Equinor and Faroe ‘complete’ asset swap deal
Aberdeen-headquartered Faroe Petroleum and Norwegian energy giant Equinor have announced the completion of a series of asset swap stakes for several oil fields in Norway.
Faroe Petoluem
More than 30 firms share in ‘largest ever’ Norwegian licensing round
The Norwegian Petroleum Directorate (NPD) has announced more than 30 firms have been awarded ownership in its "largest ever" licensing round.
Faroe announce Rungne well start-up
Aberdeen-headquartered Oil exploration firm Faroe Petroleum has confirmed the start-up of the Rungne exploration well in the Norwegian North Sea.
Confidence high at Faroe Petroleum as it makes gains ‘look easy’
Norwegian focussed oil firm Faroe Petroleum posted a healthy increase in revenue yesterday, with CEO Graham Stewart saying currently, that for a company Faroe’s size, they’re making it “look easy.”
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 receives approval for two appraisal wells
Faroe Petroleum’s Norwegian arm has received consent to drill two exploration wells in the North Sea.
Faroe Petroleum spuds first exploration well of 2017
Faroe Petroleum has spud its first exploration well of the year.
Faroe Petroleum secures £300million for growth plans
Faroe Petroleum today confirmed it had landed the new banking facilities needed to sustain operations and fuel growth plans.
Faroe eyes tieback to Njord
Faroe Petroleum said it has taken a decision with its partners in the Pil & Bue discoveries on the Norwegian North Sea that its wells will be connected to Statoil’s nearby Njord platform.
Faroe Petroleum Norge gets go-ahead for new North Sea well
The Norwegian Petroleum Directorate(NPD) has granted Faroe Petroleum Norge a drilling permit for a new North Sea well.