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OWI 01/2016 - Teaser

23 The surveyor interceptor is a new ROV for inspection tasks. With its strong drive unit it can reach underwater speeds of 8.3 km/h. A 106 km long pipeline was completely inspected in just 17 hours. A bird in the hand is worth two in the bush. In the oil sector, market prices of below US$ 30 per barrel are taking things right down to the bone. Investment banks such as Goldman Sachs and Morgan Stanley even expect that market prices could drop to the US$ 20 mark. Because North Sea oil extraction would be loss-making at such conditions, the underwater industry is facing a collapse. In the UK since the summer of 2014, over 70,000 oil employees have lost their jobs. Aberdeen has been hit especially hard, the stronghold of the British oil industry. The ships there are at anchor because there are no more orders to be filled. At the end of January, Prime Minister David Cameron rushed to Aberdeen with £ 250 million to sign a “city deal”. A further £ 250 million is to come from Scottish coffers. The money will be invested in the port, the infrastructure and energy research to limit the damage of the crisis. “The British government is 100 % behind this industry, behind Aberdeen, behind Scotland in making the best of the opportunities we have,” said Cameron.


OWI 01/2016 - Teaser
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