Chevron announced that its Myanmar subsidiary, Unocal Myanmar Offshore Co., Ltd., has been granted exploration rights in a block located offshore Myanmar, in the Rakhine basin.
Faroe Petroleum Audited Preliminary Results for 2013
March 25, 2014 by Leave a Comment
Faroe Petroleum, an independent oil and gas group focused on oil and gas exploration and production in Norway, the Atlantic margin and the UK North Sea, announced today its audited Preliminary Results for the year ended 31 December 2013.
Oil Potential Offshore Northern Ireland
March 7, 2013 by Leave a Comment
During late January a report from Providence Resources revealed significant oil potential in the area in the Rathlin Basin offshore northern Ireland. Providence’s report was based on Full Tensor Gradiometry (FTG) and magnetic airborne survey carried out by Bell Geospace. Initial processing of these data revealed the presence of five FTG anomalies which were deemed prospective for hydrocarbon exploration.