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Galp will soon begin drilling the country's first deepwater offshore exploration well, but there is little hope of success as Galp Energy, head of exploration and production at Galp Energy, Portugal's largest energy company, said in Lisbon on July 2
, Reuters reported on July 2.
The project, developed by an international consortium of Galp and Italy's Eni off the coast of Vicenza, in the Alentejo region, has sparked protests
from environmentalists and local authorities.
Speaking at an oil engineering event in Lisbon, Christian told Reuters Health that the seismic data collected by the project made the project look "interesting, we have to at least give it a try", even if it turns out to be dry wells
.
He said the partners were "calibrating" the project to meet the conditions set by the Portuguese Environment Agency in May, but he did not see any delay
until drilling would begin in September.
He added that Portugal's first deepwater offshore exploration well is located in a geological structure that could resemble an oil-bearing formation
along Canada's east coast.
Galp will soon begin drilling the country's first deepwater offshore exploration well, but there is little hope of success as Galp Energy, head of exploration and production at Galp Energy, Portugal's largest energy company, said in Lisbon on July 2
, Reuters reported on July 2.
The project, developed by an international consortium of Galp and Italy's Eni off the coast of Vicenza, in the Alentejo region, has sparked protests
from environmentalists and local authorities.
Speaking at an oil engineering event in Lisbon, Christian told Reuters Health that the seismic data collected by the project made the project look "interesting, we have to at least give it a try", even if it turns out to be dry wells
.
He said the partners were "calibrating" the project to meet the conditions set by the Portuguese Environment Agency in May, but he did not see any delay
until drilling would begin in September.
He added that Portugal's first deepwater offshore exploration well is located in a geological structure that could resemble an oil-bearing formation
along Canada's east coast.
