Tag: Neil Gordon
Snapshot survey by Subsea UK
A recent snapshot survey by Subsea UK has revealed that, while sales have dropped since the oil price collapse, the UK’s subsea industry is maintaining its investment in technology and looking to increase exports.
Subsea UK exec predicts tough times ahead
On the opening day of Subsea Expo, Europe’s largest subsea event, the chief executive of Subsea UK told delegates that the industry is facing considerable challenges but the fundamentals in subsea remain relatively strong and the sector could see a significant improvement in 2017 – 2019.
Photo courtesy of The BIG Partnership
Neil Gordon said: “The swingeing capex cuts and low crude price are beginning to bite.