A report by the Global Underwater Hub (GUH) released today has emphasised the strength of the UK supply chain but warns a continuing lack of project surety is impeding necessary investment.
Saipem (MI:SPM) shares have plunged around 70% from July 11 after the company acknowledged demand for additional shares was less than expected.
Leaders from government, offshore energy, renewables, defence and aquaculture will gather in Aberdeen later this month for a much-anticipated conference.
Construction workers have broken ground on new purpose-built facilities in Ellon, Aberdeenshire, for subsea contractor Film-Ocean.
It may seem an unlikely link but advances in racing sails have given a team of marine robotics experts at Innovo inspiration in their quest to help reduce carbon emissions from some vital energy industry activities.
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.
If the rising cost and environmental pressures experienced by the oil and gas exploration sector this year have shown us anything, it is this: it is time to make the impossible affordable.
Blue Ocean Seismic Services (BOSS) has won £10 million of backing from a range of companies including BP Ventures, Woodside Energy and Blue Ocean Monitoring.