Halcro-Johnston. »But I think the deal was fair. It was within what the industry could afford and it has brought huge benefits to Orkney.« Until the terminal opened, the population of the islands had fallen steadily [...] 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

issue was debated, and when the SheFar-cable became a reality a link between oil platforms and the mainland also became a natural part of the dialogue. It is quite clear if we look ahead and at the development [...] several of the areas the Faroe company is already engaged in. Recently the Shetland News wrote that the SheFar-cable could possibly form the basis for cooperation between Føroya Tele and BP. The paper wrote [...] one of the world’s largest oil companies and the largest IT Company in the Faroes are in the final stages. Considerable savings for BP There will be considerable savings for BP as they modernise the comm

fact. The Faroe Islands are completely stunning and take your breath away at times, certainly the most beautiful place I have visited. I feel so lucky to have seen them in the glorious sunshine. The locals [...] greið og semjan breið: Føroyar og føroyingar eru einastandandi. – What a party that was, brilliant weather, not as expensive as everyone was making out, beautiful birds, rocking bars, friendly locals willing [...] 2002 var talan um ein lortatúr. – I went for 5 days in 2002 and thought it was pretty shite. A day trip this time and it was a belter, although I do think I missed out on seeing how Torshavn had change

by Louis Wilson In the early years of the century the threat was all too visible to the Faroese. Large fleets of British steam-powered trawlers could be seen crowding the fishing grounds right up to a [...] mere three miles away from the shoreline. The effect was to squeeze Faroese inshore fishermen (útróðrarmenn) out of teir home waters. Later on in the 1960?s the Faroese took the long overdue step of extending [...] Further salt was rubbed into the wound by way the British Government appeared to promote the animal welfare groups campaigning against the pilot whale hunt. These were groups pledged to »bring the Faroes to

it’s great that you’re doing it! Living the American Dream!” In the reality of what is the United States, I have not yet encountered this dream. And I doubt if I really believe in its existence. It’s simply [...] g, the size of the country is what makes it so full 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 [...] made easy by the astonishing openness that the people has been conditioned into by their heritage as ’the great melting pot’ (or salad bowl, as I think is more fitting). However much I like the U.S., it does

firmly on to the map of the international world. It is still a fact that when people mention the town of Reykjavik, people say this was the town, which was at the centre off, and created the framework for [...] for one of the most important meetings ever held regarding the dismantling of the nuclear weapons race. Photos of the two men and the environment in Reykjavik were broadcast around the world. We of course [...] around the world are focused upon the Faroes and this visit. We have seen and heard that the international media are dispatching their people to the Faroes to cover this event, so the focus is upon the Faroes

concern was 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 [...] community from the 19th century into the 21st century within one generation. The early days Oil exploration started around Shetland in the late sixties. When, in 1972, the first commercial field was discovered [...] on a more equal level with the oil bosses. Known as the Zetland County Council Act 1974, the devolution of powers, including the jurisdiction of the inshore waters, gave the Shetland Islands Council a

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 [...] 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?. There [...] 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

waters. The partnership was successful in the First Faroese licensing round and was awarded licence number 001. Phase Two On the shoulder of phase one the second phase was planned. A Business Plan was formulated [...] opportunities. The early development of the Company should be based on the activities on the Faroese Continental Shelf. The shareholder base should be strong and 100% Faroese. The first phase was a success [...] major step in the development. The Company was able to raise the necessary funds to build up the Company as well as to list the Company on two markets. In June 2005 Atlantic Petroleum was listed on OMX

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 licenses and upto 2006, some of the oil [...] when drilling started upon the first exploration well in south western part of the Faroe plateau. Drillings continued until 2002, when the last drilling from the first round was completed. Oil revenues however [...] large a part of the money flows through the Faroe economy. -“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