active oil company in Faroe territory. StatoilHydro has been the pioneer in several areas in the Faroes and was the first operating company to drill in the Faroes. This was the “Longan” prospect drilling [...] activities in the Faroes? -“The Brugdan drilling was the very first so-called basalt drilling in the Faroes. Approximately 90 % of the Faroe area is covered by basalt, so if we are to continue to work in the [...] surveys in two other Faroe licenses. The company is also making its presence felt in Greenland. Exploration activity It is hardly an understatement to say that the Norwegian StatoilHydro is the most active
Petroleum’s licences are in the exploration and appraisal phase, but Faroe are also in production with two producing gas fields in the southern north sea. The company is building cash flow in order to have cash [...] wells on the Norwegian shelf and shoot seismic over several licences. The company is also in the process of becoming pre-qualified as an operator on the Norwegian sector, and in addition the Faroe team [...] exploration drilling in complicated geological areas in the Atlantic margin makes the company well equipped to participate in the Norwegian Sea and the Barents Sea, says Helge Hammer. The company has a high
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 [...] get answers. In May the worlds leading experts in the field fetal programming and developmental toxicity met in the Faroes for the first international conference on the subject. It was in the Faroes because [...] 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
content and safe. The crime rate here is among the lowest in the world, the average life expectancy is among the highest in the world, and the birth rate (2.6 children) is the highest in all of Europe. If [...] consumption is generated by rainwater. The Best Fish Products in the World The waters around the Faroe Islands are said to be the cleanest in the world. The perfect mix of the warm Gulf Stream from the south [...] experience in a radio programme in this way: »It’s a cosmic experience. The Faroe Islands is a country which is – and is not. It is in constant flux. It keeps disappearing: One moment it’s lost in the fog, and
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 reason for [...] analysis for the Faroe Stock Market. Of other tasks worth mentioning is the coordination of the “Jobmatch” project, which is intended to help resolve the problem of the non-return of Faroese to the islands [...] The Bitland Consulting Group is a new advisory group. The reasons for establishing the company, was the opportunity of creating a powerful team, which with its well-educated people are in a position to
of labourers in the Faroes, and therefore Mr Mohr says it is important that the door is also opened at the other end: -“We cannot barricade ourselves in our own little world”, he says. The Faroe Minister [...] to turn his eyes towards the British mainland: -“This agreement opens up the option to send people to work in the UK also, and we are in the process of investigating the possibilities”, says Mr Mohr. He [...] One thing is to open up the labour market, another thing is to see to it that you do not lose control: -“It is also important that the people support the idea of importing foreign labour to the Faroes”,
afraid On the other hand, Mr Rasmussen thinks that everything is entwined through the terms and conditions we impose upon the oil companies, and he is of the opinion that the Faroes must not be shy in this [...] receive some years to adapt. – In the Faroes the oil industry is a new industry and therefore it is perfectly in order to impose duties on vessels from day one. He is also of the opinion, that we could demand [...] Norwegian industry, but at the end of the day it is the dollar everything revolves around. In any case we ought to impose very stringent demands regarding what equipment is permitted into Faroe waters
n success has eluded the explorers in the southeast corner of the island?s offshore waters, it is likely that attention will turn to the northeast. The west of Shetlands region is vying for petroleum [...] between the UK and Norway is now better than at any previous point in the history of the North Sea industry. It is particularly important that we should find ways of working together in the median areas [...] licence rounds is an important weapon in the explorer?s armoury. The UK will open its 21st licence round next year but it is unlikely to include any acreage near the Faeroes. The 21st round is likely to be
international service in the Christians Church in Klaksvík. Pastor Marjun Lómaklett is arranging the service, which is intended foreigners in Klaksvík, eventhough everyone is welcome. After the service there will [...] will be a get-together in the Church. In November 2014, Klaksvíkar kommuna passed an Integration-policy. One of the key-points in this is that the Faroese language is of great importance regarding integration [...] understand Faroese in the beginning of their residency, arrangements and communication in english is good for the integrations-process, as it gives these newcomers an opportunity to take part in society on more
Tórshavn and the villages belonging to the municipality. We are currently expanding at Oyrareingir by Kollafjørður in the North, and right across the same fjord the longest landing quay in the country was [...] As one of the smallest capitals in the world, it is a great honor for us to receive a former president of the United States of America, accompanied by one of the most important UN officials in history. [...] inhabitants low, Tórshavn is a modern city offering all the facilities any contemporary metropolis might boast. Tórshavn is the center of the Faroe Islands and this is where the first settlers convened a