the Faroes both have comparatively new governments in office. We also have considerable economic interests in common. I hope your appointment can mark a fresh start in our discussions about oildelimitation [...] between friendly neighbours. I whery much hope, that we shall be able to work together. With every good whish for your time in government. Robin Cook? (Á føroyskum: Hjartaliga tillukku við løgmansstarvinum [...] teir tríggir í danska høvuðsstaðnum um somu tíð mánadagin. Tony Blair er í Keypmannhavn saman við m.a. Robin Cook og øðrum bretskum ráðharrum í sambandi við, at Bretland hevur formansskapin í ES. Teir skulu

doorstep in the early 1990?s. Instead Britain is finally carrying out constitutional reform in a conscious attempt to adapt to its modern place in the world. New centres of poser have been created in Scotland [...] British agenda. For a start they could take the initiative in forming links with the new Scottish Home Government in Edinburgh. Donald Dewar and his colleagues would surely be interested in the Faroe Islands [...] Dock in Grimsby when old Hákun Djurhuus stepped off a trawler to pursue fishery negotiations with the British in the 1960?s. Neither was there much recognition of Atli Dam?s status when he was in Britain

the Faroes both have comparatively new governments in office. We also have conciderable economic interests in common. I hope your appointment can mark a fresh start in our discussions about oildelimitation [...] between friendly neighbours. I whery much hope, that we shall be able to work together. With every good whish for your time in government.? Robin Cook

offices the new office in Tórshavn, will also be in a position to assist the Faroese business society in obtaining proper legal assistance in relation to activities outside the Faroes and in relation to [...] Austria, Zurich in Switzerland, Amsterdam, Arnhem, Hilversum and Utrecht in the Netherlands, Moscow in Russia, Almaty in Kazakhstan, Tashkent in Uzbekistan, Warsaw in Poland, Prague in Czech Republic, Budapest [...] Budapest in Hungary, Bucharest in Romania, Bratislava in Slovakia, Washington D.C. in the USA, Toronto in Canada, Johannesburg and Cape Town in South Africa, Hong Kong and Beijing in China, Singapore, The

Newfoundland has a much smaller economy than Norway. In population terms it is one tenth of the size, and in GDP terms even smaller. Accordingly, a relatively small scale of activity has had a large relative [...] (GDP), after decades of activity, recently peaked at about 25%. In Newfoundland, with just a single oilfield in production (a second field will start producing next month), the industry already contributes [...] has seen initial work in Faroese waters, but already such companies are beginning to look for opportunities in the UK sector and beyond. This is certainly the pattern we have seen in Newfoundland; local

said in a statement. ?Establishing that the Faroe Shelf holds a working petroleum system is however positive and considerably improves our expectations to finding oil in commercial quantities in the future [...] (6005/15-1) was drilled this summer in licence area 003, 130km southeast of Faroes to a total depth of 4000m, terminating in Paleocene sediments. Rolf Magne Larsen, who is in charge of the Norwegian company [...] commercial oil. However, identifying traces of hydrocarbons in the first well must be considered encouraging for future work in the area.? Stakeholders in the Longan well are operator Statoil (35%); Phillips

ended with a year in which the price was down to under $10 a barrel at the beginning at up to more than $26 by the end but hopes were high that the new Millennium would bring new prosperity. A step towards [...] house if you can, I?m off.? Rear window stickers appeared in cars all over the city pleading with the Almighty for a second oil boom and promising, in less than reverend terms, not to waste a second opportunity [...] industry workers choose to make their homes in the Faroe Islands and push up the prices in the same way as happened in Aberdeen forcing them beyond the reach of most of those not involved in the industry

benefit from a massive oil boom. To taste a flavour of the mood in the islands, look no further than the film Local Hero, a huge hit in Britain when it opened in cinemas across the country in 1983. One scene [...] many economic and social projects and continue to do so. A new cheese factory is about to open and work will soon begin on a modern new library in the Orkney capital, Kirkwall. Funding for both has come [...] and serves as a powerful symbol of the impact oil has had on the Orkney Islands. A huge orange flame has blazed above the Flotta Oil terminal for almost a quarter of a century now. It can be seen on clear

formed in 2000, did its first deal in June of that year buying TotalFinaElf?s 49% interest in the Caister gas field from operator Conoco. A second deal between the same two companies was completed in December [...] buying producing assets in the southern gas basin. In January 2001, Roots acquired a 50% stake in the Audrey gas field from Centrica for an undisclosed sum. The company?s aim is to be a very low cost base player [...] them. At Offshore Europe in Aberdeen in September the industry also discussed new types of ownership contracts to help release blockages in the current contract system and allow new ways of combining to extract

authorities in the UK can?t afford, like ? a network of welfare centres, which are effectively old folk homes, built in Shetland?s more remote areas to allow vulnerable people to stay in the community; ? a network [...] He sees a good chance that some of the oil may come Shetland?s way, particularly if a »critical mass of discoveries« can not been made to justify the construction of a similar oil terminal in Faroe. »If [...] island community ? namely a landfall for oil from the huge fields in the East Shetland Basin ? rather than the islanders longing for the influx of a completely new world. In fact, considerable concern