Exploring the Arctic Circle

Faroe Petroleum has won acreage in the Dreiki area on the Icelandic Continental Shelf. Faroe will operate seven license blocks south of the Jan Mayen Ridge inside the Arctic Circle northeast of Iceland. Faroe will hold 67.5% interest in blocks IS6708/8, 9, 10, 11 and 12 along with partners Petoro (25%) and Iceland Petroleum. Faroe will operate blocks IS6708/1 and 2 with 90% interest with Iceland Petroleum (10%).

Current News

TotalEnergies’ Offshore Platform Workers in UK Secure Better Conditions

TotalEnergies’ Offshore Platfo

Petronas Expands Suriname Portfolio with Deepwater Block Acquisition

Petronas Expands Suriname Port

Egypt Still on Hold as Israel Resumes Limited Gas Exports

Egypt Still on Hold as Israel

Norway's Oil and Gas Output Falls Behind Forecast In May

Norway's Oil and Gas Output Fa

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine