25 Jun 2015 07:33
Mon, 24th Sep 2018 12:59
Shares in Faroe Petroleum rose 3.3% on Wednesday, after it posted a better-than-expected operational update. Faroe said production for the five-month period from 1 January to 31 May 2015 averaged 11,324 barrels of oil equivalent per day. It said lower production costs meant the average operating c
Read moreOSLO, May 22 (Reuters) - Oil and gas firm Statoil hit a dry well in the Southern part of the Norwegian Sea, the Norwegian Petroleum Directorate said on Friday. The well was drilled in production licence 348 C about four kilometres North of the Hyme field. Statoil is the operator of t
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