Subsea UK Announce Second South-east Asian Event
01 May 2009
Following the success of last year's event, Subsea Asia, industry body Subsea UK is again hosting a one day conference in Kuala Lumpur on 11 June 2009.
Running in parallel with South East Asia's biggest oil and gas event, Oil & Gas Asia (OGA) 2009, Subsea Asia will focus on the challenges of deepwater development in the province which is fast becoming a global subsea hub. The event is being supported by Scottish Development International and UKTI.
“Offshore capital expenditure in the Asia Pacific region is at an all time high, “ said Subsea UK chief executive Alistair Birnie. “Forecasts show that investment in deepwater technology will increase from 18% to 25% by 2011 and as many as 42 floating production units will be deployed there by 2012.
“With Indonesia, China and Malaysia continuing to invest in deepwater facilities and increased shallow water deployments in Vietnam, Cambodia and The Philippines, there has never been a better time for UK companies to focus on this region. Subsea Asia provides them with a cost-effective way of showcasing UK skills, technology and expertise particularly in the areas of risers, pipelines, subsea hardware and installation as well as well intervention.”
The theme for this year's Subsea Asia is key technology, drivers and issues applicable to the Asia Pacific region and some of the companies participating are Triton Group, First Subsea, Framo Engineering, NCS Survey, Deep Ocean Subsea Control Innovation and Flexlife.
This year the conference will run in parallel with the 12th Asian oil, gas and petrochemical engineering exhibition – OGA 2009 – which is set to attract 19,000 trade visitors, buyers and decision makers from 50 countries over three days.
Subsea UK members will also have the opportunity to meet potential clients and contacts at the show on Subsea UK's hospitality suite. Limited space is available on this facility and interested companies should contact Trish Burrell at Subsea UK.
Last year over 60 companies from 12 countries attended Subsea Asia and Subsea UK members reported significant levels of potential new business secured as a direct result of contacts made during the event.
Birnie added: “The success of our first foray into South-east Asia underlined our belief in the appetite in this province for subsea technology and expertise. It also demonstrated that Subsea UK has the capability to run events which fill a gap in the market, the pulling power to attract big industry players and deliver tangible international opportunities to its members.”