The award recognises excellence in overall company performance in the subsea sector based on developments to date, as well as plans for future success and growth.
Bibby Offshore chief executive Howard Woodcock said some of the company's recent successes included opening a new division and international base in Houston, and winning a contract with Centrica Energy worth up to £40 ($A73) million.
He said the company's Singapore branch had also secured significant contracts with Brunei Shell Petroleum.
"We have also expanded our fleet considerably with the charter of the Olympic Ares construction support vessel, the Mermaid Endurer and the EDT Jane," Woodcock said.
"In [northern] spring last year the company moved into a multi-million pound purpose-built HQ to accommodate our growing workforce."
The company started with 10 employees in 2003 and these days has more than 1300 on its payroll with offices in Aberdeen, Liverpool, Singapore, Houston and Trinidad.
The company has a fleet of eight subsea support vessels and 15 ROVs.
Other winners in the Subsea Awards were:
- Photosynergy: Innovation for Safety
- ROVOP: New Enterprise
- Viper Subsea: Innovation and Technology
- Expro Group: Global Exports
- European Circuits: New to Exporting Award
Apollo Offshore Engineering's Richard Bell won the Emerging Talent award for his work in growing the company's revenues in the north and southeast of England.
Bell was instrumental in developing Apollo's Process and Flow Assurance client base in Aberdeen, which has helped make the company the trusted engineering partner of many of Aberdeen's largest operators and contractors.
VerdErg's John White won the Outstanding Contribution Award, in recognition of a subsea career that has spanned nearly four decades.
Subsea UK chief executive Neil Gordon said White had co-founded Furness Underwater Engineering in 1979 as one of the first specialist subsea engineering companies, and had become a well-respected figure in the industry.
"John has led the design of the Diverless Maintained Cluster field architecture, which was adopted by BP in the [19]90s for the Foinaven and Scheihallion fields and subsequently the Quadrant 204 development, west of Shetland," Gordon said.
"Due to his strong leadership he has facilitated the five-fold growth of VerdErg since 2005."
