I didn't have any idea either. According to the Everything about the Faroe Islands blog, "they are situated in the heart of the Gulf Stream in the North Atlantic at 62°00'N, the Faroe Islands lie northwest of Scotland and halfway between Iceland and Norway."
[ . . . ] a wild ocean launches ferocious swells against the Giant and the Witch, two spectacular rock pillars that protrude from the surf like craggy teeth.
All that's missing from the storybook setting is a band of orcs or goblins crawling out from behind a rock, or a pipe-smoking Hobbit emerging from one of the turf-roofed houses.
The Lord of the Rings analogy is never far away in the Faroe Islands, a barren and wind-swept archipelago whose volcanic peaks shoot out of the Atlantic Ocean halfway between Iceland and Norway. Local legend even claims the ring of power is hidden here.
Photographer Frantisek Staud had the good fortune to travel to the Faroe Islands and took hundreds of gorgeous photos which he shares at his website, which you really ought to go visit to see them all. Here is one, just to whet your appetite.
What to see what it looks like there right this very minute? Visit the Faroe webcam.