Several oil companies targeting the area east of the Faroes

It is not just the large international oil companies like BP, Chevron, Total and Shell, which are making their mark west of Shetland.

Among the many oil and gas discoveries made on the Atlantic Margin area east of the Faroes border towards the UK sector, there are also several average to small-sized and for us quite unknown oil companies, which are now trying to establish if these discoveries are large enough to merit a production development.

One of these companies is Hurricane Energy…

Read more here

 

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