principles we wish to celebrate on our Flag Day. In my rough translation, it says: “Where the flags fly, let my flag fly equally amongst them”. And that is what the whole story and the long struggle for our [...] all around the Faroes. In every Flag Day speech, in every village, on almost every island today, the role of Britain in our flag’s official history will be remembered. Being in Scotland gives us the chance [...] Faroese companies are making major investments in sustainable aquaculture in Scotland with the view to developing the industry for our mutual economic benefit. But we also have so much more in common than

Faroese participation in an oil industry in general. He is also of the opinion that Faroese are good at making themselves visible, by for example having a stand in the festival area and adds that he is always [...] always very interested is seeing the Faroe stand, in particular the good food on offer to visiting guests. -“Just the thought of Faroe food makes my mouth water”, says Mr Kjell Ursin Smith. Large dive [...] with many stands and artists”, says Mr Smith. In size, the largest participating companies this time are FMC Technology, StatoilHydro and Cameron, but in respect to turnover General Electric, GasProm,

closer to our goal. There are also others involved in this large task, but we do not see them or their activity in our everyday life. Knowledge on the area is of course much better today compared to when [...] of the Faroe stand at the exhibition/conference in Stavanger. It is my sincere hope that we continually manage to organise the surrounding framework in such a manner that these will be of interest and [...] some fear, regarding how these multinational companies, which now were to invade our country, would conduct themselves. As time has passed, and the companies to a greater or lesser degree have been active

if we want to stay competitive. The burning question is: What role can a little nation like the Faroe Islands play in a globalised world? In my view information, communication and technology are creating [...] Originality But what contribution can the Faroe Islands make? In my view, it seems that remote places like the Faroes are becoming more and more interesting to more and more people. I believe that in a world of [...] ly.« This is – in my view – a beautiful poetic description of The Faroes. And let’s stay in the poetic corner. Danish author and jazz singer Suzanne Brøgger, who visited the islands in March this year

towards the oil companies, says Mr Rasmussen. He says that in the Faroes we have strived to meet international demands. In Norway however, they impose their own demands for vessels working in the Norwegian [...] the CEO for Supply Service. In this connection he adds that the vessels currently being built by Supply Service meet all the latest demands, are in excess in this respect of what is required for our waters [...] next year and in 2009. These are so-called PSV vessels, or Platform Supply Vessels. – Competition is fierce in the oil industry and it takes some doing to gain a foothold. Our operational area is especially

herbs are growing in the Faroes and the nature is so wise [] most problems, people develope at that particular area, will be possible to cure by just turning to the nature, turning to what available; just [...] órógvandi trásettur av eini bók kallað What Would Jesus Eat? "Oh, it?s the best way to lose weight", segði hon blaðmanninum frá. "You should try it. It?s simple. You eat what Jesus ate, and the Holy Spirit works [...] tað veit eg ikki. Men hetta er so tað, hon sigur: "I was looking forward to come to the Faroes and offer my help to people who like to have help like that". Frálíkt, í sjálvum sær, men "that" merkir "alternativur

opportunities in the area, including licence bids. It will be interesting to see whether pragmatism prevails and other, easier pickings are pursued, perhaps in the North Sea itself. Offshore Ireland is in many [...] exploration companies such as Shell who operate here,? said a Sinn Fein deputy Martin Ferris. ?Almost uniquely in the world, this Government has no stake in any oil or gas find, and the companies pay no royalties [...] offshore Ireland on the Sarsfield prospect in the Porcupine Basin in 2001. But it was a duster. Prior to that, in the late 1990's, the company participated in the Connemara field appraisal programme. It

likely to be a mopping up exercise mature areas not taken up in the previous 20th round and a batch of assets in the gas prone southern North Sea basin. Acreage in the West of Shetlands and east of the Faeroes [...] included in a single round at a later date, said a government oil and gas official. ?We included acreage close to the Faeroes in the 19th licence round. We need to do more environmental work in the area before [...] better than at any previous point in the history of the North Sea industry. It is particularly important that we should find ways of working together in the median areas around the territorial borders.?

are in the Estremadura/South Peniche area, six in Alentejo/Sagres, and four in the Algarve Basin. Geologically, the acreage lies in an area that is considered similar to those oil-producing areas of West [...] Aljubarrota prospect in 2000 and again in 2001. The adventure proved a commercial failure and resulted in Desire backing away. In its 2001 annual report, Desire said prospects identified in the Lusitania Basin [...] interval of approximately 170m in Palaeocene sediments. Located in 950m of water, close to the UK/Faroe boundary in the White Zone, the well was drilled to a total depth of 4275m in a deepening operation, after

stipulation has meant that the oil companies and their 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 [...] were on the agenda. In addition the Ministry of Petroleum will meet with the oil companies and representatives from the Faroese industry to discuss the issue of local participation in connection with the [...] established that our subsoil holds hydrocarbon accumulations in significant volumes and that poses a new challenge for the authorities, the oil companies and the local industry. The large quantities of data which