member of The Faroes Partnership, is participating in the drilling of the third exploratory well on Faroese territory. »It is easier to work together with others if all the parties involved have the same [...] develop human resources both on the Faroe Islands and at DONG. »One of the main aims of our activities is to support the development of competence within the oil industry on the Faroe Islands,« says Jan Terje [...] Knowledge concerning the Faroese subsoil DONG has had activities on the Faroe Islands since 1995, when the company, in cooperation with the Faroese authorities, was in charge of the preparation and drilling

Then followed the long grind to get legislation finalised and onto the statute book, the decades-long boundary dispute with the UK settled, and the first licensing round launched. The last mentioned and [...] achieved in the first |Faroes campaign is smack on the global average. The trick now is to multiply that success several times over during the next two to three years, convert the discoveries into commercial [...] analyse the results of the three-well programme just completed. The conclusions drawn will be critical to the intended 2002 schedule, not least because they will significantly influence where the next tranche

teenagers? If so, did you notice that the music sounded »duller« than it would if you had been in the same room as where it was being played? In fact, the reason the music sounded dull is not just because [...] and this done by varying the amount of air they release and changing the depth at which they are deployed in the water. However, Professor Ziolkowski?s calculations suggest that the source needs to have [...] second), and this in turn means that the airguns have to be both deeper in the water, and four or five times the normal size used for exploration. As a result, the equipment required for this type of survey

møguligum beinleiðis inntøkum til landskassan um Hetta, at kolvetni eru funnin í slíkum nøgdum, sum The Faroes Partnership nú eftir øllum at døma hevur gjørt, ger eisini at føroyaøkið eisini framhaldandi

dependent on the daily fluctuation of the oil price and the Faroes Islands must carefully balance the huge opportunity which the industry can bring with the retention of the islanders? core values and the very [...] because of the oil industry and the challenge for the Faroes, if oil is discovered in its waters, will be to capitalise on the opportunity yet retain the unique charm of the islands. Aberdeen and the North-east [...] of the islands. The first gas was discovered in the North Sea by BP in their West Sole Field in 1965 and two years later Amoco found the first oil in the Arbroath field. It was 10 years before the first

glow for the past 25 years - a sight as familiar to residents as the stars that fill the clear skies above the islands. Islanders treasure the winter spectacle of the aurora borealis. But the source of [...] calculate. The sums involve the wages paid to staff and contractors over the years, the service industries that benefit from oil-related work and the dues Orkney?s Harbours Department charges the tankers [...] many of the benefits of oil developments without many of the less acceptable aspects.« »One of the big advantages here was the creation of the terminal on Flotta, a small island well away from the main centres

in the year 2003 you can travel from the airport to Tórshavn via the new tunnel between Vágoy and Streymoy in about 40 minutes. The airport is managed by the Civil Aviation Administration under the Danish [...] approach« runway with the ICAO-code mark »3«. Up to the end of October 139,717 people travelled through the airport, increase of 11.0% compared to the same period last year when the passenger total was 143 [...] Vagar Airport, the airport in the Faroes, is located on the island of Vágoy. Regular bus and ferry connections are linked to scheduled arrival and departure flights. The trip to Tórshavn takes 1 hour and

to the rules applying to the Faroese International Register of Ships (FAS) that came into force in the beginning of the 90?ies and the rules of taxation on crew?s wages that came into force in the second [...] taxation on crew?s wages. The objective of the FAS arrangement is that the shipping companies get refunded a part of the wages paid to their employees. The objective of the special rules for taxation [...] taxable. The hydrocarbon tax regime extend the scope of the ordinary tax liability to the Faroese Treasury so that everyone in the Faroese territory (e.g. sea territory, sea bed, subsoil, and the Faroese

ráðvøra eins og vinna í Føroyum. Kanningin hevur arbeiðsheitið A Study of The Impact of The Development of Hydrocarbon Resources on The Faroe Islands. Tað er BP, sum hevur umbiðið hesa kanningina. Umframt Menas

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 in the Elgin/Franklin fields. The number of niche [...] executive, hoped to be at the helm of the first Scottish company to go for an IPO (initial public offering) in 2001 but the plans to list on the New York Stock Exchange were shelved as the OSX oil services index [...] acquired than be bought over. The record of expansion saw the share price double in a year prior to the post-September 11 volatility in the market. In October Abbot completed the acquisition of Deutag of Germany