will be placed in the hands of the practiced professionals from the Foreign Office who will do everything to ensure that the visitor leaves with the best impressions of the host country. They will be wined [...] by Louis Wilson In the early years of the century the threat was all too visible to the Faroese. Large fleets of British steam-powered trawlers could be seen crowding the fishing grounds right up to a [...] this unique country at first hand. Many of them would no doubt return to Britain captivated by the beauty of the scenery and the special qualities of the people in the Same way as William Morris, John Buchan

(Greenpeace has been given leave by the High Court in London to challenge the British Government on west of Shetland). No-one should be in any doubt about the fact that the UK Atlantic Frontier has lost its [...] is close to the new boundary and started the 214/4-1 well on April 26. Wood Mackenzie says of the quest: »The operator is believed to be targetting a sizeable gas structure to the north of the block, close [...] grounds. The fact that only one dissenting voice was heard when the Faroese parliament debated the terms of the agreement means the deal must have been fair to the fishing industry. It it was not, the fishery

conference in Torshavn, to compare the effects on Norway and Newfoundland. In Norway, the contribution of the petroleum industry to the national gross domestic product (GDP), after decades of activity, recently [...] resulted in significant government revenues, permitting expenditures on such things community swimming pools and homes for the elderly. However, these types of initiative can only be sustained in the long [...] social spending and the development of an oil fund is accompanied by the provision of ?real world? business opportunities to Faroese business-people. Fortunately, given the size of the Faroes economy and

knowledge and the exchange of knowledge. That is at any rate the view held by the Danish company DONG, which, as a member of The Faroes Partnership, is participating in the drilling of the third exploratory [...] activities on the Faroe Islands since 1995, when the company, in cooperation with the Faroese authorities, was in charge of the preparation and drilling of an exploratory well on the island of Suderø, financed [...] financed by a number of international oil companies. The purpose of the well was to provide information about the Faroese subsoil and extend the knowledge already acquired by the Faroese Government itself

knowledge and the exchange of knowledge. That is at any rate the view held by the Danish company DONG, which, as a member of The Faroes Partnership, is participating in the drilling of the third exploratory [...] activities on the Faroe Islands since 1995, when the company, in cooperation with the Faroese authorities, was in charge of the preparation and drilling of an exploratory well on the island of Suderø, financed [...] financed by a number of international oil companies. The purpose of the well was to provide information about the Faroese subsoil and extend the knowledge already acquired by the Faroese Government itself

side of the Faroe-Shetland Channel in 1977. While that event went unnoticed by the average Faroese, it registered in the corridors of power, both in Thorshavn and Denmark, which still rules the islands [...] inconclusive traces of oil mixed with water in the Lopra-1 experimental well drilled in the early 1980s. Geological mapping of the islands started in 1938 and, among the very earliest surveys known to have [...] from the Clair find through to the ?90s is almost non-existent. There are not even references to the period in the 1993 Report of the Faroese Hydrocarbon Planning Commission to the Faroese Government. However

because of the oil industry and the challenge for the Faroes, if oil is discovered in its waters, will be to capitalise on the opportunity yet retain the unique charm of the islands. Aberdeen and the North-east [...] dependent on the daily fluctuation of the oil price and the Faroes Islands must carefully balance the huge opportunity which the industry can bring with the retention of the islanders? core values and the very [...] very special atmosphere of the islands. The first gas was discovered in the North Sea by BP in their West Sole Field in 1965 and two years later Amoco found the first oil in the Arbroath field. It was 10 years

30,000 in 1901 to just 17,000 in 1971. »One of the most important benefits of the oil era, and one often overlooked, is the way it restored confidence in the people of Orkney,« he said. »Until the 1970s [...] aspects.« »One of the big advantages here was the creation of the terminal on Flotta, a small island well away from the main centres of population. That meant that the massive disruption during the construction [...] long after the day when the oil terminal finally closes. But the down turn in world trade since the terrorist attacks on September 11 could delay the creation of the terminal - so oil remains of crucial

than be bought over. The record of expansion saw the share price double in a year prior to the post-September 11 volatility in the market. In October Abbot completed the acquisition of Deutag of Germany [...] 1988 but returned to the province by buying half of Shell?s 4.357% interest in the Elgin/Franklin fields. The number of niche players are likely to increase as the UK Government attempts to encourage oil [...] facing the prospect of being bought particularly by American players. Sir Ian Wood, chairman and chief executive of the John Wood Group, has continued the remarkable programme of growth of the private

is visible in the amount of new houses being built, in the size and the age of cars cruising the highway-like road network, and is expressed in the general upbeat and enterprising attitude of a successful [...] the desolate state of the economy of the UK and the central government?s hunger for oil revenues that put Shetland in a comparatively strong negotiating position with the oil industry. After all, the oil [...] techniques and the development of oil fields to the West of Shetland, the presence of the terminal in Shetland has been secured for at least another 20 years. Simplifying the complex structure of payments -