also typifies the trend in a way. The company sold off its North Sea interests in 1988 but returned to the province by buying half of Shell?s 4.357% interest in the Elgin/Franklin fields. The number of niche [...] growth. Colin Manderson, the chief executive, hoped to be at the helm of the first Scottish company to go for an IPO (initial public offering) in 2001 but the plans to list on the New York Stock Exchange [...] first contract in the field with more to follow. Abbot Group is a third Scottish-headquartered energy services company which is looking to expand around the world and which is also more likely to acquired than

costs, and the fact that the area has not been as prilific as the industry had hoped. At last the door is open to the first Faroese oil and gas licensing round to be launched and for oil companies to test the [...] 26. Wood Mackenzie says of the quest: »The operator is believed to be targetting a sizeable gas structure to the north of the block, close to the limit of UK designated acreage«. Mobil will doubtless play [...] was heard when the Faroese parliament debated the terms of the agreement means the deal must have been fair to the fishing industry. It it was not, the fishery lobby would have put paid to an agreement without

Ass. The Faroese Oil Industry Association (FOIA) works to give Faroese companies oppor­tunities in this new industry in the Faroes. The aim is to increase the Faroese companies’ com­petences, and to develop [...] Virkisráðgeving, Vagar Airport and the Port of Runavik. To many of the companies, Offshore Europe is among the most important events of the year, and a great opportunity for them to showcase their services. Many [...] flourish. There is a lot of excitement in the air this autumn with the drilling of the William well in October and the third licensing round being prepared, and probably announced later this year. ”We hope that

licences in North-West Europe, with an average share of 40 %. In Norway Sagex has an interest in two licences in the Norwegian Barents Sea, and one in the Norwegian Sea. In Denmark the company is operator [...] licence in the North Sea. On the UK Continental Shelf, Sagex is partner in a discovery in 2006 through its 10 % share in the Causeway field, with planned production start-up at the end of 2009. The company [...] elephants, in recent years. But not everyone has given up hunting. In fact, the capture of a new elephant or two is precisely where the Norwegian oil company Sagex Petroleum may triumph in the coming years

international standard. The system will be updated and developed according to requirements. The intention is also to use this in a plan to present the company as an offshore subcontractor to oil companies working [...] Base, ASB in short, is superbly positioned when it 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 [...] within the service sector and trade in general with the oil industry, through operating the oil industry supply base in Rúnavík. The ASB head office on the Runavikar town council’s quayside area, Kongshavn

of a new political strategy the Faroese Government 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 [...] Explore What advantages do the Faroe Islands have as a travel destination? The fact that our country is a small archipelago in the middle of the big ocean in the periphery of western society makes us quite [...] lazing in the sun. It seems that people are starting to turn their eyes to the north rather than the south. Maybe it is because people feel safer travelling north than south these days. And since the northern

only the increasingly devalued U.S. dollar to spend. On the island of Samos, within sight of the Turkish coast, we stayed with a lovely pair of English teachers who treated us to the only bed in the apartment [...] wrong. In these circum­stances Ben only has to explain where the Faroes are located; I have to try and explain my country’s entire foreign policy. Clinton in Kosovo Anxious for the next leg of the trip, [...] Rasmussen This is one of the first lessons the Mother Continent (Europe, ed.) taught my husband and I on our month-long honeymoon trip en route to the Faroe Islands where we will start life together in Klaksvik

offered the Faroese music industry to be inspired and to establish contacts with people in the industry through workshops and meetings. A similar project for the US market is in the pipeline. FIE is looking [...] role in Faroese society. The interest in music might be greater here than anywhere else in the world – this may be a result of the times we live in or the nature surrounding us, or it may be the inspiration [...] contemporary musicians. Whatever the reason, the inclination to make music here grows day by day. The music scene in the Faroes is very diverse, offering everything from metal bands to singer-songwriters, jazz

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 [...] utilizing the power from the sea. The idea is to use the power waves give when they reach the shore, a process the company Sewave is working hard on being the world leader in. If it turns out a success, the Faroes [...] the Faroes are proven to be the safe haven on earth, according to statistics, it has the lowest crimerate in the world. If we look at violence, the picture is the same. Natural balance Faroes is one of

a model for the rest of the country, when it comes to how we help newcomers to be integrated in a good way in our country. Of course it is a matter for the Council to give newcomers the best service. We [...] candidate for the Socialdemocratic Party for the next election on November 10th. I am 36 years old, married to Jóannes and we have five children. I am a nurse and I work in an elderly home here in the capital [...] It is very important that the next elected Town Council in Tórshavn has a lot more focus on integration than we have today. Integration must be on our political agenda. As Tórshavn is the capital, it would