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Atlantic Petroleum has found a new interim CEO after Ben Arabo resigned in late September. The new CEO will particularly focus on the Faroese oil company's strategic opportunities after several tough years, says the chairman.
Atlantic Petroleum exited the first quarter with a profit despite revenue of 0. This is due to a divestment, while net equity remains in the red.
Det pressede færøske olieselskab har sikret sig en låneaftale på knap 80 mio. kr. med London Oil and Gas. Aftalen bliver annonceret på samme tid som et kvartalsregnskab, der viser et underskud på 38,7 mio. kr.
Det lille færøske olieselskab Atlantic Petroleum må indkassere et underskud i andet kvartal.
The struggling Faroese oil company Atlantic Petroleum has launched a process to take a closer look at the company's strategic opportunities, including a sale or merger.
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