JDR chief executive David Currie believes committing to the next generation of talent will ensure innovative technology leads the way in the oil and gas industry.
A sonar company has been able to bring its technology closer to market with the backing of Heriot Watt University.
Enpro Subsea has bucked the trend growing from a small company of just five employees to 30 staff in just three years.
Brazil will remain an attractive location for the UK’s subsea sector despite the Zika virus outbreak and the Petrobras corruption scandal, an independent consultant from the South American country said yesterday. Daniella Carneiro was speaking on the sidelines of Subsea Expo in Aberdeen, where a new initiative was launched to improve links between UK and Brazilian subsea firms. Ms Carneiro, a London-based director of Chartham Consulting, said UK Trade and Investment and the Brazilian Science and Technology Ministry had produced a catalogue which lays out information about subsea firms from both countries.
Data from the HSE (Health and Safety Executive) has shown more than a third of piping and pipeline failures are caused by vibration, erosion and corrosion.
For many companies in the subsea sector, 2015 was a painful year marked by a focus on cost reduction. Among the many challenges for businesses was the requirement to reduce capital spend alongside operational expenditure with nothing being immune from cuts. Within this environment staff costs are a significant outgoing for any company, but for an industry that relies on a highly skilled workforce, huge cuts in staff numbers could mean a severe depletion in the skills base come the hoped for up-turn.
Take a look back at some of Energy Voice’s most watched videos from the past year.
Industry experts are being urged to step forward and lead discussions on subsea challenges at next year’s Subsea Expo.
The UK energy sector’s attempts to pull itself out of the mire are being hindered by a lack of collaboration, urgency, and boldness, industry leaders said at Europe’s largest subsea event yesterday.
Research unveiled at Subsea Expo 2015 has analysed the subsea sector market over the next four years. Infield Systems Limited unveiled their analysis, which revealed subsea tree orders for the first three quarters of 2014 were substantially lower than industry expectation. In the short term, the energy analyst company said oil price volatility would add additional uncertainty to the market.
As the Subsea Expo kicks off in Aberdeen this week Neil Gordon, chief executive of Subsea UK, has taken up the role of Energy Voice’s guest editor. Follow along each day as he spells out the challenges and triumphs the industry faces.
Aberdeen energy services firm FlexTech said yesterday it had tied up deals worth more than £250,000 so far this year, shaking off the effects of an industry-wide malaise.
Record numbers from across the global offshore oil and gas industry are expected to attend Subsea Expo 2015 in Aberdeen this week. Europe’s largest annual subsea conference and exhibition showcases the expertise and technology of a UK industry generating about £9billion in revenue annually and supporting around 60,000 jobs. More than 6,000 people are registered to attend the event, organised by trade body Subsea UK, which takes place at Aberdeen Exhibition and Conference Centre from Wednesday to Friday.
From travelling by hoverboard to colonising Mars – predicting how the future will go is a notoriously difficult affair that is influenced by any number of factors. For younger people, having to make a decision at a relatively early age on their career path, it may not quite involve looking into a crystal ball but it is still a challenge to decide which journey to embark on without understanding how to get there. Inside Industry, which supports students all over the country, was set up with this in mind as an online tool providing a total overview of jobs available in the energy industry and, crucially, the different entry routes into these posts.
The chief executive of Subsea UK said next year’s event will allow the sector to address some of the on-going challenges within the industry. The event will be held in Aberdeen in February and expects to attract more than 6,000 delegates and around 200 exhibitors. Neil Gordon said there were “challenging times” ahead caused by the drop in commodity price and spiraling costs.