UK's first floating wind-powered oil & gas field moves forward as Cerulean seals Ping deal

Agreement between British developer and Malaysian petroleum player would see 23 million barrel North Sea Avalon project built around Sevan Hummingbird FPSO and single floating wind turbine with eye on 2025 start-up

TRANSITION TEAM: UK secretary of state Kwasi Kwarteng (top left) observes the signing between Zainal Abidin Abd Jalil and Rob Fisher of Ping Petroleum with Dan Jackson of Cerulean Winds and Tan Sri Syed Zainal Abidin Syed Mohamed Tahir of DNeX
TRANSITION TEAM: UK secretary of state Kwasi Kwarteng (top left) observes the signing between Zainal Abidin Abd Jalil and Rob Fisher of Ping Petroleum with Dan Jackson of Cerulean Winds and Tan Sri Syed Zainal Abidin Syed Mohamed Tahir of DNeXFoto: Cerulean Wind
Published 2 August 2022, 13:40Updated 2 August 2022, 13:57