The second licensing round was launched on 17 August 2004 following the passing of Parliamentary Act on the Second Licensing Round in the spring of 2004.

The objective of launching the second licensing round was to continue the exploration activities that began under the First Licensing Round in order to establish the existence of commercially exploitable hydrocarbon reserves in the Faroese subsoil.


Documentation for Second Licensing Round

Act on the Second Licensing Round

License Map Map of licenses awarded in the second licensing round 17 May 2004 2nd Licenses High Res UK