North Sea DNO North Sea increases ‘firepower’ for growth with boost to borrowing capacity 18/11/2019 By Allister Thomas DNO North Sea, the Norwegian firm which took over Faroe Petroleum, said it now has more “firepower” to grow with a boost to its lending facilities.
North Sea Updated: Potential first for UK in plans to reuse offshore platforms for wind farms 27/08/2019 By Allister Thomas Plans have been submitted which could see a first for the UK North Sea for oil platforms being converted to support offshore wind farms.
North Sea Faroe returned to black in final year before hostile takeover 14/06/2019 By Mark Lammey Faroe Petroleum returned to the black in its final full year before falling year of a hostile takeover by Oslo-based DNO.
North Sea Faroe Petroleum changes name after DNO takeover 15/05/2019 By Allister Thomas Aberdeen-headquartered Faroe Petroleum has changed its name following a takeover by Norwegian operator DNO.