Subsea Action Plan
Scottish Enterprise have published an action plan designed to build on Scotland's existing strengths in subsea engineering, helping companies find new opportunities at home and abroad.
The Scottish oil and gas industry boasts a subsea engineering cluster that is among the strongest in the world.
In fact, with almost half of all the world's subsea installations in the North Sea, Scotland is a global leader in the sector.
These strengths mean Scotland is in a strong position to find new opportunities for growth in international markets and to diversify existing skills into other sectors.
"Many technologies developed in Scotland have revolutionised the worldwide oil and gas industry. It is this experience and reputation which is the basis for this action plan – we want to build and maintain what we already have, develop new opportunities and ensure we have the infrastructure we need to remain a world leader."
David Rennie, International Sector Head, Scottish Enterprise
"Scotland has the largest concentration of subsea engineering in the world, with Aberdeen recognised globally as a centre of subsea excellence. A stronger supply chain will generate jobs, opportunities and wealth for Scotland as well as securing our world-leading position in subsea."
Neil Gordon, Chief Executive, Subsea UK
2017-18 Oil & Gas Diversification Opportunities
Scottish Enterprise's latest Oil and Gas Diversification Opportunities guide has been released today for 2017-18. The sectors identified as having greatest opportunity for the subsea supply chain were:
- Offshore Wind
- Carbon Capture & Storage
- Wave & Tidal
Seize the Opportunity: Offshore Wind
Scottish Enterprise has developed a guide identifying nine key areas of potential diversification opportunities for oil and gas companies within the offshore wind industry:
- Project Management
- Array Cables
- Substation Structures
- Turbine Foundations
- Secondary Steelwork
- Cable Installation
- Installation Equipment
- Installation Support Services
- Maintenance and Inspection Services
Scottish Enterprise have set up a web-portal for their Open Innovation programme. The portal is used by large companies and organisations to highlight challenges they are grappling with that require innocative solutions and external expertise.
These are excellent opportunities for supply chain companies to demonstrate their capability to large organisations and offer the potential for new and/or strengthened business relationships.