PSA Carries Out Audit of Faroe Development Licences

The Petroleum Safety Authority Norway (PSA) has carried out an audit of Faroe Petroleum AS (Faroe) as a licensee in development licences.

The objective of the activity was to audit the company’s fulfilment of its licensee obligations. The main elements of the audit related to management systems, documentation and management of risk, including major accident risk.

No non-conformities were identified. An improvement point was identified in connection with internal auditing.

Press Release, June 26, 2014

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