planning to drill in 2004. Looking at the results from the 3 exploration wells, it may be appropriate to take a glance at the point of departure, when the licenses were awarded in the summer of 2000. The reason [...] blocks adjacent to existing licenses the blocks northwards of the area on offer in the first round still appears to be attractive to the industry. The Hatton-Rockall area In the longer term some deep water areas [...] rather to find a solution to exploring the geologically challenging part of the Faroe Shelf. In other words the main challenge is a gradual transfer of activity from the existing licenses in the southeast

rounds is an important weapon in the explorer?s armoury. The UK will open its 21st licence round next year but it is unlikely to include any acreage near the Faeroes. The 21st round is likely to be a mopping [...] n success has eluded the explorers in the southeast corner of the island?s offshore waters, it is likely that attention will turn to the northeast. The west of Shetlands region is vying for petroleum [...] frontier area is fantastic, and with more drilling the chances of a find will continue to improve.? The next drilling campaign is likely to kick off next summer by Italy?s Agip, and is not likely to be followed

in American Protestantism re-emphasing as fundamental to Christianity belief in the inerrancy og the Scripture, Biblical miracles, especially the virgin birth and physical resurrection of Christ, etc. [...] kristnari fundamentalismu er tann hjá Oxford Advanced Learner´s Dictionary: the belief that everything that is written in the Bible is completely true. Hvat er endamálið við at vísa á so nógvar definitiónir [...] um kallaðu seg fundamentalistar. Hesir lærusetningar vórðu m.a. viðgjørdir og vardir í bókarøðini The Fundamentals, sum kom út í tólv bindum millum 1910 og 1915. Fundamentalistar vóru tey, sum stuðlaðu

ummælari fyri bløð sum The Guardian, The Observer og The New Statesman. Flogið er vítt, og Ballard ummælir eitt nú bæði bókmentir, myndlist og vísindalig verk. Í 1997 kom A User´s Guide to the Millennium, eitt [...] Powers og Whitby í søguni ?The Voices of Time? evna til mandalatekin, sum eitt slag av evstu tilroynd hjá menniskjum í tronga. Hóast mandalaímyndin ikki er nevnd við navni í ?The Terminal Beach?, tykist hon [...] krústallblómurnar í ?The Garden of Time? megna at beina burtur tíðarinnar asymmetri og reka ta entropisku flóðina aftur. Eitt stórfingið dømi um ein ímyndaheim av sama slag er søgan ?The Illuminated Man? frá

skriva góðar tekstir. Eitt brot er : "Half moon in the sky tonight, bright enough to come up with an answer to the question why is it that every time I see you my love grows a little stronger. But your [...] sabbat. "There are witches in the hills calling my name. Saying come join us sister, come kiss the flame. Come dance in the moonbeams, ride the night wind, make love to the darkness and laugh at man?s sins" [...] brotið er hetta: "Baby hit the back door breathin' real heavy said the boys in the alley wouldn't leave her alone. Mama did her make-up in a terrible hurry she finally got ready but the boys were gone. Mama

journalistikkur (sí Hunter S. Thomson og Fear and Loathing in Las Vegas: A savage Journey to the Heart of the American Dream og filmin hjá Terry Gilliam). Tom Wolfe á odda fyri new journalism skúlan, meinti [...] og villan grát á heystarnátt.? Hetta var sum Janus plagdi so melankolskt at taka til, long..long time ago. Men so er kanska ikki longur. Føroyskt kjak er meiri livandi enn nakrantíð. Bløð sum Dimmalætting [...] hevur altíð ein brodd og hann hevur skrivað mangan skemtiligan teig á baksíðuni á Dimmalætting. Tað er gott, at vit eiga fólk, ið duga at vera skemtingarsom og fólk, ið tora at vera speisom og ironisk ? eingin

as they from time to time might seem to have opposite interests. I would like to thank the organisers for providing this opportunity to discuss the experience of the last 12 months. It is important that [...] realistic, difficulties were to be expected when you combine the traditional working methods of the oil industry with the stipulations of the hydrocarbon law and the expectations of the local business community [...] from the Faroese industry to discuss the issue of local participation in connection with the activities this summer. Evaluation is good but it all comes to nothing if we fail to follow up on the subjects

payments to the SIC in the light of declining North Sea oil expectations. However, due to improve oil recovery techniques and the development of oil fields to the West of Shetland, the presence of the terminal [...] , which is being developed in the North and West of Shetland, is located to the prospective oil province on the other site of the border between the UK and Faroe. Former Sullom Voe Oil Terminal manager [...] close to his chest when it comes to the prospects of handling future oil from the Faroese sector. Fact is that the terminal has received a major £50 million overhaul this summer. Talking about the future

for some time.« ASCO is another oil support services company where the accent is very much on growth. Colin Manderson, the chief executive, hoped to be at the helm of the first Scottish company to go for [...] contract in the field with more to follow. Abbot Group is a third Scottish-headquartered energy services company which is looking to expand around the world and which is also more likely to acquired than [...] niche players are likely to increase as the UK Government attempts to encourage oil companies not to ?sit on? undeveloped fields but to release them to other players who will want to go ahead with developing

importance to the wage earner, whether he is tax liable subject to the Hydrocarbon Tax Act only or to the ordinary tax legislation applying for the Faroes as well. The more special rules, the better it permits [...] partly to FAS and partly to diversified taxation on crew?s wages. The objective of the FAS arrangement is that the shipping companies get refunded a part of the wages paid to their employees. The objective [...] waters. In order to be covered by FAS it is also necessary that the ship owner in question is a resident in the Faroe Islands. If the ship owner is a company it has to be registered in the Faroe Islands and