The National Subsea Research Initiative (NSRI) and the Offshore Renewable Energy Catapult have joined forces in a bid encourage subsea companies to diversify into the offshore wind sector.
They are holding a joint oil & gas and wind event next month in Aberdeen to highlight the long-term opportunities the offshore wind industry holds for UK subsea companies, as well as provide advice and support on market entry requirements, diversification strategies and the associated challenges.
Speakers from, Arup, Atkins and Seaway Heavy Lift will each discuss the ways in which subsea companies can adapt their products and services to meet the demands of the offshore wind sector.
Dr Gordon Drummond, project director of NSRI, said: “Europe is most definitely leading the way in offshore wind. However China, Japan and the USA are growing markets which present a host of opportunities for UK firms over the next five to 10 years.
“Subsea supply chain companies have the skills and experience to make the most of these opportunities, as they look to diversify into other sectors to mitigate some of the current challenges faced by the sustained low oil price.”
Following the event, NSRI will issue a report on the findings, with technology roadmaps outlining the way ahead with industry-driven objectives.
Jamie McCallum, project engineer at NSRI, has been heavily involved in exploring the opportunities in offshore renewables for UK supply chain companies. He said:
“The offshore wind industry is focused on innovating to reduce costs giving subsea companies the chance to introduce new technology and products to the industry.
“While fossil fuels are expected to continue dominating the global energy supply mix, renewable energy is taking off at an incredible rate. Companies need to jump into action and adapt their offerings now to meet the needs of the sector and drive long-term growth.”