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FOÍB Administration Centre
C/o Atlanticon Sp/f, Bryggjubakki 4
PO Box 263, FO-110 Tórshavn
Phone: (+298) 319685
Fax: (+298) 319185
www.atlanticon.fo |
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FOÍB Administration Manager
Janet Fríða Johannesen
Phone: (+298) 319685,
Mobile: (+298) 212211
jj@atlanticon.fo
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- FOÍB (Faroese Oil Industry Group) is a joint association for the Oil Companies that have been granted licence to explore for oil on the Faroese continental shelf. The creation of FOÍB provides a single point of contact with the Faroese authorities and institutions on matters of broad policy and on general operational issues. FOÍB will ensure that jointly funded projects are managed and the result disseminated in an efficient and effective manner. FOÍB will pursue a full range of activities of relevance to the Faroes.
Scope and Objectives for FOIB
- To maintain and expand the knowledge base for the Faroese area obtaining new data for the benefit of the development of an offshore oil & gas industry in the Faroe Islands.
- To engage in constructive dialogue with interested parties in the Faroes as a forum for industry communication with the Faroese Authorities and other interested parties.
- To strengthen and promote the development af a competitive Faroese oil industry through co-operation and stakeholder dialogue.
- To address regulatory and fiscal issues whilst maintaining the highest commitment to HSE matters.
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Licence Details
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Licence No. |
Blocks |
Companies |
Share |
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002 |
6004/12(PART), 16(PART) and 17(PART) |
Faroe Petroleum |
100% |
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005
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6004/1(part), 2(part), 3(part), 6(part), 7(part) and 8(part) |
ENI
OMV
Faroe Petroleum
Cieco |
55%
20%
12,5%
12,5% |
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006 |
6004/1(part), 6005/5(part), 6104/16(part), 17(part), 21, 26
6105/25 and 30 |
Statoil
Atlantic Petroleum |
99%
1% |
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008 |
6103/16,21,26
6104/25 and 30 |
Statoil
DONG Energy
OMV |
50%
30%
20% |
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009 |
60051/1,2,3,4(part)
6105/22,23,24,26,27,28
and 29 |
Statoil |
100% |
|
010 |
6204/22,23,24,25,27,28,
29(part) and 30(part) |
Statoil |
100% |
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011 |
6103/1(part), 2,3,4,5,6,
7(part), 8(part)
6203/28,29 and 30 |
Statoil |
100% |
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012 |
6007/21,22,23,24,28
and 29 |
Faroe Petroleum |
100% |
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013 |
6103/7(part), 8(part), 12,
13 and 17 |
Sagex
Atlantic Petroleum |
60%
40% |
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014 |
6104/9(part), 10(part)
and 14 |
Sagex
Atlantic Petroleum |
60%
40% |
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015 |
6103/9 |
Sagex |
100% |
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016 |
6201/1,2,5
6202/4,5,6,7,8,9,10,11,12,13,
14,15,16,17, 18,19,21,22
6203/13,14,15,16,17,18,19,20,
21,22,23,24,and 25 |
Statoil
DONG Energy
Faroe Petroleum
Atlantic Petroleum |
50%
30%
10%
10% |
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017 |
6007/16(part),26,25
6008/19(part),20 (part),24,
25,29(part) and 30 |
Faroe Petroelum |
100% |
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