MX Oil has raised £500 000 before expenses via a placing (the Placing) of 100 million new ordinary shares at a price of 0.5 pence per share (the Placing Shares). The funds raised will enable further development of the Aje project.
EXMAR has announced that its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine shipyard.
Dr Daniel Denning, Systems Lead Engineer for Viper Innovations, explains how combined power and monitoring technology is a step-change in the way subsea networks are maintained.
Two-thousand-ton process module to be installed on Leviathan Field to recover MEG used for hydrate inhibition.