The Faroe Oil Industries Association (FOIA) works to give Faroese companies opportunities in the oil industry. The aim is to increase the competence of the Faroese companies and to develop and improve their skills.
The Faroe Oil Industries Association was established in 2001. Only companies can become members. The purpose of the association is “to gather companies, that work within the oil-industry, to carry out matters of joint interest and to work for the members interest.”
Faroe Oil Industries Association communicates with the oil-companies, authorities and the political society.
The Associations secretariat is in the House of Industry.