the ship owner is a company it has to be registered in the Faroe Islands and its real head office has to be located in the Faroe Islands. Lastly, the crew in question has to be subject to tax liability [...] an appropriate way of financing the services that a modern society has to offer. Income tax is paid with the presumption that it has been assessed and collected in accordance with rules that are applicable [...] force 1 January 1998 resulted in five different taxation options on crew?s wages as differentiation has to be made between 1) wages earned on board fishing vessels (catch-wages) and 2) other wages earned

the Abbot executive chairman, has shown the daring to step where others fear to tread by establishing a strong position within Iran. Abbot?s KCA Drilling subsidiary has won two major drilling contracts [...] oil and gas sector and particularly the fluctuating oil price following the events of September 11 has added an extra layer of uncertainty particularly where companies are working on tighter returns. But [...] that at any time in the past. This relationship is the envy of many overseas-based companies and has provided comfort that companies will be able to invest for the longer term without facing major increases

Shetland and its way of life succeeded. The community has probably won the best deal possible and certainly, the best deal any small community has ever struck with the almighty oil industry. Summarised [...] Shetland has been secured for at least another 20 years. Simplifying the complex structure of payments - and their reinvestment - made by the oil industry to Shetland Islands Council, Shetland has today (November [...] it comes to the prospects of handling future oil from the Faroese sector. Fact is that the terminal has received a major £50 million overhaul this summer. Talking about the future, Mr Grant said earlier

Islands and that stipulation has meant that the oil companies and their contractors have to turn their focus towards a new market to find out what that particular market has to offer. This stipulation also [...] for the authorities, the oil companies and the local industry. The large quantities of data which has been collected from the drillings this summer will be subjected to intense studies over the coming [...] also commits the local business community which has to be on its feet marketing its products and services as well as meeting the demands of the oil industry. I know there have been difficulties in this

svarleysar spurningar: Though all the maps of blood and flesh Are posted on the door, There´s no one who has told us yet What Boogie Street is for. So kanska var tað eitt hugskot, um profeturin gloymdi dogmatikkina

uppaftur, so tað kann endaliga staðfestast, um nakar persónur skal ábyrgjast fyri tað, sum hendi. Hasse Magusson, sum misti tvey synir í eldinum umborð á "Scandinavian Star", segði við eitt norskt blað

manga bókina. Frank Schirrmacher kallar í Frankurter Allgemeinen bókina fyri: ?eine Dokument des Hasses?. Eitt hatursskjal og ein dreymur um morð. Der Spiegel hevur hesa søguna á forsíðuni, har serliga

pessimism. It has to be hoped this is not the fate of the Dooish well drilled by Enterprise (now part of Shell) in the Irish portion of the Rockall Basin this year. While Enterprise/Shell has disclosed the [...] disappointing Assynt well drilled last year by BP in the UK portion of the White Zone. While there has been no drilling in Faroese waters this year, the recently completed UKCS 204/16-1 Amerada Hess-operated [...] The French, Spanish and Portuguese sectors of the frontier have been singularly disappointing. One has to travel as far south as Mauritania in North-west Africa before viable finds are recorded, and, beyond

where details of a new round are expected to be released, said local officials. As exploration success has eluded the explorers in the southeast corner of the island?s offshore waters, it is likely that attention [...] impact on fish spawning and migration on constructing the huge wind turbines in shallow offshore water has yet to be fully understood, the wind industry is working closely with colleagues in the fishing sector [...] all attracting significant attention from the oil majors. But recent activity off north-west Europe has shown there is plenty there to interest oil companies. Three exploration wells in the region have now

were awarded and a major part of the commitments has been performed already, notably 3 of the 8 firm wells were drilled in 2001. This year no well has been drilled in Faroese territory, but next year Agip [...] Shetland, where oil in large quantities has been discovered in certain geological formations, notably Paleocene sections. One of the experiences the industry has made West of Shetland is to identify certain [...] lessons have been learned. For instance that relying too heavily on analogies from West of Shetland has its pitfalls. There is a need to approach exploration in the Faroes with an open mind in order not