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...Most were made out of coral stone and some were added to and reinforced over two centuries....
...A consortium led by Eni of Italy last year gave the go-ahead to an $8bn floating LNG project called Coral, with a capacity of about 3.4m tonnes per year....
...Inside Area 4, sometimes called the Mamba Complex, is the Coral field, which lies too far from the coast for its gas to be economically piped ashore....
...“The petroleum sector has provided a lot of jobs and income for the state,” says Terje Soviknes, Norway’s minister of petroleum and energy....
...Among small caps, Faroe Petroleum jumped 15.2 per cent to 159p after the explorer said an oil discovery at its Fulla well off the coast of the Shetland isles had exceeded expectations....
...Italia, Petroceltic, Hunt Oil, San Leon Energy, Nautical Petroleum, Puma Petroleum and Sviluppo Risorse Naturali....
...The addition of dispersant to the oil seems to have reduced pollution along the coast but potentially at a cost to marine life elsewhere....
...Full exemption from basic customs duty is being provided to rough corals for encouraging value-addition and export....
...Fellow oil explorer BowLeven gained 37 per cent to 452½p after positive news on its drilling project off the coast of Cameroon....
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