The Oil and Gas Authority is delighted by the UK Government's announcement to back industry plans for a multi-million pound underwater engineering hub in Aberdeen which will help established businesses to thrive and create new opportunities as the world makes the shift towards a low carbon future.

Dr Andy Samuel, chief executive said: “The OGA is delighted to hear that the Prime Minister is supporting the principle of the proposed Global Underwater Hub. This is a great example of how the oil and gas sector’s world-class supply chain can contribute to a number of different industries, including those enabling a lower-carbon economy. The work that has helped get the proposals to this point has showcased great collaboration between both governments, industry, the Oil and Gas Authority, Scottish Enterprise and others."