There’s not a quick fix solution to the range of issues currently facing the subsea industry. Short–term measures and knee-jerk cost-cutting may have worked in previous downturns, but this time we must take a long-term approach and implement fundamental changes that will deliver lasting results.
The entire oil and gas industry must transform the way it goes about its business if there is to be a viable future.
Subsea Expo 2016 will launch tomorrow in Aberdeen with 5,000 people signed-up for the three day event.
There’s not a quick fix solution to the range of issues currently facing the subsea industry.
Firms are being encouraged to set their sights on increasing business exports in a bid to sustain long-term growth. Industry body Subsea UK has widened its Global Opportunities programme during Subsea Expo next month.
The head of industry body Subsea UK has urged the oil and gas industry to take action to now to safeguard the future of the UK’s £9billion subsea sector.
A new initiative being led by Subsea UK is aiming to create an educational link between industry and pupils in the classroom. Education chiefs have been working with the industry body to create a unique resource which could capture the interest and imagination of primary pupils in science subjects. It includes the Subsea Channel which offers pupils the chance to visualise some of the work done in a number of ways in the North Sea.
Companies in the south of England will find out how the £9billion subsea sector has revolutionised the way in which hydrocarbons are extracted since the late seventies when industry body, Subsea UK brings its fundamentals workshop to London for the first time this week.
UK subsea companies will be heading a trade mission to Mexico to match British expertise with the requirements of the country's emerging oil and gas sector.
The collapse of subsea contractor Ceona was greeted with dismay by the chief executive of industry body representing the sector.
Subsea UK has launched a new support service to bring fresh, young talent into the subsea sector by making it easier for businesses to recruit apprentices.
Oil and gas industry experts are being urged by Subsea UK to get together and share their thoughts on the current and future challenges for the sector at next year’s Subsea Expo.
Industry experts are being urged to step forward and lead discussions on subsea challenges at next year’s Subsea Expo.
The north-east subsea community is to hear how processing can increase production and prolong the economic lifetime of a field. At an event organised by Subsea UK, the Aker Solutions seminar in Aberdeeen will address oil recovery solutions, water injection technology and subsea power systems.
Subsea UK has launched a new market intelligence service for subsea companies. The industry body, which represents the UK’s £9billion subsea sector, has developed SubseaIntel – an online database which provides regularly updated details on almost 1,200 subsea projects worldwide. Subsea Intel allows users to delve deeper into current projects across the globe and discover upcoming opportunities using intensively researched data. Users will be given a unique and secure log-in to search for, track and monitor global subsea discoveries and projects.
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.
Energy services firm Proserv was crowned company of the year at an awards ceremony celebrating outstanding achievements in the UK subsea industry last night. The gala Subsea UK Business Awards was attended by over 850 people at the Aberdeen Exhibition and Conference Centre (AECC) following the first day of the industry body's annual conference. Judges for the awards scheme hailed "key milestones" for Proserv in the last 12 months, including a series of high-profile contract awards across the globe, expanding its manufacturing facilities and launching a "game-changing" subsea technology.
Subsea technology is being forced to raise the bar as a direct response to rising production costs and declining oil prices, according to Subsea UK chief executive Neil Gordon. His remarks come ahead of next week's Subsea Expo which will see 200 exhibitors showcase the latest innovation in technology. The boss of Subsea UK admitted that last year’s celebration of huge growth is in stark contrast to the situation the industry finds itself in now.
A drive to boost the UK's oil and gas subsea sector has taken a major step forward.