Market Leads & Opportunities

Scottish underwater engineering base to propel UK to the top of ‘blue economy’

Source: http://www.govopps.co.uk/scottish-underwater-engineering-base-to-propel-uk-to-the-top-of-blue-economy/

The UK government is backing industry plans for a multi-million pound underwater engineering hub in Aberdeen.Bringing together underwater technologies from both industry and academia from up and down the country, the planned Global Underwater Engineering Hub will reinforce the UK’s status as a global leader in the field and build on expertise in subsea robotics, remotely-operated underwater vehicles and maritime support vessels. Seizing the opportunities in the blue economy will also help the UK’s oil and gas sector diversify and support the UK move away from fossil fuels towards clean growth.The UK already has a 40% share of the global market in underwater engineering and is in prime position to capitalise on the industry that could be worth more than £100 billion globally by 2035.