company has the right to increase its holding to 22% before drilling starts next summer, armed with fresh 3D seismic survey data and information gleaned from this year?s pioneer wells. However, it has been [...] Hess. All three wells were drilled in the Judd Basin, which is a proven hydrocarbon province that has so far delivered the UK sector commercial discoveries Foinaven and Schiehallion. Statoil?s Longan well [...] existence of a potentially viable petroleum system beneath at least part of the basalt rock layer that has made assessing the Faroese sector so difficult It is common for traces of hydrocarbons to be found

the companies has saved money by avoiding having to set up an organisation in Denmark themselves just to drill one or two wells.« Another reason for the savings is that the drilling team has been able to [...] President Terje Edvardsen from DONG. Together with the other companies in The Faroes Partnership, DONG has therefore had close cooperation and fruitful dialogue for many years with Faroese industry, the Faroese [...] industry on the Faroe Islands,« says Jan Terje Edvardsen. Knowledge concerning the Faroese subsoil DONG has had activities on the Faroe Islands since 1995, when the company, in cooperation with the Faroese

the companies has saved money by avoiding having to set up an organisation in Denmark themselves just to drill one or two wells.« Another reason for the savings is that the drilling team has been able to [...] President Terje Edvardsen from DONG. Together with the other companies in The Faroes Partnership, DONG has therefore had close cooperation and fruitful dialogue for many years with Faroese industry, the Faroese [...] industry on the Faroe Islands,« says Jan Terje Edvardsen. Knowledge concerning the Faroese subsoil DONG has had activities on the Faroe Islands since 1995, when the company, in cooperation with the Faroese

Newfoundland has a much smaller economy than Norway. In population terms it is one tenth of the size, and in GDP terms even smaller. Accordingly, a relatively small scale of activity has had a large relative [...] contrast developments in Newfoundland and Shetland. Much has been achieved in the latter, including the way in which an innovative legislative initiative has resulted in significant government revenues, permitting [...] more Faroese companies following the lead of Atlantic Petroleum, Atlantic Airways and others. This has seen initial work in Faroese waters, but already such companies are beginning to look for opportunities

West Navion has been employed by several oil companies since delivery in Feburary 2000 and has experience from some of the most sensitive and harsh environment areas in the world. The vessel has worked in [...] complies with the strictest regulations concerning the natural environment and extensive emphasis has been made on reducing discharge of materials into the environment. West Navion belongs to the new [...] is expected to increase the drilling efficiency compared to conventional drilling rigs. West Navion has a hydraulicly driven drilling equipment and employs sophisticated computer operated control technology

-This is a great result. We?re delighted that the Faroese Partnership?s first well in the Faroes has been succesful and we look forward to following up on this succes with our drilling programme next

brunnar í bretska partinum av Hvíta økinum, sum bretski oljumálaráðharrin umrøður sum ?an area which has world class potential for significiant petroleum discoveries?, tvs. eitt øki, hvørs møguleikar at gera

Praise His Name," "He's The Best Thing? To Happen To Me," "The Wicked Shall Cease Their Troubling," "He Has Done Great Things For Me," "I Know What Prayer Can Do," The Day You Set Me Free," "There is No Failure

heed the call Don´t stand in the doorway Don´t block up the hall For he that gets hurt Will be he who has stalled There´s a battle Outside and it´s raging. It´ll soon shake your windows And rattle your walls

the preparation of the Faroese oil era, has been to ensure a true and genuine Faroese involvement in the hydrocarbon activities. The wish for Faroese involvement has not (only) been a matter of ensuring a [...] negotiations with foreign parties. DANIA Law Firm has offices is Copenhagen and Svendborg in Denmark, Nuuk in Greenland and Moscow, Russia. Further, the office has legal staff in Copenhagen that provides legal [...] share of the economic benefits from the oil-industry to remain in the Faroes, but more importantly has been based on the wish that the Faroese society, through the active involvement with the oil-industry