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Watch an audio slideshow of how traditional Icelandic rhubarb stew is made. Rhubarb is one of the few vegetables that grows effortlessly in Iceland and for that reason it used to be a highly-valued addition to the traditional diet of fish and lamb.
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The National Energy Authority of Iceland (NEA, known as Orkustofnun in Icelandic) issued the first licenses for the exploration and production of hydrocarbons in the Dragon Zone this morning.
Photo: Páll Stefánsson/Iceland Review.
As reported in December, the Icelandic branch of Faroe Petroleum Norge AS and Íslenskt Kolvetni ehf., along with Valiant Petroleum ehf. and Norwegian state-owned Petoro, were granted licenses. The Norwegian government has since approved the participation of Petoro.
Two licenses were issued, one to Faroe Petroleum Norge AS as an operator with a 67.5 percent share, Íslenskt Kolvetni ehf. with a 7.5 percent share and Petoro Iceland with a 25 percent share and the other to Valiant Petroleum ehf. as an operator with a 56.25 percent share, Kolvetni ehf. with a 18.75 percent share and Petoro Iceland AS with a 25 percent share, as stated on NEA’s website.
Norway’s Minister for Petroleum and Energy Ola Borten Moe joined Iceland’s Minister for Industries and Innovation, Steingrímur J. Sigfússon and CEO of NEA Guðni A. Jóhannesson at the signing of the contracts, visir.is reports.
Icelandic President Ólafur Ragnar Grímsson announced last month that a national wealth fund for revenue from potential oil discoveries in the country’s waters is in the works.
Click here and here to read more about the search for oil in Icelandic waters.
ZR
Mountaineer Leifur Örn Svavarsson became the first Icelander to reach the peak of Everest, the world’s highest mountain, by the North Face from Tibet just before sunrise yesterday morning.
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Iceland’s new government formally took power today following a state council meeting at Bessastaðir, the presidential residence.
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One of the last tasks of Steingrímur J. Sigfússon while in office as minister of industries and innovation was to issue a regulation on Monday extending the reserve for whales in Faxaflói bay, off Reykjavík in Southwest Iceland. The regulation took affect at midnight.
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The Identification Committee of the National Commissioner of the Icelandic Police yesterday completed its investigation of human remains found by travelers on the beach Kaldbaksvík in Strandir, the eastern West Fjords, on Saturday.
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The 2013 April-May issue of Iceland Review & Atlantica has been released. Packed with informative and entertaining stories, highlights include an interview with outgoing Prime Minister Jóhanna Sigurðardóttir and the people who know her best, a photo essay of ice caves in Europe’s largest glacier and a colorful feature on life in the West Fjords.
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REVIEWS
The 11th Reykjavík Shorts & Docs. Catch it while it lasts!
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Artist couple Nína Ivanova and Ómar Smári Kristinsson explain why they decided to settle in the West Fjords’ capital.
Reykjavík Queer Choir’s annual spring concert takes place on Friday, May 24.
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