for faroese fish products.Generally the market was favourable with high prices, which the european markets generally could not compete with. Both the faroese fish industry and the faroese society benefited [...] the US fish market is attractive and offers good opportunites for faroese fish exporters. Personally I dont understand why faroese importers of general goods such as timber, building materials, cars, grains [...] coming years. Of course Faroes is a small market with an annual import value of USD 1 Billion, but personally I would welcome more US initiatives with trade missions, cultural visits and increased political
Faroese society has made app. 200 million kroner directly from the oil industry, since oil exploration efforts begun seven years ago It pays to explore for oil. This is absolutely clear if you look at the income [...] special nature, which possibly can be compared to the work done by the oil companies in connection with the Faroe area. Expenditure of that work is not calculated as an income for the Faroe society. It
partner company FK met with officials from the Faeroes Ministry of Petroleum in mid-November to plan out the next phase of exploration drilling for the company. BP?s disappointment with its first well drilled [...] currently struggling to find the right place to drill.? Offshore Faeroes still looks like a good exploration play, with oil companies still prepared to pump millions of pounds into the region. Much has already [...] frontier areas such as offshore the Faeroe Islands is an expensive, nerve-wracking occupation fraught with economic uncertainty and personal danger, capable of giving jaded oil executives emotional highs and
us with the basis for future prosperity.« Traditionally, Flotta itself has put huge amounts of cash directly into the Orkney economy by paying people big salaries they in turn spent on local goods and [...] Britain when it opened in cinemas across the country in 1983. One scene in particular struck a chord with people here. The Hollywood star Burt Lancaster steps out of a helicopter on to a remote Scottish beach [...] directed Local Hero, an American oil tycoon called Hammer - the legendary Dr Armand Hammer - had watched with pride as the British Government's Energy Minister officially opened the oil terminal on Flotta. While
tourist numbers started rocketing. The fact that people could get in contact with the local people in this way, along with the slightly primitive image the Irish projected, has led to a lucrative tourism [...] people.” Ecotourism is one of the fastest-growing forms of tourism today. With all the unspoiled scenery in Faroe Islands, and with tourist numbers increasing every year, it is of utmost importance that we [...] less of mass tourism, there is more unspoiled territory to explore. We Mustn’t Throw the Baby Out with the Bath Water So in a way, the Faroes sell themselves as a tourist destination, but since we have
feitum rokk-gittara og hoppandi solo. Tey meira friðarligu løgini, m.a “Love is Dead” og “Sleeping with ghosts”, vóru vøkur og innilig. Tað var feitt at síggja Guðrið (sum annars eisini er vøkur við gittara [...] serliga íblástur frá Dave Gahan/Depeche Mode í tónleikinum hjá Heiðrikki. Síðsta lagið, “Am I not too good” hevði eitt heilt serligt Depeche Mode huglag – ikki kopiering, men atmosferan var har. Legði eisini
angry over parts of the law. The campaign However, the campaign you now have started with full page ads in English with the sarcastic subject "Welcome, foreign workers" is completely incorrectly addressed [...] to the foreigners, who have received a job offer in the Faroe Islands, and who are coming here in good faith. In my opinion the ad is repulsive. In the text, you try to make it sound like you are doing [...] think this is highly inappropriate and embarrassing to witness - as a Faroese citizen. I feel that with this campaign you are creating a division between the Faroese people and the foreign workers. In fact
very busy with oil related ships. Our income this year is well up, and much of that is thanks to oil-related offshore activity.« »There is more emphasis now on these areas, especially with the turmoil [...] authority in Scotland and beyond. With an unemployment rate close to 1%, the islands? economy is continuously on the verge of overheating. The islands? authority with its many financial instruments has [...] is hidden away 30 miles north from Lerwick, the busy capital of Shetland. The side effects With all these good news, one can justifiably ask whether Shetland ? within its limits of its devolved power ?
unprecedented prosperity with hotel rooms at a premium and hardly a seat available in the rapidly increasing number of restaurants inn the city which had truly become cosmopolitan with American, French and [...] disappeared along with thousands more onshore. A leaner and meaner oil industry emerged from the slump focused on driving down costs to make the North Sea more globally competitive and with each year since [...] Sell the house if you can, I?m off.? 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
resolve the “basalt problem”. The great challenge with basalt can be divided into two separate parts. The first is to “see” properly through the basalt with seismic data and the second is to drill through [...] Greenland. Together with several other international oil companies, we conducted some core drillings in northeast Greenland. A total of seven other oil companies participated in the project, with us as the operating [...] are very active in Faroe territory. We are the operating company in four licenses and are a partner, with a 30% stake in a fifth license. Just one of these licenses stems from the first bidding round in 2000