Scottish Subsea expertise to make billions raising World War 1 and 2 wreck cargoes

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The expertise built up by several Scottish companies since the beginning of oil exploration and production in the North Sea, now earns more for the Scottish economy than the oil does. See:

Scottish subsea expertise to the fore again

If you search the blog for ‘expertise’ you’ll get numerous reports on this. Now, in an interesting twist, Scottish subsea expertise will raise billions as well as targeted cargoes in wrecks. There are an estimated 7 500 wrecks from these two conflicts on the bottom and 700 of them were carrying gold!

The company involved is Aleron Subsea Technology, based in Aberdeenshire. The whole project, in the Atlantic, was worth £145 billion.

https://www.energyvoice.com/other-news/159240/aberdeenshire-subsea-firm-gets-deep-145billion-salvage-operation/

Here are some other reports on the value of Scottish subsea expertise:

Scotland’s sub-sea expertise earns £15 million research fund to work with Japan

Dunfermline-based firm secures contract to supply subsea equipment for huge oilfield west of Shetland

As Scotland’s subsea energy generation takes off, the SNP Government continues to invest

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