of the country is what makes it so full of opportunities for a person to shape life as he or she pleases. And coming in as an outsider is no barrier to fitting in and utilizing what the country has to [...] American Dream!” In the reality of what is the United States, I have not yet encountered this dream. And I doubt if I really believe in its existence. It’s simply too intangible an idea. To me, though the country [...] people infer we are some kind of communist satellite state. And, call me arrogant, but it does seem like an unreasonably large proportion of Americans outside of Hollywood dress as if they are completely oblivious

such, to give a brief overview of what kind of entity our country is, and what kind of challenges and possibilities lie ahead. You may be aware that the Faroes as an autonomous country constitute a special [...] Shetland, as an area for oil and gas exploration. As a Minister for Research, I find it tremendously intriguing to think about oil exploration in this area, also known as the Atlantic Margin, as an activity [...] country, we have an urgent need to diversify the economy. We have seen the economy grow and diversify for more than a decade now, since the recovery from the recession of the early 90ies. What must be striking

The interesting question then would be, what has the Faroes to give them? What could they gain from this visit and insight into Faroese history, current society and political situation? First of all, the [...] is no longer an obstacle. Modern technology makes knowledge accessible and the small and trustfully society makes a distinct dynamic possible through a unique networking. Together with an extreme growth [...] Natural balance Faroes is one of the very few modern places still in touch with nature. It is still an integrated part of nature to go fishing and having sheeps in the mountains. All though most youngsters

share a common vision in the potential of the Faroese and what could be their amazing destiny. Many of my colleagues have visited the Faroes, liked what they saw and returned to their distant shores to await [...] trait of the Faroese that I have found most intriguing. Surrounded by not much of anything except what their wits could claim from the sea, they have managed to produce a most remarkable society and at [...] terrestrial television (DTT). After analogue TV was shut 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

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 present. You will know [...] 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 her who remind us that it

Faroese travel industry needs to start 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 [...] turned into a strength. The Irish simply realised the potential of what they could offer and they soon started utilising these strengths. As an example, Irish folk music and dance, which once was heard and [...] seen only in the country, are now lucrative global industries. But what exactly did they do? In 1987, the Irish Government started an economic reform in which corporate taxes were reduced from 33% to 10%

might be just that: a new frontier – an unspoiled treasure. People are becoming aware of that. Tourism is now the fastest-growing industry in the Faroes. But what’s so attractive here on this rain-ridden [...] truly a land of contrasts: romantic and dramatic – a modern society, in an unforgettable timeless setting. The New York Times published an article about The Faroe Islands by the journalist Stephen Metcalf on [...] as our strongest industry – especially if we focus on the right themes in our marketing: As an example – an English research paper concludes that if you eat fish you get smarter babies. Recently a scientific

the offshore industry, fishing, and cable and pipe-laying. They have established themselves to such an extent within the offshore industry, that they deliver services to the world’s largest seismic companies [...] all over the world, so there is nothing strange in this situation. To Aberdeen to meet friends Asked what errands they have at Offshore Europe 2007, Mr Joensen says they first and foremost go to meet cooperation

locations. However in the Faroes offshore, an unexplored frontier area, a large area remains more speculative between these data points. To gain better insight to what these areas may contain, Statoil, Jardfeingi [...] Faroes. In 2006 Statoil and its partners did drill the Brugdan prospect in the Faroes (well 6104/21-1); an analogous structure to Rosebank. The well was abandoned due to bottom­hole problems and time constraints [...] small amounts of hydrocarbons. Together with radar, satellite and sea bed cores they suggest at depth an active hydrocarbon system . Therefore with only five wells drilled into the Faroes offshore area, four

control such a demand if an oil industry emerges. – I am not saying that such a demand is right or wrong, I am just saying that we should think carefully so we do not create an inflexible system, by imposing [...] amount of knowledge in this field, and this is a great advantage. If we are to establish ourselves in an oil industry, we have to attain the same competence levels as our rivals. If we are not competitive [...] dollar everything revolves around. In any case we ought to impose very stringent demands regarding what equipment is permitted into Faroe waters to operate. – We ought to do as the Norwegian do and set