Prime Minister announces UK Government backing for global underwater hub in Aberdeen
Friday May 3rd 2019 at 6:27 PM
The Prime Minister says the UK Government will back plans for a multi-million pound global underwater hub in Aberdeen in a bid to boost the energy sector.
Theresa May made the announcement at the Scottish Conservative Party conference in the Granite City this afternoon.
The Department for Business, Energy and Industrial Strategy says the hub would make Scotland a ‘go-to destination’ for subsea engineering and lead to the creation of jobs and business opportunities.
The UK’s subsea engineering and technology industry supports approximately 45,000 jobs and 1,000 companies, with three fifths based north of the border – the industry could be worth over £100 billion worldwide by 2035.
The Prime Minister’s announcement comes around two and a half years since the Aberdeen City Region deal was signed off with the support of the UK and Scottish Governments, Aberdeen City and Aberdeenshire Councils and local partners.
In her speech at the Aberdeen Exhibition and Conference Centre, she said:
“Here in Aberdeen the deal established the Oil and Gas Technology Centre and the National Decommissioning Centre.
“This year, we launched a call for evidence to see what more we can do to strengthen our position as a global energy hub.
“And today I can announce that the UK Government will back plans for a new Global Underwater Hub right here in Aberdeen.
“It would bring areas of excellence in underwater technology together under a single commercial vision – creating jobs, boosting the local economy and cementing Aberdeen’s place as an energy hub for offshore and renewables.
“Our subsea engineering sector already supports tens of thousands of jobs – 60% of which are based here in Scotland.
“By building on that expertise, we can create the world’s pre-eminent subsea industrial cluster.
“It would help established businesses thrive and create new opportunities as the world makes the shift towards clean growth.
“Supporting industry, helping us in the fight against climate change and creating new skilled jobs and opportunities for people to get on.”
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