Area Drilling

Faroe IslandsItaly's Agip opened an office in the capital, Torshavn.An intensive and multifaceted exploration under way for several years by Agip (U.K.) Ltd. and Agip Denmark BV on the Faroes continental shelf included an innovative, proprietary geophysical survey in 1999, Agip parent ENI said.The Faroes first licensing round is set for January 2000.Georgia RepublicA unit of CanArgo Energy Corp., Calgary, began gas sales in December 1999 from Ninotsminda field to AES Telasi for delivery to the Gardabani thermal power plant. It is the first domestic gas supply contract for electrical generation in the republic.Deliveries are to climb to 17 MMcfd. AES Telasi agreed to buy all gas produc...

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