extensive emphasis has been made on reducing discharge of materials into the environment. West Navion belongs to the new generation of drilling units developed in 1996/97 with focus on a broader range of use, increased [...] satellites, gauges on the seabed and riser enable the drillship to maintain the same position during drilling operations without the use of anchors. Dynamic positioning is especially favourable on fields with [...] West Navion/ Drilling Smedvig Approximately 200 kilometres south of Torshavn, on the Svinøy prospect, West Navion, completed the second exploration well at the Faroes earlier this fall. The oil company

undoubtedly have a major effect on the Faroese economy and society. In this context, it was interesting, at the recent NORA conference in Torshavn, to compare the effects on Norway and Newfoundland. In Norway [...] terms even smaller. Accordingly, a relatively small scale of activity has had a large relative effect on Newfoundland. In the Faroes, with less than one-tenth of the population of Newfoundland (about 47,000 [...] broadening of horizons is very valuable, since it makes these companies and their employees less reliant on the success of the petroleum industry in Newfoundland waters, it still leaves them vulnerable to global

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 [...] 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 of an exploratory well on the island of Suderø [...] Amerada Hess. Later on, British Gas and Atlantic Petroleum joined the group, which opened an office in Thorshavn in 1998. Traineeships at DONG Jan Terje Edvardsen says, »To operate optimally on Faroese territory

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 [...] 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 of an exploratory well on the island of Suderø [...] Amerada Hess. Later on, British Gas and Atlantic Petroleum joined the group, which opened an office in Thorshavn in 1998. Traineeships at DONG Jan Terje Edvardsen says, »To operate optimally on Faroese territory

West Navion. Drilling of well 6004/12-1 started on July 23, some 27km to the northwest of the UK sector Suilven discovery, and was eventually completed on September 19. The well was taken to a total depth [...] speculation for several days that the big semi-submersible Sovereign Explorer was on to something good. The bets were on gas with condensate or gas with oil. In the event, Minister Elttur announced the [...] That report and a draft Bill on preliminary seismic surveys, etc, were ready in June 1993. The Government put the report and bill before the Logting and, that same year, on December 1, the decision was

oil exploration in areas such as the Faroes. This is because modern exploration is heavily reliant on seismic information, which in turn is obtained by measuring echoes from artificial sound sources generated [...] liquid. Veritas is also a pioneer in using ultra-long streamers to help provide additional information on deep geology, and the streamer towed in the experiment was 12 km long - twice the length normally used

it was he who was called to douse the flames on what was left of Occidental?s Piper Alpha platform. It was a tragedy which was to have a world wide impact on safety. Even before Lord Cullen issued his [...] recommendations in 1990 the industry had spent £1 billion on safety improvements. It has been estimated a further £4 billion has been spent on safety improvements since then. UK offshore safety standards [...] handed to the Health and Safety Executive. In tandem the onus was placed on operators to develop individual safety systems based on installation safety cases rather than follow prescriptive rules. The industry

symbol of the impact oil has had on the Orkney Islands. A huge orange flame has blazed above the Flotta Oil terminal for almost a quarter of a century now. It can be seen on clear nights from the Scottish [...] oil terminal on Flotta. While the giant plant was being built, Dr Hammer decided he wanted to give Orkney a gift - and what better than a piano. Today, as the islands prepare to look back on 25 years of [...] December 1976. Today it is difficult to envisage the excitement of residents - particularly those living on the tiny island of Flotta - when news broke that Orkney was to benefit from a massive oil boom. To

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

under taxation on crew?s wages earned on board vessels registered under FAS. B2. Wages earned on board vessels registered under FAS Please refer to the previous comments on wages earned on vessels registered [...] Taxation on crew?s wages The changes that came into force 1 January 1998 resulted in five different taxation options on crew?s wages as differentiation has to be made between 1) wages earned on board fishing [...] (DIS), respectively. B1. Catch-wages. Similar to taxation on crew?s-wages on vessels registered under FAS, as explained above, catch-wages on fishing vessels are reduced by 15% before tax assessment takes