these undertakings have to be concluded. The objective is always to ensure that the companies have enough time to complete the work that has to be done. A suitable time frame is negotiated between the license [...] payment, which is a fee the license holders have to pay for the licensed area, increases as the years pass. This is also an incentive for the companies not to drag their feet with this work. It is also very [...] which is worth reciting once again. It has been confirmed, that an active hydrocarbon producing system is present in the Faroe subsoil. Although this is an important confirmation, oil exploration is a far

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attempting as best they could to deepen the rosy shade of the autumn leaves. This, of course, is how we like to see ourselves and how we should like, hopefully, to introduce ourselves to two illustrious guests [...] and generosity which may inspire the leaders of the world to “rise to play a greater part”. It is an honour to be able to welcome, as guests to the Faroes, former American President, Mr Bill Clinton and [...] passed from Norway to be governed for centuries, at an agreeable distance, by the more easy-going Danes. Thanks chiefly to this single fact we were able to preserve our language, which is, incidentally, like

abroad. It is no big secret however, that both patience and professionalism is required if a contract is to be established with a large oil company. The beau racy is immense and it is all important to get a [...] between oilfields where BP is the operating company and the land-based head office. To date BP has been forced to send all data and send IT specialists to the production site to deal with the many issues [...] run from Scotland to Shetland to the Faroes, BP will be able to send almost unlimited amounts of data ashore. BP will gain direct access to the Scottish mainland by the SheFar-cable. It is understood BP will

The first is to “see” properly through the basalt with seismic data and the second is to drill through the basalt. As the operating company in several Faroe licenses, we have been forced to accept these [...] other Faroe licenses. The company is also making its presence felt in Greenland. Exploration activity It is hardly an understatement to say that the Norwegian StatoilHydro is the most active oil company in [...] has asked Mr Rúni M. Hansen, the StatoilHydro CEO in the Faroes, what we can expect now third Faroe round is pending: -“It is too early to say yet, if we will participate in a third round. We are in the

of opportunities for a person to shape life as he or she pleases. And coming in as an outsider is no barrier to fitting in and utilizing what the country has to offer. It is made easy by the astonishing [...] take long for it to become completely demystified. This is not a dream, but real life – and I can’t do anything but love it. Rather than being intimidating, the size of the country is what makes it so full [...] About to begin a new chapter of my life in their country, I was utterly convinced that very few Americans were normal according to the standards on which I usually judge people. In addition, the country

that it is not our whale hunting, but your way of living that is the biggest threat for the whales alive. Your lifestyle contaminates and even poisons the whales - and you don´t seem to care. That is what [...] after their intelligence nor their cuteness. I will not live after Sea Shephards view on how we ought to live. It is unnatural. I think whales as well as other animals have both moral and legal rights. Therefore [...] every day. Why don´t you do something about that? I tried to say my opinion on one of Sea shephards homepage yesterday. But, God, the opponents. Here is a small portion of it: • "...you barbarian you have already

so it is impossible to see and record them. Neither is there direct or indirect incomes from the Sindri fund, which is a fund established by oil companies in the year 2000, and which objective is to support [...] included in the overview. It has to be said that several of these projects are being conducted at foreign institutions and universities, and therefore it is difficult to evaluate how large a part of the money [...] 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

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opportunity to meet the man who was later to become President of the United States. - My American mom said she was sure that Bill Clinton would become president one day, and she wanted me to go to the Governor’s [...] Spending a year in the US taught me to respect people of different cultures and backgrounds. And even though I was only there for a year, the country is still dear to my heart. When Jens Olsen thinks of the [...] And Jens Olsen is hoping to get a glimpse of his former Governor. - Of course, I would love to meet the President. I was impressed by his presidency, and I am just as impressed with how he has been handling