Atlantic Petroleum (Faroe Islands)

Overview

Atlantic Petroleum P/F

type	Partafelag
traded as	omx: CSE36661 ATLA DKK
foundation	1998
location	Tórshavn, Faroe Islands
key people	Ben Arabo (CEO), Birgir Durhuus (Chairman)
industry	Petroleum
products	Oil and gas exploration and production
revenue	DKK 422.5 million (2010) ‡R1R‡
operating income	DKK 147.3 million (2010) ‡R1R‡
net income	DKK 109.1 million (2010) ‡R1R‡
assets	DKK 671.8 million (end 2010) ‡R1R‡
equity	DKK 377.9 million (end 2010) ‡R1R‡
num employees	around 30 (end 2013) ‡R1R‡
subsid	Atlantic Petroleum UK Limited Atlantic Petroleum (Ireland) Limited Atlantic Petroleum Norge AS (Norway)
homepage	www.petroleum.fo

Atlantic Petroleum P/F P/F is an oil and gas company situated in Tórshavn, Faroe Islands and has technical offices located in London (United Kingdom) and Bergen (Norway). It participates in exploration on the Faroese Continental Shelf, offshore Norway, Ireland, and United Kingdom. The company has production from three fields in the United Kingdom's sector of the North Sea and also participates in development projects.

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

Atlantic Petroleum (Faroe Islands)

History

Operations

External links

References