Subsea UK – Surviving The Low Oil Price

Published at 02:31PM - 22/03/16

Industry body, Subsea UK, is bringing companies in the south-west of England together to discuss the challenges they are facing, with a view to identifying opportunities and efficiencies through collaboration which will protect jobs and revenues.

The event, on 12 April, will focus on the steps the industry must take in order to survive and thrive. A number of topics will be explored including, collaboration, driving efficiencies through new technology and exports through exploration of new geographic markets.

Subsea UK – Surviving The Low Oil Price

The evening session will feature a series of presentations from six event sponsors including Nylacast, Frazer-Nash Consultancy, GE Oil & Gas and Martech. They will outline how they are working to address the immediate and future needs of the oil and gas industry.

Subsea UK is a self-sustaining body that champions the country’s subsea supply chain, representing over 320 members. It acts as a focal point to promote the sector and maximise its opportunities and provides a national forum for collaboration, diversification and technology development.

Neil Gordon, chief executive of Subsea UK said: “There is a huge amount of innovation and expertise in the south-west of England, particularly in the areas of subsea, defence, oceanology and marine renewables.  We want to support these companies, helping them identify and exploit opportunities and encourage the exchange of knowledge.

“This event provides an ideal platform for subsea companies in the south-west to come together and work towards a common goal, which is vital if the sector is to rise to the challenge of developing new solutions that will increase production and the recovery of hydrocarbon reserves at a lower cost.”

For Further Information On The Event Click Here