The company
Vermilion is the French subsidiary of a Canadian oil and gas producer: it explores, produces and sells oil from 26 concessions and close to 370 producing wells in France. It has its french headquarters in Parentis near Bordeaux with 3 additional offices in South-East of Paris and two in the south west of France . It is the largest oil producer in France. Vermilion has been a very active operator in France with more than 1 billion in investment since 1997 and 400 million in the last 4 years, 78 wells drilled and 1500 well interventions.
Besides France, Vermilion has operating units in the Netherlands, Germany, Ireland and Croatia for Europe. The other international business units are in Canada, USA and Australia.
Role in the Project
In MEET, VERMILION will give access to their own oil well site, will perform technical task for co-production and will study end-of-life oil well conversion.