overseas-based companies and has provided comfort that companies will be able to invest for the longer term without facing major increases in the level of tax levied. While these new entrants have been buying [...] an oil province which has never hit its expected peak production levels, recent entrants and longer-term players are using new and more entrepreneurial techniques to breathe in new life. Just as many co

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 less dramatic, has arrived, the promises [...] installation safety cases rather than follow prescriptive rules. The industry now claims that in terms of major accidents it is safer than industries such as construction, post and telecoms, water, food [...] government and the industry than ever before as efforts were intensified to try to safeguard the long term future of the industry. The North Sea oil industry continues to flourish and the North-east economy

2000, seven licences were awarded to 12 oil companies. Aside from the four six-year terms granted, three nine-year terms were also issued, with 005 going to Agip with FK; 006 handed to Statoil with Anadarko [...] with the UK settled, and the first licensing round launched. The last mentioned and, in practical terms, most critical event did not take place until February 1999. Finally, OFS received 22 licence applications

programme, DONG and the other companies in The Faroes Partnership offered some young Faroe islanders short-term employment ? so-called traineeships. »In that way, a number of young Faroese have been able to work

programme, DONG and the other companies in The Faroes Partnership offered some young Faroe islanders short-term employment ? so-called traineeships. »In that way, a number of young Faroese have been able to work

fact that Newfoundland has a much smaller economy than Norway. In population terms it is one tenth of the size, and in GDP terms even smaller. Accordingly, a relatively small scale of activity has had a large [...] pools and homes for the elderly. However, these types of initiative can only be sustained in the long term if such social spending is accompanied by the development of a broader and more resilient economic

Navion, tá tað fer at bora á landgrunninum um góðar tveir mánaðir, men so skjótt BP fær eina ?long term? langtíðar borisáttmála, eftir at olja er funnin, so fer helst at bera til at broyta samansetingina

5 9 DONG 3% 41.8 10 Føroya Kolvetni 1% 15.0 11 Atlantic Petroleum 0.02% 0.2 Total 100% 1,234.0 In terms of the total acreage awarded, Anadarko has gained by far the most net acreage (a total of 15 blocks

Árni Olafsson hevði orðið á ráðstevnuni. Hann segði, at Føroyar vórðu ikki áhugaðar í einum ?short term? útviklingi. Tvørturímóti verður hugt og arbeitt longri fram í tíðina m.a. við menning av einum føroyskum

eduvational, cultural and sporting links on a more equal footing than has previously been possible. In terms of specifics, the areas which immediately come to mind for the Faroese to focus on are: ?Collaboration