(Adds comments by minister, applicants, background) OSLO, Dec 4 (Reuters) - Norway has received applications from 26 oil firms seeking drilling permissions in a licensing round set to move the search for hydrocarbons closer to its border with Russia, the country's Oil and Energy Ministry sa
Read more(Repeats to attach alerts to article, no changes in text) OSLO, Dec 4 (Reuters) - Norway has received applications from 26 oil firms seeking drilling permissions in a licencing round set to move the search for hydrocarbons closer to its border with Russia, the country's Oil and Energy Minis
Read moreOSLO, Dec 4 (Reuters) - Norway has received applications from 26 oil firms seeking drilling permissions in a licencing round set to move the search for hydrocarbons closer to its border with Russia, the country's Oil and Energy Ministry said on Friday. Applicants in the so-called 23rd round
Read more(ShareCast News) - Barclays has downgraded Cairn Energy and Premier Oil and initiated on Faroe Petroleum with a neutral stance as it believes the trio are eclipsed by other stocks in the sector that currently offer a more attractive valuations. Cairn Energy is lowered to 'underweight' from 'equalwei
Read more(ShareCast News) - Oil and gas company Faroe Petroleum has begun work on the second Pil/Bue follow-up well on the Blink prospect in the Norwegian Sea. Faroe said the 6406/12-5S exploration well, in which it owns a 25% stake, has been spudded. Chief executive Graham Stewart said: "I am very pleased
Read more(ShareCast News) - Faroe Petroleum has struck oil in the main bore of the Boomerang exploration well at the Pil/Blue discovery in the Norwegian Sea. The AIM-listed oil and gas company, which has a 25% interest in the project, said the well encountered good reservoir properties and moveable oil with
Read more