Edison awarded license offshore Malta

Blocks 1, 2, and 3 of Area 3 offshore Malta.
Blocks 1, 2, and 3 of Area 3 offshore Malta.
Malta Today

Offshore staff

VALETTA, Malta – The government of Malta has awarded Italy’s Edison International an exploration license for blocks 1, 2, and 3 of Area 3 offshore the island's north coast, according to a report by Malta Today.

The area is said to cover around 6,400 sq km (2,471 sq mi).

Although the Exploration Study Agreement has a duration of one year, it could be extended by a further two years subject to an additional work program.

The main initial work obligations are geological and geophysical studies of existing data.

Energean recently agreed on terms to acquire Edison E&P.

07/25/2019

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