Overview page containing news articles

Faroe Petroleum

List of the highlighted articles

Posted: about 1 year ago

DNO in capex boost. Earmarks $190M for North Sea ops

Oil and gas company DNO focused on Kurdistan, and as of recently on the North Sea after buying Faroe...

Posted: about 1 year ago
Posted: over 2 years ago

Faroe, Shell, Spirit team up for Edinburgh prospect

Faroe Petroleum has made a partnership with Shell and Spirit Energy following the award of PL 969 in...

Posted: over 2 years ago
Posted: over 2 years ago

Faroe directors resign as DNO takeover imminent

Faroe Petroleum’s executive directors have given notice of resignation amid DNO’s immine...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Faroe to revise Brasse size estimate as drilling results in

Faroe Petroleum, soon to be taken over by Norway’s DNO, has shared final results of the Brasse...

Posted: over 2 years ago
Posted: over 2 years ago

'Faroe had a good run. The baton now passes to DNO'

Norwegian oil company DNO is taking over Faroe Petroleum. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Faroe Petroleum board bows down to DNO

After weeks of resisting the hostile takeover push by the Norwegian oil company DNO, Faroe Petroleum...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

DNO lifts takeover offer for Faroe Petroleum to 160p a share

Norway’s DNO has increased its takeover offer for Faroe Petroleum. The company which in November lau...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

DNO slams Faroe's 'glossy' report as Oda reserves lowered

Norway’s DNO is not letting off Faroe Petroleum’s management, this time criticizing its ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Faroe tells shareholders not to sell shares

Faroe Petroleum, a target of DNO’s hostile takeover bid of 152p a share, has once again urged shareh...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

DNO extends Faroe bid deadline

Oil company DNO has extended the deadline for Faroe Petroleum shareholders to accept its 152 pence a...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Faroe: Mixed results from Brasse wells

Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the North Sea...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Industry Contribution

Faccin Wind Towers Division: a reliable partner for your wind energy project

Faccin Group created a Wind Towers Division within the company. Why? Eng. Andrea Comparin: “Ac...

Posted: about 1 month ago
Industry Contribution

Maritime Insurance Market Update, Q3 2020

‘Clients, advisors and insurers are in the same boat.’ Effective cooperation is necessary to keep ri...

Posted: 2 months ago
Posted: over 2 years ago

Faroe on takeover bid: DNO wants it on the cheap

Oil company Faroe Petroleum has again urged shareholders to ignore the unsolicited takeover offer by...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

DNO presents takeover bid to Faroe shareholders

Oslo-listed DNO ASA is adamant in its intention to fully take over Faroe Petroleum, despite the Faro...

Posted: over 2 years ago
Posted: over 2 years ago

Spirit Energy spuds Cassidy well offshore Norway

Spirit Energy has started drilling the Cassidy exploration well in the Norwegian sector of the North...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Industry Contribution
Partner

It’s all about power flow

Integration of renewable energies on a ship – and in other island networks Interview with Jero...

Posted: 4 months ago
Posted: over 2 years ago

Equinor, Faroe swap Norwegian assets

Equinor and Faroe Petroleum have agreed a number of transactions in the Norwegian Sea and the North ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Faroe Petroleum's Rungne well disappoints

Faroe Petroleum has failed to find hydrocarbons in the primary target of its Rungne exploration well...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Faroe increases credit facility to underpin growth plans

Faroe Petroleum has increased and extended the duration of its Reserve Based Lending bank credit fac...

Categories:
  • Business & Finance
Posted: over 2 years ago
Industry Contribution

“ETICA IP” ROV & USV a staunch green ally for the blue economy indystry & ocean sustainability

By Ioana Laura Grigore. Our concept of blue economy & ocean sustainability in offshore industry ...

Posted: 3 months ago
Posted: over 2 years ago

Faroe Petroleum spuds Rungne well offshore Norway

Faroe Petroleum has started drilling the Rungne exploration well in the Norwegian sector of the Nort...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Faroe picks up consent for Brasse East well

Faroe Petroleum has received consent from the PSA for exploration drilling in the North Sea using th...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

DNO's request for representation would be ‘soundly defeated'

Faroe Petroleum has stated that the request by DNO to appoint two of its directors to the Faroe boar...

Posted: over 2 years ago
Posted: over 2 years ago

Azinor Catalyst spuds Agar Platain well in North Sea

Azinor Catalyst started drilling the 9/14a-16 well on the Agar Plantain Prospect on August 24, 2018,...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

DNO backs off with Faroe board appointment request

DNO ASA has withdrawn its request for a shareholders meeting of Faroe in which it holds a 28.23 perc...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Faroe cries foul as DNO attempts to squeeze in two directors

Faroe Petroleum has recommended that shareholders vote against the appointment of two directors sugg...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Faroe in Agar Plantain farm-in. Targets two oil prospects

Faroe Petroleum has farmed into the UK Continental Shelf Agar/Plantain exploration and appraisal wel...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Faroe plans Rungne spud for September

Faroe Petroleum is preparing to spud its Rungne exploration well in the North Sea, offshore Norway. ...

Categories:
  • Exploration & Production
Posted: over 2 years ago