Subsea UK kicks-off

Subsea UK will hosts its biennial conference, Subsea Asia, in Malaysia this week, beginning 11 June. 

With the Malaysian government recently approving new incentives for exploration activity in more challenging deepwater fields, Neil Gordon (pictured), chief executive of Subsea UK, says this focus will not only place subsea at the heart of Malaysia’s renewed growth, but open up even more opportunities for Scottish companies.

“Malaysia is keen to establish itself as the forefront of the Asian oil and gas market by 2017 with operators anticipating investments of almost £12 billion in the region’s subsea capabilities and hardware over the next three years," he said. "Scottish companies are ideally placed to provide Malaysia with higher levels of technology, improved safety standards and engineering expertise - areas in which Scotland excels – as well as grown the £9bn revenue for the sector. ”

Another emerging area is sensor technology. During the 2-day Subsea Asia Exhibition, which follows on from the conference, companies attending will be able to find out more about the technologies which are being developed in Scotland at a lunchtime seminar.

Neil Oakes, chairman of the Society for Underwater Technology will open the conference, followed by keynote speaker Emry Hisham Yusoff, senior general manager of Petronas.  Delegates will also hear from Kian Zi Chew, senior analyst at Douglas Westwood, who will discuss the outlook for the Asian oil and gas industry. SMD, Tracerco, Technip, FMC Technologies and GE Oil & Gas will also give presentations at the event which will focus on applications for new and existing subsea technology and how companies can apply global best practice to the Asian market.