resources of the islands and are regularly caught up in a mess of conflicting interests, ? retail prices and prices for services are considerably higher than what they are on the Scottish mainland, ? Shetland [...] ns are mounting to what extent the islands? massive oil terminal at Sullom Voe will be able to handle oil extracted from Faroese wells. A simple look at a map of the North East Atlantic reveals how close [...] construction of a similar oil terminal in Faroe. »If the Faroes discoveries are not big enough for a terminal in Faroe, then we are hopeful, that it should be viable to connect into Sullom Voe Oil Terminal

economic development projects. »The work has almost been done,« he said. »There are now so many businesses in Orkney that are growing and doing well. They provide us with the basis for future prosperity [...] t of Flotta inspired Bill Forsyth when he was writing and directing Local Hero,« he said. »There are so many parallels between what happens in the film and what actually occurred on Flotta and the sense [...] of lessons from the Shetland experience,« he said. »It meant that we got many of the benefits of oil developments without many of the less acceptable aspects.« »One of the big advantages here was the creation

anniversary predictions are that it could last another quarter of a century. Every day existing technologies and methods are being challenged and new ones developed. Compa-nies are drilling deeper, further [...] industry in Aberdeen and Shetland are appearing in the Faroes. At times when the ?vacancies? signs might be expected to be on display Faroese hotels are full of oilmen carried there on the increasingly frequent [...] own and highly regarded Atlantic Airways. The oil companies are also beginning to focus on the prime office accommodation. There will be many challenges to the Faroese in the near future. Will the tourist

because they will significantly influence where the next tranche of wells are drilled. With three ticked off so far, there are another five commitment wells to drill under the four six-year licences awarded [...] almost non-existent. There are not even references to the period in the 1993 Report of the Faroese Hydrocarbon Planning Commission to the Faroese Government. However, Arni Olafsson, for many years special adviser [...] guarantee the islands a place among the world?s oil and gas nations. Quite how this will be achieved is a question that will occupy many minds this winter as oil company geologists and others closely analyse