Offshore & subsea - 15 May 2018

Panoro has announced the successful drilling of the DTM-3 appraisal well located at the Tortue field, within the Dussafu License, offshore Gabon.

JDR Cable Systems, the leading supplier of subsea power cables and umbilicals to the global offshore energy industry owned by TFKable Group, has been awarded a contract by McDermott for the Safaniya project. Owned and operated by Saudi Aramco, Safaniya is the world’s largest offshore oilfield located in the Persian Gulf. 

Owned and operated by Saudi Aramco, Safaniya is the world’s largest offshore oilfield located in the Persian Gulf.

Wood has announced the next phase of a collaborative industry effort to develop a better understanding of the reliability of subsea equipment for use offshore Australia.

The company has attracted backing from three UK-based investment houses, Green Angel Syndicate, Cambridge Angels and Bristol Private Equity Club.