Faroe Petroleum plc (FPM) - Oil & Gas - Deals and Alliances Profile

 Published On: Aug, 2016 |    No of Pages: 113 |  Published By: GlobalData | Format: PDF
Request Free Sample

Summary

Faroe Petroleum plc (Faroe Petroleum) is an oil and gas company focusing on exploration, appraisal, development and production opportunities. The company has its exploration and development assets in the UK Atlantic margin, Southern part of Norwegian Sea, Norwegian North Sea, Barents Sea and offshore Iceland. Its operations portfolio consists of 60 exploration, appraisal, development and production licences in the West of Shetland, the North Sea, Norwegian Sea, Barents Sea and the Celtic Sea. The company operates through its offices located in London, England and has subsidiaries in Norway and the UK. Faroe Petroleum is headquartered in Aberdeen, the UK.

Faroe Petroleum plc (FPM) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Company's (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the company's operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 7
Faroe Petroleum plc, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Faroe Petroleum plc, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Faroe Petroleum plc, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Faroe Petroleum plc, Oil & Gas, Deals By Sector, 2010 to YTD 2016 11
Faroe Petroleum plc, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Faroe Petroleum plc, Oil & Gas, Deal Details 14
Asset Purchase 14
Faroe Petroleum To Acquire Oil And Gas Assets, Offshore Norway From Dong E&P Norge For US$70.2 Million 14
Faroe Petroleum Acquires Additional 75% Interest In PL006C In Norwegian North Sea From Lundin Petroleum 16
Faroe Petroleum Completes Acquisition Of 53.1% Interest In Schooner Field And 60% Interest In Ketch Field In UK Southern North Sea Gas Basin From Tullow Oil 17
Faroe Petroleum Acquires Remaining 50% Interest In Lowlander Oil Discovery In UK Central North Sea From North Sea Ventures 18
Faroe Petroleum Completes Acquisition Of 10% Interest In East Foinaven Field And 0.5% Interest In Pipeline System From Marubeni Oil For US$22.5 Million 19
Faroe Petroleum Acquires 25% Interest In Pil Prospect In Norwegian Sea From VNG Norge 20
Faroe Petroleum Acquires 50% Interest In Lowlander Oil Discovery In UK Central North Sea From Talisman Sinopec 21
Faroe Petroleum Plans To Acquire Oil And Gas Assets In UK North Sea 22
Faroe Petroleum Acquires 12.5% Interest In PL 531 Offshore Norway From Talisman Energy Norge 23
DEO Petroleum, Faroe Petroleum, Maersk Oil And Atlantic Petroleum Completes Acquisition Of 30% Interest In Block 15/21g In North Sea, In A Swap Transaction 24
Faroe Petroleum Acquires Interests In Njord, Brage And Ringhorne East Production Assets In Norway From Petoro 26
Faroe Petroleum Acquires 18% Interest In Blane Oil Field For US$94.4 Million 28
Faroe Petroleum Acquires 28% Interest In Two UK Offshore Licenses P218 And P588 30
Faroe Petroleum Acquires Additional 20% Interest In Clapton License 31
Equity Offering 32
Faroe Petroleum Completes Public Offering Of Shares For US$0.75 Million 32
Faroe Petroleum Announces Private Placement Of Shares For US$4.7 Million 34
Faroe Petroleum Completes Private Placement Of Shares For US$81.6 Million 35
Faroe Petroleum Completes Private Placement Of Shares For US$109 Million 37
Faroe Petroleum Raises US$0.02 Million Upon Exercise Of Options 39
Faroe Petroleum Completes Private Placement For US$99.2 Million 40
Faroe Petroleum Completes Rights Offering Of US$107.8 Million 42
Asset Transactions 44
Total Completes Acquisition Of 10% Interest In Glenlivet Gas Field From Faroe Petroleum For US$16.3 Million 44
Oyster Petroleum To Acquire 25% Interest In License P1948 In UK Central North Sea 45
Spike Exploration Completes Acquisition Of 15% Interest In License PL645 And 10% Interest In License PL475, Norwegian Sea From Faroe Petroleum Norge 46
Concedo Completes Acquisition Of 5% Interest In License PL645 In Norwegian North Sea From Faroe Petroleum 47
EnCore Oil, Nautical Petroleum And Serica Energy Completes Acquisition Of 70% Interest In Block 15/21a In North Sea In A Swap Transaction 48
Petoro Acquires 30% Interest In Maria Discovery In Swap Deal With Faroe Petroleum 50
Canadian Overseas Petroleum Completes Farm-In Agreement With Faroe Petroleum 51
Acquisition 52
Faroe Petroleum Completes Acquisition Of Roc Oil (GB Holdings) From Roc Oil For Up To US$16.7 Million 52
Faroe Petroleum plc - Key Competitors 54
Key Employees 55
Locations And Subsidiaries 56
Head Office 56
Other Locations & Subsidiaries 56
Recent Developments 57
License Awards 57
Jul 07, 2016: Faroe Petroleum: Award Of New Licence In Irish Atlantic Margin 57
Jun 03, 2016: Government Of Ireland: 2015 Atlantic Margin Oil And Gas Exploration Licensing Round - Phase 2 Awards 58
Jun 03, 2016: Europa Oil & Gas: Offer Of New Offshore Ireland Licensing Options 59
Jan 21, 2015: Faroe Petroleum: New Exploration Licences Awarded In Norway 61
Recent Discoveries 62
Jun 16, 2016: Faroe: Oil And Gas Discovery At The Brasse Exploration Well And Njord Facility Update 62
Sep 17, 2015: Faroe Petroleum discovers oil in Boomerang exploration well in Norway 63
Apr 10, 2015: Faroe Petroleum: Results Of Skirne East (Shango) Exploration Well 64
Drilling and Production Updates 65
Feb 24, 2016: Faroe Petroleum Announces Results Of Kvalross Exploration Well 65
Jan 12, 2016: Faroe Petroleum: Kvalross Exploration Well Commences Drilling Campaign In The Norwegian Barents Sea 66
Sep 23, 2015: Faroe Petroleum: Blink Exploration Well Commences Drilling In The Norwegian Sea 67
Sep 11, 2015: Faroe Petroleum: Portrush Exploration Well Results 68
Aug 26, 2015: Faroe Petroleum: Portrush Exploration Well Commences Drilling In The Norwegian Sea 69
Apr 28, 2015: Faroe Petroleum: Bister Exploration Well Commences Drilling In The Norwegian Sea 70
Mar 16, 2015: Faroe Petroleum: Shango Exploration Well Commences Drilling In The Norwegian North Sea 71
Financial Announcements 72
Mar 29, 2016: Faroe Petroleum Provides Final Results For The Year Ended 31 December 2015 72
Sep 22, 2015: Faroe Petroleum: Unaudited Interim Results For The Six Months Ended 30 June 2015 81
Mar 24, 2015: Faroe Petroleum: Final Results For The Year Ended 31 December 2014 88
Other Significant Developments 90
Aug 16, 2016: Faroe Petroleum begins drilling at Njord North Flank-2 exploration well in Norwegian Sea 90
Jul 11, 2016: Faroe Petroleum: Brasse Oil And Gas Discovery - Successful Side-Track Appraisal And Volume Estimate 91
Jun 16, 2016: Faroe Petroleum makes oil and gas discovery at Brasse exploration well in North Sea 92
May 24, 2016: Faroe Petroleum begins Brasse exploration well drilling in Norwegian North Sea 93
Feb 05, 2016: Faroe Petroleum Provides Operational Update 94
Jan 06, 2016: Faroe Petroleum Updated Independent Technical Report 97
Nov 03, 2015: Faroe Petroleum Provides Operational Update: 3 November 2015 98
Nov 03, 2015: Faroe Petroleum: Blink Well Results 100
Oct 20, 2015: Centrica Energy: Butch Development Concept Selected 101
Jun 24, 2015: Faroe Petroleum Announces Operational And Drilling Update 102
Jun 23, 2015: VNG Norge: Spud Of Well In The Boomerang prospect, PL586 104
May 20, 2015: Faroe Petroleum: Results Of Bister Exploration Well 105
Mar 24, 2015: Faroe Petroleum Confirms Norwegian Exploration Plans 106
Jan 22, 2015: Faroe Petroleum: Operational Update 107
New Contracts Announcements 110
Mar 02, 2016: Subsea 7 Awarded Contract Offshore UK 110
Feb 16, 2016: Eidesvik: New Contract Award For Eidesvik's Flagship Viking Neptun 111
Dec 17, 2015: Faroe Petroleum: Brasse Rig Contract And Enoch Production Resumes 112
Appendix 113
Methodology 113
About GlobalData 113
Contact Us 113
Disclaimer 113

List of Tables
Faroe Petroleum plc, Oil & Gas, Key Facts, 2015 1
Faroe Petroleum plc, Oil & Gas, Deals Summary, 2010 to YTD 2016 1
Faroe Petroleum plc, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Faroe Petroleum plc, Oil & Gas Deals By Type, 2010 to YTD 2016 9
Faroe Petroleum plc, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Faroe Petroleum plc, Deals By Sector, 2010 to YTD 2016 11
Faroe Petroleum plc, Oil & Gas, Deals Summary, 2010 to YTD 2016 12
Faroe Petroleum To Acquire Oil And Gas Assets, Offshore Norway From Dong E&P Norge For US$70.2 Million 14
Faroe Petroleum Acquires Additional 75% Interest In PL006C In Norwegian North Sea From Lundin Petroleum 16
Faroe Petroleum Completes Acquisition Of 53.1% Interest In Schooner Field And 60% Interest In Ketch Field In UK Southern North Sea Gas Basin From Tullow Oil 17
Faroe Petroleum Acquires Remaining 50% Interest In Lowlander Oil Discovery In UK Central North Sea From North Sea Ventures 18
Faroe Petroleum Completes Acquisition Of 10% Interest In East Foinaven Field And 0.5% Interest In Pipeline System From Marubeni Oil For US$22.5 Million 19
Faroe Petroleum Acquires 25% Interest In Pil Prospect In Norwegian Sea From VNG Norge 20
Faroe Petroleum Acquires 50% Interest In Lowlander Oil Discovery In UK Central North Sea From Talisman Sinopec 21
Faroe Petroleum Plans To Acquire Oil And Gas Assets In UK North Sea 22
Faroe Petroleum Acquires 12.5% Interest In PL 531 Offshore Norway From Talisman Energy Norge 23
DEO Petroleum, Faroe Petroleum, Maersk Oil And Atlantic Petroleum Completes Acquisition Of 30% Interest In Block 15/21g In North Sea, In A Swap Transaction 24
Faroe Petroleum Acquires Interests In Njord, Brage And Ringhorne East Production Assets In Norway From Petoro 26
Faroe Petroleum Acquires 18% Interest In Blane Oil Field For US$94.4 Million 28
Faroe Petroleum Acquires 28% Interest In Two UK Offshore Licenses P218 And P588 30
Faroe Petroleum Acquires Additional 20% Interest In Clapton License 31
Faroe Petroleum Completes Public Offering Of Shares For US$0.75 Million 32
Faroe Petroleum Announces Private Placement Of Shares For US$4.7 Million 34
Faroe Petroleum Completes Private Placement Of Shares For US$81.6 Million 35
Faroe Petroleum Completes Private Placement Of Shares For US$109 Million 37
Faroe Petroleum Raises US$0.02 Million Upon Exercise Of Options 39
Faroe Petroleum Completes Private Placement For US$99.2 Million 40
Faroe Petroleum Completes Rights Offering Of US$107.8 Million 42
Total Completes Acquisition Of 10% Interest In Glenlivet Gas Field From Faroe Petroleum For US$16.3 Million 44
Oyster Petroleum To Acquire 25% Interest In License P1948 In UK Central North Sea 45
Spike Exploration Completes Acquisition Of 15% Interest In License PL645 And 10% Interest In License PL475, Norwegian Sea From Faroe Petroleum Norge 46
Concedo Completes Acquisition Of 5% Interest In License PL645 In Norwegian North Sea From Faroe Petroleum 47
EnCore Oil, Nautical Petroleum And Serica Energy Completes Acquisition Of 70% Interest In Block 15/21a In North Sea In A Swap Transaction 48
Petoro Acquires 30% Interest In Maria Discovery In Swap Deal With Faroe Petroleum 50
Canadian Overseas Petroleum Completes Farm-In Agreement With Faroe Petroleum 51
Faroe Petroleum Completes Acquisition Of Roc Oil (GB Holdings) From Roc Oil For Up To US$16.7 Million 52
Faroe Petroleum plc, Key Competitors 54
Faroe Petroleum plc, Key Employees 55
Faroe Petroleum plc, Other Locations 56
Faroe Petroleum plc, Subsidiaries 56

List of Figures
Faroe Petroleum plc, Oil & Gas, Deals by Type, 2010 to YTD 2016 1
Faroe Petroleum plc, Oil & Gas, Deals By Year, 2010 to YTD 2016 1
Faroe Petroleum plc, Oil & Gas, Deals By Region, 2010 to YTD 2016 1
Faroe Petroleum plc, Oil & Gas, Deals By Sector, 2010 to YTD 2016 1
Faroe Petroleum plc, Oil & Gas, Deals By Year, 2010 to YTD 2016 8
Faroe Petroleum plc, Oil & Gas, Deals by Type, 2010 to YTD 2016 9
Faroe Petroleum plc, Oil & Gas, Deals By Region, 2010 to YTD 2016 10
Faroe Petroleum plc, Oil & Gas, Deals by Sector, 2010 to YTD 2016 11


If the above report does not have the information suitable for your business, we can provide custom research that can be lucrative for your business or enhance your profession.