acquires a thorough knowledge of the subsoil in a specific area, so we have been able to use our existing knowledge of the Danish sector and the experience we have gained from well to well to optimise [...] By Lise Kirkegaard It takes more than a successful exploratory well for a drilling operation on foreign territory to be a success. It also takes integration into and understanding of the local culture [...] Edvardsen says, »To operate optimally on Faroese territory, we must overcome cultural barriers and achieve a common understanding of each other's needs. We therefore started a training programme a couple of years

acquires a thorough knowledge of the subsoil in a specific area, so we have been able to use our existing knowledge of the Danish sector and the experience we have gained from well to well to optimise [...] By Lise Kirkegaard It takes more than a successful exploratory well for a drilling operation on foreign territory to be a success. It also takes integration into and understanding of the local culture [...] Edvardsen says, »To operate optimally on Faroese territory, we must overcome cultural barriers and achieve a common understanding of each other's needs. We therefore started a training programme a couple of years

Planning Commission in 1993, provides a clue as to how events were being watched at the time. Referring to the decision by Copenhagen in 1992 to cede mineral resources rights to the Faroese Home Rule government [...] established to research and submit a report which would serve as the basis for initial policy decisions and to draft legislation necessary for the first stages of hydrocarbon development. That report and a draft [...] encountered over a gross payzone of 170 metres. However, the well, which was drilled to a total depth of 4246m in 950m of water instead of just 3800m as originally intended, was not tested owing to poor weather

Faroes are covered in basalt, and this acts as a barrier that prevents sounds from penetrating to the deeper formations that hopefully contain valuable oil fields. As a result, seismic studies have had limited [...] surveys use so-called »airguns« which generate sound by releasing high-pressure air into the surrounding seawater, and thereby producing a ?bang? (the effect is similar to that of popping a balloon). As with [...] in configuring a set of airguns to produce ultra-low frequencies, seismic contractor Veritas DGC recently acquired a set of test data over prospective areas in Faroese waters with a view to testing Professor

is man made - 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 [...] drawn up to ensure Orkney benefited from becoming a major oil port. Essentially, a range of payments is made to the islands council, which invests the money for the greater good of the community as a whole [...] David Hartley, Orkney Orkney nights have been lit by a dramatic orange glow for the past 25 years - a sight as familiar to residents as the stars that fill the clear skies above the islands. Islanders

both cases based on a wish to create competitiveness between Faroese and foreign taxpayers. A. Faroese International Register of Ships (FAS) A.1 Refund to the Shipping Company According to this rule the Faroese [...] liability to the Faroe Islands. B2. Tax liability subject to the Hydrocarbon Act only. B2.a. Wage Earners. If the wage earner is tax liable subject to the Hydrocarbon Tax Act only, he has to pay a definitive [...] entitled to get refunded a part of the wages, presently 28%, paid to crew performing services: 1. on board a vessel registered under the Faroese International Register of Ships (FAS) or 2. on board a vessel

which are difficult to administer. A demand stating that all must pass a Faroe quayside also demands a large workforce and it is a question of where this workforce is to come from, as the current situation [...] have access to a large amount of knowledge in this field, and this is a great advantage. If we are to establish ourselves in an oil industry, we have to attain the same competence levels as our rivals. [...] and it takes some doing to gain a foothold. Our operational area is especially capital demanding, but we are quite fortunate to have a cooperation with Havila, who also have a share in Supply Service,

business, and a nation like the Faroes has a distinct strength in this context. I think it’s crucial that we use this as an opportunity. To stay competitive, we have to be inventive and learn how to develop [...] It is a miracle that people and creatures have managed to survive here in this seemingly inhospitable place for more than a thousand years. You’ve got to be creative to do that. But there is more to it than [...] it is crucial for us to hold on strongly to our unique identity if we want to stay competitive. The burning question is: What role can a little nation like the Faroe Islands play in a globalised world? In

for studying. It has its benefits as people see other societies, but also needs to get them back home. Small societies The Faroes has a lot to give the world in how to manage remote and small societies [...] effectivity. The aim is to develop the Faroes to a knowledge society and in this environment where the country is, at may well be a process that makes the Faroes bring solutions to the world in these areas [...] integrated part of nature to go fishing and having sheeps in the mountains. All though most youngsters live a life similar to other young people in the western world, it still comes with a touch and respect of

achieved and how many people will have to die before then?  Amnesty International Faroe Islands Section would like to take this great opportunity to urge Mr. Bill Clinton to bring back a message to Mrs. Clinton [...] innocent. It has never been shown to deter crime more effectively than other punishments. Amnesty International seeks to play a major role in the globalization of the fight for a death penalty-free world. Progress [...] Amnesty International Faroe Islands Section. It is our pleasure to welcome Mr. Bill Clinton and Mr. Hans Blix to the Faroe Islands to speak about globalization. In an age of globalization, mar­red by