Delek said in a statement the deal will close within twobusiness days. It did not name the buyer.
Delek will make a profit of
Faroe is an oil and gas exploration and production companyoperating in the North Sea.(
Wed, 04th Apr 2018 07:48
Delek said in a statement the deal will close within twobusiness days. It did not name the buyer.
Delek will make a profit of
Faroe is an oil and gas exploration and production companyoperating in the North Sea.(
OSLO, Sept 17 (Reuters) - Germany's VNG has made only a small oil discovery in the highly anticipated Boomerang prospect, Norway's Petroleum Directorate (NPD) said on Thursday. The first of two wells drilled contained 2-5 million standard cubic meters of oil, corresponding to between 12.6-3
Read moreOSLO, Sept 14 (Reuters) - Royal Dutch Shell Plc drilled a dry well in the southern section of the Norwegian Sea, The Norwegian Petroleum Directorate (NPD) said on Monday. This is the first exploration well in production licence 793 awarded in the 2015 pre-defined licensing round (APA), NPD
Read more(ShareCast News) - Oil and gas company Faroe Petroleum said the Portrush exploration well in the Norwegian North Sea has been plugged and abandoned after no hydrocarbons were encountered. Faroe said this was the first well to be drilled in the production licence in the Grimsan Basin, around 20 kilom
Read more(Adds energy minister's quote, background) OSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual licensing round in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said on Wednesday.
Read moreOSLO, Sept 9 (Reuters) - A total of 43 oil firms have asked for drilling permits in Norway's annual round of license awards in so-called mature areas of its continental shelf, down from 47 last year, the country's Oil and Energy Ministry said in a statement. Statoil, BP and Royal Dutch Shel
Read more(ShareCast News) - Oil and gas explorer Faroe Petroleum has increased its share in two gas fields in the North Sea, after agreeing to acquire Roc Oil in a deal worth to $20m. Under the agreement, Faroe will take control of Roc's 12.5% stake in the Blane field and of the group's 12% stake in the Enoc
Read more(ShareCast News) - Faroe Petroleum has begun drilling the Portrush exploration well in the Norwegian Sea, in which it holds a 20% stake. The licence is located south east of the producing Statoil-operated Njord field, in which Faroe owns a 7.5% stake and west of the Shell-operated Draugen field. Ch
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