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Faroese Government opens Third Licensing Round

The Ministry of Fishery and Natural Resources has opened the Third Faroese Licensing round, which offers some 38,405 sq km east, south and south-west of the Faroe Islands. Emphasis will be placed on proposed work programs when exploration licenses are granted. The deadline for applications is noon on 3 November 2008. The minister intends to award licenses by year-end 2008. For further details see: www.jardfeingi.fo

This article is extracted from International Oil Letter, Vol 24 issue 29 dated 21st July 2008.

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