industry and it takes some doing to gain a foothold. Our operational area is especially capital demanding, but we are quite fortunate to have a cooperation with Havila, who also have a share in Supply Service [...] addition to the international demands. – They have for example a special duty on NOX. This means that a maximum has been set for how much detrimental waste can come from a vessel. In practical terms, this [...] Norwegian company Havila for the 2001 exploration round: – Since then we have had the opportunity to monitor developments and last year we were able to buy vessels. Since then they have contracted four new
prompted the company to formally announce half-yearly accounts for the first time although it did nothing to dampen speculation that Wood Group will seek to float on the stock market to fund the next phase [...] s that may no longer be of interest to the biggest players. »The majors are looking at bigger fields to give the level of profit they are looking for and that creates an opportunity for us in the marketplace [...] provided comfort that companies will be able to invest for the longer term without facing major increases in the level of tax levied. While these new entrants have been buying up acreage, a number of key
community that had depended so long on fishing and farming.« »It was also an opportunity for so many Orcadians, who had been forced to leave to find work, to come back to the islands. And that reversed [...] payments is made to the islands council, which invests the money for the greater good of the community as a whole. They have funded many economic and social projects and continue to do so. A new cheese [...] neighbours - and have made a huge contribution to the present prosperity of Orkney as a whole. The wealth the terminal has generated is difficult to calculate. The sums involve the wages paid to staff and c
less dramatic, has arrived, the promises have been kept and great care has been taken this time to try to avoid any more boom to burst scenarios. Companies have expanded their horizons and diversified so [...] price for Brent crude slumped to under $13. Developments were once again put on hold and the century ended with a year in which the price was down to under $10 a barrel at the beginning at up to more than [...] industry than ever before as efforts were intensified to try to safeguard the long term future of the industry. The North Sea oil industry continues to flourish and the North-east economy is buoyant. There
expected to float on the London Stock Exchange early next year in a bid to raise £10-20million to finance its participation in the great, slow-pace Faroese oil race. ?We?re ready to go ? waiting for the right [...] the Faroese had been awaiting for some time ... the decision by Denmark to surrender all rights to ?minerals in the subsoil? to Faroese control, and therefore the right to determine the course of the possible [...] seven licences were awarded to 12 oil companies. Aside from the four six-year terms granted, three nine-year terms were also issued, with 005 going to Agip with FK; 006 handed to Statoil with Anadarko, Phillips
