A £31 million base that will put the north-east of Scotland at the forefront of subsea oil and gas technology development and training was officially unveiled yesterday.
Scotland and a Japanese organisation will stump up funds totalling £15million for joint research projects focusing on subsea technology.
Subsea technology provider Forum Energy Technologies (UK) has unveiled one of the largest test tanks in north east Scotland and received industry accreditation for the calibration laboratory at its new European Operational Centre in Aberdeen.
Subsea technology giant FMC Technologies has appointed Douglas Pferdehirt, as its new president and chief executive.
The subsea sector is entering a third stage of development, with increased automation, digitalisation and smart technology playing a far bigger role, according to a new report published by DNV GL.
With an estimated 70% of the world's mineral deposits located under the ocean, subsea technology developed in the oil and gas sector could help open up the potential of submerged mining.
Leaner, meaner technology and common global practices are crucial for the future sustainability of the subsea industry, according to one north-east boss.
Interest by oil companies in investing in UK waters shows no signs of slowing down, according to professional service firm Deloitte.
Oil & Gas UK and Subsea UK are expecting up to 100 delegates at their forthcoming seminar focused on securing a safe and sustainable future for the subsea industry.
NORTH-EAST subsea technology and service company Triton Group is transferring the production of specialist equipment from Florida to Texas.