FAR Ltd., Senegal, offshore, oil

The Melbourne-based junior’s profile was raised recently with the first offshore Senegal discovery in 20 years. Managing Director Cath Norman explains the significance of the discovery and where the company can go from here.

Blocks offered target both mature plays and new frontiers. 

The next energy hot spots make the move to the front burner. 

Bob Fryklund, IHS, OTC, Offshore Technology Conference, Houston, Deepwater, E&P

Demand for oil will make it a significant player in both the near and long term. By 2040, the industry will need to bring 50 MMbbl/d into production to keep up.

JIP research focuses on deepwater sampling systems, subsea sensors and subsea clamp-on meters.