The consortium of Italian Eni and Russian Novatek has launched the first exploratory oil drilling activities in the Montenegrin undersea area. The exploratory drilling activities at a depth of 6,530 meters, in the sea area between Bar and Ulcinj, some 28 kilometers from the coast. The activities Full article available for subscribers of Energy NEWS […]
Greek Hydrocarbon Management Company (EDEY) was forced to grant several extensions for offshore hydrocarbon exploration licenses due to adverse impact of the coronavirus pandemic on global oil market, which prompted major players to postpone their exploration activities. Energean Oil & Gas and He Full article available for subscribers of Energy NEWS service (PDF publications, energy […]
State Secretary at the Ministry of Capital Investments Marko Perunovic said that a consortium of Italian Eni and Russian Novatek plans to start the first exploratory oil and gas drilling offshore Montenegro on 25 March. Perunovic said that preliminary finding are optimistic, adding that the resu Full article available for subscribers of Energy NEWS service […]