Four New Norwegian Exploration Licences Awarded to Faroe Jan 19, 2017Faroe Petroleum has announced that it has been awarded four new prospective exploration licences, including two operatorships, under the 2016 Norwegian APA...
Boné (Dazzler) Exploration Well Commences and Brasse Appraisal Well Added to 2017 Drilling Programme Jan 12, 2017Faroe Petroleum has announced the commencement of the Boné exploration well 7318/12-1 (Faroe 20%) and the decision to drill an appraisal well on the Brasse discovery in the 2017 drilling programme.
Faroe Completes Norwegian Production Acquisition Dec 7, 2016Faroe Petroleum has announced that it has completed the previously announced acquisition of interests in five Norwegian North Sea producing oil and gas fields
Oda Field Development Plan Submission Dec 1, 2016Faroe Petroleum has announced that the partners in the Oda (previously named Butch) field (licence PL 405) have submitted the plan for its Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy.
Njord Facilities Selected as Preferred Concept for Pil & Bue Development Nov 7, 2016Faroe Petroleum has announced that the partners in the Pil & Bue discoveries (licence of PL586) have decided that a subsea development solution tied back to the Njord (Faroe 7.5%) platform...
Oil and Gas Discovery at the Njord North Flank Exploration Well and Side-Track Oct 18, 2016Faroe Petroleum has announced an oil and gas discovery at the Njord North Flank in the Norwegian Sea (Faroe 7.5%).
Njord North Flank-2 Exploration Well Commences Drilling in the Norwegian Sea Aug 16, 2016Faroe Petroleum has announced the commencement of the Njord North Flank-2 (NF-2) exploration well 6407/7-9 S (Faroe 7.5%).
Successful Side-Track Appraisal and Volume Estimate at Brasse Jul 11, 2016Faroe Petroleum has announced the completion of a successful side-track appraisal well on the Brasse discovery in licence PL740 in the Norwegian North Sea...
Award of New License in Irish Atlantic Margin Jul 7, 2016Faroe Petroleum has announced an award of a new license under Ireland’s 2015 Atlantic Margin Licensing Round.
Oil and Gas Discovery at the Brasse Exploration Well and Njord Facility Update Jun 16, 2016Faroe Petroleum... has announced an oil and gas discovery in the Faroe-operated Brasse exploration well in licence PL740 in the Norwegian North Sea...
Exploration Drilling Commences at Brasse May 24, 2016Faroe Petroleum has announced the commencement of the Faroe-operated Brasse exploration well 31/7-1 in the Norwegian North Sea...
Consent for Exploration Drilling for Faroe Petroleum May 13, 2016The Norwegian Petroleum Safety Authority has granted Faroe Petroleum consent to drill an exploration well in block 37/1.
Faroe Petroleum declares results of Kvalross exploration well Feb 25, 2016Faroe Petroleum says that drilling has reached target depth on the Wintershall operated Kvalross exploration well in the Barents Sea.
Faroe Petroleum reports good progress for 2015 Feb 8, 2016Graham Stewart, Chief Executive of Faroe Petroleum says that 2015 was another year of growth and good progress for Faroe despite a backdrop of significantly lower commodity prices.
Faroe Petroleum awarded 6 new exploration licenses in Norway Jan 21, 2016Faroe Petroleum has been awarded six new prospective exploration licences, including two operatorships, under the 2015 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. The Company has been awarded three new licences in the Norwegian Sea area: Licence PL836S Yoshi - Blocks 6406/2,3 below Cretaceous: Faroe (30%), Wintershall Norge AS (40% and operator),
