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fact. The Faroe Islands are completely stunning and take your breath away at times, certainly the most beautiful place I have visited. I feel so lucky to have seen them in the glorious sunshine. The locals [...] Can't wait to draw them for the 2010 qualifiers, sigur ein fjeppari, sum altso vónar, at Føroyar og Skotland koma í bólk aftur til næstu undankapping. Hetta eru tað onnur úr the Tartan Army, sum eisini vóna [...] Tað trýtur ikki við lýsingarorðum, tá fjeppararnir hjá skotska landsliðnum, the Tartan Army, skulu lýsa ferðina í Føroyum fyri viku síðani. Á alnetinum verður dúgliga kjakast um ferðina í Føroyum, og

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more opportunities. The early development of the Company should be based on the activities on the Faroese Continental Shelf. The shareholder base should be strong and 100% Faroese. The first phase was a [...] production the coming years What do we then want to achieve the coming years? Because the Company will now have its own cash flow it is possible to increase the exploration activities, and offset the exploration [...] Hoydal, Chairman of the Board, AP ------ The last year has shown very strong growth in Atlantic Petroleum, AP. This is well reflected in the trust shown by investors and the markets in the AP share. An investor

on the back of the UK Schiehallion and Foinaven discoveries, and following the boundary agreement between the UK and the Faroese in 1999 the industry embarked on exploring the Faroese shelf with no less [...] active in the exploration for oil and gas on the Faroese Shelf. Sosialurin, founded in 1927, is the biggest newspaper in the Faroe Islands. Sosialurin has focused on the Oil and Gas industry for the last 30 [...] uncover. In the meantime the Faroese can take some comfort in the fact that the UK Rosebank discovery operated by Chevron seems to be a success. This could mean a lot to the prospectivity on the Faroese side

Jarðfeingi shows that during the period from 2000 to the awarding of the first exploration licenses and upto 2006, some of the oil revenues had reached 200 million kroner. In the overview, it is stressed that [...] large a part of the money flows through the Faroe economy. -“Sindri is of a special nature, which possibly can be compared to the work done by the oil companies in connection with the Faroe area. Expenditure [...] an income for the Faroe society. It is all a question of definition”, Mr Joensen points out. He stresses that the overview is only intended to highlight what incomes the various posts in the overview have

one of the world’s largest oil companies and the largest IT Company in the Faroes are in the final stages. Considerable savings for BP There will be considerable savings for BP as they modernise the comm [...] to have such a required size as a deal is on the doorstep. SheFar-cable in the Faroes in September The question is also what other services could come in the wake of this cooperation. For example, broadband [...] understood that the SheFar-cable will come ashore in the Faroes in September and the cables to Scheihallion and Clair are in the process of being laid. Sosialurin has tried to get a comment from the Føroya Tele

do as the Norwegian do and set demands towards the oil companies so they are only permitted to use the newest and best vessels, which pollute our waters the least. We must at all costs prevent the old poor [...] that everything is entwined through the terms and conditions we impose upon the oil companies, and he is of the opinion that the Faroes must not be shy in this respect. – Norwegians impose very stringent [...] stringent demands regarding safety and the protection of the environment and they demand knowledge of Nordic languages. It is possible to have the suspicion that some of the demands imposed are there to protect

programme. As the latest press release indicates the field's third well (205/1-1) has just been tested and produced hydrocarbons at the rate of 6,000 barrels a day. In addition and importantly, the structure [...] partners did drill the Brugdan prospect in the Faroes (well 6104/21-1); an analogous structure to Rosebank. The well was abandoned due to bottom­hole problems and time constraints before the well had tested [...] drilled into the Faroes offshore area, four in a confined area close to the UK producing Foinaven-Schiehallion Fields, the exploration companies still need to investi­gate, research and understand the Faroes

admits the pace has been fierce since they founded the company thirteen years ago, but this is due not least to the many good staff they have acquired, he adds. Two new seismic supply vessels The Thor fleet [...] today counts 24 vessels, but the fairytale does not stop here, because in mid-November 2007, the new seismic supply vessel “Thor Alpha” is set to join the fleet and in the autumn of next year a sister [...] sister vessel, which has not yet been named will join. The hull of the Thor Alpha was floated from the Skála shipyard dock on the 21 of July 2007 and is currently being completed. It should be ready to begin