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Transition-makers are already among us, SUT chief says
The people who will deliver the UK Government’s offshore wind power goal of quadrupling generation to 40GW by 2030 are already among us, a subsea sector chief believes.
© Supplied by Society for Underwat
Cheryl Burgess, Chief Executive of Society for Underwater Technology.
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The people who will deliver the UK Government’s offshore wind power goal of quadrupling generation to 40GW by 2030 are already among us, a subsea sector chief believes.
2020: A year like no other with a Mixed Outlook for Subsea
Equinor’s Breidablikk project in the Norwegian North Sea, with 23 wells, was one of four projects adding to subsea tree order numbers last year. Image copyright Equinor.
On many levels, 2020 was a pretty horrific year, “a year like no other”, according to Mike Beveridge, managing director of energy investment firm Simmons Energy, a division of Piper Sandler. It’s easy to see why. A dip into a negative WTI contract prices, Brent troughing at $23/b – the indicators were all pretty grim. The scary thing is, it could have been worse. But there is light at the end of the tunnel.