The Jardfeingi has confirmed that it is aiming to launch its 5th Licensing Round in July 2019. The company is looking to run the round in conjunction with the UK 32nd Round also due to launch in July 2019. The round will run until November 2019. A total of 9,418 sq km will be on offer.   The Jardfeingi opened the 4th Exploration Licence Round on 17 May 2017. The round was open for nine months and closed on 17 February 2018. The area open for bidding was mostly the east and south east of the Faroe Islands with blocks and part blocks from quads â 6004, 6005, 6103, 6104, 6105, 6201, 6202, 6204, 6205 and 6301 on offer. On 19 February 2018 the Jardfeingi announced that one application had been received from the round (unnamed company or location). On 26 April 2018, Jardfeingi reported that following processing of the application and further discussion, the applicant made the decision to withdraw it.
The Jardfeingi has confirmed that it is aiming to launch its 5th Licensing Round in July 2019. The company is looking to run the round in conjunction with the UK 32nd Round also due to launch in July 2019.