DUCO has picked up the ‘Company of the Year’ accolade at this year’s Subsea UK awards ceremony.

The UK company, which supplies umbilical systems supplies and offshore services for the subsea sector, has seen turnover increase year on year, with more than £100m in new contracts awarded in 2011 alone.

Meanwhile, the ‘New Enterprise’ award, sponsored by Technip, went Scotland’s Subsea Services for delivering offshore projects across Europe and North Africa.

Subsea UK chief executive Neil Gordon said: "An impressive shortlist this year meant it was tougher than ever to identify clear winners. The winners represent the impressive range of talent and innovation that is keeping the UK subsea sector at the forefront across the globe."

Nautronix was also successful and walked away with the ‘Innovation and Technology’ gong for its Nautronix subsea emergency blowout preventer product.

The award for global exports, supported by Scottish Enterprise, went to Bowtech for the successful implementation of their ambitious export marketing strategy.

Expro picked up the accolade for safety leadership, while this to Jerry Baker, Chief Engineer at Atkins, was recognised for outstanding achievement.