Final investment decision taken on Brasse
A group of Norweigan oil and gas firms have made a final investment decision (FID) on its Brasse field in the northern North Sea.
Brasse
OKEA takes stake in DNO’s Brasse discovery
In 2020, DNO took a £69 million charge on the value of Brasse, even while maintaining that the field was still commercial.
DNO takes £112million hit on newly-bought North Sea fields
DNO, which took over Aberdeen-based Faroe Petroleum last year, has taken £112million of impairments costs related to its newly-acquired fields in the North Sea.
More exploration well disappointment for Faroe, but sidetrack shows promise
Faroe Petroleum revealed today that its Brasse East exploration well in the Norwegian North Sea had not hit oil.
Faroe Petroleum announced 20% increase in reserves
Aberdeen-based Faroe Petroleum has announced a 20% increase in reserves during an operational update for 2018.
Faroe Petroleum’s gets “outstanding flow” on North Sea well
Faroe Petroleum today confirmed "outstanding" flow rates for its latest appraisal well on the Brasse discovery in the Norwegian North Sea.
Faroe Petroleum hits oil pay in North Sea
Faroe Petroleum this morning confirmed the success of its latest North Sea appraisal well.
Faroe Petroleum sets sights on Brasse after string of licence awards
Faroe Petroleum confirmed it was streamlining its efforts to focus on its "high quality" Brasse discovery.
Faroe Petroleum makes mega-million North Sea oil discovery
Faroe Petroleum today confirmed its Brasse oil and gas discovery in the North Sea.
Faroe Petroleum makes North Sea oil discovery
Faroe Petroleum has made an oil discovery in its Brasse licence in the Norwegian North Sea.
Faroe Petroleum begins drilling North Sea well
Faroe Petroleum has kick-started drilling on its latest North Sea well.