London-headquartered Spirit Energy sees significant potential for growth in the UK, where it is about to start a high-impact, three-well drilling campaign in West of Shetland waters.
In addition, in Norway, the company recently brought on stream its first operated project, the Nkr4.6 billion ($541 million) Oda subsea development, five months ahead of schedule and 15% below budget.
In a few days, the semi-submersible rig Transocean Leader will spud the first of a trio of important horizontal probes on the UK Atlantic Margin.