Island Oil & Gas Wins Q13b Exploration License

Wednesday, April 09, 2008

Island Oil & Gas Plc. said it has won the Q13b exploration licence from the Dutch government, valid for five years.
The minister of economic affairs of the awarded the license to Island Netherlands B.V., a wholly owned unit of Island Oil, and , the designated operator, will hold a 100 percent working interest in the license.
Island Oil intends to split the license into a shallow (oil) and deep (gas) part, with Island Oil operating the shallow part with a 100 percent interest and Cirrus Energy Nederland B.V. operating, on behalf of its partner Petro-Canada Netherlands B.V., the deep part in which Island Oil will have no equity interest.
The Q13b license contains part of the Zaan Field which has up to 12.4 million barrels of gross oil in place.

Source:  Thompson Financial

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Former BP Boss Browne is DEA Chairman

Lord John Browne heads DEA's supervisory board * LetterOne co-owners Fridman, Khan also join * Unit changes name to DEA Deutsche Erdoel AG FRANKFURT, March 3 (Reuters) - DEA,

Holland America Line Appoints Geivett as Director, Social Media

Holland America Line has hired Kathryn Geivett as director, social media. In this capacity Geivett’s primary responsibility will be to drive, plan and oversee

Faster Rotterdam-St Petersburg Link

The Rotterdam (Netherlands)-based neutral consolidator FPS Famous Pacific Shipping has launched a new, weekly ocean LCL service from Rotterdam to St Petersburg

 
 
Maritime Contracts Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1964 sec (5 req/sec)