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: about 1 year ago
Faroe, Shell, Spirit form partnership to drill Edinburgh prospect
Faroe Petroleum has made a partnership with Shell and Spirit Energy following the award of PL 969 in...
Posted: about 1 year ago
Posted: about 1 year ago
Faroe directors resign as DNO takeover imminent
Faroe Petroleum’s executive directors have given notice of resignation amid DNO’s immine...
Posted: about 1 year ago
Posted: about 1 year ago
Faroe to revise Brasse field reserves estimate as drilling results in
Faroe Petroleum, soon to be taken over by Norway’s DNO, has shared final results of the Brasse...
Posted: about 1 year ago
Posted: about 1 year ago
‘Faroe had a good run. The baton now passes to DNO’
Norwegian oil company DNO is taking over Faroe Petroleum. ...
Posted: about 1 year ago
Posted: about 1 year ago
Faroe Petroleum board bows down to DNO. Tells shareholders to accept takeover offer
After weeks of resisting the hostile takeover push by the Norwegian oil company DNO, Faroe Petroleum...
Posted: about 1 year ago
Posted: about 1 year 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...
Posted: about 1 year ago
Posted: about 1 year ago
DNO slams Faroe’s ‘glossy’ report amid Oda field reserves downgrade
Norway’s DNO is not letting off Faroe Petroleum’s management, this time criticizing its ...
Posted: about 1 year ago
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Posted: about 1 year ago
“Don’t sell!” – Faroe tells shareholders to wait for better offer
Faroe Petroleum, a target of DNO’s hostile takeover bid of 152p a share, has once again urged shareh...
Posted: about 1 year ago
Posted: about 1 year ago
DNO extends 152p bid deadline for Faroe. We’re worth more, Faroe board says
Oil company DNO has extended the deadline for Faroe Petroleum shareholders to accept its 152 pence a...
Posted: about 1 year ago
Posted: about 1 year ago
Faroe: Mixed results from Brasse wells
Faroe Petroleum has failed to find hydrocarbons at its Brasse East exploration well in the North Sea...
Posted: about 1 year ago
Posted: about 1 year ago
Faroe tells shareholders to ignore takeover bid: “DNO wants it on the cheap.”
Oil company Faroe Petroleum has again urged shareholders to ignore the unsolicited takeover offer by...
Posted: about 1 year ago
Posted: about 1 year 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: about 1 year ago
Posted: about 1 year ago
Spirit Energy spuds Cassidy well offshore Norway
Spirit Energy has started drilling the Cassidy exploration well in the Norwegian sector of the North...
Posted: about 1 year ago
Posted: about 1 year ago
Equinor, Faroe swap Norwegian assets
Equinor and Faroe Petroleum have agreed a number of transactions in the Norwegian Sea and the North ...
Posted: about 1 year 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...
Posted: over 2 years ago
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Posted: over 2 years ago
Faroe increases credit facility by $100M to underpin growth plans
Faroe Petroleum has increased and extended the duration of its Reserve Based Lending bank credit fac...
Posted: over 2 years 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...
Posted: over 2 years ago
Posted: over 2 years ago
Faroe picks up rig safety consent for Brasse East well
Faroe Petroleum has received consent from the PSA for exploration drilling in the North Sea using th...
Posted: over 2 years ago
Posted: over 2 years ago
Faroe: DNO’s request for new directors 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,...
Posted: over 2 years ago
Posted: over 2 years ago
DNO backs off with Faroe board appointment request due to “hostile” response
DNO ASA has withdrawn its request for a shareholders meeting of Faroe in which it holds a 28.23 perc...
Posted: over 2 years ago
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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...
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...
Posted: over 2 years ago
Posted: over 2 years ago
Faroe plans Rungne spud for September. Targets 70 mmboe
Faroe Petroleum is preparing to spud its Rungne exploration well in the North Sea, offshore Norway. ...
Posted: over 2 years ago
Posted: over 2 years ago
Faroe Petroleum appoints new independent non-executive director
Oil and gas company Faroe Petroleum has appointed a new independent non-executive director to its bo...
Posted: over 2 years ago
Pagination