The Department for International Trade (DIT) last week welcomed a delegation of operators and contractors to the Offshore Europe Conference, Europe’s leading oil and gas conference and exhibition.
Delegates from all corners of the world, including India, Azerbaijan, Argentina, Brazil, Mexico and Norway were in attendance. DIT introduced them to the UK’s best innovative technologies in the offshore oil & gas sector, through a series of workshops hosted in the DIT Export Hub.
In total over 200 meetings were arranged between delegates and supply chain companies based in the UK.
The delegation, one of a number of inward missions hosted by DIT this year, was in support of the government’s commitment to helping innovative UK oil & gas supply chain companies win international business, as was set out in the Government’s Export Strategy last year.
One company already leading the way in the Oil and Gas sector is JDR Cable Systems. The Cambridgeshire based company is a provider of subsea technologies and services connecting the global offshore energy industry. They design, engineer and manufacture subsea power cables, production umbilicals and a variety of other control systems and technologies for the oil and gas and energy sectors.
The majority of the firm’s output – more than 80% – is exported to overseas markets including Asia Pacific, the US, West Africa and Europe.
UK Export Finance’s support of JDR’s exports has underpinned a series of contract wins including one for more than 100 kilometres of inter-array power cabling located in German waters.
Campbell Keir, Deputy Director, Energy and Infrastructure at DIT commented:
I am delighted to have welcomed these global delegations to explore business opportunities with UK supply chain companies.
The UK remains the global partner of choice in the Subsea and Oil & Gas industries and we export goods, services, skills and expertise all over the world. We are committed to the Export Strategy target to increase exports to 35% of GDP, and I am confident that activities like this will help us to achieve it.