Faroese waters. In order to be covered by FAS it is also necessary that the ship owner in question is a resident in the Faroe Islands. If the ship owner is a company it has to be registered in the Faroe Islands [...] Planning This brief presentation of the changes in the Faroese income taxation in recent years should make it clear, that they have affected the situation of both wage earners and enterprises. The changes introduced [...] relate to wage earners as it is of fiscal and therefore of financial importance whether they have signed on a vessel under FAS or DIS. In relation to hydrocarbon activities it may have fiscal and with that

60%) as it spreads its footprint to more and more areas of the world. The acquisition of Houston-based Mustang Engineering means that the group?s institutional shareholder base has grown to more than 20% [...] business offering in more arenas around the world. It has also opened up a new area of business, non-oil and gas waste logistics and quickly one its first contract in the field with more to follow. Abbot Group [...] followed a corporate review by Tullow, listed on both the UK and Irish stock markets, which resulted in it repositioning itself as a fully integrated exploration and production (E&P) company with a focus on

services required by the East and the West of Shetland oil fields. It is investment today for the ongoing business tomorrow.« Others are more open about their aspirations and hopes. The chief executive of [...] oil-related offshore activity.« »There is more emphasis now on these areas, especially with the turmoil in the Middle East. The Shetland and the Faroese area is becoming more important« Morgan Goodlad, chief executive [...] enough for a terminal in Faroe, then we are hopeful, that it should be viable to connect into Sullom Voe Oil Terminal.« However, he acknowledges that it is very early days yet to speculate on this possibility

have three exploration wells behind us and a lot of experience which I am looking forward to hearing more of over the next days. There is another marked change since last year?s conference. We have established [...] thank the organisers for providing this opportunity to discuss the experience of the last 12 months. It is important that we talk together so we can voice our opinions and experience. One thing that we have [...] issue of local participation in connection with the activities this summer. Evaluation is good but it all comes to nothing if we fail to follow up on the subjects that have been identified in the process

hetta er ein tann besti kærleikssangurin nakrantíð. "He lifts his glass from the table It leaves a ring where it stood. He sees the light from the window. Caress her like he knows he should. He's remembering [...] er : "Half moon in the sky tonight, bright enough to come up with an answer to the question why is it that every time I see you my love grows a little stronger. But your memory leaves my stomach churning [...] Saying come join us sister, come kiss the flame. Come dance in the moonbeams, ride the night wind, make love to the darkness and laugh at man?s sins". Hetta er teirra fyrsta studiofløga. Sjálvt um hon fyrst

framleiða hesar ótrúligu landaplágurnar, sum t.d. "Baby One More Time", "Crazy" og "Oops I Did It Again" og somuleiðis "Backstreet's Back", I Want It That Way" og "Larger Than Life". Desmond Child hevur skrivað [...] Vinnararnir av hesum bólkum gjørdist, nr 1: Backstreet Boys við I want it that way, og nr 2: Ricky Martin við living la vida loca. I want it that way er skrivaður av Andreas Carlsson og Max Martin, og Livin' [...] kum tónleiki. Um vit taka eitt lag sum heitislagið "Bounce", so minnir hettar ikki sørt um hittið "it's my life", sum teir høvdu fyri nøkrum árum síðani. Nevnast kann eisini nevnast "Everyday", ið longu

for the Faroese effort, whether or not it is successful. Naturally, there is no telling how lucky Agip, in partnership with Foroya Kolvetni, will be next year when it spuds the Marimas prospect (licence 002) [...] scheduled to close on 2 December. It has been reported that 20 companies have noted interests in bidding, with shallow water block 14 likely to receive the most attention, as it is close to Spanish territory [...] in such quantities that it could transform Ireland?s offshore energy prospects. John Browne, the Minister of State for Marine and Natural Resources told the Irish media: ?While it is too early to judge their

to do more environmental work in the area before we can open acreage there once more,? he said. A department of energy spokesman added: ?We are still working on the licence round and expect to make an a [...] exploration 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 [...] 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 around the

volumes of hydrocarbons, both light oil and gas. In a more detailed view, the results have demonstrated that none of the main targets turned out the way it was predicted. Clearly, the promising seismic signatures [...] importance of sharing as much knowledge as possible. It is our firm belief that in the long run everyone will benefit from sharing data and knowledge as it optimises the chances of future success. Future [...] Oljumálaráðnum Despite this being a conference on deepwater opportunities, challenges and technology it must be said at the outset that the main challenge of petroleum exploration in the Faroe Islands is

as its operator, BP blaming falling levels of oil flowing through the site, seeks radical ways to make the facility economic. Around 375 staff will remain on site, which is now expected to operate beyond [...] in the local economy." Warnings of the decision were made last month when the energy supermajor said it planned to restructure the facility in the face of declining North Sea production. Also under threat [...] Hundreds of contractors work at the facility, and their number will be cut by 50% to around 150. Many more contractors are employed on a project basis, but with no major civil engineering work planned high