is visible in the amount of new houses being built, in the size and the age of cars cruising the highway-like road network, and is expressed in the general upbeat and enterprising attitude of a successful [...] the desolate state of the economy of the UK and the central government?s hunger for oil revenues that put Shetland in a comparatively strong negotiating position with the oil industry. After all, the oil [...] techniques and the development of oil fields to the West of Shetland, the presence of the terminal in Shetland has been secured for at least another 20 years. Simplifying the complex structure of payments -

transcends borders and benefits all. The Arctic Policy of the Faroe Islands will be instrumental as the Faroe Islands, Denmark and Greenland, in concert, assume the chairship of the Arctic Council next year. Ladies [...] over the last decades of the international law of the sea and well-regulated international trade for setting the stage for economic prosperity and international stability. Not least in much of the Arctic [...] prosperity. But in reflecting on the state of our world today, it is impossible to ignore the growing sense of uncertainty that shapes the international landscape. Geopolitical tensions, economic volatility

small archipelago in the middle of the big ocean in the periphery of western society makes us quite unique and special. Many consider islands in the ocean to be exotic and romantic by default. And being [...] start thinking of the Internet as an integral part of their marketing strategy and show the world what they have to offer. At the moment, a wealth of information is out there in the middle of nowhere, but [...] a boat trip into one of the deep caves under the islands. Once inside, the music starts, and the natural sounds and unique acoustics of the caves are used as integral parts of the music. But new offers

30,000 in 1901 to just 17,000 in 1971. »One of the most important benefits of the oil era, and one often overlooked, is the way it restored confidence in the people of Orkney,« he said. »Until the 1970s [...] aspects.« »One of the big advantages here was the creation of the terminal on Flotta, a small island well away from the main centres of population. That meant that the massive disruption during the construction [...] 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 crucial

remind us that it ought to be possible to have more women participate in politics. Even if female representation in the Faroese Parliament is just 9%, 0% in local government and 23% in town councils we believe [...] show us the way out of the unequal situation dominant in our society. We do hope that such a visit may become possible in the future! Yours sincerely Demokratia Demokratia is a committee appointed by Parliament [...] as you have fought your way to the Presidency of the United States. However, behind a great man very often stands a great woman it is said and in your case there can be no doubt that this is a fact. We

not taken up in the previous 20th round and a batch of assets in the gas prone southern North Sea basin. Acreage in the West of Shetlands and east of the Faeroes Islands will be included in a single round [...] point in terms of its international competitiveness because of the maturity of the basin.? The report also noted that increased production volumes do not match projections of investment growth, with the offshore [...] drill in the far north east of the UK northern North Sea on the Ben Nevis prospect, showing that the appetite for drilling the regional hotspot is undiminished. Drilling in 2002 has not produced the breakthrough

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 October Abbot completed the acquisition of Deutag of Germany [...] 1988 but returned to the province by buying half of Shell?s 4.357% interest in the Elgin/Franklin fields. The number of niche players are likely to increase as the UK Government attempts to encourage oil [...] facing the prospect of being bought particularly by American players. Sir Ian Wood, chairman and chief executive of the John Wood Group, has continued the remarkable programme of growth of the private

Thomas Jefferson, the third president of the United States and one of the principal drafters of the Declaration of Independence, once reflected in a letter written in 1803 to James Monroe that some men [...] which has come to be known as Vision 2015. The goal is to enable the Faroe Islands to become on of the most progressive countries in the world. There is much to be done, without question. The path before us [...] knowledge of the sea. No doubt there will, in time, be many spin-off ventures that will be of interest to the Faroese, as well as the US and international, business communities. Even now, the Faroese business

-“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 of that work is not calculated as an income for the Faroe [...] upto 2006, some of the oil revenues had reached 200 million kroner. In the overview, it is stressed that these are not all the oil revenues, but just some and the period is to end of 2006. The actual income [...] exploration in one way or another. Or more correctly, if we just look at part of these incomes. An overview compiled by Jarðfeingi shows that during the period from 2000 to the awarding of the first exploration

not compete with. Both the faroese fish industry and the faroese society benefited immensely by the american market. When the faroese fish industry collapsed in the sad 90ies the export to USA came to a [...] to quote President John F Kennedy : “Let us think of education as the means of developing our greatest abilities, because in each of us there is a private hope and dream, which fulfilled, can be translated [...] political contacts. The Faroese Government on the other hand should consider opening up a Faroese Trade Mission or small Embassy in Washington. Faroese students should be encouraged to study at the many fine american