Subsea UK webinar series to highlight multi-billion pound floating wind potential
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.
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Virtual Tech Showcase: Removal of help for oilfield services exports may not hamper growth, analyst predicts
Plans to remove support for oilfield technology and services exports wont necessarily inhibit supply chain growth, according to an industry expert.
Asia Pacific offers plenty of subsea opportunities
The Asia Pacific region offers plenty of opportunities for the UK’s subsea engineering sector, both in the traditional oil and gas business, as well as the rapidly expanding renewable energy industry, reckons Subsea UK.
Plexus: Bilderbeek weighs fundraising options to ‘extend the runway’ for business
Plexus CEO Ben van Bilderbeek is weighing fundraising options to “extend the runway” for the business, which has been faced with years of losses but may now be on the verge of success.
Union hits back at ‘unsafe’ rota plan from Rever Offshore
A seafarers union has hit back at plans from Rever Offshore to continue an extended rota for workers which it claims is “unsafe”.
Subsea chief says ‘only the brave’ would make predictions about the sector’s future
Subsea UK chief executive Neil Gordon has said “only the brave” would make predictions about the sector’s future.
Updated: Union estimates 12,000 North Sea jobs lost and warns of worse to come
A trade union boss has warned predictions that 8,000 jobs have been lost in the oil and gas sector due to the latest downturn are likely to be very conservative.
Scottish start-up Mocean Energy raises £850K to bring wave power to subsea oil and gas
Scottish start-up Mocean Energy has raised £850,000 for a new technology to bring wave power to subsea oil and gas.
Subsea holds the key as TechnipFMC enjoys strongest quarter for orders
TechnipFMC enjoyed its strongest quarter of the year for new orders in the three months ended September 30, booking in $2.2 billion of new deals.
Ocean Installer appoints veteran Gillespie as new UK boss
Ocean Installer has appointed industry veteran Bob Gillespie as its new UK managing director.
ROV finds Nazi warship torpedoed by British sub off Norway 80 years ago
A subsea cable inspection has uncovered a long-lost Nazi warship, attacked by a British submarine off Norway 80 years ago.
Energy recruitment firm diversifies into … dentistry
A north-east subsea and marine industry recruitment firm is drilling into a completely different sector as part of its diversification drive.
TechnipFMC posts £2.4billion losses for first half of 2020
TechnipFMC has recorded pre-tax losses of £2.4bn for the first half of 2020 thanks to heavy write-downs of its oil and gas assets.
Neil Gordon: Let’s have some serious conversations about value
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.
Hiretech snaps up new offshore equipment as part of recent £600k investment
Aberdeen offshore rental firm Hiretech has announced it has acquired new equipment as part of a recent six figure investment in decommissioning equipment.
Aberdeenshire subsea firm Legasea targets new jobs and international expansion
New jobs are on the cards as an Aberdeenshire subsea equipment firm looks to international expansion, despite the Covid-19 pandemic.
Oceaneering puts 340 UK workers at risk of job cuts
Oceaneering has put more than 300 UK workers at risk of redundancy less than three months after opening a brand new regional headquarters in Aberdeen.
Offshore wind must mimic North Sea export ‘battles’ and ‘win them on a global stage’, Orsted boss says
Orsted’s UK boss last night called on the country’s offshore wind sector to pick export “battles” like to the North Sea oil and gas industry and “win them on a global stage”.
Scores of north-east workers face redundancy at Schlumberger subsidiary
Scores of workers are facing redundancy at a subsea equipment firm in Aberdeenshire following a drop off in work.
Rovco stakes claim in Scotland with new appointments to executive team
An energy service ROV firm has staked its claim in Scotland with a number of executive hires across its business in Edinburgh.
Subsea 7 worker trapped in Ghana due to Covid-19 left in ‘dangerous situation’
An offshore worker trapped in Ghana has accused bosses of placing him in a “dangerous situation” and not acting quickly enough to get him home to his disabled son.
TechnipFMC inks multi-million deal with BP in Angola
French oilfield services firm TechnipFMC has announced a multi-million pound deal with BP in Angola.
Exclusive: Halliburton-TechnipFMC merger could spell ‘inevitable’ North Sea job losses
North-east job losses are thought to be “inevitable” if a potential merger involving two offshore giants takes place, a union boss warned last night.
Tekmar’s business hit by ‘unpredictable and rapid’ effects of coronavirus
Subsea engineering group Tekmar has been forced to rollback its hopes of “record” revenues in 2020 due to the effects of the coronavirus.
Aberdeen firm Namaka Subsea rises to surface thanks to global reach
Forged in the bitter winds of the 2014 North Sea oil downturn, Namaka Subsea has built itself up from a two-man Aberdeen operation to a 20-strong team spread across three global offices.