Atlantic Petroleum

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Overview

About:

Atlantic Petroleum is a Faroese independent exploration and production (E&P) company with oil and gas interests in the UK Continental Shelf, the Norwegian Continental Shelf and the Irish Continental Shelf. The Company has interests in around 40 licences containing over 50 fields, discoveries, prospects or leads. Furthermore, Atlantic Petroleum has partnerships with more than 20 international oil companies operating in North West Europe. The objective of Atlantic Petroleum is to develop offshore oil and gas potential in North West Europe on a commercial basis, and presently the Company engages in activities ranging from exploration, through appraisal, to development and production. \n\nAtlantic Petroleum is currently a small robust and sustainable company. Our ambition is to grow significantly. Throughout our growth, we will have security in production and use production income to explore. Our portfolio consists of a wide variety of assets including high impact potential exploration assets. \n\nAtlantic Petroleum has two highly experienced technical hubs in London and Bergen. The hubs work as a technical unit bringing the know-how from the mature UK sector to the less mature exploration areas.

Sector: Oil & Energy

Website: http://www.petroleum.fo/

Year Established: 1998