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Latest news - Subsea

UK Energy Minister Acknowledges Underwater Industry as “Hugely Important Asset” to UK and Says Global Underwater Hub will Drive its Exponential Growth

UK Energy Minister Acknowledges Underwater Industry as “Hugely Important Asset” to UK and Says Global Underwater Hub will Drive its Exponential Growth   Speaking at today’s Subsea Live event, UK Energy Minister – Anne-Marie Trevelyan – said the underwater industry is a hugely important asset for the UK, creating highly skilled jobs, driving economic growth and helping to level up across the country. She said: “This sector is a success story &ndas...

Subsea sector urged to ‘Act Now’ to reap benefits of Energy Transition

Subsea sector urged to ‘Act Now’ to reap benefits of Energy Transition   The subsea industry is being advised to act now to capitalise on the energy transition, with experts warning that the road to net zero is already underway and companies need to meet the change of pace required.  Industry leaders and government panellists will discuss how the subsea supply chain can maximise the potential of the energy transition as part of Subsea UK’s new virtual event...

Clarksons Platou: Don’t miss the boat in the subsea market

Clarksons Platou: Don’t miss the boat in the subsea market   The supply/demand balance in the subsea vessel market is shifting as activity levels rise markedly across many of the sectors these vessels support. Operators and contractors need to be decisive in securing the assets they need, according to Jonathan Lints of broker Clarksons Platou (Offshore), or they might find their ship has sailed … The opening months of 2021 have witnessed markedly positive trends in the...

Minister Of State For Business, Energy And Clean Growth To Deliver Opening Address At New Subsea Live Event

Minister Of State For Business, Energy And Clean Growth To Deliver Opening Address At New Subsea Live Event    Energy minister, Anne-Marie Trevelyan MP, will give the opening address at Subsea Live, affirming the UK Government’s support for and recognition of the size, scale and potential of the underwater industry. The new TV studio-based event, organised by Subsea UK later this month, will explore how the subsea supply chain can capitalise on the opportunities present...

Lundin gets consent for disposal of subsea facilities on the Brynhild field

Lundin gets consent for disposal of subsea facilities on the Brynhild field   Lundin has applied to the Petroleum Safety Authority Norway (PSA) for consent for the disposal of subsea facilities on the Brynhild field. We have now granted the company this consent. The consent, pursuant to the Management Regulations section 25(4) e), is granted on the basis of documentation submitted in connection with the application, including the preconditions and obligations this represents. Co...

Rotech Subsea completes significant cable de-burial and post-lay trenching works at North Sea wind farm

Rotech Subsea completes significant cable de-burial and post-lay trenching works at North Sea wind farm   Subsea trenching and excavation pioneer, Rotech Subsea, has successfully completed a major cable de-burial and post-lay trenching scope for an offshore energy market solutions leader at a key offshore wind farm in the British North Sea. Aberdeen-based Rotech Subsea’s state-of-the-art RS2 jet trenching tool was deployed to complete the works from its north east HQ in Q4, 2020...

TechnipFMC gets go-ahead for Santos’ Barossa subsea works

TechnipFMC gets go-ahead for Santos’ Barossa subsea works   TechnipFMC has received a notice to proceed with the subsea production system contract from the Australian energy giant Santos for the Barossa gas field project. The contract scope covers the supply of subsea trees and associated control systems, manifolds and wellheads, as well as installation and commissioning support, which will help to extend the life of the existing Darwin LNG facility. The Barossa gas field...

Subsea Industry Urged To Take Stock Of New Export And Trade Controls

Subsea Industry Urged To Take Stock Of New Export And Trade Controls   Advice on how subsea companies can navigate export and trade controls, including changes in place following Brexit, will be the focus of a webinar organised by Subsea UK and the Department for International Trade (DIT) this month (Wednesday, April 28).   Since the United Kingdom left the European Union on December 31, 2020, licensing requirements for the export of certain items from Great Britain (GB) to t...

Floating offshore wind sector promises global opportunities for subsea industry

Floating offshore wind sector promises global opportunities for subsea industry   Subsea companies can find out how to leverage the opportunities in the multi-billion pound Floating Offshore Wind (FOW) sector through a three-part webinar series organised by Subsea UK and the Offshore Renewable Energy (ORE) Catapult’s Floating Offshore Wind Centre of Excellence (FOW CoE), beginning this month (9th March).  Subsea UK is encouraging underwater engineering companies to capi...

200 oil projects that could increase output and profits by adopting tech

200 oil projects that could increase output and profits by adopting tech   Rystad Energy highlighted the potential for subsea boosting, identifying over 200 projects globally where the technology could make an immediate impact by increasing production profitably. Rystad Energy's Subsea Processing Screening Tool – a dashboard that analyses the different components of subsea processing – evaluated offshore projects worldwide and identified the best candidates for subs...

Wealth of opportunities awaits subsea companies In Asia-pacific

Wealth of opportunities awaits subsea companies In Asia-pacific   Despite the impact of Covid-19, the Asia-Pacific region continues to provide a wealth of opportunities for the UK’s subsea engineering sector, both in traditional oil & gas and in the growing renewables energy industry. A new summary  of activity compiled by Subsea UK shows, that despite the challenges, discoveries continue to be made across the region and exciting new projects across all energy sector...

Subsea Consultancy signs agreement with Aberdeen based developers

Subsea Consultancy signs agreement with Aberdeen based developers   Namaka Subsea, a subsea consultancy firm and global subject matter expert in subsea operations, has signed an agreement with Aberdeen based software development firm DEV4 Online Ltd. Namaka Subsea are delighted to partner with DEV4 as their preferred software supplier following the successful development of their Diving Content Management System, NAMS – Namaka Asset Management System. The system provides a cl...

Offshore renewables represents billions of pounds of opportunity for UK businesses

Offshore renewables represents billions of pounds of opportunity for UK businesses   Offshore renewables present a multi-billion-pound opportunity for UK  businesses, but experts claim many do not have sufficient knowledge of the emerging industry to be able to capitalise on these. The University of Strathclyde, the National Subsea Research Initiative (NSRI) and industry body, Subsea UK, believe that businesses in the UK must have a greater understanding of the sector in order...

One giant leap for STR

One giant leap for STR   Subsea Technology & Rentals (STR) are delighted to announce the launch of its Americas Entity ‘Subsea Technology & Rentals Inc.’ based in Houston, Texas. This strategic expansion is being driven by STR’s Board of Directors, following the recent success of our International expansions in Australia and Singapore. Scott Johnstone, Group Managing Director said, “We are delighted to announce the launch of STR in the Americas which...

Survey Reveals Improved Outlook for UK’s £8billion Underwater Engineering Industry

Survey Reveals Improved Outlook for UK’s £8billion Underwater Engineering Industry   A snapshot survey of the UK’s supply chain has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide evidence-based insight into how the supply chain was faring in the midst of the public health...

Subsea UK review and look ahead

Subsea UK review and look ahead   It goes without saying that this has been a year like no other. The decade started on a positive note with the bi-annual Subsea Business Activity Review, published in January, showing that the industry was making headway after the challenges of a prolonged downturn. The total value of UK subsea output in the 2019 fiscal year was £7.8billion, an increase on the 2017 figure of £7.5 billion and there were promising signs of rising recruitm...

Rotech Subsea secures 2nd phase cable trenching contract at Taiwan OWF & is contracted to supply additional spread of equipment for new campaign

Rotech Subsea secures 2nd phase cable trenching contract at Taiwan OWF & is contracted to supply additional spread of equipment for new campaign   Subsea trenching and excavation pioneer, Rotech Subsea, has secured a contract for a second phase of vital infrastructure works at a state-owned wind farm in offshore Taiwan - and at the same time has secured a commission to supply an additional spread of equipment for a wholly new campaign for the same client which will run concurrentl...

New Underwater Robotics Award Announced At SUT’s AGM

New Underwater Robotics Award Announced At SUT’s AGM   The new Gwyn Griffiths Underwater Robotics Award was one of the announcements made at The Society for Underwater Technology’s (SUT’s) Annual General Meeting by the new President of Council, Judith Patten MBE. “SUT’s International Panel on Underwater Robotics is honoured to announce the creation of the Gwyn Griffiths Underwater Robotics Award (GGURA). The award recognises people in the early to mid-...

Baker Hughes launches engageSubsea for remote HSE inspections

Baker Hughes launches engageSubsea for remote HSE inspections   Baker Hughes announced the successful launch of the engageSubsea remote – an extension of the engageSubsea platform. The engageSubsea remote serves as an equipment inspection tool, support and management platform, and is designed to drive operational excellence and increase capital productivity for offshore oil and gas operators. Operators are under increasing pressure to cut costs and reduce rig time, whilst imp...

Subsea UK to postpone Subsea Expo in light of current COVID restrictions

Subsea UK to postpone Subsea Expo in light of current COVID restrictions   The world’s largest underwater engineering event - Subsea Expo - which was shaping up to be the sector’s first post-pandemic, large scale physical event, is to be postponed due to the current coronavirus-imposed restrictions. Organisers, Subsea UK, announced today that the three-day conference and exhibition, along with the annual Subsea Awards dinner, will now take place on 25-27 May 2021. Ne...
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