The first licensing round on the Faroese contintental shelf was launched in February 2000, after Parliament earlier the same month had passed the act on the first licensing round by unanimous vote.

In August 2000 the Minister of Petroleum at a ceremony granted seven licenses to 12 oil companies, organised in 5 groups.


Material produced in connection with the first licensing round


Fylgiskjal A, kort yvir útboðsøkið Schedule A Map of area offered for licensing

License map Map of the seven licenses awarded in the first licensing round on 17 August 2000 on the Faroe Shelf. Útbjóðingarumfar1-loyvi-fo-HRES