Falkland Oil and Gas, FOGL, announced on Tuesday that last 25 September it spudded the Scotia exploration well to the East of the Falkland Islands. The well FI 31/12-01 is located 315 km east-northeast of the Islands capital Stanley, and 114 km from the Loligo prospect.
The Royal Navy’s destroyer HMS Edinburgh left on Monday Portsmouth on her final planned deployment. It marks a historic milestone for both the ship and the Royal Navy as it will be the last time a Type 42 destroyer deploys on operations as they make way for the new-generation Type 45 destroyers.
The wait is finally over for the Falklands’ badminton team as they find out their opponents in the 27th Brazil Badminton International Cup, which will be played in Sao Paulo, Brazil, from 27th to 30th September 2012.
Over the years there has been talk of implementing a minimum wage in the Falkland Islands, a significant amount of work has been undertaken on the issue and a minimum wage should be in place by early 2013.
Political pressure on organisers of the Seatrade South America convention held in Buenos Aires, Argentina, last week meant the Falkland Islands was ignored during discussions as a tourist destination in the region.
A team of four are currently emerged in a training camp preparing for competition in Sao Paulo next week.
Falkland Islands explorer Desire Petroleum said its half-year to end-June period losses decreased from 39.3 million dollars in the previous period to just 2m, due to a fall in exploration and evaluation expenses. It also announced that it was looking for a farm-in partner for the North Falkland basin, where the company is focused.
The future need of the Falklands Islands labour market is the driving force behind a decision to review the Falklands immigration system, confirmed Head of Policy Jamie Fotheringham this week in a report published by Penguin News.
The Falkland Islands don’t expect Argentina to accept the results of the coming referendum, but will show the rest of the world, particularly South and Central America that the Islands are a democracy and have the right to self determination, said Falklands’ lawmakers in an interview with the Mexican newspaper Excelsior.
Falkland Oil and Gas Ltd announced Monday that the well drilled to the East of the Falkland Islands to a depth of over 4.000 meters is a gas discovery. The statement comes after a rough week for FOGL when its shares plummeted following poor and unfounded press coverage.