down in the Faroes, a local company launched what is reputedly the world’s first commercially viable DTT system. The company does not boast a staff of hundreds, nor even dozens. On the contrary, it has but [...] practical. The United States as well is well known for its practical nature and everyone knows that teamwork and practical colla­boration is the spirit of the age these days, but the Faroese and the Americans [...] now all that remains is but to execute it. I refer, of course, to the country’s Vision 2015, the hope and dream that the Faroes will become one of the most progressive nations of the world by 2015. A bit

heartly wishes you welcome to the Faroes. That you have taken the time to come to our tiny far-flung country is a sign that what often seems impossible is possible, if just the will, ability and effort are [...] if she is successful in her endeavour to become the first female President of the United States or not, she has already become an inspiration and role model for women all over the world. It is women like [...] have fought your way to the Presidency of the United States. However, behind a great man very often stands a great woman it is said and in your case there can be no doubt that this is a fact. We hereby wish

director of the organisation. Unspoiled Territory to Explore What advantages do the Faroe Islands have as a travel destination? The fact that our country is a small archipelago in the middle of the big ocean [...] lazing in the sun. It seems that people are starting to turn their eyes to the north rather than the south. Maybe it is because people feel safer travelling north than south these days. And since the northern [...] thinking of the Internet as an integral part of their marketing strategy and show the world what they have to offer. At the moment, a wealth of information is out there in the middle of nowhere, but it should

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 suddenly – there it is again 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 and the Arctic waters from the north produce a paradise for [...] often used when trying to describe the feel of the Faroes – and the fact that everything is close, whether you want it or not. People are fascinated by the contrasts and the Faroe Islands are truly a land

join. The hull of the Thor Alpha was floated from the Skála shipyard dock on the 21 of July 2007 and is currently being completed. It should be ready to begin operations by mid-November, after it has been [...] year is expected to cost app. DKK 80 million. Mr Gunnbjørn Joensen says the Thor Alpha will set course directly for Mexico when it is ready. The company is providing offshore services all over the world [...] been to the Danish town of Hirtshals to sandblasted and painted. The Thor Alpha is 55 metres long and will cost in the region of DKK 76 million. The sister vessel, which is expected to be ready in mid-September

The question is being asked 'why is Statoil remaining in the Faroes for hydrocarbon exploration after drilling two dry wells?' Statoil answers this on several fronts. First it is a 30% partner in the exciting [...] programme. As the latest press release indicates the field's third well (205/1-1) has just been tested and produced hydrocarbons at the rate of 6,000 barrels a day. In addition and importantly, the structure [...] structure of the Rosebank-Lochnagar field is similar to large structures mapped by Statoil and its partners in the Faroes offshore. These constitute significant untested exploration potential in the Faroes. In

not be 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 [...] 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 [...] stringent demands regarding safety and the protection of the environment and they demand knowledge of Nordic languages. It is possible to have the suspicion that some of the demands imposed are there to protect

least abroad. It is no big secret however, that both patience and professionalism is required if a contract is to be established with a large oil company. The beau racy is immense and it is all important [...] several of the areas the Faroe company is already engaged in. Recently the Shetland News wrote that the SheFar-cable could possibly form the basis for cooperation between Føroya Tele and BP. The paper wrote [...] Monday edition. The contract is to link two of the producing oilfields west of Shetland, Schiehallion and Clair into the SheFar-cable, which is currently being laid between Shetland and the Faroes. This contract

shows that during the period from 2000 to the awarding of the first exploration licenses and upto 2006, some of the oil revenues had reached 200 million kroner. In the overview, it is stressed that these [...] incomes from the Sindri fund, which is a fund established by oil companies in the year 2000, and which objective is to support scientific research within the oil industry, included in the overview. It has to [...] and therefore it is difficult to evaluate how large a part of the money flows through the Faroe economy. -“Sindri is of a special nature, which possibly can be compared to the work done by the oil companies

active in the exploration for oil and gas on the Faroese Shelf. Sosialurin, founded in 1927, is the biggest newspaper in the Faroe Islands. Sosialurin has focused on the Oil and Gas industry for the last 30 [...] on the back of the UK Schiehallion and Foinaven discoveries, and following the boundary agreement between the UK and the Faroese in 1999 the industry embarked on exploring the Faroese shelf with no less [...] areas. The first of these, with Statoil as the operating company, was a dry hole. The William Prospect with BP as operator is set to spod later this year. It will be interesting to see what the William