expected to float on the London Stock Exchange early next year in a bid to raise £10-20million to finance its participation in the great, slow-pace Faroese oil race. ?We?re ready to go ? waiting for the right [...] the Faroese had been awaiting for some time ... the decision by Denmark to surrender all rights to ?minerals in the subsoil? to Faroese control, and therefore the right to determine the course of the possible [...] 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, Phillips

less dramatic, has arrived, the promises have been kept and great care has been taken this time to try to avoid any more boom to burst scenarios. Companies have expanded their horizons and diversified so [...] price for Brent crude slumped to under $13. Developments were once again put on hold and the century ended with a year in which the price was down to under $10 a barrel at the beginning at up to more than [...] 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 is buoyant. There

community that had depended so long on fishing and farming.« »It was also an opportunity for so many Orcadians, who had been forced to leave to find work, to come back to the islands. And that reversed [...] payments is made to the islands council, which invests the money for the greater good of the community as a whole. They have funded many economic and social projects and continue to do so. A new cheese [...] neighbours - and have made a huge contribution to the present prosperity of Orkney as a whole. The wealth the terminal has generated is difficult to calculate. The sums involve the wages paid to staff and c

prompted the company to formally announce half-yearly accounts for the first time although it did nothing to dampen speculation that Wood Group will seek to float on the stock market to fund the next phase [...] s that may no longer be of interest to the biggest players. »The majors are looking at bigger fields to give the level of profit they are looking for and that creates an opportunity for us in the marketplace [...] 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 up acreage, a number of key

industry and it takes some doing to gain a foothold. Our operational area is especially capital demanding, but we are quite fortunate to have a cooperation with Havila, who also have a share in Supply Service [...] addition to the international demands. – They have for example a special duty on NOX. This means that a maximum has been set for how much detrimental waste can come from a vessel. In practical terms, this [...] Norwegian company Havila for the 2001 exploration round: – Since then we have had the opportunity to monitor developments and last year we were able to buy vessels. Since then they have con­trac­ted four new

wherever you go. It is a miracle that people and creatures have managed to survive here in this seemingly inhospitable place for more than a thousand years. You’ve got to be creative to do that. But there [...] 699,000,000 (2003). Do you want to know more? If you would like to get to know the Faroe Islands, you can e.g. visit: http://www.faroeislands.com http://www.visit-faroeislands.com For more information on [...] need to embrace change to whatever extent necessary. The ability to cooperate effectively and develop strong networks is becoming more important. And still it is crucial for us to hold on strongly to our

politics can no longer afford to be just a pastime hobby for men only. The larger countries have realised that the right man for the job is quite often a woman! Dear Mr Clinton, the country you are visiting [...] the USA is, that you were capable of gathering people around you, who presented you with the most and best dimensions to your political reality – among them were the strong women. You are familiar with [...] Choices Plan«, which is intended to diminish the massive gap between those who can afford to pay for health care and those who cannot. This was also a plan she worked hard for over the years her husband, Mr

software engi­neers knows when you don’t pay and shuts off your access to signal. You pay, you watch. Simple, efficient, and oh so practical. The United States as well is well known for its practical nature and [...] success. Their profitable endeavor came as no surprise to me. The Faroese have been pulling off this sort of thing for centuries. Take Jónas Bronck, for example. Born in Copenhagen, the son of a Danish Lutheran [...] languages on agriculture and navigation and, given his connection to Holland, not surprisingly, a book on how to build a windmill. Apparently for years it was the largest collection of books in America. Now

struggle to do so. The Faroes have not been independent since it came under first Norwegen than Danish rule. However the Faroes have also acted very independently and it seems like the Faroese have the oldest [...] great value for NATO. The Faroes has herself never been to war. From remote to central The Faroes have always paid the price of being “The Far Away Islands”. But this remoteness is no longer an obstacle [...] Faroese go abroad for studying. It has its benefits as people see other societies, but also needs to get them back home. Small societies The Faroes has a lot to give the world in how to manage remote and

what you may find deep down, but one is always taking a risk, and you will not know if you find anything, before you actually hit it with the drill. Let me now, ladies and gentlemen, reassure you that [...] situation is not least beneficial for the smallest actors on the international arena. You might say that the smaller your own home market, the more active you have to be on other markets. We aim at being [...] neither do you or me any good. We will in the next few moments hear people, who know far more about these matters. - - - - I will now turn to the Faroese society and political system as such, to give a