which may move us closer to our goal. There are also others involved in this large task, but we do not see them or their activity in our everyday life. Knowledge on the area is of course much better today [...] Many areas remain to be investigated/surveyed and some have to be investigated in more detail than they have been. All the exploration licenses contain terms and conditions, which dictate which tasks [...] years of oil exploration in Faroe territory, and nobody knows how long it will take before a commercial hydrocarbon discovery will be made. When that day arrives, we could be in a completely different situation

with an office in Klaksvik, one in Singapore and a training base in Ukraine on the agenda. This month Keel Solution is participating in the large oil exhibition in Stavanger. All knowledge in one system Oil [...] not least for efficiency – that all knowledge in the various ventures be utilised in the most effective manner. -Drilling platforms can use over 60.000 various components in their construction. The people [...] Keel Solution, for a Faroese company. With its head office based in Copenhagen, a development branch in the Ukraine and staff travelling all over the world, the Faroese Mr Christian Didriksen Grahn, Mr Heini

commenting on Faroese participation in an oil industry in general. He is also of the opinion that Faroese are good at making themselves visible, by for example having a stand in the festival area and adds that [...] CEO for ONS, when discussing Faroe participation in an oil industry and at ONS. Oil industry -“Faroese are professional, are visible and are present in the industry. This is very good. I have personally [...] with many stands and artists”, says Mr Smith. In size, the largest participating companies this time are FMC Technology, StatoilHydro and Cameron, but in respect to turnover General Electric, GasProm,

Gregersen. Al Gore In April of 2008, Mr Al Gore was in the Faroes. He is the former Vice President of the USA, but is probably more renown for his environmental work. He was here in connection with a climate [...] holds specialised knowledge in, says Mr Ólavur Gregersen, the Bitland CEO. Bitland and the oil industry This is the first time the Bitland Consulting Group is participating in an oil industry exhibition [...] the company, was the opportunity of creating a powerful team, which with its well-educated people are in a position to resolve large-scale consultancy tasks both domestically and abroad. Knowledge -“Although

2001, the mother company P/F Teymavirkið in Rúnavík, has been delivering equipment to the Faroe fishing industry since 1961. The goal of Beras is to deliver all perishables and other necessities to the [...] says Mr Berg. In spite of this situation, Mr Berg is optimistic and says the company is ready for pending exploration activity. Can deliver everything Teymavirkið has for a long time sold all thinkable items [...] steel. -“The objective for our service is that the oil companies working in the Faroes can turn to a single subcontractor, who is in a position to deliver everything they require and want. This eliminates

unloading of cargo and equipment, various repairs of all kinds, provisions and bunkering. In brief, all that is affiliated with a sea-based industry. Almost all imports and exports to and from the Faroes come [...] on the eastern harbour arm in Tórshavn and has thirteen full-time employees, who apart from the whole harbour area in Tórshavn, also are responsible for large harbour areas in the villages of Kollafjord [...] multitude of services to vessels, which dock here. Augmenting all this is the town of Tórshavn itself, capable of all thinkable services. In this respect, both practical- and social conditions have been

-“If all goes to plan we should, in July 2009, have three supply vessels. They should be delivered in January, April and July, respectively. Two of them are already on long-term contracts”, says Mr Tummas [...] the Supply Service company, based in Leirvik, is not an active player in the offshore industry. However, from July of 2009 they will have close to 100 employees engaged in the offshore industry. They will [...] (platform supply vessel) vessels. -“The vessels have been built in Lisbon and Istanbul, and two have been finally furbished in Norway. The vessels are all sister vessels and are dual-hulled, clean design. This

established in 1986. In 1986, Vestmanna Skipasmiðja was acquired by the shipbuilding yard in Tórshavn, and in 1997, Skála Skipasmiðja joined the group. All the pieces slowly begun to come together, and in 2004 [...] The history of Faroeyard began already way back in 1898, when Vestmanna Skipasmiðja was established. Skála Skipasmiðja was the next piece in the jigsaw. In 1936, Tórshavnar Skipasmiðja was founded, and as [...] accomplishment of Faroeyard in the offshore industry is the delivery of two support vessels for the shipping company Thor in Hósvik. The first, the Thor Alpha was delivered in February of 2008, and it went

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 in general with the oil [...] 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 [...] industry, through operating the oil industry supply base in Rúnavík. The ASB head office on the Runavikar town council’s quayside area, Kongshavn no. 6 in Saltangará, and they employ staff according to their

results by participating in Faroexpo! The aim is to get 65 participating companies from the Faroe Islands and other contries. The partenariat will take place in a sports hall in Runavík. In addition to the p [...] The international business event Faroexpo 2008 will be held for the fourth year in a row in Runavik from 20 to 23 October Faroexpo is a perfect combination of Partenariat (B2B meetings), Conference and [...] through Performance Management". The conference is open to the public and will take place in a modern conference hall in Skálafjørður. See programme on www.faroexpo.fo. Parallel to the partenariat and conference