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Montevideo, November 15th 2024 - 07:47 UTC

Tag: Rockhopper's Ombrina Mare

  • Thursday, January 7th 2016 - 09:19 UTC

    Rockhopper faces challenge with offshore exploration project in Italy

    Italy's parliament recently approved propositions which included the reintroduction of restrictions on offshore oil and gas activity close to the coast

    Rockhopper Exploration PLC on Wednesday was forced back to the drawing board to review its Ombrina Mare project offshore Italy after the country's parliament reintroduced restrictions on activity near the coast. The news could be a blow to the company, which is set to merge with Falkland Oil & Gas Ltd, after Falkland Oil shareholders approved the deal on Tuesday.