Held during great weather in June, the Magma team of ten sailors took first place in the Port Solent to Cowes Energy Regatta 2014. Each of the teams took part racing Beneteau F40 boats against fifteen other competing companies from the oil and gas sector in a five race regatta series.
Magma CEO Martin Jones said of the Magma yacht’s performance, “It was a fantastic team effort from all of the people on board. The series was neck and neck throughout most of the five races and we were delighted to triumph against stiff competition.”
Magma partner company M-Flow also came a close third behind Nexen 1, beating other entrants that included Woodgroup, Gazprom, Tullow, Premier Oil, GDF and OMV.