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 have to attain the same competence levels as our rivals. If we are [...] into Faroe waters to operate. – We ought to do as the Norwegian do and set demands towards the oil companies so they are only permitted to use the newest and best vessels, which pollute our waters the least [...] from entering our waters, just because we are afraid to set demands towards the oil companies, says Mr Rasmussen. He says that in the Faroes we have strived to meet international demands. In Norway however

into the SheFar-cable, which will 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 [...] question is how a company like Føroya Tele could 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 of being laid. Sosialurin has tried to get a comment from the Føroya Tele CEO, Mr Kristian Davidsen, but he does not at the moment wish to make any

compared to the amount caught. The Faroes are to large extent dependent upon imported oil and app. 95% of our oil consumption is achieved by imported oil. If we are to change this situation, we must to a much [...] 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 a [...] new-building and repairs of older constructions and housing in general. Investigations to date, in connection with the Nólsoy project, indicate that the island of Nólsoy is very well suited for a large-scale

case, especially in British waters. We can look to Mauritania for an excellent example of how ASX rules are working in favour of the wider interest. The Woodside-led consortium that has in quick succession [...] quality sandstones were encountered", was used to describe Marimas. How often have we heard something similar, such as with the Assynt well drilled in the UK sector in 2001 by BP. Anecdotally, this encountered [...] opportunities in the area, including licence bids. It will be interesting to see whether pragmatism prevails and other, easier pickings are pursued, perhaps in the North Sea itself. Offshore Ireland is in many

interval of approximately 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 [...] gathered to encourage the company to say tantalisingly that it will ?return to the area as soon as possible next year Dooish (12/2-1) is located 125 km northwest of Donegal in the Rockall Basin, in 1478m [...] for hydrocarbons to be present, but will they be there? Will there be a sealing mechanism to contain the hoped for prize? The Marjun success represents a one in three hit rate for the Faroes. This is good

particularly if a »critical mass of discoveries« can not been made to justify the construction of a similar oil terminal in Faroe. »If the Faroes discoveries are not big enough for a terminal in Faroe, then [...] it was their intention to land Faroese oil in Faroe in an attempt to gain the full economic benefits. Mr Goodlad adds that Sullom Voe and a fictive Faroese terminal would have to compete with the cheaper [...] re-negotiated in 2000 with much reduced payments to the SIC in the light of declining North Sea oil expectations. However, due to improve oil recovery techniques and the development of oil fields to the West

Faroese waters. In order to be covered by FAS it is also necessary that the ship owner in question is a resident in the Faroe Islands. If the ship owner is a company it has to be registered in the Faroe [...] Faroe Islands and its real head office has to be located in the Faroe Islands. Lastly, the crew in question has to be subject to tax liability to the Faroe Islands. A.2. Taxation on crew Wages covered by [...] Hydrocarbon Tax Act; or in addition subject to the ordinary tax legislation. B1 Tax liability subject to both the Hydrocarbon Tax Act and subject to the ordinary tax legislation If the wage earner or the

massive oil boom. To taste a flavour of the mood in the islands, look no further than the film Local Hero, a huge hit in Britain when it opened in cinemas across the country in 1983. One scene in particular struck [...] what was needed in a community that had depended so long on fishing and farming.« »It was also an opportunity for so many Orcadians, who had been forced to leave to find work, to come back to the islands. [...] factory is about to open and work will soon begin on a modern new library in the Orkney capital, Kirkwall. Funding for both has come from the council's oil reserves, which currently amount to almost 143 million

all recognition because of the oil industry and the challenge for the Faroes, if oil is discovered in its waters, will be to capitalise on the opportunity yet retain the unique charm of the islands. Aberdeen [...] class? prospects in their waters which are being talked about by the normally cautious oil companies. The drilling has been a long time coming in Faroese waters but momentum is building in what might become [...] Airways. The oil companies are also beginning to focus on the prime office accommodation. There will be many challenges to the Faroese in the near future. Will the tourist industry, which can benefit from

sure this technology will have an important role in future exploration in the Faroes.« Meanwhile, Professor Ziolkowski is continuing to refine his ideas, and Veritas is trying to make an even better l [...] noisy neighbours or errant teenagers? If so, did you notice that the music sounded »duller« than it would if you had been in the same room as where it was being played? In fact, the reason the music sounded [...] they are deployed in the water. However, Professor Ziolkowski?s calculations suggest that the source needs to have frequencies below 10 Hz (i.e. ten vibrations a second), and this in turn means that the