The National Subsea Research Initiative (NSRI) is hosting an event on September 23 to help connect UK subsea technology developers with end-users and funding sources in a bid to get new subsea technology off the ground.

Aimed at supporting and encouraging investment in emerging technologies that will make a significant contribution to the continued prosperity of the UKCS and the country’s subsea industry, the event will bring developers and the wider industry together to help break down the barriers in commercialising new technology.

The event will welcome speakers from more than 15 companies including Santander, Simmons & Company, Brodies Solicitors, Nautronix and Ecosse Subsea Systems to provide an insight into technology that has been successfully developed and commercialised. They will also unveil near-to-market offerings to demonstrate technology which is industry-ready but not yet proven.

Working closely with Subsea UK, NSRI is the focal point for subsea research and development, bringing together industry, developers and academia to collaborate effectively to fast-track the introduction of new technology which will unlock the challenges facing North Sea fields and help the UK maintain its global position.

Gordon Drummond, project director of NSRI said: “We hope this event will help to identify the most relevant contacts and collaborations needed to progress the development of new technology and techniques.

“Our research and development efforts must be aligned with the current market environment. If we stop investing in new solutions, processes and technologies, it will become even harder to deliver the improvements and savings the industry really needs.

“We need to focus on breakthrough technology that will change how we work for the better. We need solutions that will make more fields viable, boost profitability and secure a sustainable long-term future for our industry.

“By bringing the developers and the industry together to collaborate, we can get technology to market much more quickly.”

NSRI’s Support for the Developer Community event will take place on Wednesday, September 23 at Village Hotel, Prime Four, Kingswells, Aberdeen. Those wishing to attend can visit www.subseauk.com/events.