Offshore & subsea - 04 February 2020

The company has announced an increase in gross prospective resources to 5.14 billion boe in the Orinduik block offshore Guyana.

The Geoquip Marine survey vessel MV Investigator is at the proposed site for the NJOM-3 well, and is presently conducting the site survey.

The system will be installed on FTAI’s flagship DP3 vessel M/V Pride.

The survey will provide modern 3D data over held and vacant acreage in the frontier Papuan Basin.

The UK’s underwater engineering industry is set to recruit 8928 people in the next three years, according to the findings of a new report.