conditions. A cautious Elttur said: ?The success of this well is very important for the Faroe Islands as a future oil province, even if we do not at this moment of time know whether the find is commercial [...] make a real difference to the next year?s campaign by other consortia, including the Agip and Foroya Kolvetni (FK) partnership. This is a particularly important time for FK in that, though it is largely [...] average. The trick now is to multiply that success several times over during the next two to three years, convert the discoveries into commercial projects and guarantee the islands a place among the world

which is worth reciting once again. It has been confirmed, that an active hydrocarbon producing system is present in the Faroe subsoil. Although this is an important confirmation, oil exploration is a far [...] forget that a drilling is just the end result of an exhaustive preliminary work project. The license holders are doing a huge amount of work. Our own geologists at Jarðfeingi are also doing a large amount [...] Knowledge on the area is of course much better today compared to when we begun. A considerably larger part of the region has been mapped. The basalt, which was estimated as a massive problem, is little by little

order to reach a main objective: to ensure an excellent society for all citizens. Dual Strategies for Welfare The vision of welfare originates in a political ambition and it aims for a social system which [...] innovation, cooperation and growth. From a liberalistic market philosophy these two dimensions may seem antagonistic to one another. Yet, this is exactly what our welfare project attempts – namely to create [...] be carried out in a new law that ensures the elderly citizens’ rights and options. The Welfare System Strengthens the Availability of Competition. Our objective is to incorporate at a society: • without

their sentience. This is not about killing a cow, a sheep, or a pig raised for human consumption. This is akin to killing a mountain gorilla, a chimpanzee, or an orangutan. It is simply ethically and morally [...] essentially non-human persons. And that is why it is my sincere conviction that the killing of a whale, the killing of a dolphin, the killing of a pilot whale is – the moral equivalent of murder! These [...] to understand what I feel and what I have experienced but it is real and it is profound in its effect upon all that I have done and will continue to do until the end of my life. I saw a different and separate

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There is much to be done, without question. The path before us is indeed a difficult climb. But we are a tenacious and gifted people, and, I truly believe, blessed with considerable talent. Now is the time [...] endeavoring to enter into a variety of collaborations with ocean research centers from around the globe to create a world-class oceanographic center here in the Faroes. It is hoped that such a center will extend [...] Declaration of Independence, once reflected in a letter written in 1803 to James Monroe that some men were born to serve the human race on a "broad scale". It is an immense pleasure to welcome to our distant

2000 as a basis for building up a Faroese oil and gas company and become partner in a strong group of international oil and gas companies. In that way the necessary skills and knowledge to run a professional [...] 1998 and 1999 would be able to cash a return of around 110 thousand DKK if he sold his shares this year, a healthy return by any standard. The company was founded with a share capital of DKK 25.5 million [...] marked a significant develop­ment in the organisation of the Company. Meeting the require­ments for full transparency in all company matters has been a welcome challenge and all information is now readily

state, Mr Mikhail Gorbatjov held a high level meeting in Reykjavik. This was a visit, which projected Iceland firmly on to the map of the international world. It is still a fact that when people mention the [...] It is great honour for me to invite two such prominent and distinguished guests welcome to Tórshavn. For us it is a great honour that these two gentlemen have agreed to visit and I sincerely want to thank [...] must be a resurrection after the persecution he experienced. If the advice of Mr Blix had been adhered to from the very beginning, the war in Iraq may have been avoided, which it has to be said is a large

uneconomic are now almost routine. The North Sea is a mature province but the message the industry is struggling to transmit, particularly to the young, is that it has a long and valuable future and offers excellent [...] Argyll Field and by 1978 production had reached a million barrels a day. Aberdeen was enjoying unprecedented prosperity with hotel rooms at a premium and hardly a seat available in the rapidly increasing number [...] Rear window stickers appeared in cars all over the city pleading with the Almighty for a second oil boom and promising, in less than reverend terms, not to waste a second opportunity. The second boom, albeit