Local Business DNO increases stake in Faroe to 27% By Allister Thomas April 5 2018, 8:40 am April 5 2018, 8:40 am Share DNO increases stake in Faroe to 27% Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1448148/dno-increases-stake-in-faroe-to-27/ Copy Link Norway’s DNO has purchased more shares of Aberdeen-based oil explorer Faroe Petroleum. Yesterday, DNO announced the acquisition of a 15% interest in Faroe from Israeli firm Delek in a deal worth £70million. The company has now confirmed the purchase of a further 12%, taking its total stake to 27.68%. To read more on Energy Voice click here.
