Funding call for digital technologies that challenge subsea industry methods
Subsea UK has opened an R&D funding call, in partnership with Scottish Enterprise, for projects to help solve the industry’s most complex technological challenges. It forms part of the Memorandum of Understanding (MoU) signed between the enterprise agency and Japanese philanthropic organisation, The Nippon Foundation, at SPE Offshore Europe in September.
The agreement aims to help both countries capitalise on opportunities in the growing subsea sector. The two parties will provide equal funding of around £15m to support projects between the two countries that maximise the use and development of digital technologies that “challenge conventional industry methods”.
The projects will address issues identified by industry, “capitalising on Scotland’s world renowned subsea engineering expertise to develop solutions that will push the boundaries and increase each country’s respective share of the sector,” said Scottish Enterprise in a statement.
Organisations are invited to show how their ideas, products and services meet the needs of the evolving subsea sector. Applications are being sought under the following themes:
- Subsea digital oilfield technologies (real-time underwater communication, inspection, monitoring and control, subsea sensors, robotics and artificial intelligence)
- Subsea oil and gas innovation (well productivity and intervention, well design, low-cost drilling, decommissioning, subsea factory, remote monetisation and challenging field development)
Companies can submit an expression of interest via the Subsea UK website by March next year with full proposal applications due by June.
Scottish Enterprise said the collaboration with Japan will contribute to the delivery of the Subsea Engineering Action Plan it launched earlier this year, with the aim capturing a bigger share of the £50billion global subsea market by Scottish companies.
“Scotland already accounts for 14% of the global subsea market, with approximately 370 companies generating an estimated annual turnover of £7.5 billion,” said Neil Gordon, chief executive of Subsea UK. “Our experience and reputation means we are ideally positioned to work with Scottish Enterprise and The Nippon Foundation supporting there ambitions for the sector.
“We have worked closely with Scottish Enterprise over the past three years to help nurture the relationship and build trust between Japan and Scotland. This has been achieved by supporting Scottish Enterprise and its international arm SDI on trade missions to Japan which included numerous high-profile meetings and presentations with key Japanese organisations including the Nippon Foundation.
“We are very much looking forward to strengthening these ties, working with the sector’s leading organisations to tackle the technological challenges to the benefit of the whole industry.”
David Rennie of Scottish Enterprise, added: “This is a major deal that will see Scotland and Japan work collaboratively to pioneer the technology needed to overcome even the most complex of challenges faced by the subsea industry, now and for decades to come.”
Getting the best out of patient data is key to unlocking future health benefits in Scotland
It is important that clinicians’ voices are heard in the consultation around Scotland’s new health and care data strategy, which closes this week (12 August). Busy GPs like myself are the trusted…
How motherhood helped me be a better leader
Consider this an open letter to anyone I have worked with before I became a mother and before I fully understood how being a parent is actually a prized asset…
‘We cannot achieve our goals without entrepreneurs’ – Kate Forbes on vision for new ‘tech scaler’ network
From the very start of my ministerial career, I have had responsibility for the Scottish tech sector – and I can still say what I have said from the start,…
Finding a role in cyber was ‘tough’ for Cheryl Torano. Now she’s determined to help other women join an under-represented industry
When I decided to upskill to change careers at the age of 30 and dive into the digital world, I knew I would be starting out at the bottom of…
Why innovation and marketing are the perfect partners to make changes that matter￼
With the rapid evolution of traditional marketing and the appearance of digital marketing, technology and innovation has become part of any marketer’s life without the need of working for a…
Transitioning to a four-day week – CEO’s vow to strike a healthier balance in the workplace
I came to Scotland nearly 20 years ago from Ireland, with no contacts but a lot of determination. While Ireland will always be my home, Scotland has given me amazing…
Women Lead: The female-led company championing intuitive working
Over the last two years, the pandemic forced a shift to more remote and flexible working practices. Whilst we might be seeing a “return to normal”, some companies are choosing…
Women Lead: My passion for young people to consider a career in digital
Twenty years ago, I stumbled across my career in digital marketing almost by accident. It was during my honours degree in marketing at Glasgow Caledonian University. I was on work…