development, and soon also production A solid capital base Access to capital for further growth, both in terms of equity and senior dept Strong cash flow from own production the coming years What do we then want [...] and offset the exploration cost against the income. It is also possible to take larger steps now in terms of assets acquisitions and corporate acquisitions because of the solid capital base. So the main elements

these commercial transactions has enhanced Dana´s asset portfolio and delivered some exciting short-term drilling opportunities.« Stórur áhugi millum oljufeløg Áhugin fyri sjeynda brunninum á føroyska l

whales from the sea into shallow water and slaughtering them. The slaughter, known by the Faroese term 'grindadráp' or 'grind', wipes-out entire family groups of whales and dolphins at one time. Operation

2000, seven licences were awarded to 12 oil companies. Aside from the four six-year terms granted, three nine-year terms were also issued, with 005 going to Agip with FK; 006 handed to Statoil with Anadarko [...] with the UK settled, and the first licensing round launched. The last mentioned and, in practical terms, most critical event did not take place until February 1999. Finally, OFS received 22 licence applications

overseas-based companies and has provided comfort that companies will be able to invest for the longer term without facing major increases in the level of tax levied. While these new entrants have been buying [...] an oil province which has never hit its expected peak production levels, recent entrants and longer-term players are using new and more entrepreneurial techniques to breathe in new life. Just as many co

industry and they must, of course, have an opportunity to make an offer for various works on equal terms with others, says Eli Lassen finally.

despite the present gloom in the industry fuelled by relatively low oil prices. "This is a big and long term project. We are here in Shetland with the expectation we will go forward with this project," he said

Árni Olafsson hevði orðið á ráðstevnuni. Hann segði, at Føroyar vórðu ikki áhugaðar í einum ?short term? útviklingi. Tvørturímóti verður hugt og arbeitt longri fram í tíðina m.a. við menning av einum føroyskum

the area covered by the Antarctic Treaty. The Equator, Arctic Circle, the Poles etc. Descriptive terms such as ‘Dam’, ‘Tunnel’ ‘Caves’, etc. in non-English speaking countries. ?(Harper Collins: Foreign

meginpartinum av okkara oljuinnflutningi. Ikki ber til at siga hvussu nogv hesi feløg keypa á long terms avtalum og hvussu nógv verður keypt á spot marknaðinum til hægsta dagspris, men sjalvandi verða hesin