An "extreme" engineering centre will be built in Newcastle to help develop subsea technology.
The £7 million Neptune National Centre will be created on the River Tyne in the city.
The centre was unveiled by the Business Secretary Vince Cable as part of a new oil and gas strategy.
The centre will be built on the north bank of the river on Neptune Energy Park, part of Shepherd Offshore.
It is billed by Newcastle University, which is providing funds for the scheme, as a centrepiece for economic revival.
The project, also supported by Newcastle City Council, includes plans for a hyperbaric chamber capable of testing technology and materials at temperatures and pressures equivalent to those found at the deepest ocean depths.