Subsea UK’s Event Aims to Cut Operational Costs

Business & Finance

Innovative UK companies will be pitching their subsea technologies to a panel of operators and Tier 1 contractors including Apache, Bibby Offshore, Chevron, Nexen and Technip tomorrow, November 17, at Subsea UK’s second Springboard event.

In partnership with the National Subsea Research Initiative (NSRI), the initiative encourages companies to step up to the plate and present their processes and systems which have the potential to reduce operational costs and boost efficiencies.

The focus of the pitches will be to highlight the technologies, processes and software which have the potential to address the immediate and future needs of the oil and gas industry by significantly improving efficiency.

The event will welcome speakers from AISUS Offshore, Caley Ocean Systems, SECC Oil & Gas, J2 Subsea, Systems Engineering & Assessment, Aquatec Group, Tracero and SETS.

A representative from each company will deliver a short presentation, showcasing their technologies which could help lower operational costs, improve integrity management, extend field life, reduce risks and maximise data collection.

Neil Gordon, chief executive of Subsea UK, said: “The event aims to help connect subsea companies with potential clients, highlighting the products and services currently available to them. By bringing the supply chain together with operators and Tier 1 companies, we hope to further encourage the uptake of current, cost-effective technologies which can improve efficiencies and speed up project delivery times.”

Richard Knox, managing director of EC-OG, said: “As a speaker, I was allocated seven minutes to present our Subsea Power Hub that we are currently developing. It was a unique opportunity to come face-to-face with key decision makers in the industry who understand the value of the technologies that were presented to them.

“It was also a great platform to network with other innovative people who were producing useful technologies and explore potential collaboration opportunities.”

The Subsea Springboard events take place every three months and address a number of industry themes and topics. This second Subsea Springboard event will take place at Subsea UK’s offices in Westhill, Aberdeen.

Source: Subsea UK