Faroe has acquired a 10% interest in the Trym development from DONG E&P Norge in exchange for a 9.3% interest in the producing Norwegian Glitne oil field; a 1.86% interest in the producing Enoch field; and an initial cash payment of $13.8 million.
Offshore staff
ABERDEEN, UK -- Faroe has acquired a 10% interest in the Trym development from DONG E&P Norge in exchange for a 9.3% interest in the producing Norwegian Glitne oil field; a 1.86% interest in the producing Enoch field; and an initial cash payment of $13.8 million.
