company employs app. 350 people, whereof 50 are abroad. The daughter company PAM Offshore Service, has from the offset worked within the offshore industry in Norway. PAM Offshore service delivers mechanics [...] for us to present ourselves to the offshore industry. The sailing distance to the Faroes is short from most oil areas in the North Sea, in some instances even shorter than to other countries”, says Mr

With extensive experience from exploration activities in challenging conditions in the Atlantic margin, Faroe Petroleum has a lot to offer as a license partner. After only two years on the Norwegian C [...] company is building cash flow in order to have cash for upcoming exploration. –We have built a portfolio from day one, and have had great success in entering into licences, says Helge Hammer. In addition to winning [...] ambitions higher. Heading North Helge Hammer and Faroe represent an expansive strategy. Experience from seismic interpretation and exploration drilling in complicated geological areas in the Atlantic margin

away from Rúnavík, which is the permanent offshore supply base port. The Tórshavn Harbour office is located on the eastern harbour arm in Tórshavn and has thirteen full-time employees, who apart from the [...] industry. Almost all imports and exports to and from the Faroes come via Tórshavn and therefore there is heavy traffic in the Port of Tórshavn. Apart from the Port of Tórshavn being a key junction area [...] for large harbour areas in the villages of Kollafjord and Sund. Central gateway to the Faroes Apart from Tórshavn being the geographical centre of the Faroes, with over forty percent of the population residing

company has appointed two foreign board members: Mr Per Sævik from Norway, and Mr Tage Bundgaard from Denmark, who both have detailed knowledge from the offshore industry. This is the very first time Supply [...] Supply Service company, based in Leirvik, is not an active player in the offshore industry. However, from July of 2009 they will have close to 100 employees engaged in the offshore industry. They will have

fleet, and therefore Beras is in a position to supply the oil companies with everything they require. From provisions to clothing to tools and mechanical items and steel. -“The objective for our service is

Malan á Lofti, Ms Barbara í Gongini and Sirri. Sirri is a brand, which only deals with products made from Faroese wool. The company began its activities in 2000 and since then the purpose of its production [...] the design. Malan á Lofti is a young Faroese designer who makes her collections using skin and wool from the Faroe sheep. Her designs are deeply rooted in the natural colours and materials of the Faroe Islands

is the public organisation SamVit – Faroe Islands Enterprise, which is a new organisation resulting from the merger between the former Tourist Board and the Trade Council. SamVit is to carry out the chosen [...] national pavilion this year. These companies offer a great variety of services to the offshore industry – from broadband communication services to platform supply vessels. Many of these are companies with a long

it possible to monitor a component from its initial installation to its grave. Each component receives its own identity tag, which makes it possible to monitor it from its installation until it is replaced [...] division to plan work and fully utilise in-house capability, instead of buying expensive consultants from the outside. All this is important for the oil companies in the future, as there is a huge demand

companies and the banks in the Faroes and this discovery will be very important for them. The ring affect from this successful drilling, will spread to a large part of the Faroe society. This successful drilling [...] independent oil- and gas company. This group of oil companies was in 2000 awarded license no. 001 from the first Faroe bidding round, and since then progress has been very swift. The company has today [...] are now anxiously waiting for a production to begin. P/F Atlantic Petroleum has therefore progressed from being a national to an international oil- and gas producing company, in just under ten years. The

with the workload, so it can ensure the work is conducted in a sensible manner – both from a public viewpoint and from the viewpoint of the license holders. We must continually remind ourselves that the [...] the ground in Stavanger, Faroe industry is a part of the exhibition and are offering their services. From the authority’s point of view, we have decided to be part of the Faroe stand at the exhibition/conference