New CFO for Faroe Petroleum
Friday, May 10, 2013 Faroe Petroleum appoints Jonathan Cooper as its new CFO.
Repsol's Darwin Well Comes Up Dry
Monday, April 08, 2013 The Darwin well, drilled in the Barents Sea by Repsol, has come up dry, according to Faroe Petroleum.
BP Finds Gas Condensate at North Uist
Friday, April 05, 2013 Faroe Petroleum reports that the 213/25c-1V exploration well, targeting the North Uist exploration prospect west of Shetland, has found gas condensate.
Faroe Still on Target to Drill 5 Wells in 2013
Tuesday, March 26, 2013 Faroe Petroleum says it remains on target to drill five fully-funded exploration wells during the remainder of 2013.
Repsol Spuds Darwin Well
Monday, March 04, 2013 Faroe Petroleum reports that its partner Repsol has spud the Darwin well in Norway's Barents Sea.
Faroe Snaps Up Stakes in Norwegian, UK Assets
Thursday, February 28, 2013 Faroe Petroleum says it has taken a 25-percent stake in the Pil prospect, offshore Norway, and acquired a 50-percent interest in the Lowlander discovery in the UK North Sea.
Rodriguez Well Makes 'Significant' Gas Condensate Discovery
Thursday, January 31, 2013 Wintershall finds up to 126 million barrels of oil equivalent at Rodriguez well in the Norwegian North Sea.
Barents Sea: All Eyes on Darwin
Monday, January 21, 2013 Rigzone catches up with Faroe Petroleum CEO Graham Stewart to find out more about the oil and gas sector's plans for exploration drilling in the Barents Sea this year and beyond.
Busy Year Expected for Faroe Petroleum
Wednesday, January 16, 2013 Faroe Petroleum has a busy year ahead after laying 'significant groundwork' in 2012, according to analysts.
Details of Norway APA License Awards Emerge
Wednesday, January 16, 2013 Lundin Petroleum, Bridge Energy and Faroe Petroleum announce details of offers in Norway's 2012 Awards in Predefined Areas licensing round.
Iceland Launches Hydrocarbons Drive With First E&P Permits
Friday, January 04, 2013 Iceland has issued its first licenses for O&G exploration and production as the island nation continues to rebuild an economy that was hit hard by the global financial crisis.
Wintershall Spuds Rodriguez Well
Monday, December 10, 2012 Rodriguez well spuds on the Halten Terrace in the Norwegian Sea.
Faroe, Valiant, Petoro Awarded Icelandic Blocks
Tuesday, December 04, 2012 Iceland awards licenses to Faroe Petroleum, Valiant Petroleum and Norwegian state oil company Petoro for the Dreki Area, northeast of the country.
Faroe Announces Directorate Change
Tuesday, December 04, 2012 Faroe Petroleum announces that Group Finance Director Iain Lanaghan, plans to step down from the Board on 30 April 2013, following the delivery of the 2012 full year results.
Two North Sea Well Disappointments for Cairn
Tuesday, November 06, 2012 Both Bardolph and Spaniards East drills fail to find commercial hydrocarbons.
Faroe Gives Up on West of Shetland License
Friday, November 02, 2012 Faroe Petroleum says results of work on the Fulla prospect confirmed oil of relatively poor quality and a smaller-than-expected resource size.
27th UK Licensing Round: Firms Release Details of Offers
Friday, October 26, 2012 Several junior oil explorers released details of offers they have received as part of the 27th UK Offshore Licensing Round.
Faroe Announces Spud of Spaniards East Well
Monday, October 15, 2012 Faroe Petroleum says that drilling of Spaniards East Well in the central North Sea will take 40 days.
Faroe Lines Up Rig for Novus Drilling
Friday, September 28, 2012 Faroe Petroleum contracts the West Navigator to drill the Faroe operated Novus prospect in Norway in the second half of 2013.
Valiant Petroleum Puts Itself Up for Sale
Thursday, September 06, 2012 Valiant Petroleum embarks on 'formal sale process' as part of a strategic review.