Treviso Authorities Approved Nervesa EIA

Source: www.gulfoilandgas.com 9/2/2014, Location: Europe

Sound Oil, the Mediterranean focused upstream oil and gas company, is pleased to announce that the Treviso Province authorities have approved the Environmental Impact Assessment ("EIA") for the second appraisal well of the Nervesa gas discovery, which will target its Southern limb.

It is expected that EIA final approval from the Veneto Region and the drilling authorization from the Italian Ministry of Economic Development will follow with a view to commencing operations on site in the fourth quarter.

James Parsons, Sound Oil's Chief Executive Officer commented:
"This is an important step for our business. Nervesa remains a flagship project for Sound Oil with an estimated NPV10 of circa US$66 million (100%). I am also very encouraged by the streamlining of the Italian oil and gas permitting process, announced by the Prime Minister on Friday, which we expect to result in faster approval timelines going forward."


Japan >>  5/16/2022 - Bushu Gas Co., Ltd. (Bushu Gas), INPEX CORPORATION (INPEX) and Tsuneishi Kamtecs Corporation (Tsuneishi Kamtecs) jointly announced today that Bushu Ga...
United States >>  5/16/2022 - Caracara Services, LLC announced it has entered into a joint venture agreement with a wholly owned subsidiary of Houston-based Battalion Oil Corporati...

United States >>  5/16/2022 - Xcel Energy announced several key leadership changes designed to advance the company’s groundbreaking commitment to lead the company’s clean energy tr...
Indonesia >>  5/14/2022 - As a world-class energy company, Pertamina continues to develop its business by cooperating with global partners. As an embodiment of Go Global, Perta...

Japan >>  5/13/2022 - Chiyoda Corporation (Chiyoda), JERA Co. Inc. (JERA) and The Research Institute of Innovative Technology for the Earth (RITE) have commenced technology...
Indonesia >>  5/12/2022 - Chevron Corporation (CVX) through its subsidiary Chevron New Ventures Pte. Ltd. (Chevron), and Indonesia’s PT Pertamina (Persero) announced a partners...

Related Categories: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 

Related Articles: Ecological & Environmental  Emissions Measuring  Environment Management, Consultancy  Environmental Services  General  Hazardous Waste Management  Oil Spill & Emergency Response  Safety Services  Waste Disposal 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.