Norwegian oil and gas operator DNO has pledged a multi-million North Sea investment after a slight Q1 profit rise for the firm.
Faroe Petroleum this morning confirmed the success of its latest North Sea appraisal well.
Faroe Petroleum this morning confirmed its Barents Sea wildcat had come up dry.
Faroe Petroleum has reinforced its financial footing after a successful open offer, according to its chief executive.
Faroe Petroleum is the latest company to be linked to a possible swoop on any North Sea assets put up for sale by Shell.