Drilling & production - 21 April 2016

The award is the highest accolade for business success.

The well was spud on 20 April 2016. The company expects to reach a total measured depth of 2640 m.

A new technology system designed to address a common problem in the subsea industry is undergoing a shallow water trial at Portishead Quays marina.

The company has also announced its intent to maintain quarterly dividend of US$0.15 per share in Q2 2016.

The companies have signed an agreement to co-operate on engineering projects both in China and internationally.