Galp-ENI denied extention for Aljezur test-well drilling

oilAljezurImage Portugal’s government has given a “no” to the oil consortium Galp-Eni which had asked for test drilling contract extension for a further year to December 2018.

In a surprise move, the Government refusal to extend the contract, signed with the consortium to enable it to drill off Aljezur, stating that local councils potentially affected need to agree the extension.

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