New research from the Aberdeen Exhibition and Conference Centre (AECC) shows that the economic impact generated by the venue’s largest event, Offshore Europe (OE), is much higher than reported for previous shows.

The event contributed £53.9 million of economic impact to the region upon its 40th anniversary in 2013, during which the organisers staged the biggest conference since the Aberdeen event was established in 1973, with a record 63,000 people attending over the four day.

The theme for the 2013 event was ‘The Next 50 Years’, representing the continued success story of the industry in terms of future production and the associated strong supply chain. During the event, a team of interviewers questioned over 900 delegates and exhibitors to establish their direct event-related expenditure, with the total economic impact of the event, subsequently valued at £53.9 million.

Eric Doyle, Regional Director – Europe at Aquaterra Energy, added: “Offshore Europe is an incredibly valuable event for the offshore energy industry, and Aquaterra Energy is proud to be attending again in 2015.

“This event is of huge benefit to the industry and provides valuable networking opportunities for companies across the entire oil and gas supply chain. Aquaterra Energy will be showcasing its riser systems and minimum facilities platforms, including the Sea Swift, with scale models which illustrate the team’s innovative engineering and expertise.”