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Falklands’ oil industry socio-economic impact on track with “no major new concerns”

Friday, October 12th 2012 - 06:47 UTC
Full article 28 comments

A socio-economic impact study on the effects of an oil development project on the Falkland Islands did not reveal any, “major new concerns which had previously escaped attention Director of Mineral Resources Stephen Luxton told Penguin News this week. Read full article

Comments

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  • Doveoverdover

    Presumably, this report was based only on RKH/Premier exploitation and is therefore not the full picture. So, Rockhopper leaps through what we now know to be an unnecessary hoop set it by FIG only for the Consultant to be publicly patronised by Mr Luxton Jr. I trust he bought the lady a drink after the presentation.

    Oct 12th, 2012 - 08:28 am - Link - Report abuse 0
  • WestisBest

    ^ Hope you're enjoying those (sour) grapes Doveoverdover.

    Oct 12th, 2012 - 10:19 am - Link - Report abuse 0
  • Islander1

    Dover - No - RKH funded and did this on their own bat - not asked nor requested to do so by FIG - but as a responsible operator they need to find out themselves. FIG are going to do their own one which will of course be braoder and probably include the possibilites of impact of filed strikes in other areas like the South Basin as well.
    But this first study shows up all the plusses and minuses - all of which were anticipated and being managed or will be. Busy times ahead over next 18 months here for Govt and private sector to get ready and operations etc in place ready for the start up in 2014.

    Oct 12th, 2012 - 11:25 am - Link - Report abuse 0
  • falklandlad

    An excellent piece of work and Operator driven as Islander1 states, and necessary for Rockhopper to understand fundamentals. This will greatly assist Premier going forward. We should remember the Sea Lion discovery was announced in mid 2010 and note that FIG are only now waking up to what it now needs to do. This report in the main only deals with the Sea Lion discovery, but does indicate the potential reach of further discoveries of which there are likely to be several, across the range of falklands controlled geological basins! Well done Rockhopper.

    Oct 12th, 2012 - 11:34 am - Link - Report abuse 0
  • M_of_FI

    Some rough calculations...
    £275,000,000 / 2500 = £110,000 GDP per capita

    That would place the Falklands in either second or first, in direct competition with Monaco, as the highest GDP per capita in the World. No wonder there are so many envious glances, aggressive words and callous insults from Argentina.

    Oct 12th, 2012 - 12:40 pm - Link - Report abuse 0
  • surfer

    Doveoverdover really is one of more bizarre created characters on here.

    Someone tried to parachute him in under the guise of a benevolent retired English gent, just with a wierd obsession with minutae of any faintly positive news. Tries to discredit the entire article. Odd, but he makes lots of little stylistic errors that show the true blue colors.

    Oct 12th, 2012 - 12:59 pm - Link - Report abuse 0
  • Doveoverdover

    @3 and 4. This is worse than I thought. Shareholder value is being eroded by none-essential and duplicated contract work. No wonder the share price has been eroded if this is the standard of decision making. I'm all for stakeholder management and risk registers but I'm even more keen on keeping costs down. Badly done Rockhopper, badly done.

    Oct 12th, 2012 - 01:09 pm - Link - Report abuse 0
  • surfer

    #7 see #6 ;-)

    Oct 12th, 2012 - 01:14 pm - Link - Report abuse 0
  • Doveoverdover

    @8 I'll be having non of it.

    Oct 12th, 2012 - 01:43 pm - Link - Report abuse 0
  • Think

    (9) Doveoverdover

    You foat like a butterfly, you sting like a bee!

    Them Turnips have no chance against a commonsensical, informed, rational and well-founded English gentleman like you!

    Oct 12th, 2012 - 02:52 pm - Link - Report abuse 0
  • surfer

    #10

    5/10 for effort, 0/10 for results, bored with this creation now, come up with another for my entertainment please

    Oct 12th, 2012 - 03:07 pm - Link - Report abuse 0
  • Monty69

    10 Think
    Absolutely.

    ' Blah blah blah, bloody disgrace, FIG making them jump through all those hoops, blah blah, bureaucracy gone mad, blah blah,'

    'They didn't'

    'Oh. Blah blah bloody stupid Rockhopper, absolute disgrace, consulting the stupid Bens when no-one was actually making them do it, blah blah.

    Classic entertainment.

    Oct 12th, 2012 - 03:08 pm - Link - Report abuse 0
  • Think

    Ok... Ok.....
    I confess.....
    I'm surfer.....

    Oct 12th, 2012 - 03:10 pm - Link - Report abuse 0
  • Steve-32-uk

    'The Argentinian ambassador to the U.S. had lunch with students in I-House and discussed the Malvinas islands.'
    http://chicagomaroon.com/2012/10/12/argentinian-diplomat-on-island-dispute/

    'Alicia Castro, today described as insulting to Argentina and for all countries in the region to reject a colonial enclave'
    http://chicagomaroon.com/2012/10/12/argentinian-diplomat-on-island-dispute/

    Oct 12th, 2012 - 03:38 pm - Link - Report abuse 0
  • Doveoverdover

    Blah, blah, shareholders paying twice, blah, blah, Scottish Gentleman if you don't mind, blah blah,blah blah, soixante-neuf, blah blah, blah, not bloody likely, blah blah!

    Oct 12th, 2012 - 05:55 pm - Link - Report abuse 0
  • Think

    (15) Doveoverdover

    Just checking if you were avake......
    Sorry for the Sassenach detail.....

    Oct 12th, 2012 - 06:31 pm - Link - Report abuse 0
  • Doveoverdover

    @11 Your kind apology is gratefully received and accepted.

    Oct 12th, 2012 - 06:50 pm - Link - Report abuse 0
  • Think

    @11?
    Ohhhh yes, of course....
    Mr. Surfer wants to apologise too for having called you a Sassenach at (6)
    Inconsiderate Argie trolls we are ;-)

    Oct 12th, 2012 - 07:46 pm - Link - Report abuse 0
  • Captain Poppy

    #14 Out of the ambassador's mouth:
    ”They are only 348 miles away from Argentina and they are 8,700 miles away from London. 8,700 miles,” he quipped.

    The imbecile is going back to playing the proximity card. I think we need to claim Cuba is ours and rid it of those pesky Castro boys. I mean afterall, it's only 90 miles off Florida's coast.

    Oct 12th, 2012 - 08:59 pm - Link - Report abuse 0
  • racherkore

    Comment removed by the editor.

    Oct 12th, 2012 - 10:08 pm - Link - Report abuse 0
  • Troy Tempest

    @19 Poppy

    I think the Trolls @20 are trying to help their balance of trade by selling us cheap Taiwanese replica watches they got from Mathew Lee...

    Oct 13th, 2012 - 06:05 am - Link - Report abuse 0
  • toooldtodieyoung

    I wonder how this will play out for the falkland islanders themselves? While it is great news for them and their economy. All of a sudden there will be a massive influx of people. Oil workers and all the associated support industries as well. The once peacefull Falkland Islands will be a very crowded place to live.

    The memory of going out and not locking your door will be a very distant one indeed. My only hope is that the FIG can pull off that most delicate and difficult of balancing acts, that is to increase funds without too much disruption to the “ordinary” way of life.

    Good luck guys, god bless.

    Oct 13th, 2012 - 02:21 pm - Link - Report abuse 0
  • Captain Poppy

    Troy....these trolls continue to talk all they want, but regardless of t=what they say, if they are in argentina and they happen to be the working kind of argentines, they see the shit falling out of the sky.
    Now argentines are one step away from needing permission to leave the country

    Oct 13th, 2012 - 03:11 pm - Link - Report abuse 0
  • Pete Bog

    @22

    Could a town be created near Port William? Not too far away from Stanley but avoiding swamping?

    The Islanders would know best. took me less than a day once to walk along the Camber and over the ridge to its North-I suppose it would depend on the landowner of course.

    Oct 13th, 2012 - 04:52 pm - Link - Report abuse 0
  • Conqueror

    @9 True!
    @10 “commonsensical, informed, rational and well-founded English gentleman like you!” Six descriptive words. All wrong.
    @13 Wrong. You're no-one.
    @15 “Scottish gentleman” That's an oxymoron. Or to put it another way. An oxygen-stealing moron.
    @19 Hawaii is 2563 miles from the contiguous United States and has the Union Flag as part of “its” flag. Surely it''s British!
    @22 You should read the article. It helps. The article mentions 75 on-shore workers. “Massive influx”, “crowded”? Couple of thoughts. Shouldn't these people be out working on rigs? How about building “accommodation” on some of the other 776 islands?

    Oct 14th, 2012 - 10:22 am - Link - Report abuse 0
  • Sussie USA

    @25 Conqueror/captain poppy=same UK WIMPS
    lol

    Oct 17th, 2012 - 12:01 am - Link - Report abuse 0
  • Pete Bog

    @25
    “How about building “accommodation” on some of the other 776 islands?”

    I guess thats down to the logistic/transport, landowners and how it would impact a still pristine environment-but certainly exciting times for the islanders whilst their neighbours look impotently on with envy,

    Oct 17th, 2012 - 09:59 am - Link - Report abuse 0
  • Captain Poppy

    Conqueror my point was that distance does not make a ligitmate claim to a chunk of land. As an American, the matter really does not affect us. However, I believe and support the notion that it's Britians rule as long the Islanders want it that way and the RGs have no legitimate nor rightful claim to the island.
    Even if they did havea an historical claim, they lost it in the war.

    Oct 17th, 2012 - 12:14 pm - Link - Report abuse 0

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