Trio exit exploration license offshore Faroes

Statoil and partners ExxonMobil and OMV have relinquished an exploration license offshore the Faroe Islands.

Mar 11th, 2014

Offshore staff

TORSHAVN, Faroe Islands – Statoil and partners ExxonMobil and OMV have relinquished an exploration license offshore the Faroe Islands.

License 009 was awarded in January 2005. However, following disappointing exploration results the partnership has opted to withdraw.

03/11/2014

More in Regional Reports
Regional Reports
Lukoil signs for midwater Caspian block