Press release by HIE: Orkney marine specialist expands its operations
Published on December 6 2018
‘International marine energy developers could have access to innovative new technology being developed by Orkney based marine specialist Leask Marine.
The company is researching and developing the world’s first submersible drilling rig of its kind and size, purchasing new equipment and creating jobs with support from Highlands and Islands Enterprise (HIE) and Scottish Enterprise (SE).
Leask Marine will invest £1.5 million in its R&D project, which is supported by a SMART: SCOTLAND R&D grant of £488,688 as contribution from SE towards the project costs. The project will enable the company to design, manufacture, assemble and test the viability of a submersible drilling rig suitable for highly turbulent marine conditions.'