US oil company team visit Falklands to assess industry’s infrastructure support
US based Noble Energy and farm-in partners with Falkland Islands Oil and Gas (FOGL) visited the Falklands to meet with their partners and the Falklands government and to assess in-situ the oil related infrastructure.
Texas based Noble Energy Regional Vice President International Division Charles J’Chip Rimer said he was struck by the Falklands’ “generosity, openness and transparency”.
Together with a team of advisors Chip Rimer flew in to the Falklands from Houston by private jet.
At a reception hosted by Governor Nigel Haywood the visiting businessman told invited guests: “Noble has been in different areas all over the world but one thing that jumps out at me here, I feel a generosity and openness and transparency.”
Chip Rimer added that Noble Energy emphasised “communications,” in its relationships and commented “we may not always agree, we may not always understand but if we can communicate we can find avenues to go forward to our future.”
In August when FOGL sealed the deal with Noble Energy, FOGL Chief Executive Tim Bushell, who was also in the Falkland Islands to hold talks with his associates said: “We are delighted that Noble is joining us in our exciting exploration program”.
“Noble brings strong technical expertise and an excellent track record of exploration and development success.”
FOGL also have a farm-out agreement with French/Italian exploration and production company Edison; set up in June 2012.
From Houston, Susan Cunningham, senior Vice President for exploration, said that drilling in the Falkland Islands began on an exploration well in the region late last month, the first that Noble has participated in that area.
“If that well results in an oil discovery, the first production could come by 2018 or early 2019”, said Ms Cunningham.
Under the farm out agreement with FOGL, Noble has a 35% operating interest in most of FOGL licenses and agreed to spend 180 million to 230 million dollars on exploration over the next three years.
“We believe that the Falkland Islands is an area where above-ground risk is very manageable” said Ms Cunningham adding that “the regulatory environment is sophisticated and stable, and the financial terms are attractive. (PN/MP).-
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Robert Perkins in London
By News Desk | October 22, 2012 05:19 AM
blogs.platts.com/2012/10/22/falklands_isles/
Professional trolls, Señor Caminos, stick out a mile away when they post the approved 'Casa Rosada History of The Falklands' as a comment...
Hint - for impact, don't post long rambling drivel, it comes across as mealy-mouthed grumbling.
Obviously with the crazy tactics of the CFK administration, foreign firms, especially in Europe, worry that investment will be stolen, such as the YPF/Repsol case
I guess marcos is still enjoying his hobby of pissing in the wind - CFK must be glad the libertard is in Ghana, as i bet shes sick of cleaning all the Argentina urine of the sails lol - Poor old marcus really must love it when the wind changes direction mid pee, and blows it back in his face lol
Good link.....................
The article mentions Malvinas, oil, generous people and Texan Oil Magnates..... Makes me remember this classic video from Wales, England...:
(Listen carefull to the girl at 0:08 and 0:20)
www.youtube.com/watch?v=57WpwHE-d-Y&feature=fvwrel
Marcos and Think
Your jealousy is quite amusing. The Falklands is going from strength to strength with many oil companies around the world willing and eager to invest.
Poor Argentina. Because of the unfriendly policies of your government, and the fact that they have a habit of stealing things that don't belong to you and not paying off your debts (also stealing), no oil companies seem interested in investing in Argentina.
No wonder you're both angry. Never mind. The Falklands will go from strength to strength. Who knows, one day they might invest in Argentina. LOL
Analyze a situation:
Why is it that we, who have the third largest reserves of shale g & o in the world, cannot find anyone in Russia, China, USA, EU, or UK to invest in exploring and exploiting it and the Falklands with a probably moderate oil field, in rather dangerous deep water, seem to have no difficulty in finding investors???
Could it be something to do with “generosity, openness and transparency” as opposed to ”grasping, lying and corruption?????
Let's have a look at Vaca Muerta / Sea Lion again in 2013
Let's have a look at Vaca Viva/ Sea Lion again in 2014
Let's have a look at Vaca Viva/ Sea Lion again in 2015
Let's have a look at Vaca Rica/ Dead Lion again in 2016
Let's have a look at Vaca Rica/ Forgotten Lion again in 2017
Let's have a look at Vaca Billonaria/ What Was it's Name? again in 2018
And so on
And on
And on............
Absent in Argentina.
You wasted your time in Argentina Repsol, try somewhere like the Falklands where what you see is what you get.
@6 No, it isn't. It's a crap link. And it doesn't mention “malvinas”. It refers to the Falkland Islands, their proper name. You should do the same. It might go some way toward suggesting that you aren't motivated by colonialism, criminality, greed, imperialism, poor education.........
@9 What's the matter? Getting afraid for your crystal balls? Being such a warm, generous, open, democratic “people”, shouldn't you be wishing the Falkland Islanders good luck. To do otherwise would be pretty mean-spirited.
Well, who would have thought that hard-headed oil executives would rather invest in the Falklands (there are STILL no Malvinas) than in some backwater on the southern cone?
Probably most people in the First World!
Where is Mr. Bloggs....?
Has he sold his beach front property to the texans.....?
Or are those cunning Yanks waiting for the“ last throw of the dice” result...?
Oct 23rd, 2012 - 01:39 pm
Why don't you make an analysis, Think???????
What you've done is write down a whole lot of wishful thinking!!!!
The envy the envy.
Argies brains are empty.
Jealousy jealousy,
So full of jealousy.
All together now,
Ahahah .
.
I realise now that there are a few words there that might give the Argentine posters a few problems and cause confusion. the post at 8 ( Simon68 ) said it all.
What a joy it must be for them to deal with people in such a way rather than to have to listen to all the lies, excuses and cover ups from TMBOA / Ol' Turkey Neck / KFC and her government.
www.ushuaianoticias.com/noticias/leer/10978-del-corro-no-me-parece-tener-que-manosear-la-causa-de-malvinas-para-tratar-la-ley-648.html
Eduardo Barrientos considered inappropriate question about the sovereignty of the Falkland Islands “Argentines clearly understand that there are Argentine-born islanders and Fuegians”.
www.actualidadtdf.com.ar/index.php?option=com_k2&view=item&id=6277:barrientos-solicit%C3%B3-a-sciurano-%E2%80%9Cretirar-del-plebiscito-esta-pregunta%E2%80%9D&Itemid=88
6 Think Good video(Mr Malvinas ) but I like your analysis from Vaca Muerta to billionaria :-)
Where is Mr Beef? I wonder if his dissapareance is related to Urinehopper doing better everyday 159.25 -5.25 (-3.19%)
In the last 6 months the Islands have attracted 3 oil companies (one UK,one Fr/Italian,one USA)who have and are now investing cash in the offshore exploration and forthcoming extraction.
Yet Argentina has not managed to attract Any firm deals and investment?
Why is this?
Oh and Think - I will remind you about your annual comparison each year as we go by:
For info
2013 - SeaLion exploitation construction of equipment and planning in Scotland. Infrastructure investment in Falklands by Falklands Govt and private sector to be ready for start of SealLion Dev phase - and probable additional exploration by RKH in 2nd half 2014.
2014 - first half as above
secondhalf - arrival of rigs and start of development phase and perhaps additional exploration
2015 - as second half of 2014
2016 - as above
2017 - as above but with production likley to start later in the year.
2018 - production flowing - royalties flowing into Falkland Islands Govt.
Meanwhile- 2014 onwards there will be additional exploration drilling in the southern area following the positive results to date- subject deepsea rig availability of course.
shut up!
“@ 22 Isolde
shut up!”
Sussie, not helpful.
Do you remember your other posts?
”But now my arse get screwed all day by many men and some don’t pay just
Bang, bang, bang, pppuuurrrrfffffffffffffffffffffffffffffffffffffffffffffff!
Drip, drip, my poor rossy arse.”
How is your Papi?? Remember him??
I am ready,,,,,use it now Conor Louden-Brown,,,
is ready...go now....you see how easy is....
a bang and prrrrrrrrrrrrrrrrrrrrrrr!
feeling better?
Now, go to sleep Troy tender testicles!
”Where is Mr Beef? I wonder if his dissapareance is related to Urinehopper doing better everyday 159.25 -5.25 (-3.19%)”
When is the court action Argentina promised against the oil prospectors around the Falkland Islands going to happen?
Anytime in the next 200 years?
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