Plan to turn surplus oil rigs into floating missile bases
Naval architecture group Gibbs & Cox has floated a plan to convert old oil rigs into missile defence platforms and resupply bases.
defence
‘Definite’ rise in defence investors interested in energy following Russia’s Ukraine attack
An energy entrepreneur says there are “definitely” more defence investors interested in the sector following Russia’s invasion of Ukraine, launched a year ago today.
GUH: Major projects await but subsea sector needs more visibility
Global Underwater Hub CEO Neil Gordon says the subsea sector needs clearer visibility on major projects in wind, oil and gas and defence.
Scotland will secure ‘more than its fair share’ of $3 trillion Blue Economy boom
Scotland will take “more than its fair share” of a surging Blue Economy opportunity, which is expected to be worth $3 trillion globally by 2030, the Scottish trade minister has said.
Wood takes $100 million hit from legacy Aegis Poland contract
Wood (LON: WG) expects to take a one-time $100 million charge in relation to a legacy Amec Foster Wheeler defence contract, Aegis Poland.
Infrastrata appoints former First Sea Lord to board of directors
Infrastrata has added Sir Jonathan Band, the former First Sea Lord and chief of staff at the Royal Navy, to its board of directors.
OGA director ‘confident’ of backing for sector deal and underwater hub this year
An industry leader has said he is "confident” of securing government backing for a sector deal and a global underwater "hub" in Aberdeen this year.
Hydro Group hails defence contracts while subsea has ‘long, hard slog’ ahead
Hydro Group has hailed growth thanks to work in the defence sector but said the subsea industry it operates in still has a “long, hard slog” ahead.
Subsea hub vision goes beyond oil and gas
Plans for a multi-million-pound global underwater engineering “hub” in Aberdeen could see the Granite City become the focal point of UK expertise in renewable energy acquaculture, defence and oil and gas subsea technologies, it emerged yesterday.