Trade body Subsea UK has entered into a partnership with its counterpart in the electronics industry to unlock untapped opportunities.
Subsea UK is to host a new virtual TV debate style event to highlight opportunities in the energy transition and the blue economy.
Subsea industry chief Neil Gordon says exemptions to the UK Government’s new policy on fossil fuels projects abroad shows the sector's concerns had been heeded.
Plans for a new Global Underwater Hub for subsea engineering, led from Aberdeen, has been allocated £6.5million of Scottish Government funding.
An industry chief is optimistic that government policies axing support for fossil-fuel-related export activity still give scope for the oil sector to “have its cake and eat it”.
The potential for subsea companies to benefit from the forecasted floating offshore wind boom will be explored in a three-part webinar series starting next week.
Organisers of Subsea Expo said today they had made the “difficult but sensible” decision to call off this year’s event due to the worsening of the Covid-19 pandemic.
Technical and business professionals are being offered the chance to further develop their knowledge of the green energy market.
Subsea companies across the UK are reporting an improved outlook for the industry with fewer anticipated redundancies, greater optimism and new geographical markets.
Subsea UK is spearheading a drive to showcase the capabilities of, and opportunities for, the underwater engineering sector in the North-east of England.
Subsea UK chief executive Neil Gordon has said “only the brave” would make predictions about the sector’s future.
Its bold, it’s ambitious and it’s also been warmly received by most stakeholders including industry and even environmental groups. The UK Government’s 10 point plan covers clean energy, transport, nature and innovative technologies in its quest to create jobs and achieve net-zero by 2050.
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.
Subsea engineering firms could beef up their research and development budgets with the help of a new practical support programme.
Organisers of Subsea Expo have opted to postpone the 2021 showcase due to the recent tightening of Covid-19 restrictions.
Subsea firms are being urged to consider “huge” opportunities in Scotland’s fast-growing aquaculture industry.
A snapshot survey of the UK’s £7.8 billion subsea supply chain has revealed smaller firms in the underwater engineering industry are cautiously optimistic about the next six to 12 months.
Opportunities for the UK’s underwater engineering industry to capitalise on the global “blue economy” will be the focus of next year’s Subsea Expo, in Aberdeen, it has been announced.
Europe’s largest underwater engineering event, Subsea Expo, is shaping up to what could be the sector’s first, large scale exhibition and conference following lockdown where delegates will be able to meet and network face to face.
In between the Teams and Zoom calls, which now fill our days, and the odd webinar or two, it’s becoming increasingly evident that the oil and gas industry needs to have some serious conversations about value.
Subsea technology and service firms could turn their backs on oil and gas work if customers keep heaping pressure on margins, an industry chief has warned.
Industry chiefs said the Scottish Government’s £62 million cash pledge to the energy sector was a nod to the “tremendous scale and potential” of subsea engineering and technology.
There is “hope” for a return of subsea project activity in UK waters next year and in 2022, a market analyst has said.
An industry leader has said he is "confident” of securing government backing for a sector deal and a global underwater "hub" in Aberdeen this year.
Subsea UK has invested in its market intelligence product, SubseaIntel, so that its members can access all the latest global opportunities when the economy starts to recover from the coronavirus pandemic.