Following “big consolidation activity” within the subsea industry in 2016 and 2017, slowed merger and acquisition action in 2018 has created challenges for the sector, according to Mike Beveridge, managing director at energy investment banking firm Simmons Energy…
Aberdeen-based production optimization specialist Enpro Subsea announced that the £1.5 million investment project in its Flow Intervention Services (FIS) technology, which included a £755,000 research and development grant from Scottish Enterprise…
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…
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…
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…
Quietly, but surely, high-pressure, high-temperature expertise is being developed on the UK Continental Shelf. Elaine Maslin sets out the detail. Action on Alder. Photos from Airborne. The North Sea’s latest high-pressure…
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…
'2012-14 was very buoyant. 2015 was exceptionally hard and 2016 was painful,' and there's little by way of good news until 2018-19, Subsea Expo, being held in Aberdeen this week, was told this morning (1 February). Image…
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…
Subsea Technology & Rentals (STR) will release their SeaGamma Flooded Member Detection System at Subsea Expo Exhibition 2017. Gamma Flooded Member Detection (FMD) is used for the inspection and monitoring of subsea structural members for the detection of water ingress…
Webtool, a hydraulic cutting tools provider, will highlight its latest cable gripper and retrieval tools, and electrically operated subsea cutters at Subsea Expo 2017. The stand will feature the Webtool cable gripper, which allows the…
With more than 3 billion boe up for grabs, the race is on to find ways to unlock the remaining oil and gas in around 350 unsanctioned, and largely marginal, UK Continental Shelf discoveries. Emma Gordon reports on the latest developments…
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…
Oil & Gas UK has launched new guidelines, aimed at simplifying subsea developments. Realizing the potential of the North Sea’s “small pool” reserves could be helped by its guidelines, Oil & Gas UK says. The launch follows a call…
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…
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