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Chevron given green light for exploratory drilling off Shetland Islands

Friday, October 1st 2010 - 18:18 UTC
Full article 31 comments

Oil firm Chevron has received government consent to drill an exploration well to evaluate a controversial prospect off Shetland. The deep-water Lagavulin prospect is 160 miles north of the islands. Read full article

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  • Marcos Alejandro

    “We welcome this decision and are grateful to the UK government for the confidence they are placing in us and our ability to drill deep water wells safely and without environmental harm.”

    Yes Like British Petroleum in USA! Thieves like the Brits. They are banned in USA to deep drilling and of course is ok down here.

    Oct 01st, 2010 - 07:02 pm - Link - Report abuse 0
  • CheGuevara

    Guess who's not buying Chevron anymore

    Oct 01st, 2010 - 09:19 pm - Link - Report abuse 0
  • Hoytred

    Yes ... it is OK down there ...... :-)

    Oct 02nd, 2010 - 02:11 am - Link - Report abuse 0
  • Marcos Alejandro

    Down there in your a.. :-)

    Oct 02nd, 2010 - 04:23 am - Link - Report abuse 0
  • Cadfael

    Marcos, you're WAY behind the times, BP hasnt been British for YEARS!!!
    You may regard us as thieves, fine, what are you going to do about it?
    Just the usual petulant whinge?
    I'm looking to see my shares jump a minimum of 25% by 10.00 am.
    Oh, in case you hadnt noticed, that's our Shetlands!!

    Oct 02nd, 2010 - 07:24 am - Link - Report abuse 0
  • Marcos Alejandro

    Cadfael ,Why?, are you going back to RAF? You are not in vacation in Gibraltar anymore, In South America you are not in charge .

    http://www.salon.com/news/feature/2010/06/14/british_offended_bp_obama

    Oct 02nd, 2010 - 03:08 pm - Link - Report abuse 0
  • Cadfael

    Why what?
    Never been on holiday in Gib, was there as a child.
    Shetlands, north of Scotland, towards Faeroe Islands ... really nice people there.
    I dont give a monkey's for south america, got no money invested there.
    Kazakhstan, Mongolia, Africa, the North Sea, Mexico ...you got nothing I want or need.

    Oct 02nd, 2010 - 03:57 pm - Link - Report abuse 0
  • Marcos Alejandro

    Will be nice if Uruguayan MercoPress specified which Shetlands. Good, stay in the Northen Hemisphere where you belong.

    Oct 02nd, 2010 - 05:01 pm - Link - Report abuse 0
  • Hoytred

    We belong ... everywhere :-)

    Oct 03rd, 2010 - 01:21 am - Link - Report abuse 0
  • Cadfael

    Own up marcos, you didnt know there were the original to the north of Scotland ...ignoramus!

    Wherever there is engineering you'll find a Scot, anywhere in the world!
    UBIQUE!

    Oct 03rd, 2010 - 09:03 am - Link - Report abuse 0
  • Think

    Wooooow…
    LONDON, Oct 3 (Reuters) - Falkland Islands oil explorer Rockhopper Exploration is planning a $150-$200 million rights issue to fund more wells in the waters off the South Atlantic islands, the Sunday Times reported.
    http://www.cnbc.com/id/39483854

    Nice.....But…… What the ”heck” is a ”Right Issue? Lets Google.......

    “Companies usually opt for a rights issue either when having problems raising capital through traditional means or to avoid interest charges on loans.”
    http://www.cnbc.com/id/39483854

    Ahhhhhhhh………

    ”A rights issue is a way in which a company can raise money by selling new shares. These shares are offered to existing shareholders at a much cheaper price than the current market price.
    “Wa hey!” says you, “I thought there was no such thing as a free lunch; this looks pretty close to me.”
    ‘fraid not pal. I’ll save the full maths lesson for another day, but trust me on this. Freebies from the City are usually limited to pens, mouse mats and stress balls. Although you get these shares ‘on the cheap’ those nasty guys in the City will adjust (mark down) the price of your existing shares to take account of all this, a sort of robbing you to pay you.”
    http://www.cnbc.com/id/39483854

    Ohhhhhhh………..

    Uhhhhhhhhh……..

    Oct 03rd, 2010 - 12:23 pm - Link - Report abuse 0
  • stick up your junta

    This is a case of a lost girlfriend,” said Federico Mac Dougall, an economist and political analyst at the University of Belgrano in Buenos Aires, referring to the Falklands. “Argentina lost its girlfriend, and now she is going out with somebody else, and together they may very well strike it rich with oil.” :-)

    Oct 03rd, 2010 - 03:38 pm - Link - Report abuse 0
  • Marcos Alejandro

    10 Cadfael , I knew about it, but since MercoGarbage based in the Southern Hemisphere did not specified, and broke pirates from UK always try to steal land down here, that was my first thought. Scots?Who are they? ahhhh yes those men wearing skirts, ruled by the english. But I have to admit you had a great leader, G.B., that sold sixty percent of UK gold for rock botton prices.

    Oct 03rd, 2010 - 03:52 pm - Link - Report abuse 0
  • stick up your junta

    Talking of rock hows the Paco business going
    http://www.argentinaindependent.com/feature/paco-drug-epidemic-sweeping-the-streets-of-argentina-/

    Oct 03rd, 2010 - 04:01 pm - Link - Report abuse 0
  • Marcos Alejandro

    Are you sure stickie you want to talk about that? How's the UK's heroin bussiness in Afghanistan doing?

    http://news.bbc.co.uk/2/hi/uk_news/4229470.stm

    http://news.bbc.co.uk/2/hi/uk_news/4229470.stm

    Oct 03rd, 2010 - 04:41 pm - Link - Report abuse 0
  • stick up your junta

    From the Guardian

    http://www.guardian.co.uk/world/video/2010/feb/21/paco-abuse-argentina

    Oct 03rd, 2010 - 05:30 pm - Link - Report abuse 0
  • Frank

    #8 Marco..... there are the Shetlands and there are the South Shetlands... there are no North Shetlands... just as there are no Malvinas.
    Re 'Mercopress.South Atlantic News Agency' I suppose it is difficult for many of your lot to cope with the concept of a free press that can print whatever it chooses.
    You don't like it? then don't read it... in fact why don't you just Foxtrot Oscar?

    Oct 03rd, 2010 - 07:22 pm - Link - Report abuse 0
  • Marcos Alejandro

    Hey Frankie can you locate your own country in a map or you need help from this intelectual from South Carolina?

    http://blogs.news.com.au/news/splat/index.php/news/comments/why_cant_20_of_americans_find_america_on_a_map/

    ROFLMAO!

    Oct 03rd, 2010 - 07:43 pm - Link - Report abuse 0
  • Frank

    Pay attention Marco...... not a North American... in fact share the name and the birthplace of one of the heroes of your revolution... if he knew how things were going to turn out 200 years down the track I reckon he wouldn't have bothered...

    Oct 03rd, 2010 - 08:10 pm - Link - Report abuse 0
  • Typhoon

    Anyway, it doesn't matter which Shetlands. They are both British.

    Oct 05th, 2010 - 02:38 pm - Link - Report abuse 0
  • Rhaurie-Craughwell

    Yes Marcos White man, Spanish Speaking and user of the Anglo-Saxon Consumerist Capitalist society model, get back to where you belong, the Northern Hemisphere Iberian peninsula and Europe!

    We don't belong in the Southern Hemisphere,? why are we not allowed, there are 600 million people of European origin living in the Southern Hemisphere?

    Oct 05th, 2010 - 05:34 pm - Link - Report abuse 0
  • Dassault Super Étendard

    20 Typhoon
    “Anyway, it doesn't matter which Shetlands. They are both British”

    South Shetland Islands: Read the Antartic Treaty http://en.wikipedia.org/wiki/Antarctic_Treaty_System

    Look we have two bases there: Jubany, Base Decepción :-)
    http://en.wikipedia.org/wiki/Antarctic_Treaty_System

    21 Rhaurie-Craughwell
    “get back to where you belong, the Northern Hemisphere Iberian peninsula and Europe!”

    And you get back to Italy, Germany, Denmark, Finland, Norway and Sweden. :-)

    Oct 05th, 2010 - 11:33 pm - Link - Report abuse 0
  • Typhoon

    DSE. You are dopey, aren't you? Under the Antarctic Treaty, sovereignty claims are not recognized, disputed or established. In other words, they are not part of the treaty system. Britain's sovereignty pre-dates Argentina's illegal claims by decades.

    Oct 06th, 2010 - 09:40 am - Link - Report abuse 0
  • Hoytred

    Dassault Super Étendard - you have a lot to learn! The current Treaty stops any more claims ... it does not judhe those that already exist. That land belongs to the UK .... as you'll find out if you ever try to deal with it as your own!

    Oct 06th, 2010 - 11:48 am - Link - Report abuse 0
  • Dassault Super Étendard

    23 Typhoon
    What?! No, Now i have no doubt, yes you are a truly idiot. I had a little hope of being wrong, but no, you are a completly inept.

    When you said in your comment 20 that both islands were british (but the main case are the South Shetland Islands), and then you have said in your comment 23 that Under the Antarctic Treaty, sovereignty claims are not recognized, disputed or established.
    How do you explain your own contradiction?

    “In other words, they are not part of the treaty system.”
    The South Shetland Islands are administered under the Antartic Treaty.

    “Britain's sovereignty pre-dates Argentina's illegal claims by decades.” Argentina's illegal claims by decades????
    In 1818 Juan Pedro de Aguirre obtained permission from the Buenos Aires authorities to install an establishment for sealing on “some of the uninhabited islands near the South Pole”, that he called Decepción. Then in 1819 the Englishman William Smith sighted and renamed this islands under its current name.

    24 Hoytred
    Another guy who has been cloudy by the tipical British mist.
    Like you say,“ the current Treaty stops any more claims”, let me clear you up something: When Argentina signed the treaty in 1959, expressed her claim like the rest of original signatories.
    My country hasn't made since the signing of the treaty more claims than those made.

    “That land belongs to the UK” Please take your time to read the Antartic Treaty fully. Under the Antarctic Treaty, sovereignty claims are not recognized, disputed or established.

    Article 4 – the treaty does not recognize, dispute, nor establish territorial sovereignty claims; no new claims shall be asserted while the treaty is in force.

    Is in the article that i have quoted. What? you couldn't read it that far?. http://en.wikipedia.org/wiki/Antarctic_Treaty_System

    I think that both of you have a lot to learn.

    Oct 06th, 2010 - 06:26 pm - Link - Report abuse 0
  • Typhoon

    Let's see whether you can understand a simple sentence. It's obvious that commas confuse you.

    the treaty does not dispute territorial sovereignty claims.

    Pity you know so little about the English language.

    Oct 06th, 2010 - 08:04 pm - Link - Report abuse 0
  • Dassault Super Étendard

    And it's obvious that the historical facts and british arrogance confuse you.

    When Argentina signed the treaty in 1959, expressed her claim like the rest of original signatories (including UK).
    My country hasn't made since the signing of the treaty more claims than those made.

    The Antarctic territories, including the South Shetland Islands, are administered under the Antarctic Treaty. The islands have been claimed by the United Kingdom since 1908 and have been part of the British Antarctic Territory since 1962. They are also claimed by the governments of Chile (since 1940, as part of the Antártica Chilena Province) and by Argentina (since 1943, as part of Argentine Antarctica, Tierra del Fuego Province).

    Pity you can't have a more reasonable thinking. :-(

    Oct 06th, 2010 - 08:40 pm - Link - Report abuse 0
  • Typhoon

    I see you get the facts right. You just don't draw the correct conclusions. So they've been British since 1908. Claimed by Chile and Argentina over 30 years later. Part of the BAT for the last 48 years.

    Pity you can't try thinking!

    Oct 07th, 2010 - 09:19 am - Link - Report abuse 0
  • Dassault Super Étendard

    In 1818 Juan Pedro de Aguirre obtained permission from the Buenos Aires authorities to install an establishment for sealing on “some of the uninhabited islands near the South Pole”, that he called Decepción. Then in 1819 the Englishman William Smith sighted and renamed this islands under its current name.

    “Part of the BAT for the last 48 years”

    Part of Argentine Antarctica, Tierra del Fuego Province, for the last 67 years.

    Pity you can't have a more reasonable thinking. :-(

    Oct 07th, 2010 - 10:22 pm - Link - Report abuse 0
  • Typhoon

    “Part of Argentine Antarctica, Tierra del Fuego Province, for the last 67 years.”

    Except that the claim was and is illegal. It's only the Antarctic Treaty System that allows Argentina etc to have bases. If the Treaty System breaks down, Britain will do what Britain has done before. Kick Argentina's sorry little asses back into the ocean.

    Oct 08th, 2010 - 09:09 am - Link - Report abuse 0
  • Zethee

    Quite true, if it was not for the treaty it would be much like the Falklands.

    Oct 08th, 2010 - 03:48 pm - Link - Report abuse 0

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