EnergyNorth East England is home to the UK’s fastest growing energy sector, with a worldwide reputation for excellence in oil and gas, subsea marine engineering and offshore renewables. And North Tyneside is at the beating heart of this burgeoning sector. Fact card download
The region is less than 100 nautical miles from Dogger Bank and centrally located to service the other wind farms making the area ideally placed for manufacturing equipment and providing services. It is well-connected from the rest of the world, with wide variety of riverside locations available, and three deep-water ports with experience of logistics for the offshore industry. The region is also served by an international airport and an exceptional national rail network, allowing executive and workforce movement throughout the UK.
The River Tyne is one of the leading providers of offshore-related technology in the world, including subsea and deep-water technologies. Smulders and SMD are two of the world-class companies based here, and the area is renowned for its engineering and maritime heritage with a diverse skills base and extensive supply chain, which includes WD Close, Quick Hydraulics, Mammoet UK and CMR Group.
With more than 70 per cent of the oil and gas platforms operating in the North Sea having been built in the region, the area is a major centre for the industry in the UK. This position is further strengthened by our vast storage, handling and refining facilities.
As well as its enviable reputation for world-beating subsea technology – for which it is a UK Centre of Excellence – and its close proximity to the North Sea oil and gas fields, the region has attracted some of the leading energy engineering and design companies including Barrier Group, Pipetawse, Anglitemp and Fabricom Offshore Services.
The National Offshore Renewable Energy Catapult, The Energy Academy and Tyne Subsea are also based within the region providing internationally renowned research and development capabilities and facilities on its doorstep.
The North East also benefits from a highly skilled, affordable workforce – half of the region’s employment in the energy sector is in engineering and technical consulting – and a lower cost base. For example the region’s labour costs for an engineer are over 7.5% lower than in Aberdeen. An energy R&D centre based in the North East can make £2.5m in annual cost savings, compared to London (Financial Times Benchmarking Study).
Two companies assisting the growth of this sector are AIS Training and Maersk Training who are equipping people around the world with the skills to succeed in the offshore industry.