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Sagex Petroleum ASA, was formed 17 August 2007 by combining: 
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Oil company with focus on NW Europe
- established in 2001
- only Icelandic oil company, preparing for Jan Mayen licensing round
- seismic acquired 2001/2002 Iceland and Faroes
- licences in UK, Faroes and Denmark
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Consultant and advisory company
- established in 1999
- a staff of 30, mainly from Saga Petroleum
- a number of clients in oil and offshore, Petoro, banks/financial and legal
- licensing rounds, due-dil, project management
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Knowledge based technology and projects
- Querqus: Petroleum system analysis
- Inoil Technology: Prospect database; technological building blocks, contract and HSE modules
- Inoil Petroleum and Magreb Energy: International E & P projects
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• Sagex core areas comprise offshore Norway, Faroe Islands and UK. • Sagex holds a balanced and high quality portfolio in licences with potential for providing major capital growth. • Causeway field in UK planned to come on-stream in 2011. |
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E-mail Enterprise No. 988120367 Legal Notice
