Faroe Islands the economy remains vulnerable. One of the biggest private companies of the Faroe Islands is the salmon farming company Bakkafrost, which is the largest of the four salmon farming companies in the Faroe Islands and the eighth biggest in the world. Petroleum found close to the Faroese area gives hope for deposits in the immediate area, which may provide a basis for sustained economic prosperity. 13% of the Faroe Islands' national income comes as economic aid from Denmark. This corresponds to roughly 5% of GDP. Since 2000, the government has fostered new information technology and business projects to attract new
Whaling in the Faroe Islands Sea Shepherd UK's covert crew on Operation Bloody Fjords 2018 in the Faroe Islands. Whaling in the Faroe Islands "For industrial whaling in the Faroes, see: History of whaling" Whaling in the Faroe Islands takes the form of beaching and slaughtering long-finned pilot whales, a type of dolphin drive hunting. It has been practiced since about the time of the first Norse settlements on these North Atlantic islands, and thus can be considered aboriginal whaling. It is mentioned in the Sheep Letter, a Faroese law from 1298, a supplement to the Norwegian Gulating law. It is regulated by the Faroese