North of Scotland

Faroe’s defences ‘exhausted’ after exploration failure, DNO says

January 3, 2019

Bosses at DNO have picked apart a report indicating its takeover bid for Faroe Petroleum was too low. DNO also said it was “troubled” by Faroe’s latest exploration disappointment with the Brasse East well. It follows last month’s disappointment with the Cassidy exploration well offshore Norway. >> To read more on Energy Voice, click here <<