Offshore & subsea - 24 March 2016

Attracting graduates and nurturing young professionals in the initial years of their careers, has been a focus of discussions at OTC Asia.

The changes announced by the UK Chancellor George to the North Sea tax regime are unlikely to have a significant impact on investment in the near term.

Neil Gordon, chief executive of Subsea UK said: “There is a huge amount of innovation and expertise in the south-west of England”

The NG-3500X can operate in a water depth of up to 80 m and bridges the gap between service units and full-fledged drilling rigs.

ABB to provide equipment and services for the world’s largest floating liquid natural gas (FLNG) facility.

The company has received recognition for its innovative safety valve system.