First Subsea Europe event heads for London
A key conference to highlight opportunities and technologies in the booming subsea sector of the oil and gas industry will take place in London.
Subsea Europe will bring together decision makers, political influencers and stakeholders in direct contact with subsea companies at the Business Design Centre in Islington on Thursday, October 30 (2008).
The inaugural conference and exhibition will focus on future drivers in subsea economics as well as opportunities in Europe and West Africa.
David Pridden, chief executive of event organisers Subsea UK which champions the sector, said: "The UK subsea industry employs more than 40,000 people and has a
$9 billion share of a $25 billion global market.
"The sector has grown by 25% in each of the last two years and exports 50% of its products and services.
"This industry is one of the great UK successes in recent times. We have a huge slice of the market, we are the problem solvers in the sector and we have the expertise. It is something we should be celebrating.
"However, we can not rest on our laurels and the conference will focus on potential new business and the hurdles facing the industry in the future.
"The event will be an opportunity to look at the future of the subsea industry as a whole and discuss current economic and technology issues facing the industry at this time. Visitors will also hear from BP, Total and Oil and Gas UK about the opportunities in the North Sea as well as the key deepwater West African market.
"As a departure from conventional subsea oil and gas, the conference will debate the convergence of subsea oil and gas and marine renewable technologies."
The event is organised with the support of Oil and Gas UK and BERR (Department for Business Enterprise and Regulatory Reform) and will be preceded by a networking dinner at the London Aquarium.
For more information log on to www.subseaeurope08.com, or email admin@subseauk.com.
