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Offshore & subsea - 23 November 2017

Otto Energy: SM71 platform installation complete

The Tetra Hedronderrick barge has de-mobilised off location after successfully placing the jacket and decks over the SM 71 F1 well (drilled in 2016) and securing the structure with pilings.

 
 

UK Budget commentary: North Sea Oil & Gas

Bob Ruddiman, Head of Oil and Gas at legal firm Pinsent Masons, welcomed Chancellor Philip Hammond’s Budget concessions on Transferable Tax Histories for North Sea oil and gas operators.