couple of years ago.« Under this 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

because they will significantly influence where the next tranche of wells are drilled. With three ticked off so far, there are another five commitment wells to drill under the four six-year licences awarded in [...] (20%) and Veba Oil & Gas (15%). The rig used was the big semi-submersible Sovereign Explorer. Next off the starting blocks was BP (66.67%), partnered by Shell (33.33%) and working with the super-drillship [...] Phillips, Enterprise and Veba; and 007 issued to Anadarko alone. Some 70% of the acreage originally offered to the companies was not awarded. And so the hunt has begun in earnest. But a massive amount of effort

have escalated, as have retail prices. Unemployment is the lowest in Scotland but the high wages offered by the North Sea operators and contractors have prompted workers to abandon the indigenous industries [...] simply handed their keys into their building societies and told them ?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 [...] has just celebrated 25 years of production. Where the first oil was pumped ashore gas was flared off and it was expected that the field would last until 2001. Now it is a major gas field and the silver

tax as this is considered an appropriate way of financing the services that a modern society has to offer. Income tax is paid with the presumption that it has been assessed and collected in accordance with [...] introduced differ from the prevailing income tax rules. This is with reference to special rules, that offer tax advantages to a group of taxpayers doing business in shipping, and special rules that extend the

in the marketplace,« Mr Dingwall says. Dyas UK also typifies the trend in a way. The company sold off its North Sea interests in 1988 but returned to the province by buying half of Shell?s 4.357% interest [...] techniques to breathe in new life. Just as many commentators were prepared to write the North Sea off as ?mature? and past its peak, new ways of drilling for oil which expand the available reserves and

hjá teimum, teir vóru blíðir, men vistu onki um Føroyar. Í 1990 skipaði hann fyri at fara á Aberdeen Off Shore við einum føroyskum ferðalagi uppá 70 fólkum. Hetta var ikki sørt flent at í Føroyum og hildi [...] hugsa um eina føroyska oljuvinnu. Heldur ikki tey altjóða oljufeløgini ferðalagið møtti á Aberdeen Off shore voru nakað serliga positiv fyri møgulleikunum á okkara leiðum. Stovnaði felag Umleið 1992 stovnar

Shetlends?s Oil Experience Hans J. Marter Shetland is ready for the Faroese oil industry to take off and is confident that both island groups will benefit hugely once oil is discovered in the Faroese sector

contractors have to turn their focus towards a new market to find out what that particular market has to offer. This stipulation also commits the local business community which has to be on its feet marketing

Alexander, loksins fekk beint bóltin í málið. Við sigrinum heldur Hull fast um sessin millum play-off plássini. Bert eitt stig er upp til silvurplássið, sum hevur beinleiðis uppflytan við sær.

prógva, at teir kunnu standa seg í oddinum, og at stórtapið fyri Neistanum bara var ein kollektivur off-day. Í Havn skulu Neistin og H71 takast. Undan kappingini varð nógv tosað um, hvussu langt hesi bæði