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Montevideo, August 15th 2018 - 01:18 UTC

Tag: Falklands Oil

  • Thursday, April 5th 2018 - 09:29 UTC

    Falklands included in Italy's Edison divesting of its oil and gas unit

    Edison said in 2017 it would stop investing in the upstream business and focus on oil and gas distribution, and create a new company to manage upstream business.

    Italian energy group Edison, part of French utility EDF, is preparing the sale of its oil and gas unit, the latest power producer to abandon fossil fuels to focus on its retail business, four industry sources said, and quoted by Reuters. Its oil and gas unit includes interests in the Falkland Islands.

  • Saturday, February 24th 2018 - 09:38 UTC

    Falklands issues public consultation for the oil industry

    FIG and MLA Roger Spink feel this is the right time to consult with Industry on oil taxation given the potential development opportunities in North Falklands Basin

    The Falkland Islands Government, FIG, has issued a public consultation document covering the taxation regime for oil companies operating in the Falkland Islands and their associated supply chain partners. This consultation will be open until Friday 6 April 2018 for responses from interested parties, which will be summarized and fed into final policy and legislative design later during 2018.

  • Wednesday, January 31st 2018 - 19:51 UTC

    Falklands holds consultation on Premier Oil environmental impact statement

    The offshore Sea Lion oilfield, located in the North Falklands Basin approximately 120 miles to the north of the Falkland Islands.

    An Environmental Impact Statement (EIS) has been submitted to the Falkland Islands Government by Premier Oil Exploration and Production Limited. The EIS covers the proposed development activity for Phase 1 of the offshore Sea Lion oilfield, located in the North Falklands Basin approximately 120 miles to the north of the Falkland Islands.