Atlantic Petroleum has submitted an application for an exploration and production licence in the Faroe Islands under the Faroese Open Door Licensing Regime, marking the first significant move towards renewed hydrocarbon exploration in Faroese waters in several years. According to the company, the application was submitted on 30 September through an associated company currently being established. Atlantic Petroleum will hold a 40% carried equity interest in the licence applica

The Faroese Government has reaffirmed its support for the exploration and potential development of oil, gas, and other natural resources in Faroese waters during a major energy conference in Aberdeen, Scotland. Jacob Vestergaard, the Faroe Islands' Minister of Trade and Industry, attended the two-day gathering, which brought together senior representatives from across the Scottish energy sector, including oil and gas operators, service companies, and industry organisations. T

The Faroe Islands are strengthening their position in the North Atlantic energy landscape as political leaders, industry stakeholders, and international media increasingly focus on the potential of the Atlantic Margin, one of Europe's most significant offshore energy regions. Strong Faroese Presence at ONS 2026 That growing interest was evident at ONS 2026 in Stavanger, one of the world's leading energy conferences, where Faroese Minister of Trade and Industry Jacob Vestergaa

Faroe Offshore Service continues to play a key role in some of the North Sea's most significant offshore developments, proudly contributing to the successful load-out of the Valhall Production and Wellhead Platform (PWP) topside at Stord, Norway. Photo captured at a AKER workspace by a FOS employee. The platform in the photo is not the platfrom reflected in this article. Photo: Martin Gardar. The milestone marks an important step forward for the Valhall PWP project, one of th