eftir rættiliga stutta tíð. Hetta hevði eisini sína orsøk. – Vit høvdu avtalað, at vit vildu fara “all-in” beinanvegin. Tað vil siga at satsa nógv upp á fyrstu løtuna fyri at vísa, at vit eru sterkari og

of chronic disadvantage in very small and remote states. While not alone, it is the quintessential succesful micro state. The choice of sovereignty is, of course, not one for all very small societies. But [...] y for so many micro-states in the years of independence should inspire confidence and not anxiety. Is is a world where the very small can mingle with the large and thrive in the process.” Er løgmansrøðan [...] Bartman, professara frá Prins Edward Island, á Microstates ráðstevnuni í Norðurlandahúsinum í 99: “In contrast to Iceland the story of Newfoundland has been one of tragic disappointment, a cronic case

sange som Trees In The Wind og Listen til rene fornøjelser.´ Tó heldur hann, at hon er eitt sindur ov søt á onkrum sangi: ´Andre steder er hun en kende for sødladen, eksempelvis på You Are All, der minder

things setting demands towards energy usage in connection with new-building and repairs of older constructions and housing in general. Investigations to date, in connection with the Nólsoy project, indicate [...] new technology can achieve the objective of a sustainable society. If all goes to plan the first windmills will be erected on Nólsoy in 2009. Other steps have also been taken within the energy area; for example [...] project, with the objective of creating a sustainable independent energy system for Nólsoy, whereby all energy consumption derives from sustainable energy resources. The project was taken a step forward

Exchange in Iceland in 2005 and OMX Copenhagen Stock Exchange in Copenhagen marked a significant develop­ment in the organisation of the Company. Meeting the require­ments for full transparency in all company [...] growth in Atlantic Petroleum, AP. This is well reflected in the trust shown by investors and the markets in the AP share. An investor that invested 10 thousand DKK in the first two share offers in 1998 and [...] Company as well as to list the Company on two markets. In June 2005 Atlantic Petroleum was listed on OMX in Iceland, and in October 2006 on OMX in Copenhagen. Phase Three The third phase will be built on

that their interest in having oil activities based in the Faroes is very much linked to exactly this agreement”. The situation has been that both the UK and the Faroes have each in their own way implemented [...] implemented a so-called “global taxation system”, which means that all activity in a specific area was accordingly taxed in that area. Many birds nests to unravel - “Through this dual tax agree­ment you should [...] to work and operate in the Faroes The issue is very often raised; there is nothing as unclear as taxation systems, and when considerations have to be taken regarding the tax systems in two countries, the

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 most probably began in 2001, when drilling [...] In the Faroes not a single drop of oil has been produced yet, but this situation has not prevented income from large oil revenues. In total the Faroese society has made app. 200 million kroner directly [...] overview, incomes from tax and exploration licenses (acreage payments) totalled 19,5 million kroner in 2001, in 2002 they were 22,3 million and during the years 2003 – 2006 between 7 and 9 million. On top of

handle all telecommunications services onboard an oil platform. It is understood that the SheFar-cable will come ashore in the Faroes in September and the cables to Scheihallion and Clair are in the process [...] a required size as a deal is on the doorstep. SheFar-cable in the Faroes in September The question is also what other services could come in the wake of this cooperation. For example, broadband and other [...] fruition Føroya Telecom saw large future opportunities in becoming a supplier to BP in several of the areas the Faroe company is already engaged in. Recently the Shetland News wrote that the SheFar-cable

vessel must pay so much in duties, that it is not competitive, thereby excluding itself from working in a Norwegian oil industry. He says that in Norway this duty is applicable to all vessels, also fishing [...] consider, says the CEO for Supply Service. In this connection he adds that the vessels currently being built by Supply Service meet all the latest demands, are in excess in this respect of what is required for [...] also have a share in Supply Service, and through them we have access to a large amount of knowledge in this field, and this is a great advantage. If we are to establish ourselves in an oil industry, we

remaining in the Faroes for hydrocarbon exploration after drilling two dry wells?' Statoil answers this on several fronts. First it is a 30% partner in the exciting Rosebank-Lochnagar Field, discovered in late [...] constitute significant untested exploration potential in the Faroes. In 2006 Statoil and its partners did drill the Brugdan prospect in the Faroes (well 6104/21-1); an analogous structure to Rosebank. The [...] rate of 6,000 barrels a day. In addition and importantly, the structure of the Rosebank-Lochnagar field is similar to large structures mapped by Statoil and its partners in the Faroes offshore. These constitute