Tuesday, 19 February 2013

Scotland's offshore expertise heads down under!

Scotland's offshore expertise heads
 down under.
Scotland's world-renowned offshore expertise could see Scottish firms win a share of Australia's booming oil and gas sector spending, estimated to be worth more than £15 billion over the next five years.

In a bid to tap into the increasingly lucrative market, a delegation of 25 companies from Scotland is heading to Western Australia where it will visit the Australasian Oil & Gas Exhibition & Conference in Perth, the largest event of its type in Australia.

And while there, the Scottish companies will share their knowledge and innovative approaches to the offshore sector – as well as exploring new trade opportunities.

Three of the companies taking part in the trade mission, WFS Technologies, Opus and QEM, will launch new products at the event aimed at the Australian market, highlighting Scotland's continuing role in innovation in the sector at a global level.

The Scottish Development International trade mission is the largest of its type from Scotland to Australia. The country’s offshore sector is currently experiencing rapid growth and those taking part in the delegation include experts in training, sub sea and downhole technology and software solutions.

The trade mission is being led by Scottish Enterprise Chief Executive Lena Wilson. Speaking about the opportunities for Scottish companies in this market, she said, "Scotland has developed world-leading knowledge and expertise since the first discoveries of oil and gas in our waters 40 years ago.

"We've built up a global reputation for our innovative response to the challenges of operating in the harsh conditions of the North Sea, particularly in areas such as deep water sub sea technologies, health and safety and quality standards.

“With the Australian oil and gas industry expected to spend up to £15.4 billion on new projects in the next five years alone, there are significant opportunities for our companies to share their knowledge and innovation with operators in Australian markets, while tapping into new export markets."

WFS Technologies, (Livingstone)

A world-leading developer of wireless systems for sub sea communications, control and instrumentation, it will launch Viewtooth® to the Australian market - the world’s first sub sea camera using patented wireless technology to stream moving images through water.

Opus (R&D Centre in Orkney)

A global leader in the decontamination of produced water, one of the key challenge of industry, will launch an innovative new trial kit at the show.

QEM Solutions (Moffat)

IT based consultancy and project services will launch new cloud-based software which improve processes, productivity, privacy and safety.

Scottish Enterprise is Scotland's main economic development agency and aims to deliver a significant, lasting effect on the Scottish economy by identifying and exploiting the best opportunities for economic growth.

Scottish Development International (SDI) is a partnership between the Scottish Government, Scottish Enterprise and Highlands and Islands Enterprise, which works to attract inward investment to Scotland and helps Scottish based companies to trade overseas.

No comments:

Post a Comment

Please feel free to comment on stories or any aspect of this web site.