Offshore staff
LONDON -- Northern Petroleum and Shell Italia E&P are acquiring a 3D seismic survey offshore Sicily. Shell will fund the prospect-defining program in the joint venture area which covers the G.R17.NP, G.R18.NP, G.R19.NP, G.R20.NP, G.R21.NP, and G.R22.NP licenses. A 2,300-km (1,429-mi) 2D survey was recorded over the license area earlier this year.
Under the terms of the farm-out agreement, Shell holds 55% in G.R17.NP, G.R18.NP, and G.R19.NP; and 70% in G.R20.NP, G.R21.NP, and G.R22.NP. Northern will continue as the operator during the seismic phase and Shell will assume operatorship for the drilling phase.
10/06/2009
Northern Petroleum, Shell to acquire offshore Sicily seismic
Northern Petroleum and Shell Italia E&P are acquiring a 3D seismic survey offshore Sicily.
Oct 6th, 2009
