Portugal to Lofoten off Norway ? slow. There are few commercial discoveries to show for the enormous effort made, except in the Norwegian sector where results obtained are the most promising to date. And yet [...] offshore Faroes began last year, doubtless many citizens were hoping for an instant bonanza. Predictably, that boom did not materialise. No matter how much success there is during the pioneering phase, first [...] provide valuable data for the Faroese effort, whether or not it is successful. Naturally, there is no telling how lucky Agip, in partnership with Foroya Kolvetni, will be next year when it spuds the Marimas

all get the same opportunities in life. This is not how the American system works. The fierce American capitalism selects its winners and leaves many behind in ghettos and slums. Small fry slip through [...] few hours. What does he want and what good does a visit by a retired president do us? Of course we are all very excited to hear what a man, who has had the ultimate responsibility for the world’s most important [...] nations, which have assumed responsibility for themselves, Clinton’s visit proves that mentally we are taking giant strides out into the international maelstrom, which spins ever faster. If we handle this

pension fund is located? This is just one of the many questions which must be settled before an agreement is signed. Over these past few years there are many examples of Nordic senior citizens, whose official [...] be divided”, says Mr Laksafoss. It normally takes a long time to reach such agreements, as there are so many aspects to take into consideration: –“As an example let me mentioned pension funds. Which country [...] in that area. Many birds nests to unravel - “Through this dual tax agree­ment you should never be taxed twice. On the other hand an agreement has been reached between the two countries how these tax revenues

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