Headline News

An energy storage system developed by OXTO Energy with experts from the Manufacturing Technology Centre (MTC) is set to change the way energy is stored. It allows non-polluting renewable energy to be stored, and then rapidly released when required.

In Focus

As a company that listens carefully to changes in market demands and industry trends, HI-LINE INDUSTRIES says it now holds a range of class-leading Vertical Air Receivers in stock and the top-quality vessels are available immediately at highly competitive prices.

One Tyneside based organisation with its roots in Germany is celebrating 50 years in business and says it is looking forward to a promising future.

Saab Seaeye,  manufacturer of electric underwater robotic vehicles has announced it is expanding its business operations with the appointment of Ryan Lumsden as business development manager.

Tekmar Energy have announced that offshore installation contractor Jan De Nul Group have selected the patented Tekmar Cable Protection System (CPS) TekLink Mechanical Latch for the Northwester 2 offshore wind farm.

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Editor's Comment 

The UK oil and gas sector is fighting hard in a bid to restore competitiveness, and expects to have improved efficiency and its average unit operating cost by more than 40% compared with two years ago.

The current challenges for the offshore oil & gas industry are significant. But it is also important to recognise there are also continuing opportunities. Concerted action by the industry to improve efficiency across the sector is leading to an estimated 22% – over £2 billion – reduction in the cost of operating existing assets by the end of 2016. Supported by the first annual production increase for 15 years, the unit cost of operating UK oil and gas assets will also improve.

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