Tag: Faroe Petroleum

• Tuesday, December 4th 2012 - 19:47 UTC

  Aberdeen oil firm secures exploration licences on Iceland continental shelf

  

  Aberdeen oil firm Faroe Petroleum has secured provisional exploration licences in the Dreki area on the Icelandic Continental Shelf. The company said the licences were “extensive”, encompassing seven blocks located inside the Arctic Circle to the north east of Iceland.