licences in the upcoming Norwegian licensing rounds. Pre-qualification as an operator is anticipated by the end of the year. The company will be headed by Terje Hagevang, now Managing Director of Sagex and [...] working Norway, the North Sea and internationally. The company has licences in the UK, Denmark and Faroes, a number of projects in progress globally, access to technology and the expertise of around 30 employees [...] presently with focus on Norway, North-Africa, Middle East and Latin America. The shareholders of the company will be part of the staff of Sagex Petroleum ASA, thus securing a highly incentivised organisation

Over the past few years, they have mixed all the mud used offshore in the Faroes, and offer a logistical service and the delivery of chemicals to the oil industry. ASB is a company comprised of 19 different [...] comes to the offering of services, trade and industrial activities to an offshore industry. They operate the only oil industry supply base in the country and are able to offer a complete service to the large [...] Oil activities Since the company was founded in 1999, it has seen continual development and over the past few years accumulated in-depth knowledge and extensive experience within the service sector and trade

are instrumental. We are reminded of the enormous impact over the last decades of the international law of the sea and well-regulated international trade for setting the stage for economic prosperity and [...] and benefits all. The Arctic Policy of the Faroe Islands will be instrumental as the Faroe Islands, Denmark and Greenland, in concert, assume the chairship of the Arctic Council next year. Ladies and gentlemen [...] our region too. Because the Arctic does not, of course, exist in a vacuum. And we cannot be but concerned about the destabilising effects of wars on the European continent and the Middle East on world affairs

visited the islands 10 years ago when a Faroese orchestra was playing some of his violin sonatas. Back then he had never heard of the place, the Faroe Islands were a totally unknown entity in the United [...] this tiny country, the situation had changed. The last couple of months he had noticed that the islands were on the front page of several travel sections in major American newspapers. The Faroese newspaper [...] Sosialurin, brought the story in connection with a portrait of the composer, but the reason why the Faroe Islands suddenly had become a subject of interest was unknown to the journalist. Of course nothing comes

many of the benefits of oil developments without many of the less acceptable aspects.« »One of the big advantages here was the creation of the terminal on Flotta, a small island well away from the main [...] for the past 25 years - a sight as familiar to residents as the stars that fill the clear skies above the islands. Islanders treasure the winter spectacle of the aurora borealis. But the source of this [...] 1971. »One of the most important benefits of the oil era, and one often overlooked, is the way it restored confidence in the people of Orkney,« he said. »Until the 1970s, people across the islands were

discreetly that one of the reasons you became one of the most popular Presidents ever in the history of the USA is, that you were capable of gathering people around you, who presented you with the most and best [...] within the people is utilised. That a Government of men only and a Parliament consisting almost entirely of men is sending a signal to the rest of the world of a one-eyed parliament instead of an advanced [...] political reality – among them were the strong women. You are familiar with the power of words and the power equality can provide in the building of a society – the building of a State. Mrs, Bjørt Samuelsen

Mikkelsen which had the German papers unanimous in acclaiming him as man of the match the following morning. So here we had the Landsli_ taking on the might of Germany in a game of open football and coming [...] efforts. In the last few minutes of the match Hjalgrim Elttør found himself one on one with Oliver Kahn after sharply latching a headed flick from John Petersen. He slotted the ball wide of the giant goalkeeper [...] effect of this was magnified when the spectacle was shown on the giant screen in the opposite corner of the stadium. We had the equalizer before half time and then Klose putting Germany ahead again. This seemed

society. The Faroes belong to the richer parts of the world, but the next two decades might just see the Faroes rice to the very top. The inborn societal conscience creates a will to create. The rise of educational [...] opportunities like the rest of the world has demanded and created a fast and willing capacity building. The Faroes is now a part of the world. Research One of the most crucial mechanism of the planets oceans [...] polity close to the North Pole into to being a strong, dynamic polity in the middle of the North Atlantic taking the advantage of the new opportunities The task for the Faroes is to bring home the Faroes brainware

--------- During the debate of the PM’s speech, which he held to the nation on the national holiday the 29th of July, the Minister for hydrocarbon affairs, Mr Bjarni Djurholm had the following comments [...] but based upon the activity level, which has been agreed for the Faroe area and the drillings on the UK side of the border, we estimate there is a growing interest for the area west of Shetland and thereby [...] Iceland to determine the feasibility of laying a power cable from Iceland to the Faroes, and then there is the project looking at the possibility of converting wave-power into a source of electricity. Later

welcome the Prime Minister of the Faroes and my fellow island Convenors to this second annual meeting following the initital meeting last year in Torshavn. I believe the visit marked a number of firsts [...] including the first time a Prime Minister has officially visited our islands and the first ever joint meeting of the Comhairle with our Community Planning partners. We discussed the many similarities of our [...] a wide range of matters of common interest but too seldom do we get the chance to visit each other and see what is happening on the islands. This annual joint meeting with Faroes and the Scottish islands