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UPDATE: Faroe Petroleum Urges No Action On Hostile Bid By Norway's DNO

LONDON (Alliance News) - North Sea-focused oil & gas firm Faroe Petroleum PLC on Monday faced a hostile takeover bid from major shareholder DNO ASA, a...

LONDON MARKET OPEN: Stocks Higher; Pound Firm As EU Backs Brexit Deal

LONDON (Alliance News) - Stocks in London opened higher on Monday, with the FTSE 100 index climbing above the 7,000 mark, recovering from last week's ...

TOP NEWS: Faroe Petroleum Faces Hostile Takeover Bid By Norway's DNO

LONDON (Alliance News) - North Sea-focused oil & gas firm Faroe Petroleum PLC on Monday faced a hostile takeover bid from major shareholder DNO ASA, a...

Norway's DNO offers to buy Faroe Petroleum for £608m in cash

(Sharecast News) - Norwegian oil and gas operator DNO has offered to buy London-listed Faroe Petroleum for 152p a share in cash, valuing the group at ...

LONDON MARKET PRE-OPEN: Faroe Petroleum Gets Hostile Offer From Norway

LONDON (Alliance News) - Stocks in London are seen opening higher on Monday, tracking gains in Japan and Hong Kong and amid some early M&A announcemen...

Faroe confirms start of Brasse East exploration well

(Sharecast News) - Independent oil and gas company Faroe Petroleum announced the start of the Faroe-operated Brasse East exploration well 31/7-3S in t...

Faroe Petroleum Kicks Off Drilling Work At North Sea's Brasse East

LONDON (Alliance News) - Faroe Petroleum PLC has begun exploration drilling on the Northern North Sea, the company said on Wednesday.Faroe is drilling...

Faroe Petroleum Extends Loan Maturity, Raises Value To USD350 Million

LONDON (Alliance News) - Oil & gas exploration company Faroe Petroleum PLC on Monday said it has increased the value and extended the maturity of its ...