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Falklands’ government praised for five year plan to develop oil and gas industry

Friday, May 31st 2013 - 17:23 UTC
Full article 58 comments

The Specialist Oil & Gas Advisor for the Falkland Islands Government (FIG), Anne Drinkwater has stated that the Falkland Islands are an attractive location for the oil and gas industry and has praised FIG five year plan which sets the desired economic and social context for development generally. Read full article


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  • reality check

    Heard her name before, where?

    May 31st, 2013 - 06:35 pm - Link - Report abuse 0
  • Marcos Alejandro

    RKH 132.88 -7.00 (-5.03%)
    So attractive :-)))

    May 31st, 2013 - 07:32 pm - Link - Report abuse 0
  • reality check

    If you say so!

    May 31st, 2013 - 07:37 pm - Link - Report abuse 0
  • Think

    BOR 14.00 -2.00 (-12.50%)
    So attractive :-)))

    May 31st, 2013 - 07:41 pm - Link - Report abuse 0
  • Marcos Alejandro

    Mrs. Drinkwater, The Specialist Oil & Gas Advisor for the kelpers.
    Couldn't get any better lol

    May 31st, 2013 - 07:47 pm - Link - Report abuse 0
  • reality check

    Infamy! Infamy! They all have it in for me.

    Jealousy anyone?

    May 31st, 2013 - 07:54 pm - Link - Report abuse 0
  • Think

    Mrs. Drinkwater, The “*” INDEPENDENT “*” Specialist Oil & Gas Advisor for the kelpers.
    Couldn't get any better lol

    May 31st, 2013 - 07:57 pm - Link - Report abuse 0
  • reality check

    Oh it could, oil coming ashore, El Think, I expect that would really ruin your day.

    Suppose think, you think it is not going to happen.

    Think we will see shall we think.

    Even cabbages make contingency plans.

    May 31st, 2013 - 08:06 pm - Link - Report abuse 0
  • travellingscotsman

    You know it's funny the RG's think they have a bond with the Chinese and that one of their ideas is that the Chinese will put pressure on the British government to give up these islands; the truth of the matter is thought that the Chinese government will be one of the first to buy Falklands oil when it comes on tap in 2016 and the agreement is that the Chinese will have it shipped in from the Falklands in it's crude form - the RG's are such losers!

    May 31st, 2013 - 08:16 pm - Link - Report abuse 0
  • Islander1

    Typical Think and Marcos- cannot understand the word-Independent! Of course - it does not exist in Argentina where you are either a crony and apdog of Kirschener and say all what she wants to hear- never mind the size of the lie - because you know- or you speak the truth and reality - she will turn her son,s heavy mob on you and you will be out off business and probabaly home as well.!!

    May 31st, 2013 - 08:35 pm - Link - Report abuse 0
  • reality check

    They can say what they want, they will never set foot on your island again, not a single uninvited step from one of them.

    May 31st, 2013 - 08:48 pm - Link - Report abuse 0
  • Marcos Alejandro


    May 31st, 2013 - 09:37 pm - Link - Report abuse 0
  • Joe Bloggs

    12 Marcos LOL

    Scraping the bottom of the barrel aren't you? Things worked out well for that loser after doing the filming didn't it!

    ...and you're quite right about the share prices. Obviously it's all a flop and we're not going to make any oil money. Fair enough mate, whatever. You'd know what's best.

    My boss and a colleague were in a very interesting meeting recently. I have to be careful here so the story is all pretty debadged but the meeting took place in the last two weeks and it was in London. A senior regional representative of the UN was one of those present. Very interesting . She was very enlightened by the end of the 2 hour discussion. Others present were members of the FCO and several other BOTs. Every little helps.

    Chuckle chuckle

    May 31st, 2013 - 09:51 pm - Link - Report abuse 0
  • Orbit

    Meanwhile the Hundreds of thousands of Argentines that invested in YPF in order to escape rampant inflation are pleased as punch. Delighted in fact. They are wondering how many times they can be screwed by the same government.

    No doubt they look across the water and see real potential, backed up by people who have backbone and can deliver on multi year projects, and feel enormous, nullifying envy, that sucks impetus out of their very soul. Particularly when Think and MA come on here showing their impotence, supporting the very people who are killing their country's hope.

    May 31st, 2013 - 10:01 pm - Link - Report abuse 0
  • Beef

    Well the Brazilians appear bullish on FI explorer Premier Oil. What happened to Latino solidarity hey Think? Guess you will no doubt stick your head in the sand about that one :)

    May 31st, 2013 - 10:17 pm - Link - Report abuse 0
  • golfcronie

    Premier Oil/Rockhopper will be drilling at least 4 wells in Q4 2014, and 1st Oil WILL be Q4 2017, no doubt the other companies in THE FALKLANDS, namely Borders and Southern, Desire, Argos, Falkland Oil and Gas will be taking up slots also. It makes sense to use the Premier Rig whilst in the FALKLANDS. And yes @2,@4 the shares are depressed at the moment but will rise sharply when an RNS is issued in the not too distant future.

    May 31st, 2013 - 10:22 pm - Link - Report abuse 0
  • Think


    El Think is “By Proxi” long term invested in B&S......
    El Think B&S shares were aquired ~14 months ago for ~98 pennies.
    El Think B&S shares are worth ~14 pennies today.
    El Think B&S shares have lost ~85% of their value.
    El Think is happy.

    May 31st, 2013 - 10:23 pm - Link - Report abuse 0
  • Marcos Alejandro

    Mr. Beef
    You are right, I can see the long parade of Brazilian ships heading to Malvinas from my window :-)))

    May 31st, 2013 - 10:24 pm - Link - Report abuse 0
  • Beef

    I know I am right Marcos the Brazilian deal with Premier Oil has already been signed :) Premier to drill in Brazil and the Falkland Islands. Words or actions Marcos, words or actions?

    Can you afford glass for your window?

    May 31st, 2013 - 10:31 pm - Link - Report abuse 0
  • golfcronie

    You need to THINK long term, I am talking 5 years, thats the trouble with Argentinian THINKING it is always short term. Quick, fix this now. THINK long term.

    May 31st, 2013 - 10:43 pm - Link - Report abuse 0
  • CaptainSilver

    We got Rgland thrown out of the IMF, next up is the G20. Them Rgs are still #1 corned beef experts though. How does it feel Marcos/Think?
    Rgs can't Think beyond next week..retards...

    May 31st, 2013 - 11:31 pm - Link - Report abuse 0
  • reality check

    Damn! Would that be the same Marcosvthat lives in the UK?

    Ungrateful git!!!!

    May 31st, 2013 - 11:32 pm - Link - Report abuse 0
  • andy65

    Marcos Alejandro The only stuff you see looking out of your window is the refuge on tugs sailing down the Thames you piece of squatting shit

    Jun 01st, 2013 - 12:03 am - Link - Report abuse 0
  • reality check

    Nah, typical expat, knows when he is better off!

    Jun 01st, 2013 - 12:15 am - Link - Report abuse 0
  • Forgetit87

    “The biggest problem for Great Britain today is that the rest of the world will simply not consider it to be a very important geopolitical and financial actor anymore. Being ignored is not the happiest fate for an erstwhile hegemonic power.”

    Jun 01st, 2013 - 12:59 am - Link - Report abuse 0
  • Anglotino


    Well that was a boring article. An opinion piece submitted by someone who is convinced of US decline.

    Not sure what it had to do with this article though.

    Perhaps you should save this for an article that it pertains to. No one will deny the UK has decline comparatively to some other countries whereas Argentina next door to the Falklands has declined absolutely.

    The UK is the world's 22nd most populated country and in 2050 it still will be the world's 22nd most populated.

    It is the world's 6th largest economy now and will only drop to about 11th in the next 40 years.

    It might be adjusting to post-empire but it is hardly able to be ignored. That is just wishful thinking. In 40 years it will still have a larger population and economy than every single Latam country other than Brazil and Mexico.

    I would never be stupid enough to say that all other countries in Latam will be ignored and not considered “very important” geopolitically and financially because they are smaller than the UK.

    Anyway back to FIG and one of the most stable and prosperous economies in South America.

    Jun 01st, 2013 - 02:55 am - Link - Report abuse 0
  • Forgetit87

    “In 40 years it will still have a larger population and economy than every single Latam country other than Brazil and Mexico.”

    Unless you import massive numbers of Pakistanis and refuse to teach them a thing about contraception, that is not going to happen. By the way, why do you think Britain, your dear, but a bit aged, country, despite all the Tory bombast, all the anti-immigrant window-dressing, has taken in so many immigrants? Because it needs them; because Britain's demography would implode without them. It's the same story all over Europe; even in France, by the way. Brazil has more than 3 x times Britain's population; Mexico, whose fertility rates are yet to dent below replacement levels, 2 x. How, pray tell, will Britain surpass those two country's populations in the next 40 years? By natural growth it won't - that's for sure. And keeping on importing immigrants will only result in social tensions, as last week's events so vividly illustrate.

    And yet you say it's me who's engaging in wishful thinking? :-)

    And by the way, I think you should pay attention to the author. He predicted both the current crisis and US geopolitical decline years before both began to be debate points among pundits. He's been vindicated against both jingoist right-wing Westerners and left-wing critics of US foreign policy, both of whom used to believe that the events in the early 2000s, particularly the US war on Iraq in its first years, proved American omnipotence.

    Jun 01st, 2013 - 03:14 am - Link - Report abuse 0
  • Think

    (27) Welcome back young Mr. Forgetit86/87....

    Still hooked on Wallerstein, I can see….
    Good article of his…, educative as always…., thanks for the link….

    Just for you info…
    If you plan to engage Mr. Anglolatino; be warned that he ain’t stupid, but his exacerbated narcissism and Anglocentrism make him a “one trick” Turnip.....

    Até logo, Brazuca.
    El Think, Chubut, Argentina.

    Jun 01st, 2013 - 06:05 am - Link - Report abuse 0
  • Redrow


    There is an error in the article. The US did not want to share nuclear secrets with the UK, however the British had already correctly devised the technology. It was the British who revealed their secrets to the Americans who merely shrugged and said “Yes that's right”.

    The other problem with predicting the decline of Britain is that most of the decline has already happened so it doesn't need a Yale Fellow to predict it. Most British people are perfectly comfortable with the new Britain being moderate, middle-sized and post-imperial. The reference to “prospective independence of Wales, Scotland and N.Ireland” is quite bizarre. In the most recent opinion poll, only 7% of people in N.Ireland wanted a United Ireland, still only rising to 30% if you put it as a romantic notion for the distant future. For Scotland, Alex Salmond may have a majority of MSPs but he is still way short of the sort of numbers required for independence while Wales is even less likely to leave. That Britain will continue to decentralise is probably true, but is this really a measure of its decline.

    Anyway, what's this all got to do with Falklands oil?

    Jun 01st, 2013 - 07:16 am - Link - Report abuse 0
  • Think

    (29) Redrow

    You say….:
    ”Most British people are perfectly comfortable with the new Britain being moderate, middle-sized and post-imperial.”
    And then you ask…:
    ”Anyway, what's this all got to do with Falklands oil?”

    I say….:
    That’s my understanding too…. Most British people are comfortable with a post-imperial Britain.…........ BUT….
    Not some dinosaurs in the Foreign Colonial Office, in the Tory Party and in here, at MercoPress........
    They frantically cling to the South Atlantic as the last remnant of their once mighty English Pirate Empire............
    They calculated that, after the 1982 criminal idiocy committed by our Argentinean Armed Farces, they could just ignore Argentina and “quiet & easily” incorporate some 12,000,000 square km. of Southern Hemisphere to Little England….

    They can’t….
    And they won’t….

    Jun 01st, 2013 - 07:50 am - Link - Report abuse 0
  • LEPRecon

    Aw look Think is trying (and failing) to divert the thread.


    Doesn't work Think.

    Are you going to run away now? Like you did when you wouldn't answer my questions?

    Poor useless thick Think.

    I know it's difficult for La Campora scum, such as yourself, to understand long term planning.

    Hence why the Argentine government constantly lurches from one disaster to another using the 'quick' fixes that destroy the economy for generations to come.

    No wonder you hate the Falkland Islanders, when they show Argentina up for the ill-managed and increasingly useless country it is.

    By the way thick Think, there has NEVER been an English Empire. Your racism and complete ignorance of any facts are showing through again.

    Self-determination. Don't you just hate it when people decide that they'd rather be aligned with the British than with nazi-land Argentina?

    Jun 01st, 2013 - 08:01 am - Link - Report abuse 0
  • Pete Bog

    Did all that training on the Falkland Islands get the pansy a gold medal then?

    I heard he didn't even get to the Olympics so if he had trained instead of arsing about he might have been more than a loser.

    They can’t….
    And they won’t….”

    And haven't.

    Jun 01st, 2013 - 08:32 am - Link - Report abuse 0
  • stick up your junta

    Brazil has more than 3 x times Britain's population

    Yes, but for how much Longer :-)))

    Murder Rates Doubled Since 1980
    RIO DE JANEIRO, BRAZIL – A new report released yesterday shows that since 1980, murder rates in Brazil have more than doubled. Over one million violent deaths were recorded in the country in the last thirty years – the equivalent of wiping out the entire populations of Fiji, Quatar or Montengro, and more besides

    Jun 01st, 2013 - 09:10 am - Link - Report abuse 0
  • Beef

    Think - and I thought no Latin American nation would work with Falkland Island oil explorers? I guess that excluded Brazil?

    Jun 01st, 2013 - 09:32 am - Link - Report abuse 0
  • Think

    (34) Beef
    I have told you several times.....

    Such a young man as you should have better memory......

    1) The more entangled the English economy becomes with South America, the easier it will be to press them English out of their Colonial engagement in Malvinas.
    2) First step has been: No South American nation aids Falkland Island oil exploration.
    3) Second step will be: No South American nation will work with Falkland Island oil explorers.

    Jun 01st, 2013 - 11:18 am - Link - Report abuse 0
  • yankeeboy

    I find it hilarious that Rgs don't realize that the Falklands doesn't need or even want any help from South America to export their oil. None at all.

    They're doing quite well with UK and the USA firms
    and slow and steady wins the race

    Jun 01st, 2013 - 12:33 pm - Link - Report abuse 0
  • Conqueror

    @26 I agree about relevance, but no doubt “Forgotten” was so ecstatic about finding it that he(it) couldn't wait. But he could at least have tried to find an article that referred first to the Council of Europe. An organisation that preceded the European Coal and Steel Community and had plenty of UK-inspired features to stop it becoming the sort of totalitarian bully that the EU has become.
    @27 Worth bearing in mind that, whilst Brazil may have 3 x Britain's population, the UK has more than 3 x Brazil's per capita GDP. So, in the Brazilian paradise, what are all those useless mouths doing?

    Perhaps you could consider that, while 2/3 of Brazil's population apparently sits on its collective butt doing little or nothing, Britons get around. Either doing or enabling others to do. The Falkland Islands are a case in point. Thousands of miles from the British Isles, Britons protect them. Britons have advised and guided them. And all with very little expenditure. The benefits of thousands of years of varied experience. Never mind, another 1800 years and it might get close to where Britain is now.
    @29 Quite right. But not only nuclear technology. The US still had to be given what is now known as radar and sonar, jet engines and actually stole jet aircraft technology. As a thought, Britain was the first to develop the aircraft carrier, was the first to land an aircraft on one, thought of the angled deck and the mirror landing system and was the first to land a jet aircraft on a carrier.
    @30 What a shame. You could be forgiven for not knowing what FCO stands for. One doesn't expect too much of foreigners. But to ignore the proven facts that the Falkland Islands, South Georgia and the South Sandwich Islands had already been British for hundreds of years is unforgiveable. Here are some more handy facts. Falklands are named after Viscount Falkland, South Georgia after George III and South Sandwich after 4th Earl of Sandwich. Not a latino in sight! And still OURS!

    Jun 01st, 2013 - 01:06 pm - Link - Report abuse 0
  • HansNiesund


    You really have you let your hackneyed anglophobia get the better of you if you Think that it's the FCO and the Tory party who've thwarted Argentine ambitions in the Falklands. Nobody was ever keener on a handover than the Thatcher government before Galtieri set out to rally the mob.

    Jun 01st, 2013 - 01:23 pm - Link - Report abuse 0
  • Clyde15

    Thank you for the link to the video - I had forgotten about this.
    Thank you for reminding us that you cannot trust anything an Argentinian says or does. They sneak into a country, ostensibly disguised as a tourist, and produce this piece of junk. If there was an Olympic event for back-stabbing liars, then your country would win Gold, Silver and Bronze !
    No offence meant, I am only speaking the truth.

    Jun 01st, 2013 - 01:29 pm - Link - Report abuse 0
  • Think

    38 HansNiesund

    Anglophobia, moi?
    I admire many things English....
    Pipp'ass for example ;-)

    Nobody was ever keener on a handover than the Thatcher government before Galtieri set out to rally the mob.

    Jun 01st, 2013 - 01:49 pm - Link - Report abuse 0
  • Anglotino


    I blush and am flattered that you have taken to introducing me (warning?) to everyone.

    A genuine poster will soon learn. Unlike you I don’t lie nor use sockpuppets to make my point.

    It is nice to see my short presence on this site has had a profound impact on you as a “one trick turnip”. My old trick was outsmarting you, but no longer; you don't put up a fight anymore. Maybe Forgetit87 will do what you once did?

    Mind you, as this website is lousy with sockpuppets, I will inevitably teach some, like you, the same lesson more than once.

    @27 Forgeti87

    You made several mistakes in your reply:
    1/ I’m not British.

    2/ You didn’t read my post correctly.

    “In 40 years it will STILL have a larger population and economy than every single Latam country OTHER than Brazil and Mexico.” Do the capitals help?

    3/ You didn’t research.

    Brazil’s TFR is lower than Britain’s. Brazil is expected to have a lower population than it does now in 2050 not the UK. Its TFR has dropped from 2.8 to 1.8 since 1990. While UK’s has RISEN from 1.8 to 1.9. While the UK currently has a median age 10 years+ Brazil’s at ~39 years, Brazil’s is estimated to be higher in 2050.

    4/ You spewed racist crap.

    The UK has immigrants from all countries; I don’t make stupid statements about Brazil’s ethnic makeup being based solely on Portuguese immigrants and African slaves.

    But facts on the other hand show that the UK is a net recipient of immigrants and Brazil and Mexico are the opposite. Indeed Brazil is even now attempting to increase its extremely low rate of inward immigration to attract skills. The UK has attracted a net 2.5 million immigrants since 1950 and yet Australia and Canada has attracted 14.5 million between them and Brazil which has lost 1 million to emigration in the past 1o years thinks it can compete?

    Social tensions in the UK? What is Brazil’s and Mexico’s excuse?

    Your thinking isn’t even “wishful”. I’d say naïve, ignorant, uneducated, boring!

    Oh, by the way, welcome back!

    Jun 01st, 2013 - 01:51 pm - Link - Report abuse 0
  • Think

    “One trick” Turnip, indeed...........................

    Jun 01st, 2013 - 02:04 pm - Link - Report abuse 0
  • ChrisR

    @42 I Don't Think, aka The Chief Carrot, aka The Biggest Liar On MP

    I agree that Anglotino only has ONE trick.

    Regretabbly for you it is that he uses his brain before engaging the argie trolls.

    Cunning, very cunning of him. Perhaps the argie trolls should try it themselves AND THEN they need to stick to the truth, OH – OH: fatal problem here. Unlike Anglotino they wouldn’t know the truth if it came along and bit them.

    Jun 01st, 2013 - 05:07 pm - Link - Report abuse 0
  • Beef

    Think, all you have is hope my good friend. Brazil sees a dollar to be made and has awarded Premier Oil the licence in full knowledge that they are a FI oil explorer.

    The hard truth is that in reality Brazil cares not about your supposed claim to the islands and give you nothing but words.

    The fact is, deep down, you know I am right, but can't be man enough to accept it. Is that an Argentine trait?

    Jun 01st, 2013 - 05:28 pm - Link - Report abuse 0
  • slattzzz

    @40 the only thing you like about Britain is the benefits you receive turnip, and of course the BRITISH Legion.
    @44 correct Brazil doesn't give a toss about rgenweener, if there's a chance of them getting some dosh inbound from the Falklands they will, and in fact ARE dropping the sad bastards asap, as will all the rest of the SA countries

    Jun 01st, 2013 - 06:14 pm - Link - Report abuse 0
  • Beef

    Think is of the opinion that Brazil has signed a deal with Premier oil so they can secretly pressure the UK to give the Falklands to Argentina.

    I see it is not just his president that is mentally unstable and deluded.

    Jun 01st, 2013 - 09:14 pm - Link - Report abuse 0
  • Think

    (46) Beef

    Allow me to correct you...:

    Think is of the opinion that Brazil has signed a minor deal with Premier Oil that “eventually” could open the possibility of financially pressing Premier Oil out of the English Pirate Oil Prospection Adventure in the South Atlantic.

    Jun 02nd, 2013 - 07:36 am - Link - Report abuse 0
  • stick up your junta

    @Think 47

    If you think that, thought this would excite you :-)))

    Jun 02nd, 2013 - 07:49 am - Link - Report abuse 0
  • Beef

    So while your government is legalising money laundering you now think Brazil is going to legalise blackmail for the benefit of Argentina?

    Now wonder Argentina has so many mental health professionals!

    Jun 02nd, 2013 - 08:31 am - Link - Report abuse 0
  • Think

    (49) Beef

    You say eether and I say eyether,
    You say neether and I say nyther,
    Let's Call The Whole Thing Off…..

    You like potato and I like potahto,
    You like tomato and I like tomahto,
    Let's Call The Whole Thing Off…..

    You say money laundering and I say fiscal amnesty,
    You say blackmail and I say business
    Let's Call The Whole Thing Off…..

    Jun 02nd, 2013 - 09:16 am - Link - Report abuse 0
  • Beef

    I deal in facts.

    You deal in conjecture.

    I put my money where my mouth is

    You just keep mouthing off.

    Jun 02nd, 2013 - 10:30 am - Link - Report abuse 0
  • Think

    (51) Beef
    You deal in wild speculation.....
    You put your money on a Pirate Oil Adventure.....
    You are losing both your money and your temper miserabily.....

    Jun 02nd, 2013 - 10:38 am - Link - Report abuse 0
  • Beef

    I love speculation, you haven't the nerve.

    I have lost nothing, you have won nothing.

    I have no reason to get angry, you have got a chip on your shoulder.

    Jun 02nd, 2013 - 10:56 am - Link - Report abuse 0
  • Think

    (53) Beef

    You say...:
    “I have lost nothing...”

    I say....:
    Ohhh yes you have....
    And don't have the nerve to tell the Missus ;-)

    Jun 02nd, 2013 - 11:34 am - Link - Report abuse 0
  • Beef

    Only lose if one sells at a loss Think. The wife has full access to my portfolio, as would any academic Welsh lass.

    I say cut out the self pity that is endemic in your discourse.

    Jun 02nd, 2013 - 12:39 pm - Link - Report abuse 0
  • Pete Bog


    If there is enough oil Premier will stay-around the Falklands and Brazil-regardless of what Argentina say.

    Jun 02nd, 2013 - 01:29 pm - Link - Report abuse 0
  • Think

    (55) Beef
    Soooooo................. that makes two of us stuck with worthless B&S shares.....
    (Self pity, self pity, self pity, self pity, self pity, self pity, self pity, self pity.)
    I got 50 of them safely kept in Dover ;-)
    I reckon you got quite a few more...
    Chuckle chuckle

    Jun 02nd, 2013 - 01:50 pm - Link - Report abuse 0
  • Islander1

    Terrible these B.&S. Shares!!! - wonder what will happen to them later on when B&S go to raise money for their 2nd drilling round once fully evaluated the last lot of 3d seismic following their positive gas Condensate show?
    If I had any - I would hang onto them for a while yet.

    Jun 03rd, 2013 - 03:21 am - Link - Report abuse 0
  • golfcronie

    I think you will find that the 3d survey results could be as early as July 8th at a guess. Desire are looking for a farm in with a suitable partner, that counts Argentina out then.

    Jun 03rd, 2013 - 04:13 pm - Link - Report abuse 0

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