Statoil halts Faroe drilling as winter sets in
OSLO Nov 27 (Reuters) - Oil and gas firm Statoil suspended work on its Brugdan II well offshore the Faroe Islands due to worsening weather conditions as winter sets in, the company said on Tuesday.
Statoil started drilling the well, 80 kilometres offshore, in June and has drilled into the sub-basalt region but has not yet reached its objective, the company said in a statement.
Statoil has a 50 percent stake in the license, ExxonMobil has 49 percent and Atlantic Petroleum P/F has 1 percent.
- Merkel says tightening Ukraine-Russian border is key to peace deal |
- Restraint marks Ferguson, Missouri protests for third straight night |
- Gaza gunmen execute 'collaborators'; mortar kills Israeli boy |
- U.S. hostage rescuers dropped from night sky: Syria activist
- U.S. says Russia must pull convoy from Ukraine or face more sanctions |