On Thursday, joint venture partner Rockhopper Exploration announced the decision in a release to the London Stock Exchange.

Premier recommended the tension leg platform option as the most suitable way of developing the Sea Lion project.

Rockhopper Exploration chief executive Sam Moody said he agreed with that recommendation.

“The tension leg platform provides operational and commercial advantages over the floating production, storage and offloading vessel alternative and it was worth taking the extra time needed to evaluate the option,” he said.

“We