Rosyth, Scotland – Oceaneering announces that its Rosyth, Scotland, umbilical and cable manufacturing facility has secured grant funding from Scottish Enterprise (SE). The funding will support Oceaneering’s floating offshore wind dynamic cable qualification projects.
The immediate project will make use of existing manufacturing equipment at the Rosyth facility for the initial phase of research and development. Once the product has been designed and certified, Oceaneering aims to invest in new equipment and machinery for added project capacity.
Shaun Roedel, Senior Vice President of Manufactured Products, Oceaneering, commented: “We anticipate that this funding will enable us to make critical investments that will drive job creation in and around Rosyth. By leveraging our strategic location for the UK offshore floating wind market, we can develop and strengthen our local supply chain and reduce logistical complexities.
“This will enhance efficiency and directly support our commitments to sustainable and responsible operations. This investment strengthens our commitment to innovation and leverages more than 30 years of expertise in delivering dynamic solutions designed for, and operating in, the most demanding offshore environments.”
Scott Hamilton, General Manager, Manufactured Products – Rosyth, Oceaneering, commented: “Securing this funding marks a significant milestone in our journey to establish the Rosyth site as a center of excellence for the offshore wind and renewable energy industries. We are proud to lead the way in supporting the UK supply chain’s renewable energy ambitions.”
Suzanne Sosna, Director for Energy Transition, SE, commented: “We are proud to support pioneering companies like Oceaneering who are seizing upon a once-in-a-generation opportunity to transform our energy landscape.
“Scotland is the windbreak of Europe and perfectly positioned to accelerate the energy transition and maximize its economic benefits. SE’s vision is for Scotland to be viewed around the world as a center of excellence for offshore wind, with supply chains that are world-leading in terms of value, competitiveness, and service.
“We are working to accelerate technology innovation, supply chain capability and investment in manufacturing and key infrastructure, and Oceaneering is a prime example of the kind of company that encapsulates this ambition.”
Gillian Martin, Scottish Cabinet Secretary for Climate Action and Energy, commented: “I’m delighted to recognize the significance of this R&D grant award from Scottish Enterprise, which reflects the Scottish Government’s continued commitment to supporting innovation and growth in key sectors, such as offshore wind.
“Scotland’s growing offshore wind industry is creating opportunities, delivering jobs and attracting major investment across the country.
“Oceaneering’s project exemplifies the kind of high-value, future-focused investment wind that we want to attract – supporting the development of cutting-edge technologies for the global energy transition and helping to build a fair, green and growing economy for Scotland.”
Oceaneering’s Rosyth manufacturing facility has been operating at the Port of Rosyth since 1999, providing subsea communication, power and hydraulic umbilicals to fixed and floating offshore oil and gas facilities.
About Oceaneering
Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. oceaneering.com
About Scottish Enterprise
Scottish Enterprise is Scotland’s national and international economic development agency and a non-departmental public body of the Scottish Government. It supports businesses to innovate and scale to transform the Scottish economy by focusing on new market opportunities through targeted investment, innovation and internationalization.
scottish-enterprise.com