A planned global underwater engineering hub in Aberdeen could be launched as early as next year after Westminster announced more than a million pounds worth of support.
Industry body Subsea UK is urging firms to embrace the “new norm” in order to safeguard their future.
The talent and success of the north east's subsea industry were celebrated at Subsea UK's seventh annual business awards last night.
Neil Saunders, senior vice president, products and projects, GE Oil & Gas Subsea Systems, said: "Growth in the subsea industry is outstripping other energy sectors and we believe this is just the beginning.
It's not long since Subsea UK CEO Neil Gordon and his team moved out of Aberdeen's Science and Energy Park and Bridge of Don to Surf City (aka Westhill) to immerse themselves in the world-class subsea community that has made its home there these past few years.
Subsea UK has announced the shortlist of finalists for the 2013 Subsea Business Awards.
New technologies aimed at helping the subsea industry overcome the many challenges it faces go on show in Aberdeen next month.
Leaner, meaner technology and common global practices are crucial for the future sustainability of the subsea industry, according to one north-east boss.
New signs were unveiled at Westhill yesterday, proclaiming the north-east town's status as a global centre of subsea excellence.
A Moray recruitment event for ex-military personnel has been hailed as a resounding success for helping attract skilled people into the subsea industry.
Thousands of UK and overseas delegates will be attending Europe's largest subsea event in Aberdeen this week.
Europe's largest subsea event, Subsea 2012, will feature a line-up of international delegates when it opens its doors on Wednesday, February 8, at Aberdeen Exhibition and Conference Centre.
Despite the subsea sector employing 50,000 people and being worth £6billion annually, Neil Gordon believes the industry does not get the recognition it deserves.
A SURVEY by NOF Energy, the business support organisation for the oil, gas, nuclear and offshore renewable-energy sectors, has found a buoyant mood within the industry.
Leading figures from the subsea industry will gather in Paris next month when Subsea UK hosts its annual Subsea Europe conference and exhibition.
ABERDEEN Marine-technology company Nautronix announced a new recruit to the board yesterday.
Entrepreneurial subsea companies have a real opportunity to seriously increase their value in the years ahead, according to Colin Welsh of Simmons and Company International.
LEADING industry figures will take to the podium at this year's Subsea 2011 conference in Aberdeen on Wednesday, February 9.
NEXT month's Subsea Europe conference and exhibition will focus on the issues of integrity and environmental management, particularly in highly sensitive environments such as the Barents Sea and Arctic regions.
THE National Subsea Research Institute (NSRI) has appointed Richard Neilson as academic research director.
The sixth annual North Sea Decommissioning Conference closed in Aberdeen yesterday after two well-attended days.
The National Subsea Research Institute (NSRI) today announced the recruitment of a further three leading companies.
When the chief executive of Subsea UK starts talking excitedly about the ground-breaking work being done in the sector, it is hard to not to be bowled over by the idea that recession-hit Britain has at least one industry going places.
THE body which champions Britain's subsea industry has met with HM Revenue and Customs to present the industry's concerns over proposed changes to seafarers' tax.