are being developed on the Atlantic Margin area. This could be important for us, as it may be expected that the infrastructure for transporting hydrocarbons will be developed in these new areas. Although [...] acreage payment, which is a fee the license holders have to pay for the licensed area, increases as the years pass. This is also an incentive for the companies not to drag their feet with this work. It is also [...] manner that these will be of interest and benefit for both the Faroe society and the oil industry. Mr Torbjørn Jacobsen Government Cabinet Minister for Hydrocarbon Affairs

Bergen. The international oil world will also be given the opportunity to experience Faroese culture. For the third time in secession the Tórshavn Town Council will participate in the oil exhibition ONS. This [...] regarding a presentation in the pavilion on the harbour in Bergen. The harbour environment is intended for those who are interested in continuing to work during the evening in a more relaxed atmosphere. -We [...] relaxed atmosphere, which will give people a taste of the Faroes, says Ms Katrina í Geil, coordinator for the Tórshavn Town Council. The Faroe pavilion tent will house Faroe design, good food and entertainment

investment opportunity and tourist destination. One of SamVit’s main responsibilities is to offer the necessary framework and opportunities for growth and increased internationalisation of Faroese businesses [...] become a natural supplier of goods and services for the exploration and production on the shelves around us. In addition to this, our location is important for the shipping industry on its route between Northern [...] Faroese participation at international trade fairs. To date, SamVit has organised national pavilions for a cross-section of industries at major events in cities such as Brussels, Glasgow, Stavanger, Aberdeen

July, respectively. Two of them are already on long-term contracts”, says Mr Tummas Justinussen, CEO for Supply Service company. Oil industry Currently the Supply Service company, based in Leirvik, is not [...] Twenty-four people will be attached to each vessel, twelve on each shift. On top of this, the company’s administration will have to be increased, so the number of staff could very soon reach the 100 mark

20 licences on the Norwegian Continental shelf. Early phase and production Most of Faroe Petroleum’s licences are in the exploration and appraisal phase, but Faroe are also in production with two producing [...] producing gas fields in the southern north sea. The company is building cash flow in order to have cash for upcoming exploration. –We have built a portfolio from day one, and have had great success in entering [...] entering into licences, says Helge Hammer. In addition to winning the licences they have applied for, Faroe has also been very active on buying and trading into existing licences. Established in 1998 Faroe

natural haven in the Faroes, with its large backup/storage area for material and equipment, the oil supply base at Rúnavik is very suitable for organising oil related activities from”, says Mr Lassen. Wholesale [...] so oil companies have a one-point contact call number for all their necessities. –“We intend to present ourselves as a wholesale subcontractor, e. g. ASB will also function as an agent. The oil companies [...] operating the oil industry supply base in Rúnavík. The ASB head office on the Runavikar town council’s quayside area, Kongshavn no. 6 in Saltangará, and they employ staff according to their workload. Over

interesting conference is on the programme. The Faroexpo Conference starts Tuesday 21 October at 1 p.m. This year’s the topic is "Reach new goals through Performance Management". The conference is open to the [...] The international business event Faroexpo 2008 will be held for the fourth year in a row in Runavik from 20 to 23 October Faroexpo is a perfect combination of Partenariat (B2B meetings), Conference and

area. This is the main reason for our participation at ONS 2008. If we do not participate we cannot expect to gain anything, it’s as simple as that. Free competition for supply base activities means we [...] base activities in the area. This is the main reason for our participation at ONS 2008. If we do not participate we cannot expect to gain anything, it’s as simple as that”, says Mr Klæmint Østerø Oil industry [...] harbour In the longest fjord in the Faroes lies the port of Runavík. For the past few years it has also functioned as the supply base for offshore activities in the Faroes. Because the existing contracts

Focusing upon Greenland in the future As well as the Faroes, Mr Rúni M. Hansen is also responsible for StatoilHydro’s exploration activities in Greenland. Lately, it has been rumoured that large amounts of hy [...] when it comes to oil exploration in the Faroes. Even if the company has been the operating company for two dry wells, they are prepared to spend D.kr. 300 million on seismic surveys in two other Faroe licenses [...] Hansen. He makes no secret of the fact that StatoilHydro has spent large amounts of money in the company’s exploration of the Faroe area. He will not however disclose how large the actual amount is, but that

Rige, hvor du vist har modtaget Lønnen for det møjsommelige Kald, der var dig betroet. Vel gik du ikke altid paa Roser og Lilier for vor Skyld. Men Torne og Tidsler for­maa­ede dog ikke at udslette os af din [...] havde altid elsket os som sine Børn, derfor var det en Glæde for ham at optræde som Fader ved den Lejlighed. Hans Svag­hed tog til Dag for Dag, dog takket være Forsynet, der endnu levn­ede ham en Stund; [...] Evigheden. Jeg kan ikke finde Ord til at udtrykke den Sorg, der greb os, da han som et Offer for os faldt ned for den milde Konges Fødder. Selv var jeg ikke til stede ved denne sørgelige Begivenhed. Dog tror