MOL offered four North Sea licenses
Hungarian oil and gas company MOL announced yesterday that it was offered four licenses on the U.K. Continental Shelf in a licensing round. The operator tagged the licenses as “highly prospective” and they involve the territory of the North Sea.
The process will be concluded after MOL and its partner formally accept the licenses following further reconciliation with U.K. Department of Energy & Climate Change (DECC), MOL said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.