With the oil price hovering around $80 and increasingly positive signs of an increase in activity, Neil Gordon, chief executive of Subsea UK, gives his prognosis of the U.K.’s subsea sector, which is worth £9 billion and supports 50,000 jobs…
Finalists for industry body Subsea UK's 2018 business awards have been unveiled. Some of the country’s most innovative and successful subsea businesses have made it on to the shortlist for the annual awards which seek to recognise companies…
Elaine Maslin profiles subsea organization National Subsea Research Initiative (NSRI) and its current work as it prepares for a change in leadership (first published in the January 2018 OE, access full issue here). Since its launch in 2014…
UK subsea industry body Subsea UK is working with Scottish Enterprise to promote research and development projects between Japan and Scotland, aimed at solving complex subsea challenges, particularly through use of digital technologies. The…
Industry stalwart David Pridden (66) passed away last weekend following a battle with cancer. Pridden became the inaugural CEO of industry trade group Subsea UK in 2004, several months after the organization was formed by Government and industry…
Sparrows Group has strengthened its leadership team with the appointment of Matt Corbin as its regional operations director for the UK and Europe to support the company’s continued growth in the oil and gas, renewables and industrial sectors…
Senior figures from Mexico’s national oil company Pemex have been discovering the secrets of the UK subsea sector’s success and how it has revolutionized the way in which hydrocarbons have been extracted from beneath the seabed during a fact-finding visit to Aberdeen…
British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK. Of the 300 member companies surveyed, 27% are predicting increasing exports by 50% or more in 2017…
The Subsea UK awards winners have been officially announced, following an awards dinner at the Aberdeen Exhibition and Conference Centre, during Subsea Expo – Europe’s largest subsea focused exhibition and conference. Hydro Group won the Subsea Company of the Year award…
Subsea technology and innovation goes on show today at this week's Subsea Expo, in Aberdeen. More than 5000 delegates are expected from all over the world at the annual subsea conference and exhibition, running today to Friday, this year themed - Adapting to the New…
With UK subsea exports valued at almost US$6.31 billion (£5 billion), Subsea UK is encouraging British firms to set their sights on international expansion to sustain long-term growth. The industry body is urging companies to strengthen trade partnerships across the globe…
Government agency Scottish Enterprise has revealed a new Subsea Engineering Action Plan with the aim of capturing an even bigger slice of the current £50 billion global subsea market. The news was announced as Scottish Government Minister for Business…
Steve Hall is to replace Bob Allwood as CEO of the Society of Underwater Technology (SUT) this April, following Allwood's retirement after seven years in the post. Hall has been chairman of the SUT's Education and Training Committee for…
Neil Gordon, chief executive of Subsea UK. When looking at oil price trends over the years since the 1920s, it becomes apparent that apart from the cyclical spikes every few years…
With a growing realization that lower oil and gas prices are here to stay, Subsea UK has urged the industry to embrace the ‘new norm’ to safeguard the future of the UK’s £9billion (US$11 billion) subsea sector. Image of Gordon…