The UK Offshore Oil and Gas Fabricators Directory 2014 - page 5

page 5
THE UK OFFSHORE OIL AND GAS FABRICATORS DIRECTORY
2014
Foreword from Oil & Gas UK
W
elcome to the
UKOffshore Oil and Gas
Fabricators Directory 2014
, compiled by
Oil &Gas UK, which aims to showcase the
sector’s capability and capacity to raise awareness in
energymarkets both in the UK and overseas. In this, the
second edition of the directory, all information regarding
UK fabrication yards has been audited and verified by
Atkins Limited.
Fabrication firms skilled in heavy engineering have over
40 years of experience to drawupon andmuch of the
6.5million tonnes of offshore facilities installed on the
UK Continental Shelf (UKCS) to date have been
constructed by UK-based fabricators.
There continues to be significant opportunities for these
fabricators to grow their capabilities. Changes to the UK
tax regime encouraged investment on the UKCS to rise
significantly in 2013. This wave of investor confidence – the
highest recorded in the past 30 years – sent a strong signal
to the fabricationmarket of the opportunities available to
the sector and the potential for generating skilled jobs and
energising local economies.
A recent example of howgovernment tax allowances
help stimulate activity on the UKCS is EnQuest’s Kraken
project – one of the largest industrial investments of 2013.
This £4 billion project will secure a significant number of
jobs for the UK and provide a valuable source of primary
energy to enhance our security for decades to come.
I hope this directory will enhance your knowledge of the
UK fabrication sector and its valuable role in contributing to
the health and vitality of the UK oil and gas industry.
OonaghWerngrenMBE
Operations Director, Oil &Gas UK
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