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News: September 2011
The National Energy Authority grants TGS-NOPEC a license to prospect for hydrocarbons
The National Energy Authority of Iceland has today issued a license to prospect for hydrocarbons to TGS-NOPEC Geophysical Company ASA in the northern part of the Dreki Area.
Read moreChanges to the Act on Taxation of Hydrocarbon Extraction and the Hydrocabons Act approved by Althingi
Bills that were necessary pre-requisites to the Second Licensing Round on the Icelandic Conintental Shelf have now been approved by Althingi.
Read more