A river cruise along the Tyne for key players within the energy sector has underlined the buoyancy of the industry, showcased some of its leading talent and set out opportunities for inward investment.
The trip was organised by Invest North East England ahead of the seventh two-day NOF Energy Conference at Sage Gateshead, which annually attracts more than 400 national and international delegates.
Those receiving insights into the world-class cluster of oil & gas, subsea technology and offshore renewables companies on the river included a Brazilian trade delegation brought by the Department of International Trade (DIT), European DIT representatives and private sector guests from around the UK including delegates from SMD, Smulders and Balfour Beatty.
Commentary along the river provided by Port of Tyne’s Commercial Director for Port Services, Alasdair Kerr, covered key assets including local R&D, testing and training facilities, development opportunities and the operational capabilities afforded by companies such as A+P Tyne, Technip and Shepherd Offshore.
Guy Currey, director of Invest North East England, said: “The NOF Energy Conference is an important date in the energy sector’s calendar and an excellent platform for showcasing the inward investment opportunities available within our region.
“Working with our Local Authority partners we have been able to profile key sites including Neptune Energy Park, Swans, Tyne Dock Enterprise Park and Whitehill Point and shine a light on the excellent infrastructure in place here.
“The North East has the UK’s fastest growing energy sector, a booming business and supply chain cluster and outstanding access to market. It’s a compelling proposition for investors and one we are pushing hard.”