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Multi-million energy investment

A multi-million pound investment in Britain's oil and gas supplies will be announced by the Government today.

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'Extreme' engineering centre for subsea technology

An "extreme" engineering centre will be built to help develop deep sea technology.

The £7 million Neptune National Centre will be created on the River Tyne in Newcastle.

The River Tyne in Newcastle, where the Neptune National Centre will be created Credit: John Giles/PA Archive

Unveiling the centre as as part of a new oil and gas strategy, Business Secretary Vince Cable said: "This cutting-edge new facility will help put our academic community and industry at the centre of subsea and offshore engineering research."

Newcastle University will help provide funds of try scheme as a centrepiece for economic revival.

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