Industry body, Subsea UK, is looking to establish a regional hub in the south of England that will bring together businesses across the subsea supply chain to identify opportunities and debate the challenges facing the sector which supports around 55,000 jobs and generates £9billion to the UK economy.
Subsea UK will host its first south of England networking event in Gosport, Hampshire from 5th-6th November at the Explosion Museum of Naval Firepower. There is a growing number of businesses in the region are involved in the fast-growing sector which is focused on underwater activity in relation to oil & gas, defence, oceanology and marine renewables.
Neil Gordon, chief executive of Subsea UK said: “The south of England is home to a huge amount of innovation and expertise, particularly in the areas of oil and gas. As an organisation covering the whole of the UK, we want to extend our support to these companies exploit the potential to increase business at home and abroad, in what is a challenging time for the industry due to the drop in oil price.