockdown where delegates will be able to meet and network face to face.
A boss at Baker Hughes has hailed the "innovative atmosphere" and "pioneering spirit" on show at this year's Subsea Expo conference and exhibition in Aberdeen.
Officials from Mozambique have showcased the level of investment in the prolific Rovuma basin in a bid to attract the expertise of North Sea companies to its supply chain.
Subsea Expo 2020, set to be the biggest in the eventโs 15-year history, has today announced its programme of speakers for the conference which will see 70 industry professionals take to the stage at P&J Live on 11-13 February 2020.