have seen them in the glorious sunshine. The locals are really friendly and the place is just so chilled out, skrivar ein fjeppari, sum fleiri taka undir við. – I've always been careful of superlatives, it's [...] Føroyar fremst. – Certainly one of my best trips, probably equal top in fact. The Faroe Islands are completely stunning and take your breath away at times, certainly the most beautiful place I have visited [...] Can't wait to draw them for the 2010 qualifiers, sigur ein fjeppari, sum altso vónar, at Føroyar og Skotland koma í bólk aftur til næstu undankapping. Hetta eru tað onnur úr the Tartan Army, sum eisini vóna
Islands and the second phase from 2001 to the end of last year. At this point in time the Company is prepared and ready to go into the third phase of its development. Phase One The idea behind the establishment [...] Hoydal, Chairman of the Board, AP ------ The last year has shown very strong growth in Atlantic Petroleum, AP. This is well reflected in the trust shown by investors and the markets in the AP share. An investor [...] more opportunities. The early development of the Company should be based on the activities on the Faroese Continental Shelf. The shareholder base should be strong and 100% Faroese. The first phase was a
area on the back of the UK Schiehallion and Foinaven discoveries, and following the boundary agreement between the UK and the Faroese in 1999 the industry embarked on exploring the Faroese shelf with no less [...] active in the exploration for oil and gas on the Faroese Shelf. Sosialurin, founded in 1927, is the biggest newspaper in the Faroe Islands. Sosialurin has focused on the Oil and Gas industry for the last 30 [...] 30 years and is therefore the leading distributor of oil and gas related information in the Faroes. Our focus has primarily been on the Atlantic Margin. In the course of covering developments, we have
therefore it is difficult to evaluate how large a part of the money flows through the Faroe economy. -“Sindri is of a special nature, which possibly can be compared to the work done by the oil companies [...] with the Faroe area. Expenditure of that work is not calculated as an income for the Faroe society. It is all a question of definition”, Mr Joensen points out. He stresses that the overview is only intended [...] just look at part of these incomes. An overview compiled by Jarðfeingi shows that during the period from 2000 to the awarding of the first exploration licenses and upto 2006, some of the oil revenues had
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 [...] 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 [...] SheFar-cable in the Faroes in September The question is also what other services could come in the wake of this cooperation. For example, broadband and other wireless services. A futuristic question is how a company
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 [...] 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 [...] 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
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
after it has 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 [...] vessel, which has not yet been named will 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 [...] today counts 24 vessels, but the fairytale does not stop here, because in mid-November 2007, the new seismic supply vessel “Thor Alpha” is set to join the fleet and in the autumn of next year a sister vessel
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 [...] setting. The New York Times published an article about The Faroe Islands by the journalist Stephen Metcalf on the 25th of March this year. The headline went: “Into the Mystical Unreal Reality of the Faroe [...] out cultures to the point of lost identity, things have actually combined in favour of the Faroese. In that sense bad weather has formed the surroundings, the skills and the very soul of the Faroese in a
start 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 [...] 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 [...] to natural areas that conserves the environment and improves the well-being of local people.” Ecotourism is one of the fastest-growing forms of tourism today. With all the unspoiled scenery in Faroe Islands
