Oil company EFFO will relocate and centralise its national operations at the newly developed harbor area in Søldarfjørður, marking a major upgrade for the Faroe Islands’ fuel and maritime infrastructure. The move comes as Runavík Municipality completes the new port this summer, after which EFFO will begin constructing a modern energy terminal that will serve as the company’s main operational hub. The new fuel depot is expected to be completed by late 2027, significantly expan

Work on the new harbor facilities in Søldarfjørður has progressed to the point where representatives from EFFO and Runavík Municipality last week signed a lease agreement for the area where the energy company will build a new energy hub. The story of energy in Søldarfjørður is unique, shaped by decades of activity around the old oil tanks since World War II. When the war broke out, the British Royal Navy chose Skálafjørður as its main base in the Faroe Islands, and Søldarfjør

12 Faroese companies announced they would at least halve their greenhouse gas emissions by 2030 in an effort to mitigate climate change