Enegi to drill for North Sea oil
26th October 2012
MANCHESTER-based oil exploration firm Enegi has secured two licences for the North Sea. It bid for the licences in March alongside Aberdeen-based ABT Technology which has devised a way of extracting difficult to reach oil using buoy technology.The two companies are targeting oil fields that are already known about but are currently considered to costly to extract."Of greatest importance in selecting these assets was a clear indication of the presence of hydrocarbons, remoteness from available infrastructure meaning that a small, st......for the full story register now for free or login below...
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