Scandoil  

Subsea Expo draws record attendance as the industry gets fit for $30 oil


Published Feb 8, 2016
Subsea Expo
Subsea Expo

Almost 7,000 visits were made to Europe’s largest subsea event, Subsea Expo, held in Aberdeen this week, despite the industry facing its toughest year ever.

The exhibition and conference, organised by Subsea UK, attracted just under 5,000 individual delegates, many of whom visited more than once over the three days. International delegates flew in from all corners of the world, including Africa, Brazil, Japan, Mexico, Nigeria and the US.

Chief executive of Subsea UK, Neil Gordon, said: “A clear message from the show was that we have to get fit for $30 oil. We cannot keep hoping that the price, and therefore investment and activity, will pick up in a year or so. Transforming the way we work is crucial. A large dose of vision and courage from the leaders in our industry is needed to achieve the behavioural changes that will ensure we are profitable and sustainable at $30. The good news is that we can do this but it’s not going to be easy. Much greater collaboration will drive standardisation and simplification which are key to getting the cost base down. The subsea sector is up for the challenge and there was real evidence of this type of collaboration in action during Subsea Expo.”

Tags: Subsea UK




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml