OMV cuts size of find off Norway after appraisal flop

Austrian operator reduces recoverable resource estimate for Hades but combined discovery with Iris still under evaluation

Drilling disappointment: for OMV at Hades appraisal, drilled with the Island Innovator — Drilling disappointment: for OMV at Hades appraisal, drilled with the Island InnovatorPhoto: NTB/SCANPIX

Steve Marshall

Oslo

Norwegian Sea Norwegian Petroleum Directorate OMV Norway Europe

Published 28 July 2020, 07:16Updated 28 July 2020, 07:16