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Falklands’ on-shore storage for construction of oil flow lines to develop Sea Lion project

Friday, July 5th 2013 - 06:58 UTC
Full article 11 comments

Bundled or reeled production flow lines could be constructed on-shore the Falkland Islands for Premier Oil, the UK independent company that is developing the Falklands Sea Lion project and expected to demand an investment of 5 billion dollars with first oil expected sometime in 2017. Read full article

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  • Pirate Love

    yum yum...... its cooking real good.

    Jul 05th, 2013 - 09:08 am - Link - Report abuse 0
  • Brit Bob

    But all of this activity around the Malvinas is illegal.

    The Argentine government is going to take legal action against British and Falkland oil companies.

    This is what they said,

    http://en.mercopress.com/2010/02/05/argentina-threatens-uk-and-falklands-oil-companies-with-legal-actions

    in February two thousand and ten.

    Jul 05th, 2013 - 09:47 am - Link - Report abuse 0
  • Idlehands

    If the Kirchners hadn't thrown their toys out of the pram the Argentine economy would be reaping these rewards. It's now past the point of no return.

    It would be even funnier if the Falklands became a hub for other producers to avoid the politics of Argentina.

    Jul 05th, 2013 - 11:48 am - Link - Report abuse 0
  • M_of_FI

    As the Falkland Islands and its people looks to the future - Argentina continues to look to the past. The islands have a bright future despite all of the rhetoric, flimsy Argentine polices and blinkered diplomacy - us islanders will keep moving forward as Argentina, its Government and its people moves further away from their objective.

    Jul 05th, 2013 - 12:42 pm - Link - Report abuse 0
  • Vestige

    52 Week High 318.00 :))))
    52 Week Low 119.50 :{{{

    Price.................127.50 :((((

    Jul 05th, 2013 - 01:30 pm - Link - Report abuse 0
  • malen

    What are those red red platforms?? Very invasive and contaminating I see them

    Jul 05th, 2013 - 01:52 pm - Link - Report abuse 0
  • Idlehands

    That red “platform” is the rig on the ship to slide pipe in to the sea

    Jul 05th, 2013 - 02:04 pm - Link - Report abuse 0
  • reality check

    Oh dear, what do they need all those pipes for? Haven't they been listening to Think and Co?

    Jul 05th, 2013 - 03:41 pm - Link - Report abuse 0
  • Conqueror

    @5 So?
    @6 What does it have to do with you? Those “harvesters” trying to reap the wheat you don't have are also red. You have a problem with that? You need to understand something. These things are going on in the FALKLAND ISLANDS. That's a place in which you have NO legitimate interest. I want to emphasise that. No LEGITIMATE interest. Do try to understand. YOU have NO chance of having any control over the FALKLAND ISLANDS. Have we not proved that to you. Do we have to bomb and missile you until the remainder of your population sees sense? Make no mistake. WE can missile you from the English Channel. WE can missile you from the ocean. WE can bomb and missile you from the FALKLAND ISLANDS. How dare you intimate that you have any “rights”. After considerable research, the people of the Falkland Islands and the people of Britain are satisfied that you have NONE! So sod off and mind your own business. In fact, take your mind off it. Sod off and get yourself buggered.

    Jul 05th, 2013 - 05:48 pm - Link - Report abuse 0
  • Pete Bog

    @3
    “It would be even funnier if the Falklands became a hub for other producers to avoid the politics of Argentina.”

    I believe this will happen.

    Many international firms and countries just find Argentina too unstable/unreliable/unpredictable to deal with ,whereas the Falkland Islands often take 'a hit' to encourage investment and appear to deal fairly with their 'clients.'

    Due to Argentina not seeing sense and cooperating to provide resources to help the Falkland Island oil industry, the Islands/oil companies simply find other solutions to land the oil, hence the need for a deep water port-another potential destination for ships in the South Atlantic needing one, and future competition to other ports in Southern Argentina and Chile.

    If the Panama canal is shut down, the Horn will return to its 19th century heyday.

    Argentinians clearly need their heads testing by sneering at the Falkland Islanders and ignoring the phenomenal progress they have made since 1982, as the Islanders ability to handle money/ business and do things slowly BUT properly are going to bite Argentina hard up the ass, commercially, in the next 50 years.

    Also with an oil terminal, it increases the FIs industrial infrastructure that may well have positive economic implications beyond 'Falklands' oil.

    Argentina could have eliminated any chance of the Islands having competing facilities by cooperating, and by not, they have forced the Islanders/industry to do what they might not have preferred to, but now they have it will provide commercial competition to Argentina.

    And if oil is successful, make no bones about it. The Islands will be able to have their own airline that will compete with those in South America, and provide the Island with it's own links,but may also veer east as well to the rest of the South Atlantic, Africa, and aircraft are capable of flying over Antarctica into the Pacific.

    Jul 05th, 2013 - 07:01 pm - Link - Report abuse 0
  • ChrisR

    10 Pete Bog

    This wouldn't be the Antartica that The Dark Country owns lock, stock and barrel would it?

    LOLs

    Jul 05th, 2013 - 08:58 pm - Link - Report abuse 0
  • Pete Bog

    @11 Chris
    Mmmmmmm, any future flights over Antarctica would be intercepted by biplanes the way the Argentine military is receding, unless their airborne diapers work in the cold.

    Or perhaps Argentina would generously permit over flights by a future Falklands airline, if it air dropped food parcels and fuel to the starving, neglected Argentine Antarctic Implants.

    Jul 06th, 2013 - 12:07 pm - Link - Report abuse 0
  • ChrisR

    12 Pete

    I had forgotten those poor devils: much like TMBOA seems to have done.

    Jul 06th, 2013 - 03:09 pm - Link - Report abuse 0
  • Pete Bog

    @13 Chris
    I think its disgraceful for them to use people for such a false territorial claim and then leave them in the sh1t in bad conditions, but is sadly not a surprise .

    They only use their war veterans when politically convenient then leave them to rot.

    Jul 12th, 2013 - 11:24 pm - Link - Report abuse 0

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