Icelandic Company Eyes East Greenland Oil Search Skip to content

Icelandic Company Eyes East Greenland Oil Search

Icelandic transportation company Eimskip is among 11 companies which have applied for a special permit to service the search for oil in East Greenland from North Iceland in the first round of bidding, visir.is reports.

greenland_03_ps
From Greenland. Photo by Páll Stefánsson.

Until now, the search for oil in Greenland has focused on the western part of the country. However, the search for oil is now also taking place in the east, making North Iceland, some argue, an ideal location for a service center.

Companies in North Iceland have also hoping to participate in projects related to oil production, mining and development in infrastructure in Greenland.

Click here to read more about that story.

ZR

Click here to learn about our custom made photo book Iceland 2012 with the best pictures of the year.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter

Recommended Posts