Faroe
Islands abolish Ministry of Petroleum
Posted: 3 March 2004
Following a general election in the Faroe Islands on 20 January
2004 the Ministry of Petroleum has been abolished and the responsibilities
of the Ministry have been divided between the Ministry of Trade
and Industry and the newly formed Ministry of the Interior.
Petroleum affairs have been placed with the Ministry of Trade and
Industry.
The new Minister of Petroleum, Bjarni Djurholm, has decided that
petroleum affairs shall be organised as an administration under
the Ministry.
The former Permanent Secretary of the Ministry of Petroleum, Herálvur
Joensen, has taken up position as Permanent Secretary at the Ministry
of Fisheries and Maritime Affairs.
Sigurð í Jákupsstovu has been appointed head
of the new petroleum administration. Sigurð í Jákupsstovu
is also Director of the Faroese Geological Survey and will function
as director of both the Geological Survey and the Faroese Petroleum
Administration.
The name of the new administration is “Faroese Petroleum
Administration”, a name that will sound familiar to those
who have followed the development in Faroese petroleum exploration
over the years as it is the name that petroleum affairs were governed
under initially.
The Faroese Petroleum Administration will be responsible for all
administrative tasks related to petroleum exploration on the Faroe
Shelf and will be the focal point of contact in these matters.
Please note that the office address and telephone number remain
the same.
The new web page address will be www.ofs.fo
Posted by Richard Price,
Editor Pipeline Magazine
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