Oil & Gas Exploration

Source: Kinga Warda¸ PKF Malta¸ May 2013

The Mediterranean island of Malta has for many years harbored hopes of offshore exploration. With the new Government promises to give a boost to oil exploration in the Maltese waters¸ it can become reality. The recent development of Oil & Gas exploration and production in Malta has increased the possibility of new business opportunities. It is interesting to read that PKF Malta offers an array of services to various clients from several sectors of the energy business.

The oil and gas industries rely more than ever on advanced technologies to develop reliable¸ innovative ways to optimize exploration¸ production and transportation. It’s a challenge for and drilling industry to continually develop new subsea technologies to meet the rising demands for petroleum products.

Malta has a long history of oil & gas drilling.  Unfortunately for the Maltese¸ exploration has never really had a chance to gather momentum.  Soon that may change.  Malta with its ideal location in the heart of the Mediterranean Sea offers numerous advantages for Oil & Gas exploration. Among them:

–          Ideal logistics base for regional operations¸

–          Well-established cadre of professional advisors¸

–          Comprehensive network of double taxation treaties and tax incentives¸

To learn more about benefits Malta has to offer¸ visit our section Oil & Gas Exploration Opportunities in Offshore Malta

Our team can assist you with oil & gas exploration projects. We can provide you with unique advice with regards to the administration of offshore drilling platforms and new legal requirements and interpretations of existing legislation applicable to maritime laws.

For more information please contact:

Mr George M. Mangion

Senior Partner PKF Malta

35¸ Mannarino Road¸ Birkirkara BKR 9080 Malta

T: +356 21484373¸

M: +356 99496848

E: gmm@pkfmalta.com

W: www.tunemalta.com; www.pkfmalta.com

<p sty