New figures show the North East’s subsea industry has grown by 50% in three years. It now generates annual revenues of £1.5bn and supports 15,000 jobs. Peter McCusker spoke to Subsea UK’s chief executive Neil Gordon. The subsea industry is the hidden gem of the UK economy,” said Neil Gordon, as he unveiled its latest research which shows revenues have grown 50% to almost £9bn in the last three years.
His aim is for the sector to be recognised as the economy’s crown jewel – with Subsea UK announcing these new activity levels to MPs at a Westminster reception.
Article Source: : SC Gas