Hall in Reykjavík. Torbjørn Olsen is one of the most respected and talented Faroese painters, he is one of the best portrait painters in the Nordic countries, and his place as one of the greatest in the [...] Two of the greatest Faroese painters in Reykjavík Now that Culture Night is in Reykjavík, The Faroese Gallery Havnará is organizing an exhibition with Torbjørn Olsen and Zacharias Heinesen in the City Hall [...] best contemporary Faroese landscape painters. The exhibition is in City Hall in Reykjavík on Culture Night, Saturday 23 August at 10 am. 13.00 to 18.00.
costs, and the fact that the area has not been as prilific as the industry had hoped. At last the door is open to the first Faroese oil and gas licensing round to be launched and for oil companies to test the [...] 26. Wood Mackenzie says of the quest: »The operator is believed to be targetting a sizeable gas structure to the north of the block, close to the limit of UK designated acreage«. Mobil will doubtless play [...] was heard when the Faroese parliament debated the terms of the agreement means the deal must have been fair to the fishing industry. It it was not, the fishery lobby would have put paid to an agreement without
operator on the Norwegian sector, and in addition the Faroe team is applying significant effort in preparing for licence applications in the 20th Norway licensing round. The activity is high and the ambitions [...] exploration drilling in complicated geological areas in the Atlantic margin makes the company well equipped to participate in the Norwegian Sea and the Barents Sea, says Helge Hammer. The company has a high [...] licences are in the exploration and appraisal phase, but Faroe are also in production with two producing gas fields in the southern north sea. The company is building cash flow in order to have cash for
night. When all is closed and people crowd The stranger is no where in sight. Oh well, I guess that´s that What more can I demand. I only met him briefly I only shook his hand. The next day a friendship request [...] and make a "what? You´ve got to be kidding me." "You were the one who wanted to know me Wanting to know my name. I gave you a smile and tossed my hair Wanting to know the same." "We wrote together laughs [...] do you stare". "The following day I had to check To see if you were on MySpace. I found your name, a picture I saw It was your beautiful face". "The night at the party, when leaving the house I´m sorry
achieved in the first |Faroes campaign is smack on the global average. The trick now is to multiply that success several times over during the next two to three years, convert the discoveries into commercial [...] came the milestone event 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 [...] by Faroese, the company is 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
between the Faroes and the UK. A dual tax agreement has now finally been agreed between the two countries, and this will probably increase the interest to work and operate in the Faroes The issue is very [...] there is nothing as unclear as taxation systems, and when considerations have to be taken regarding the tax systems in two countries, the chain has simply come off the bike. This is the situation the int [...] due to the unclear tax situation”, says the minister, and he adds: -“Foreign oil companies have made it known that their interest in having oil activities based in the Faroes is very much linked to exactly
side of the Atlantic to the North Sea, the story of oil has also been slow to unfold, though the potential of Eastern Canada is said to be considerable. And, in Greenland, there is nothing to show for [...] 170m in Palaeocene sediments. Located in 950m of water, close to the UK/Faroe boundary in the White Zone, the well was drilled to a total depth of 4275m in a deepening operation, after reaching the commitment [...] territory and the Repsol-YPF operated Poseidon gasfield. Of the 14 blocks; four are in the Estremadura/South Peniche area, six in Alentejo/Sagres, and four in the Algarve Basin. Geologically, the acreage lies
stems from the first bidding round in 2000 – the so-called “Brugdu” area, where we drilled a well in 2006. The other four licenses were awarded to us in the second round in 2005. We have so to speak complied [...] activities in the Faroes? -“The Brugdan drilling was the very first so-called basalt drilling in the Faroes. Approximately 90 % of the Faroe area is covered by basalt, so if we are to continue to work in the [...] active oil company in Faroe territory. StatoilHydro has been the pioneer in several areas in the Faroes and was the first operating company to drill in the Faroes. This was the “Longan” prospect drilling
this year is well up, and much of that is thanks to oil-related offshore activity.« »There is more emphasis now on these areas, especially with the turmoil in the Middle East. The Shetland and the Faroese [...] lism? Far from it! Wealth 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 [...] , 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
licences in North-West Europe, with an average share of 40 %. In Norway Sagex has an interest in two licences in the Norwegian Barents Sea, and one in the Norwegian Sea. In Denmark the company is operator [...] licence in the North Sea. On the UK Continental Shelf, Sagex is partner in a discovery in 2006 through its 10 % share in the Causeway field, with planned production start-up at the end of 2009. The company [...] elephants, in recent years. But not everyone has given up hunting. In fact, the capture of a new elephant or two is precisely where the Norwegian oil company Sagex Petroleum may triumph in the coming years
