May is set to be the Brazil month in the United Kingdom. During two weeks (10-19), the Brazilian Government, through its Ministry of Foreign Affairs and its Embassy in London, and the British Government, through its network in Brazil of Consulates and the Embassy, will bring to London and other UK cities a program full of cultural activities, business meetings and institutional encounters.
“Good progress has been made in the discussions between the Government of Uruguay and UPM concerning the infrastructure development and other local prerequisites for long-term industrial growth in Uruguay. We are now in agreement regarding the majority of the key items on the negotiation agenda,” says Jaakko Sarantola, Senior Vice President, UPM, Uruguay Platform.
Norway's Spectrum has started a 35,000 km multi-client 2D seismic survey covering 435,000 km2 in the deep waters of Argentina in cooperation with YPF. The survey will provide industry with the first ever detailed seismic grid over this under-explored frontier area of Argentina, allowing for basin-wide studies of the area as well as prospect/lead level interpretation studies for upcoming license rounds.
The Federal Reserve announced on Wednesday that it held its benchmark interest rate after a two-day policy meeting, as had widely been expected. And it added that the recent showdown in US growth is likely temporary.
Brazil's oil and gas company Petrobras shared innovations and efficiency gains related to the Libra field at the Offshore Technology Conference (OTC) in Houston. Petrobras revealed collaboration between Libra area partners has produced a US$13/bbl reduction to the project's breakeven price.
British Overseas Territory of St Helena, an island in the middle of the south Atlantic, celebrated on Wednesday 3 May 2017, when a charter plane carrying 60 passengers landed at St Helena Airport at 1.55pm, helping to reestablish links with South Africa. Another good piece of news was that RMS St Helena, the regular connection with St Helena is scheduled to depart Cape Town on Friday.
Conservative Party donor David Rowland has thrown in the towel in the Falkland Islands after losing a battle to take control of its key industries. The Rowland´s family investment vehicle, Staunton Holdings Limited has got rid of all its shares in the Falkland Islands Holdings (FIH) after shareholders rejected a takeover, reports the London financial media.
Argentine president Mauricio Macri and Alibaba Executive Chairman Jack Ma signed a Memorandum of Understanding (MOU) on Tuesday in Buenos Aires as a way to open up new trade opportunities and to support merchants that are marketing products on Alibaba's e-commerce platforms.
Congressional negotiators have reached an agreement on a spending bill to keep the Unites States government running until 30 September, media report. The bipartisan deal boosts military spending but does not include funding for President Donald Trump's proposed wall on the Mexico border, they say.
British Overseas Territory St Helena Airport was granted an ‘open ended’ Aerodrome Certificate on Monday, on 3 April 2017, following the visit by experts from the Air Safety Support International.