Atlantic Petroleum (Faroe Islands)
| 220px | |
| Type | Partafelag (OMX: FO-ATLA, FO-ATLA CSE) |
|---|---|
| Industry | Petroleum |
| Founded | 1998 |
| Headquarters | Tórshavn, Faroe Islands |
| Key people | Ben Arabo (CEO), Birgir Durhuus (Chairman) |
| Products | Oil and gas exploration and production |
| Revenue | DKK 54.61 million (2009)[1] |
| Operating income |
 (DKK 75.62 million) (2009)[1] |
| Profit |
(DKK 54.87 million) (2009)[1] |
| Employees | 9 (2009)[1] |
| Subsidiaries |
Atlantic Petroleum UK Limited Atlantic Petroleum (Ireland) Limited |
| Website | www.petroleum.fo |
Atlantic Petroleum P/F is an oil and gas company situated in Faroe Islands. It participates in exploration on the Faroese Continental Shelf and offshore Ireland, and in exploration, appraisal and development in the United Kingdom's sector of the North Sea.
History
Atlantic Petroleum was established in 1998 by 18 private Faroese investors.[2] It became the first listed Faroese company. In June 2005 Atlantic Petroleum was listed on the Iceland Stock Exchange (ICEX) and in October 2006 on Copenhagen Stock Exchange.[2]
Operations
In 2001, Atlantic Petroleum in the partnership with Amerada Hess, British Gas and DONG acquired two exploration licences in the United Kingdom Continental Shelf. Later four more assets were acquired in the United Kingdom Continental Shelf.[2] These assets include among others interests in Ettrick, Chestnut, and Blackbird fields.[3][4][5][6][7] In 2009, Atlantic Petroleum relinquished its stake in the Anglesey prospect of the United Kingdom sector of the North Sea.[8]
In 2005, Atlantic Petroleum acquired two exploration licences in the waters of Faroe Islands.[2] In Irish waters, Atlantic Petroleum has interests in Helvick, Hook Head and Ardmore fields.[9]
References
- ↑ 1.0 1.1 1.2 1.3 "Annual Report 2009". Atlantic Petroleum. http://www.petroleum.fo/get.file?ID=3877. Retrieved 2 November 2010.
- ↑ 2.0 2.1 2.2 2.3 "Atlantic Petroleum". Subsea.Org. http://www.subsea.org/company/listdetails.asp?companyid=2534. Retrieved 2010-08-29.
- ↑ "Atlantic Petroleum Commencing its First Field Development". OilVoice. 2010-08-10. http://www.oilvoice.com/n/Atlantic_Petroleum_Provides_Ettrick_Development_Update/9245bc8f7.aspx. Retrieved 2010-08-29.
- ↑ "FPSO Aoka Mizu arrives at Ettrick". Upstream Online (NHST Media Group). 2009-06-04. (subscription required). http://www.upstreamonline.com/incoming/article180006.ece. Retrieved 2010-08-29.
- ↑ "Sevan SSP 300 sails to Chestnut". Upstream Online (NHST Media Group). 2005-08-29. (subscription required). http://www.upstreamonline.com/live/article97714.ece. Retrieved 2010-08-29.
- ↑ "Blackbird sings for Nexen". Upstream Online (NHST Media Group). 2010-06-14. (subscription required). http://www.upstreamonline.com/live/article221570.ece. Retrieved 2010-08-29.
- ↑ "Atlantic Petroleum Announces Successful Appraisal of Blackbird Discovery". OilVoice. 2010-07-14. http://www.oilvoice.com/n/Atlantic_Petroleum_Announces_Successful_Appraisal_of_Blackbird_Discovery/30e548c10.aspx. Retrieved 2010-08-29.
- ↑ "Atlantic walks away from Anglesey". Upstream Online (NHST Media Group). 2009-02-16. (subscription required). http://www.upstreamonline.com/live/article172141.ece. Retrieved 2010-08-29.
- ↑ "Providence Completes Heavy Oil Resource Assessment of the Ardmore Field, Offshore Ireland". OilVoice. 2010-05-18. http://www.oilvoice.com/n/Providence_Completes_Heavy_Oil_Resource_Assessment_of_the_Ardmore_Field_Offshore_Ireland/3c63f1ffc.aspx. Retrieved 2010-08-29.
External links
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fo:Atlantic Petroleum no:Atlantic Petroleum ru:Atlantic Petroleum
