Headline News

The offshore wind industry has become one of the UK’s success stories. In the past decade, the industry went from a capacity of 0.3 Gigawatts (GW) of power to 9.7 GW — and also generated almost ten% of the UK’s total energy in 2019. However, this success brings similarly high expectations for the future, with a Government target of a 400% increase in capacity by 2030. To achieve this, the sector must accelerate its adoption of digitalisation.

In Focus

Dropsafe, a Global leader in Dropped Object (Drops) prevention, has confirmed a pair of regional distribution deals to increase its reach in the Caribbean and South America.

Pipeline technology specialist STATS (UK) has announced it has generated revenues of £39.1 million and EBITDA earnings of £5.6 million according to its annual accounts as at 31 December 2019.

Global contractor Dolphin Drilling has announced it has signed an US$83 million contract with Petroleos Mexicanos (PEMEX).

Bureau Veritas, a leader in testing, inspection and certification services, says it is leading the drive towards real time verification for offshore assets with the global expansion of its remote service centres and pilot projects with leading energy companies.

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Editor's Comment 

As the UK begins to come out of lockdown, recent surveys highlight how a post-COVID-19 world might look like. Many manufacturers according to One World Express, may look to expand into new global markets, and not rely on any one single market as previously. The lockdown has also opened up opportunities by selling to new demographically diverse customers which may continue beyond the pandemic.

This unprecedented period in all our lives has highlighted the importance of UK manufacturing to not only the economic prosperity of our country but also the societal significance of the sector. The Prime Minister’s recent call on the UK’s manufacturers to help step up production of vital medical equipment, such as ventilators illustrates this. Responding to coronavirus and reducing the spread of the peak requires a national effort, and UK manufacturers are rising to the task in ways that were never thought feasible.

The Royal Academy of Engineering has highlighted that one key aspect of addressing the damaging shortage of engineering skills in the UK economy is reducing both gender and race inequality. Despite some movement in this area the Academy says that there remains much to be done to achieve gender equality in engineering careers.

When watching films or TV shows of a certain vintage, one can’t help noticing how ubiquitous the street phone booth was for everyday ‘real-time’ communication. And there seemed to be an awful lot of paper on desks in episodes of The Bill, accompanied by the incessant clatter of manual typewriters. Needless to say, things have moved on in leaps and bounds from a technological perspective in today’s business and social world (maybe except for the reams of paper that still seem to be on quite a few office desks).

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