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

course, have to have effective strategies. This is a very small country and our budgets are equally small – so we must know how to get attention in a way that is not too costly. We have to rely heavily [...] everything we can to prevent the negative effects of mass tourism. So ecotourism will be, and already is, a priority for Faroese tourism in the future. All in all – we can expect a great increase in the number [...] decided to merge the Trade Council and Tourist Board in the beginning of this year. This was done in the realisation of the fact that development of trade and tourism can depend on each other in many ways

I thought about how there will not be any more hero-presidents to help this fledgling country as it works for independence and stability in the coming years. In just a few days we will leave for Copenhagen [...] en route to the Faroe Islands where we will start life together in Klaksvik. After a week of marriage, we left my home in rural America, a place of big highways, big sky and a big family, to travel across [...] first time in months, Ben began to teach me essential Faro­ese. Unfortunately, as he spent most of his youth living in the Phi­lippines his spoken Faro­ese is not so great, either. We are limited to phrases

part to our wellfare systems, but are not allowed to recieve any of the benefits from it, which they are participating in financing. This is something that I am planning to change, if I am elected to parliment [...] he too will be sent back to his home country regardless of the conditions surrounding his decision to quit. This has been the reality for some of those who decide to come to the Faroe Islands to work. To [...] work contract is done, then he will be sent back to his home country. However there are terrible shadow stories that are coming to light about how the labourworker will quit, because he has been treated

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

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

basalt, so if we are to continue to work in the Faroes, it will be necessary to resolve the “basalt problem”. The great challenge with basalt can be divided into two separate parts. The first is to “see” properly [...] Hansen, the StatoilHydro CEO in the Faroes, what we can expect now third Faroe round is pending: -“It is too early to say yet, if we will participate in a third round. We are in the process of looking closer [...] 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 with all of our commitments in these licenses. We have also extended

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

he is visiting. He has a story to tell. And a man who has been sparring with Al Gore for eight years should be able to convey a message to us about what the future holds in store for mankind. This Danish [...] died in a traffic accident. A setback of a magnitude hard to grasp on our latitudes where the social safety net is supposed to catch everyone and ensure that we all get the same opportunities in life. [...] gets his hands on the White House steering wheel is no average Joe. In addition to a good head on his shoulders, he has to wield a will of steel, be cunning and along with visions and ideals he must have

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 to go ? waiting for [...] Planning Commission in 1993, provides a clue as to how events were being watched at the time. Referring to the decision by Copenhagen in 1992 to cede mineral resources rights to the Faroese Home Rule [...] by Denmark to surrender all rights to ?minerals in the subsoil? to Faroese control, and therefore the right to determine the course of the possible future oil and gas extraction industry. In December 1992