Tag: Falkland Islands

• Thursday, November 1st 2012 - 00:10 UTC

  Hedge funds quietly investing in Falklands’ oil exploration companies

  

  Hedge funds have been quietly building up stakes in the oil explorers operating off the Falkland Islands betting that companies will ignore the threats made by Argentina to disrupt the activity, according to a Reuters’ piece published this week.

• Wednesday, October 31st 2012 - 23:13 UTC

  Falklands’ Desire Petroleum plans for the next three years

  

  Planning ahead for the next three years Falkland Islands Desire Petroleum announced on Wednesday changes to its Production Licences following approval received from Executive Council.

• Wednesday, October 31st 2012 - 23:01 UTC

  Falklands’ proposed referendum question enters public consultation period

  

  The Falkland Islands government has opened a public consultation on the proposed referendum question on the Falklands Political Status to be held in early 2013. The proposed question was arrived at and agreed by all members of the Legislative Assembly having received expert advice on the issue.

• Wednesday, October 31st 2012 - 22:41 UTC

  Falklands’ flag flies at Parliament Square to mark a British state occasion

  

  For the first time, the 16 flags of the British Overseas Territories including the Falkland Islands are being flown in Parliament Square, alongside the flags of the Crown Dependencies, to mark a state occasion, reports an official release from the Foreign Office.

• Tuesday, October 30th 2012 - 14:15 UTC

  HMS Dauntless in Portsmouth after South Atlantic deployment; HMS Edinburgh on her way

  

  After a six-month deployment to the South Atlantic, including a patrol and exercises in the Falkland Islands, the Royal Navy destroyer HMS Dauntless has returned to her home port in Portsmouth, southern England.

• Friday, October 26th 2012 - 20:25 UTC

  Falklands estimates oil earnings at 25% of gross value of the resource extracted

  

  The Falkland Islands Government (FIG) is likely to earn somewhere in the region of 25 to 30% of the gross value of the oil resource spread over an expected field life of 25 years, it was stated at a public meeting in the capital Stanley earlier this week.

• Friday, October 26th 2012 - 07:24 UTC

  Falklands’ 2013 referendum: determined to be masters of their future

  

  A group of Central American journalists recently visited the Falkland Islands for a week as guests of the Foreign Office together with Bruce Callow from the UK Costa Rica embassy. During Mr Callow wrote in his blog about the experience regarding important issues for the Falklands such as the referendum next March on the future of the Islands.

• Friday, October 26th 2012 - 07:11 UTC

  Believe it or not: Falklands, a nation with a comfortable budget surplus

  

  The Falkland Islands Government accounts showed a surplus of £4.297 million compared to a revised budget surplus of £2.448 million (a positive performance of £3.190 million) for the first three months of the 2012/13 financial year, according to the Financial Management Report presented this week to the Standing Finance Committee.

• Friday, October 26th 2012 - 07:06 UTC

  Falklands to build a new deep-water port to cater for the oil and gas industry

  

  The Falkland Islands will have a new deep-water port facility capable of meeting the demands of all incumbent industries it was announced following this week's meeting of Executive Council (ExCo).

• Thursday, October 25th 2012 - 18:18 UTC

  Falklands Oil & Gas complete farm-out deal with US Noble Energy; drilling delay

  

  Falkland Oil and Gas Ltd., (FOGL), announced completion of the farm-out agreement with Noble Energy Falklands Limited, an affiliate of Houston based Noble Energy, Inc. and the signing of agreements with Petroleum Geo-Services (PGS) for the acquisition and processing of two new 3D seismic surveys.