Coat of arms of the Canary Islands Coat of arms of the Canary Islands The coat of arms of the Canary Islands is the central device of the flag of the Canary Islands. It reads "Oceano". The designs were made official by the Statute of Autonomy of the Canarian Autonomous Community (Organic Law 10/82) on 10 August 1982. The coat of arms displays on top the Spanish royal crown. The seven gray islands represent the Canary Islands of volcanic origin in the Atlantic Ocean. The supporters are dogs from which the islands may derive their name, possibly from the Latin term "Insula Canaria", meaning Island of the
Canary Islands gas prospects off the Canary Islands, involving an investment of €7.5 billion over four years, to commence at the end of 2016. Repsol at the time said the area could ultimately produce 100,000 barrels of oil a day, which would meet 10 percent of Spain's energy needs. However, the analysis of samples obtained did not show the necessary volume nor quality to consider future extraction, and the project was scrapped. The Canary Islands have great natural attractions, climate and beaches make the islands a major tourist destination, being visited each year by about 12 million people (11,986,059 in 2007, noting