dependent on the daily fluctuation of the oil price and the Faroes Islands must carefully balance the huge opportunity which the industry can bring with the retention of the islanders? core values and the very [...] because of the oil industry and the challenge for the Faroes, if oil is discovered in its waters, will be to capitalise on the opportunity yet retain the unique charm of the islands. Aberdeen and the North-east [...] arrival of the industry in Aberdeen and Shetland are appearing in the Faroes. At times when the ?vacancies? signs might be expected to be on display Faroese hotels are full of oilmen carried there on the increasingly

Orkney long after the day when the oil terminal finally closes. But the down turn in world trade since the terrorist attacks on September 11 could delay the creation of the terminal - so oil remains of [...] glow for the past 25 years - a sight as familiar to residents as the stars that fill the clear skies above the islands. Islanders treasure the winter spectacle of the aurora borealis. But the source of [...] many of the benefits of oil developments without many of the less acceptable aspects.« »One of the big advantages here was the creation of the terminal on Flotta, a small island well away from the main centres

ty for »one of the most exciting developments in the North Sea for some time.« ASCO is another oil support services company where the accent is very much on growth. Colin Manderson, the chief executive [...] executive, hoped to be at the helm of the first Scottish company to go for an IPO (initial public offering) in 2001 but the plans to list on the New York Stock Exchange were shelved as the OSX oil services index [...] expand around the world and which is also more likely to acquired than be bought over. The record of expansion saw the share price double in a year prior to the post-September 11 volatility in the market. In

voiced as regards to the impact the advent of the oil industry would have on the islands? pristine environment, the traditional economy, and the specific Shetland way of life, namely the islands? unique identity [...] untouched by influences from the outside world. Tough bargaining on the side of the oil industry in uncountable formal and informal meetings between the supposedly David and the obvious Goliath created a [...] ure, 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

Carlsberg, Please?, og eini 20 herðabreiðir fotbóltsáskoðarar venda sær við. The Sun heldur fyri á baksíðuni:?Put the Danes on the Plane?. Daily Express hevur stóra forsíðu, sum allar hinar avísirnar, í Onglandi [...] nakað annað land í Eu, og endar tí við at siga, at: ?So let?s hear it for the Danes, Probably the best other country in the World Cup?. Klokkan er 12.26 og eg eri, spentur, ávegis innar ein stóran enskan [...] av eini Carlsberg dós, ið eingilsmenn drekka sera nógvar av, har tað stendur: ?Probably the best player in the world? við mynd av enskum spælara. Ein skemtitekning vísir ein lítlan mann inni á eini pub,

Wilson As the evening drew to a close with the guests singing the national anthem with pride and passion, one had the feeling that this gathering on 18 February at the Danish Embassy was the occasion when [...] arranged. As well as being a social occasion the intention was that the evening should be informative for everyone. The talks and film about the future Oil Industry in the Faroe Islands certainly gave everyone [...] A whole cross section of the Faroese community in the UK was represented. There were the war brides including Nicolena Prince whose story of coming to the UK was told in the book ?Karleikur undir krignum

magnified when the spectacle was shown on the giant screen in the opposite corner of the stadium. We had the equalizer before half time and then Klose putting Germany ahead again. This seemed to stir the Faroese [...] as man of the match the following morning. So here we had the Landsli_ taking on the might of Germany in a game of open football and coming within a few millimeters of a draw. This enhanced the growing respect [...] hope that the Landsli_ can carry on exactly where they left off last October in Hannover. They left the field in triumph as the whole stadium rose as one to applaud their heroic efforts. In the last few

magnified when the spectacle was shown on the giant screen in the opposite corner of the stadium. We had the equalizer before half time and then Klose putting Germany ahead again. This seemed to stir the Faroese [...] as man of the match the following morning. So here we had the Landslið taking on the might of Germany in a game of open football and coming within a few millimeters of a draw. This enhanced the growing respect [...] hope that the Landslið can carry on exactly where they left off last October in Hannover. They left the field in triumph as the whole stadium rose as one to applaud their heroic efforts. In the last few

be too disruptive to be good for us.? However, the debate in the islands quickly focussed on whether the oil harbour and the ground the terminal stands on should be in public or in private ownership, he [...] to come anyhow, and the more we could control and be part of the development, the more money we could keep in the community and create the facilities for the future.? Subsequently, the council?s representatives [...] Marter Since the first oil was pumped ashore, on the 25th November, 1978, from the new oil fields in the East Shetland Basin, almost 7.5 billion barrels of crude have been exported from the four loading

with the Faroese. At least we are clear about which of the wells to date have essentially failed ? all but the Marjan probe drilled by Amerada Hess. The failure of the only well drilled during the 2003 [...] Petroleum, which this year floated on the UK?s alternative investment market (AIM), the news from Marimas was awful, even though CEO Graham Stewart shrugged it off at the time. The expression, "good reservoir [...] last drilled offshore Ireland on the Sarsfield prospect in the Porcupine Basin in 2001. But it was a duster. Prior to that, in the late 1990's, the company participated in the Connemara field appraisal programme