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Montevideo, April 19th 2024 - 12:57 UTC

Tag: Argo

  • Tuesday, April 14th 2015 - 11:49 UTC

    Falklands oil explorers replace costly drilling in the south-east basin

    The Eirik Rude semi-submersible platform is currently drilling a second well at Isobel Deep in the north Falkland basin

    Three oil explorers drilling in the Falkland Islands, including Houston based Noble Energy have shelved plans to drill a second well in the south and east Falklands following the steep drop in oil prices, one of the partners said on Monday. Partners, which also include London-listed Falkland Oil and Gas (FOGL) and Edison International, said they would continue drilling in other parts of the region.