Theresa May will today announce UK Government backing for a multi-million-pound Aberdeen underwater engineering hub to help the oil industry diversify into green energy.
A subsea consultancy has announced the creation of 10 new Aberdeen jobs after raising £500,000 from investors.
Malin React, a newly launched arm of Malin Group, has appointed industry expert Graham Penman to head up its operation in Aberdeen.
Engineering group Tekmar has acquired 80% of a renewables and subsea consultancy – for just £2.
A Nasa engineer has said Scotland’s growing space sector can work “hand in hand” with the subsea industry.
Back in the day – the late ’ 90s – a project called the Zero Surface Facilities Initiative was set up between a collection of operators and contractors known as the Atlantic Margin Joint Industry
North Sea tides are powering growth and investment in an award-winning Aberdeen-headquartered firm, according to the company’s business development chief.
The UK’s £7.5 billion subsea sector needs to shed its “master and servant mindset”, an industry veteran said yesterday.
Life is looking up on the subsea front.
Two years ago, following fantastic collaborative efforts from 70 people in 31 companies, Oil & Gas UK’s Efficiency Task Force (ETF) team published the first Subsea Standardisation guidelines and the signs are they’ve been put to good use.
London-based subsea consultancy firm Agiletek has announced a bumper year increase in sales and clients, inking £1 million in new deals in 2018.
Remotely-operated vehicle (ROV) company Rovop, of Westhill, Aberdeenshire, is celebrating bumper sales.
Rovco will triple its workforce and launch a new subsea surveying system after securing a £1.2million investment.
Subsea engineering and training company Jee has moved offices in Aberdeenshire as it continues to grow and expand its workforce.
I was saddened to learn of the death of Ken Forrest who, in my days as energy minister, was head of the oil and gas division of what was then known as Trade Partners UK.
I don’t like spin. Never have and never will. Consequently I get really annoyed when people talk about the success of the UK subsea industry. Brits seem to have a thing about claiming ownership of something simply because it’s based here. It’s a bit like Ford motor cars. We – not me obviously – think of it as British because it’s been here since the 1930s or maybe earlier. It isn’t. It’s American. Always has been, always will be.
Aberdeen-based Xodus Group is undertaking an international study to determine the strength of the Scottish subsea market.
Subsea firm Rovco has announced that it has managed to secure Innovate UK funding to develop a 3D visualisation project as part of a potential £1million AI demonstrator venture.
The subsea sector is still clawing its way up from the bottom of the market curve, according industry veteran Neil Saunders
The Aberdeen-based Rotech group of businesses is carving out a niche for its subsea excavation business in the renewable-energy market.
The biggest subsea and drilling challenge is trying to strike a balance in capacity versus capability of the workforce, according to a GE Oil & Gas boss.
Exxon Mobile has been given consent to extend the lifetime of its Sigyn field activities.
Proserv has launched a new subsea sampling cylinder.
Major subsea player Emas Chiyoda (ECS) has filed for chapter 11 bankruptcy.
Energy service firm Subsea 7 has calculated that it could have saved more than £130,000 on a project if it had cut back on documentation.