Subsea UK has launched a new online portal to help subsea companies export their skills, technology and expertise to key oil and gas provinces around the world.
The industry body, which represents the UK’s £9 billion subsea sector, has also become an accredited trade partner of the UKTI’s Tradeshow Access Programme (TAP) which will see the organisation lead the way in facilitating the attendance of UK subsea companies at overseas trade shows.
Susbea UK’s specially developed portal, Global Business is an exclusive online tool which provides regularly updated details on opportunities in over 20 countries.
Developed as a starting platform for companies looking to expand into international markets, the portal will allow users to access intensively researched industry reports, market data, related news and events to help them pinpoint exactly where the opportunities are out-with the UK. Users will be given their own secure log-in details to research how to go about doing business in Central, North and South America, Europe, Africa and in Asia Pacific.
Chief executive of Subsea UK, Neil Gordon, said: ‘Subsea UK is committed to supporting companies in fast-tracking their international growth, shifting their reliance on the North Sea to explore new business prospects around the world.
‘Global Business supports our wider strategy to help member companies expand overseas and covers the main points you need to know, the challenges you may face and steps to take to get started on a market entry strategy. It represents just one of the ways we are working hard to provide an added value service to our members which will help them capitalise on opportunities and reap the rewards.
‘As a UKTI Accredited Trade Organisation, we will also be able to help our members secure the financial support required to attend industry exhibitions in emerging and high growth markets, whilst gaining further knowledge of overseas exporting.’
Global Business will also include a database of key contacts to help companies form the necessary partnerships required to break into new provinces and establish a presence in even the world’s most challenging markets.
Members will be able to pinpoint the most relevant regions for them and uncover the steps required to successfully break into emerging frontiers.
Earlier this year, Subsea UK launched Subsea Intel, a comprehensive overview of global subsea activity. Subsea Intel allows users to delve deeper into current projects across the globe and identify which contracts have been awarded and to whom, when contracts are up for tender or renewal and what the values are, where available.
Global Business has gone live online and is exclusive to members of Subsea UK.
Adapted from a press release by Louise Mulhall