disputes very often require time to reach a peaceful settlement, and sometimes the place for such negotiations can be difficult to find. I will allow myself to offer the potential of the Faroe Islands as a secure [...] ? ?It is a honour for us that a former President of the United States of America is visiting the Faroe Islands, to present a lecture on current international affairs.? ?It is a special day for all of us [...] that you as a representative for the world’s largest democracy is visiting one of the world’s smallest democracies.  History is in the making and hopefully a bridge is being built between two very different

payments to the SIC in the light of declining North Sea oil expectations. However, due to improve oil recovery techniques and the development of oil fields to the West of Shetland, the presence of the terminal [...] , which is being developed in the North and West of Shetland, is located to the prospective oil province on the other site of the border between the UK and Faroe. Former Sullom Voe Oil Terminal manager [...] close to his chest when 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

between the former Tourist Board and the Trade Council. SamVit is to carry out the chosen national trade policy. The main functions of the organisation are to encourage innovation and enterprise, to advance [...] in the Faroese area that have not been drilled yet, and there is growing consensus that they are likely to yield significant discoveries in the years to come. The successes on the UK side of the Faro [...] experience in the maritime sector as well as the oil sector. The fact that we have lived off the sea for generations and are used to rough weather conditions is a clear benefit when working in the oil industry

gateway to more than forty percent of the people in the Faroes. Oil industry activities The objective for the participation of the Port of Tórshavn and their former participation at ONS is largely to support [...] The Port of Tórshavn is once again a participant at ONS this year, as was the case the foregoing years. They will represent both Tórshavn as a town and as the Port of Tórshavn, which is the direct gateway [...] support the companies participating on behalf of the Faroes. Another objective is also to market Tórshavn as a town and a supply base, without taking anything away from Rúnavík, which is the permanent offshore

were being waved and the effect of this was magnified when the spectacle was shown on the giant screen in the opposite corner of the stadium. We had the equalizer before half time and then Klose putting [...] again. This seemed to stir the Faroese into being even more attack minded. Instead of the sort of damage limitation they would have resorted to in previous years they had the confidence to attack and go for [...] hope that the Landsli_ can carry on exactly where they left off last October in Hannover. They left the field in triumph as the whole stadium rose as one to applaud their heroic efforts. In the last few

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 [...] investigate the practicality of using the constant rhythm of the waves to generate power. To capitalize on this growing interest in the Faroes and to foster accelerated collaboration with the international [...] 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

rounds is an important weapon in the explorer?s armoury. The UK will open its 21st licence round next year but it is unlikely to include any acreage near the Faeroes. The 21st round is likely to be a mopping [...] n 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 [...] frontier area is fantastic, and with more drilling the chances of a find will continue to improve.? The next drilling campaign is likely to kick off next summer by Italy?s Agip, and is not likely to be followed

utilizing the power from the sea. The idea is to use the power waves give when they reach the shore, a process the company Sewave is working hard on being the world leader in. If it turns out a success, the [...] the Faroes are proven to be the safe haven on earth, according to statistics, it has the lowest crimerate in the world. If we look at violence, the picture is the same. Natural balance Faroes is one of [...] and effectivity. The aim is to develop the Faroes to a knowledge society and in this environment where the country is, at may well be a process that makes the Faroes bring solutions to the world in these

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 before the well had tested [...] 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 [...] drilled into the Faroes offshore area, four in a confined area close to the UK producing Foinaven-Schiehallion Fields, the exploration companies still need to investi­gate, research and understand the Faroes

scattered in the middle of the North Atlantic Ocean, is that we have managed to combine the best of our ancient traditions with all the new things and aspects which represent the modern world today. The fact that [...] wealth and all of our culture is reflected and conditioned by the intimate association with the sea. The sea around the Faroes – a sea, which encompasses the whole of the Northern hemisphere, and plays [...] outstanding opportunity to request you to bring our very best wishes to your good friend Mr Nelson Mandela and on behalf of the Faroese people invite him to visit our peaceful islands in the North Atlantic. PS