News: October 2013

Potential participation by the Norwegian state in a new licence for exploration and production of hydrocarbons - 16.10.2013

Orkustofnun has today sent the Norwegian authorities a draft of a licence to the Chinese oil company CNOOC International Ltd., daughter company in Iceland, and Eykon Energy ehf. and requested the formal decision from Norway on participation in the licence. The Norwegian State has a right to participate with an interest of 25 % in the licence involved which is 6,227 sq. km in area. Norway has 30 days to make their decision.
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Successful seafloor sampling in Skjálfandi Bay - 15.10.2013

Orkustofnun recently collected cores from the seafloor of Skjálfandi Bay in order to seek thermogenic gas in the sediments.

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