‘Unfinished business’ brings North Sea oil boss back to the basin
North Sea oil and gas veteran Graham Stewart said yesterday a sense of “unfinished business” spurred his decision to launch a new, acquisition-hungry player.
Graham Stewart
Former Faroe chief launches new North Sea oil firm, plans to raise £10m
A North Sea oil and gas executive who led Faroe Petroleum before the Aberdeen-based firm fell to a hostile takeover has set up a new company.
Faroe Petroleum changes name after DNO takeover
Aberdeen-headquartered Faroe Petroleum has changed its name following a takeover by Norwegian operator DNO.
Updated: Faroe CEO to pocket £12.5m, DNO takeover offer now unconditional
Faroe Petroleum’s chief executive will pocket £12.5million as he leaves the company following a hostile takeover by Norwegian oil operator DNO.
Faroe boss says DNO ‘not offering the right price’ on hostile takeover bid
Faroe Petroleum’s chief executive has hit out at DNO’s hostile takeover bid, saying the Norwegian firm is “not offering the right price”.
Faroe CEO’s pay package swells to over £1million
Faroe Petroleum’s CEO Graham Stewart saw his total pay package swell to over £1million last year.
Faroe’s improved performance delivers pay boost for bosses
Faroe Petroleum bosses benefited from big increases to their pay deals in 2016.
Faroe reports strong growth in 2015 but expects to produce less this year
Faroe Petroleum has warned 2016 oil and gas production is likely to be less than it produced in 2015.