© Repsol Sinopec Resources UK

The Piper Bravo platform is being moved ahead as the preferred option to develop a joint Hibiscus and Ithaca Energy project in the North Sea.
Malaysia’s Hibiscus Petroleum owns the Marigold cluster, which neighbours the Ithaca Yeoman discovery, with the two working together on a joint development plan.
Hibiscus, which last year said it was in “exclusivity arrangements” on an FPSO for Marigold, confirmed today that a joint team is being set up in Aberdeen to progress Piper Bravo as the development option.
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