TIDMFPM

RNS Number : 8013Y

Faroe Petroleum PLC

08 December 2017

8(th) December 2017

Faroe Petroleum plc

("Faroe", "Faroe Petroleum" or the "Company")

Update on the incident at Tambar Field

Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the UK and Atlantic Margin, notes the further press release provided below by Aker BP, the operator, regarding the incident reported yesterday at the Tambar field in Norway (Faroe 45%).

Aker BP has confirmed that one person has died following the serious accident on the Maersk Interceptor drilling rig on the Tambar field on Thursday.

The Maersk Interceptor is currently drilling wells on the Tambar field for the Tambar Joint Venture. The deceased, a Norwegian citizen and an employee of Maersk Drilling, fell into the sea during maintenance work on the drilling rig.

Another person, also an employee of Maersk Drilling, was injured during the incident. His condition is not critical. The person has been transported to Stavanger University Hospital.

The report of a serious incident on Maersk Interceptor came at 12.10 on Thursday. How the incident occurred has not yet been clarified. An investigation is under way.

The well currently being drilled by the Maersk Interceptor is secure. Production on Tambar has been shut down temporarily. The emergency response organisation in Aker BP was immediately mobilised and is cooperating closely with Maersk Drilling, the Joint Rescue Coordination Centre (JRCC) and relevant Authorities to manage the situation.

Further updates will be provided as and when more information becomes available.

- Ends -

For further information please contact:

 
  Faroe Petroleum plc          Tel: +44 (0) 1224 650 
   Graham Stewart, CEO          920 
 Stifel Nicolaus Europe       Tel: +44 (0) 20 7710 
  Limited                      7600 
  Callum Stewart / Nicholas 
  Rhodes / Ashton Clanfield 
 BMO Capital Markets          Tel: +44 (0) 207 236 
  Neil Haycock / Tom           1010 
  Rider / Jeremy Low 
 FTI Consulting               Tel: +44 (0) 20 3727 
  Edward Westropp / Emerson    1000 
  Clarke

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCMMMGZLRGGNZG

(END) Dow Jones Newswires

December 08, 2017 04:14 ET (09:14 GMT)

Faroe Petroleum (LSE:FPM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Faroe Petroleum Charts.
Faroe Petroleum (LSE:FPM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Faroe Petroleum Charts.