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Faroe Petroleum Norge has Received Consent for Exploration drilling

Source: www.gulfoilandgas.com 8/8/2018, Location: Europe

Norway's Petroleum Safety Authority has given Faroe Petroleum consent to drill exploration well 30/6-30 in production licence PL 825. The well will test a prospect called Rungne.

Drilling is scheduled to begin in October 2018 and last around 44 days, depending on whether a find is made.The geographical coordinates of the drill site will be:60 43' 23.253" N 02 43' 12.554" E.

The well is to be drilled by Transocean Arctic, which is a semi-submersible drilling facility of the Marosso 56 type, built by Mitsubishi Heavy Industries in Japan in 1987. It is classified by DNV GL and registered in the Marshall Islands.

The facility is operated by Transocean Ltd and received Acknowledgement of Compliance (AoC) from the PSA in June 2004.

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