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P/F Atlantic Petroleum is engaged in the exploration, appraisal, development, and production of oil and gas, focusing on offshore activities. Its operations span the Faroe Islands, the United Kingdom, Norway, and Ireland. The company collaborates with several partners in the oil and gas industry, including entities like Centrica Energy and ExxonMobil, through its subsidiaries such as Atlantic Petroleum UK Ltd and Atlantic Petroleum Norge AS. The company is headquartered in Tórshavn, Faroe Islands, and its shares are listed on the Nasdaq Copenhagen.