Press conference regarding the granting of the first licences in the Dreki Area


Orkustofnun will issue two licenses for exploration and production of hydrocarbons in the Dreki Area on Friday, January 4, 2013. Licenses will be granted to Faroe Petroleum Norge AS, Branch in Iceland, Iceland Petroleum ehf. and Petoro Iceland AS, on the one hand, and Valiant Petroleum ehf., Kolvetni ehf. and Petoro Iceland AS on the other.

The Norwegian Minister of Petroleum and Energy, Mr. Ola Borten Moe, will be present at the signing of the licenses as the state oil company of Norway, Petoro, will participate in both licenses. Steingrímur J. Sigfússon, Minister of Industries and Innovation, and Guðni A. Jóhannesson, Director General of Orkustofnun will be available for questions from the press following the issuing of the licenses

The Press Conference will take place at the government's reception premises on Friday, January 4 at 10:00.