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
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
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
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
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
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
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
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
in 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 [...] polity in the middle of the North Atlantic taking the advantage of the new opportunities The task for the Faroes is to bring home the Faroes brainware. Most of the Faroese go abroad for studying. It has its [...] 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
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 about the Faroese economy [...] connecting six of the islands whith over 80 % of the population. Moreover, the IT penetration is near 100 %. We are now about to undertake significant investments in the Vagar airport both with the aim to modernise [...] The main theme tonight is of course the Faroe Islands, and indeed the whole area between the Faroes and Shetland, as an area for oil and gas exploration. As a Minister for Research, I find it tremendously
