italy offshore the new north sea

British independent Northern Petroleum has farmed out six of its licences offshore Sicily to European major Royal Dutch Shell.

Australian explorer Po Valley Energy has signed its first gas offtake deal for output from its northern Italian gas fields. The three-year sales agreement, which is worth AUD77.5mn (US$55.2mn),

All eyes will be on ADX which has bids recieved bids for there submersible rig and will be drilling soon



Italy as Shell says the new north sea without the cost its worth having a look on the net about whats happening in Italy.
These articles are just a few of what the big boys are doing
Shell farming into what they can. Pretty exciting times on offshore Italy.