Opinion: A technology strategy for our times


Technology innovation is going to play a critical role in the next chapter of oil and gas recovery from the UK continental shelf (UKCS) and in driving export growth in our UK-based supply chain.

Oil & Gas

Rovop adds to collection of ministerial visits – and hails $4m of new business

Aberdeen-based remotely operated vehicle (ROV) service provider Rovop has announced over $4million (£3million) of contract wins spanning the North Sea, Gulf of Mexico, West Africa and Europe. The company, which was visited by Greg Clark during his first visit to Aberdeen in his role as the Secretary of State for Business, Energy and Industrial Strategy, has been awarded several new contracts across the oil and gas and offshore wind sectors. The contracts are with several new clients across a number of sectors and include construction support, cable lay and protection, survey and inspection repair and maintenance (IRM).


READ Cased Hole hires manager to spearhead growth plans


Aberdeen downhole well integrity specialist READ Cased Hole (READ) has appointed its first ever global business development manager to spearhead the company’s expansion drive. The role has gone to Gavin Lindsay, who previously held director level positions with a major oilfield services company. READ, whose headquarters are in Bridge of Don, decided to create the position after being emboldened by a number of contract wins and technology launches earlier in the year.

Renewables/Energy Transition

Scottish university spin-out targets renewables market following six-figure investment


A Scottish university spin-out which makes sensors for detecting faults on electricity grids has scooped investments totalling £370,000. Synaptec plans to use the money to hire more staff members and break into the renewable energy and subsea markets. The batch of funding came from business angel syndicate Equity Gap, the Scottish Investment Bank, Scottish Enterprise, and Strathclyde University, where the company originated.


Opinion: Standing on the shoulders of giants


In the distant past of the year 1993, when I was but a wee scrap of a lad at eleven years old, I saw the future emblazoned in black and white print. An advert in the latest issue of 'Personal Computer World' shone out at me like a beacon, lighting the way to tomorrow - the Amstrad PenPad PDA600, a touchscreen PDA no bigger than a typical paperback book, with handwriting recognition, a stylus, and all sorts of glorious applications for storing data and keeping notes. I had to have it.

Renewables/Energy Transition

Technology created by Aquamarine goes up for sale


Technology developed by wave energy company Aquamarine Power has been put up for sale as its administrators try to recoup some of the £90 million invested in the business. Graham Newton and James Stephen from accountancy firm BDO were appointed as administrators of the Edinburgh-based company in October. They were asked by its directors to find a buyer or investors for the business, but a month later in November no offers were on the table and so the firm ceased trading, with the loss of 13 jobs in Edinburgh and one in Belfast.

Oil & Gas

Technology firm wins £1.2million Scottish Government grant

An Aberdeen technology firm has won a £1.2million Scottish Government grant to develop an innovative subsea power generation system. East Coast Oil and Gas Engineering (ECOG) has invested £3.9million in the autonomous electrical power technology which has been designed to reduce the cost of repairing or replacing umbilicals after all-too common power failures.