Glasgow subsea survey firm Sulmara secures £15m investment
Glasgow-headquartered subsea firm Sulmara has secured a £15 million investment from equity investor BGF.
Glasgow-headquartered subsea firm Sulmara has secured a £15 million investment from equity investor BGF.
Aberdeen-based energy storage specialist Verlume has teamed up with Swedish vertical-axis wind turbine developer SeaTwirl to electrify offshore oil and gas assets and decarbonise the oil and gas industry.
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.
Subsea services provider DeepOcean has completed a "significant" decommissioning project on the Dunlin Alpha platform.
HonuWorx, a subsea firm which plans to “radically upend” the multi-billion-dollar underwater economy, has committed its long-term future to Aberdeen.
A major report delivered to the UK Government on offshore wind has called out a lack of alignment between bodies in delivering a skills passport for oil and gas workers.
Subsea engineering firm PDi has bolstered its leadership team with the appointment of a head of decommissioning.
One of my old friends, a Norwegian by the name of Reidar Niemi who ran Stolt Nielsen’s subsea business in Aberdeen in the early 80s once asked me “what the hell is the matter with your (expletive deleted) Scottish banks?”.
If the Russian invasion of Ukraine has taught us anything it’s that war isn’t now so much a matter of slugging it out hand to hand on the battlefield and firing big lumps of metal at each other, although sadly that still happens, but increasingly about making far greater use of remote controlled and autonomous or semi autonomous weaponry.
“Oil crashed, and then Covid hit; but with those things now behind us, to some extent, the time to grow is now,” says James Drummond, managing director of PDi.
The renowned UK subsea industry has lost 20% of its capability due to recent oil downturns, according to a membership body - and there's an urgent need for joined-up thinking to deliver on the "tsunami" of energy transition opportunity ahead.
Some $24 billion is expected to be spent on subsea and offshore pipelines in Asia Pacific over the next five years, data from energy research firm Wood Mackenzie shows.
Global Underwater Hub CEO Neil Gordon says the subsea sector needs clearer visibility on major projects in wind, oil and gas and defence.
The skills supply and demand dilemma is once more at the forefront of a set of very big challenges facing the underwater industry.
I spent nearly ten very happy and rewarding years working offshore with a great bunch of people operating deep water manned submersibles and ROVs mainly in the N Sea.
Discover how V-LIFE was used to keep the lights on in East Java by recovering a failed gas field electrical system with an 18-month replacement umbilical lead time.
“What keeps you up at night?” is the question that North Sea veteran Ray Riddoch recalls being asked by industry regulators.
UK Technology SME, Viper Innovations, is celebrating the continued success of its award-winning V-LIM product, as global sales of the advanced monitoring device exceed 350 units.
Aberdeenshire start-up company Legasea is to invest £1.3 million in its offshore recycling operation – creating up to eight “green” jobs.
Subsea opportunities will be plentiful in Asia Pacific over the coming years as international oil companies (IOCs) and national oil companies (NOCs) advance a backlog of projects, while offshore wind developers accelerate activity across the region.
Subsea experts and innovators are eager to contribute to the global energy transition by leveraging the technology, people, competencies and financial muscle developed over many decades at the cutting edge of offshore development and operations.
Momentum is building within the UK’s energy sector and the blue economy.
Six years ago, Equinor began a journey towards the creation of standardised docking infrastructure for subsea drones, a new class of vehicle with the potential to revolutionise robotic support in the oil & gas and maritime renewables sectors worldwide.
“You would like to think it was good planning,” joked Neil Gordon, chief executive of the Global Underwater Hub (GUH), “but I think it’s just fortunate that, at the moment, it looks as if everything has landed well for us.”
Energy Voice’s latest monthly supplement has been published with The Press & Journal.