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Falklands’ Premier and Noble have contracted a rig, according to Norwegian energy website

Thursday, May 22nd 2014 - 07:40 UTC
Full article 60 comments

Ocean Rig has reportedly received a contract for its Eirik Raude semi-submersible rig for a drilling campaign in the Falkland Islands. According to Offshore.no, a Norwegian energy news website, the rig will be used by Noble Energy and Premier oil for their respective drilling campaigns in the Falkland Islands waters in 2015 Read full article

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  • golfcronie

    At last, we can now see some progress to recover our oil that the Argies keep saying is theirs.Not only have we recovered our island but also the resourses.

    May 22nd, 2014 - 09:16 am - Link - Report abuse 0
  • Briton

    Perhaps Patagonia could be next.oops.

    May 22nd, 2014 - 10:10 am - Link - Report abuse 0
  • Escoses Doido

    500,000 will be the daily cost of hiring the vessel.

    May 22nd, 2014 - 11:16 am - Link - Report abuse 0
  • Lord Ton

    And life moves on - totally regardless of Argentina's spurious claim

    May 22nd, 2014 - 11:41 am - Link - Report abuse 0
  • Chicureo

    But aren't the Norwegians worried about Argentina arresting the crew manning the rig? Won't there be trade reprisals against Oslo? I assume they'll probably burn down the embassy in BA and a severe trade embargo against importing creamed herrings...
    I think the best solution is to round up all Scandinavian heritage residents in Patagonia and place them into re-education camps as a reprisal.

    May 22nd, 2014 - 12:07 pm - Link - Report abuse 0
  • Islander1

    Chicureo- last time the Campora mob attacked port offices in an Arg port where 2 rig supply vessels had arrived - only to then find out the vessels were actually working for a rig in Arg waters anyway!

    May 22nd, 2014 - 12:36 pm - Link - Report abuse 0
  • Gordo1

    All the Norwegian presence in Argentina must be “shivering in their shoes”!

    May 22nd, 2014 - 12:46 pm - Link - Report abuse 0
  • ilsen

    @3
    yes. This is fact published in the above article.

    Why did you you feel the need to repeat it?

    What is your point exactly?

    Anyway I am finding the whole developing story very interesting.

    May 22nd, 2014 - 01:25 pm - Link - Report abuse 0
  • falklandlad

    Quite the best mid-winter news for the Falklands. Enjoy!!!

    May 22nd, 2014 - 01:51 pm - Link - Report abuse 0
  • paulcedron

    semi submersible rig + british = disaster waiting to happen

    good-bye to all the beautiful maritime fauna of the mar argentino.

    May 22nd, 2014 - 02:07 pm - Link - Report abuse 0
  • golfcronie

    @10
    Why so negative? What do you know about maritime fauna in the South Atlantic? Anyway they will be drilling in FALKLAND Territorial Waters,

    May 22nd, 2014 - 03:21 pm - Link - Report abuse 0
  • ilsen

    No need to be negative. Those countries with open-minded administrations could see a substantial boost to local economies.

    May 22nd, 2014 - 03:29 pm - Link - Report abuse 0
  • Islander1

    Poor old Paulcedron 10 - probably thinks something “semi-submersible” is a bit like an Argentine Navy Destroyer in port!
    He does not realise they are very modern state-or-art drilling platforms designed for harsh environments - and from the pic looks very similar to the one we had down here 2 years ago drilling in deeper water areas in the southern sector.

    May 22nd, 2014 - 03:45 pm - Link - Report abuse 0
  • paulcedron

    13
    “He does not realise blablabla... - and from the pic looks very similar to the one of deepwater horizon”

    http://en.wikipedia.org/wiki/Deepwater_Horizon

    May 22nd, 2014 - 03:56 pm - Link - Report abuse 0
  • Orbit

    @10 - Would that be the same sea that the Matanza/Riachuelo river pours into all day, everyday?

    FYI For everyone else, the Matanza/Riachuelo is in the top 10 most polluted places in the world.

    Beautiful fauna is something of the past, and people in adjoining neighbourhoods don't fare too well either.

    But you worry about tail risk in Q2 2015, not a real problem today. Like CFK's worries about the Falkland Islands, rather than a collapsing economy.

    May 22nd, 2014 - 04:13 pm - Link - Report abuse 0
  • paulcedron

    “FYI For everyone else, the Matanza/Riachuelo is in the top 10 most polluted places in the world.”
    you may be right.
    but there are tons of lovely amoeba and protozoa.
    we have to take care of them now

    May 22nd, 2014 - 04:28 pm - Link - Report abuse 0
  • Think

    ( 5 ) Chicureo

    You say...:
    “ I think the best solution is to round up all Scandinavian heritage residents in Patagonia and place them into re-education camps as a reprisal.”

    I say...:
    That would be a very Un-Argentinean thing to do....
    Not too Un-Shilenian mind you... Remember Colonia Dignidad?

    Anyhow...., you are right that an adecuate trade reprisal against Oslo should be taken...

    From now on....., no more Norsk Gjetost in Think's kitchen!

    May 22nd, 2014 - 04:28 pm - Link - Report abuse 0
  • Troy Tempest

    16 Aargh-niño

    ““FYI For everyone else, the Matanza/Riachuelo is in the top 10 most polluted places in the world.”
    you may be right.
    but there are tons of lovely amoeba and protozoa.
    we have to take care of them now”

    Why didn't you just keep your mouth shut? Now you look more stupid than the amoeba.

    *sighs, shakes head, and rolls eyes heavenward*

    May 22nd, 2014 - 05:23 pm - Link - Report abuse 0
  • paulcedron

    18
    boludo troy
    you are not too clever, are you?

    May 22nd, 2014 - 05:27 pm - Link - Report abuse 0
  • ilsen

    I think we can all agree that this is simply fantastic news for all concerned.

    Now let's have a nice cup of tea and settle down a bit.

    May 22nd, 2014 - 05:32 pm - Link - Report abuse 0
  • Conqueror

    @16 “FYI For everyone else, the Matanza/Riachuelo is in the top 10 most polluted places in the world.”
    you may be right.
    but there are tons of lovely amoeba and protozoa.
    we have to take care of them now

    ----------------------------------------------------------------------------------------------

    Yeah, but it's in argieland. So no-one of any importance cares! Because the “amoeba and protozoa” are trying to run the country. And failing! Ever thought of trying slugs, cockroaches and termites?

    May 22nd, 2014 - 05:52 pm - Link - Report abuse 0
  • paulcedron

    imbecile 21
    “Ever thought of trying slugs, cockroaches and termites?”
    not yet.
    you could be a good candidate in that case.

    May 22nd, 2014 - 06:05 pm - Link - Report abuse 0
  • Troy Tempest

    18

    *sighs, shakes head, and rolls eyes heavenward*

    May 22nd, 2014 - 06:44 pm - Link - Report abuse 0
  • Gordo1

    I have a Spanish language atlas open in front of me as I write this - can someone please show me where I might fin “el mar argentino” or “el Mar Argentino”?

    May 22nd, 2014 - 07:09 pm - Link - Report abuse 0
  • Chicureo

    THINK
    Well, I would make sure your kind were sent to a nicer re-educational facility with good single malt served after “tea” with excellent views... Perhaps at the Llao Llao in Bariloche... In the mornings you would be required to listen to Baroness Thatcher speeches, but otherwise, no other cruel torture.

    “Remember Colonia Dignidad?”
    Yes, I really do, as there were rumors that the Navy had some very unfortunate intelligence connections that had to be “rapidly disconnected with less than satisfactory results”. My former CO was sacked in the aftermath.

    May 22nd, 2014 - 07:15 pm - Link - Report abuse 0
  • Think

    (25) Chicureo
    Well... Your former CO is a lucky man...
    On this side of the Andes there are many milicos serving “15 to 20” or even life for similar “intelligent connections” & “rumors”....

    May 22nd, 2014 - 07:50 pm - Link - Report abuse 0
  • CaptainSilver

    Argentinian intelligence, that's an oxymoron Bahahahaha...

    May 22nd, 2014 - 07:58 pm - Link - Report abuse 0
  • Escoses Doido

    @8 Ilsen

    I was clarifying for non-oil industry readers that the people 'earning around 500,000 USD' are the vessel owners.

    Not Premier oil, and not the islanders at this stage.

    Does that explain it enough for you?

    May 22nd, 2014 - 08:10 pm - Link - Report abuse 0
  • HansNiesund

    @26

    Putting your human rights abusers in jail is a very good start. I'm sure we can all applaud that. Most of us anyway.

    Any word yet on when we can expect you to respect the UN's Universal Declaration on Human Rights?

    May 22nd, 2014 - 10:07 pm - Link - Report abuse 0
  • ilsen

    @ 28 Escoses Doido

    Yes, but that was already explained in the article.

    This is just simply the economics of oil exploration.

    Prior to the arrival in The Falklands the owners where renting the vessel to some one else.
    Probably getting similar fees. Which the must do in order to recoup their outlay on building such a massive vessel.
    For example: If I buy a car and rent it to you for the duration of your holiday/vacation surely the price must reflect my original purchase price + depreciation + 'wear and tear'?
    Basic economics surely?

    I was just surprised as to why you highlighted this particular phrase.

    This is the same concept, but on a grander scale.

    Pkease explain your thinking.

    May 22nd, 2014 - 10:46 pm - Link - Report abuse 0
  • Brasileiro

    England has no right under the waters of South America. Rethink their attitudes. The calm waters of America will become a nightmare for England.

    May 22nd, 2014 - 11:10 pm - Link - Report abuse 0
  • ilsen

    @31 Brasilero

    Please explain how the waters of “America” will become a “nightmare” for England?
    Which America? Or did you mean The Americas?

    I trust that you mean the outer seas from the coasts of Canada to Tierra Del Fuego. Both the Atlantic and Pacific?

    England is part of the UK. Will this affect the Scottish Referendum?

    We really need to know. It sounds serious. What are your sources for such a serious statement?

    Do you know something the rest of the world is unaware of?

    I think we should be told.

    May 23rd, 2014 - 12:02 am - Link - Report abuse 0
  • Islander1

    31 Brasiliero- you have me puzzled as well- England is up in the North Atlantic by Europe- that is where it has seabed rights.
    Falkland Islands Govt has rights in the zone around the Falkland Islands - not England, not theirs.

    May 23rd, 2014 - 12:24 am - Link - Report abuse 0
  • ilsen

    Will the Norwegians be arrested?

    If so, how?

    If so, how do the Argentines expect to deal with the Diplomatic Incident resulting in the imprisonment of Norwegian citizens?

    I think we should be told.

    May 23rd, 2014 - 12:41 am - Link - Report abuse 0
  • paulcedron

    24 Fatty1
    what´s your level of education?
    kindergarten?

    Argentine Sea

    The Argentine Sea lies within the continental ledge of the Argentine mainland. It is a part of Atlantic Ocean lies in the south of the Atlantic Ocean off the southeastern coast of Argentina, widening from the estimated latitude of Montevideo, Uruguay, southward to Tierra del Fuego. It is located about 500 miles (800 km) north of Antarctica.

    The Argentine Sea covers a surface of about 386,102 sq. mi. (1,000,000 km²) and the average depth is about 3,952 feet (1,205 m) and the maximum depth is 7,296 feet (2,224 m). It is one of the largest seas in the world.

    The Argentine Sea gradually widens through southward, in contrast with the narrowing of the continental mass.
    The Falkland Islands are located inside the platform of the Argentine Sea.

    http://www.deepseawaters.com/Argentine_Sea.htm
    http://www.deepseawaters.com/Argentine_Sea.htm
    http://www.deepseawaters.com/Argentine_Sea.htm

    May 23rd, 2014 - 01:16 am - Link - Report abuse 0
  • Troy Tempest

    The fictional Argentine Sea is located adjacent to The Falklands Sea, outside the EEZ

    May 23rd, 2014 - 01:46 am - Link - Report abuse 0
  • ilsen

    Argentina is merely a BOT temporarily loaned to the Spanish. Unfortunately they will be bankrupt soon and the UK, as a favour to The World., will once again have to take over the administration of this European colony.
    it doesn't matter what their maps say.

    Where is the Prime Meridian? Oh yes. It runs through Greenwich, London. My London home is 6.3 degrees West of the famous Greenwich Meridian.

    Paulie, remember who the cartographers are. Who the administrators are. Who the financiers are. They are also your landlord and Patron.
    There is no Argentine Sea unless London decrees it so.

    Be humble Paulie. Be humble.

    May 23rd, 2014 - 02:14 am - Link - Report abuse 0
  • paulcedron

    lol ilsen
    “who the cartographers are. Who the administrators are. Who the financiers are.”
    who are they?
    please don´t say the english...lol

    “They are also your landlord and Patron.”

    that´s funny.

    the only “sovereign” state with a landlord and patron is england, or britain, or the uk.
    guess that is the bad part of being saved by the u.s. twice.
    they saved your asses twice, now the little islands belong to them.

    May 23rd, 2014 - 02:29 am - Link - Report abuse 0
  • ilsen

    lol paulie

    I'm glad that you admit that 'the little islands' belong to them/us.

    That being;
    The Falkland Islands belong to the Falkland Islanders and the British Isles belong to the British.

    I'm happy for your enlightenment. A few hundreds late, but you have now arrived. Well Done Sir!

    By The Way. Don't you find this whole Petroleum Discovery lark off in the British South Atlantic all a bit of a jolly jape?

    I do.

    Would you like some oil for your hair? I've heard it's de riguer in Buenos Aires (C19th).
    Do form a queue, there's a good chap!

    May 23rd, 2014 - 03:18 am - Link - Report abuse 0
  • paulcedron

    ”Would you like some oil for your hair? I've heard it's de riguer in Buenos Aires (C19th).”

    oil? you mean petroleum for hair?
    nah, that is a british custom.

    here we use almond oil for hair.

    that´s why there are not a single bald here.
    so, beautiful hair, beautiful teeth.

    don't get too jealous.

    May 23rd, 2014 - 03:28 am - Link - Report abuse 0
  • ilsen

    Paulie! Bless! You are such a little sweetie!

    Modern people don't put oil on their hair! Really, you thought that?

    So easy to play you....

    No bald people in Argentina? Post the link to prove it. If true you would be a billionaire by now.
    You put Almond Oil on your teeth, uuuurrrrghhh! Why?

    Also, why don't we talk about the 'real' OIL in the article, or did you just come here to bitch?
    “Ocean Rig has reportedly received a contract for its Eirik Raude semi-submersible rig for a drilling campaign in the Falkland Islands”

    1: Is this not great news for the Falkland Islanders?
    2: Will the Argentine Government attempt to prosecute the Norwegian operatives and owners of the vessel?
    3: If so, how will they do this?

    Please do be so kind as to inform those of us, jealous of your almond-stained teeth and your greasy hair.

    Thank you.

    PS: How are The Enlightenment Studies going? Have you finished Chapter 1 yet? I believe Adam smith is quite good. What do you think?

    May 23rd, 2014 - 04:28 am - Link - Report abuse 0
  • Escoses Doido

    @30

    I don't have time to explain it again, sorry.
    I have a Seadrill rig to go look after.

    May 23rd, 2014 - 04:58 am - Link - Report abuse 0
  • ilsen

    42 Escoses Doido

    Ouch! I was too fast to react there.
    I get so used to some idiots here that I may have got a little confused whilst trying to respond to someone else.

    I realise that you know a lot more about the industry than I do.
    I misinterperated your post.
    I stand corrected.

    Please accept my apologies.

    I sincerely wish you all the best and your crew also.
    Good Luck out there.
    http://www.seadrill.com/

    May 23rd, 2014 - 05:44 am - Link - Report abuse 0
  • downunder

    “a Norwegian energy news website, the rig will be used by Noble Energy and Premier oil for their respective drilling campaigns in the Falkland Islands waters in 2015......”

    But, but surely this can't be right, Ambassador Castro has stated:
    “Ms Castro added that the Islanders know very well that without Argentine collaboration or continental links they will not be able to develop hydrocarbons and an oil industry but if under Argentine sovereignty “they could exploit their oil resources”
    Hmmm, like many of her she is wrong about that as well!

    But it’s good to have this happening it is another step along the road to Independence for the Falkland's and another nail in the coffin of Argentine pretensions.

    May 23rd, 2014 - 08:05 am - Link - Report abuse 0
  • HansNiesund

    @40

    So Timerman isn't Argentiniain?

    May 23rd, 2014 - 09:04 am - Link - Report abuse 0
  • Mick23

    Hey .. Golfbuddy... I say good call on the Noggy Rig... They will get it right.. Better stock up the bars and hotels ...

    No... ! the Norwegians won't worry about any backlash from Argentina... They just laugh.. Who do you think has been doing the majority of Geophysical exploration there... Coming and going as they please ... Charter flights to / from Mt. Pleasant for the crews ...Rigs and ships coming in from the Atlantic ...

    Heavens... They are working large campaigns to the north of Argentina in Uruguay... I've heard it said that the Asado and Tinto is even better there... Some one told me they will even take Peso's if worse comes to worse..

    Too bad these Tano Pillocks can't get their ducks in a row... Can't attract decent investment... Crumbling petroleum infrastructure... Chevron deal ..clandestine wrangling's in Ecuador ...

    Ole' SheDevil has totally cocked it up!

    May 23rd, 2014 - 10:12 am - Link - Report abuse 0
  • boufiewolf

    Surely though won't the petro dollars when the oil comes in become an opportunity for states like Argentina to trade and create 1000s of jobs?

    May 23rd, 2014 - 10:40 am - Link - Report abuse 0
  • Anglotino

    There is no Argentine Sea.

    The IHO, of which Argentina is a member, is the body that is recognised as the authority on hydrographic surveying and nautical charting by the UN.

    And it does NOT recognise an “Argentine Sea”. So neither does the UN.

    Just because some people perpetuate a fallacy, does not make it true.

    http://www.iho.int/iho_pubs/standard/S-23/S23_Ed3_Sheet_1_Small.jpg

    May 23rd, 2014 - 12:24 pm - Link - Report abuse 0
  • Pete Bog

    @31
    “The calm waters of America will become a nightmare for England”.

    I don't think so, as England isn't anywhere near America.

    “England has no right under the waters of South America.”

    England isn't within the territorial waters of South America so your worries are over.

    May 23rd, 2014 - 02:43 pm - Link - Report abuse 0
  • GALlamosa

    Well this is excellent news. The renewed drilling campaign will bring substantial economic benefit to the Falkland Islands, and enable us to continue our steady growth and development. Economically self sufficient, internally self governing, determining our own form of Government.

    I suspect the Norwegians will receive the usual threatening letter from the Argentine Government, followed by a more comforting missive from the UK Government assuring them that the Falkland Islands Government is a British Overseas Territory receiving defence support from the UK, and that their Falklands license is legal and safe.

    And then they will get on with business. The customers ? A medium sized British company, and a rather larger and very savvy American company. Wonder how many American companies they will try to bully before getting a very firm message where to get off.

    May 23rd, 2014 - 06:30 pm - Link - Report abuse 0
  • Vulcanbomber

    anyone seen this on Repsol

    http://www.bbc.co.uk/news/world-latin-america-27549309

    May 23rd, 2014 - 06:42 pm - Link - Report abuse 0
  • HansNiesund

    According to this, the Argentine Navy has contracted to buy four super-tugs, whose mission it will be to seize oil rigs operating in Falklands waters and tow them to Argentine ports.

    http://www.defesanet.com.br/ar/noticia/15439/EXCLUSIVO--Buenos-Aires-se-prepara-para-escalar-crise-no-Atlantico-Sul-/?utm_source=twitterfeed&utm_medium=twitter

    May 24th, 2014 - 07:54 am - Link - Report abuse 0
  • Think

    Turnip at (52)
    ... Whose mission it “could” be...
    What a big difference a little word makes...

    May 24th, 2014 - 08:31 am - Link - Report abuse 0
  • HansNiesund

    @53

    Perhaps.

    Personally I find this report rather unlikely, but then again a new venture in piracy wouldn't be too surprising, bearing in mind the long tradition of Argentine criminality in the British South Atlantic, what with the pirate Jewett, the pirate Vernet, the murderer Rivero, and the numerous attempts at usurping islands whenever anybody's back was turned.

    May 24th, 2014 - 08:49 am - Link - Report abuse 0
  • ilsen

    @53
    What is a “Turnip” to you exactly?

    I don't get it.

    Do you have some odd root vegetable fetish?

    Did a Swede reject you in your youth and you have “ishoos”?

    May 25th, 2014 - 04:31 am - Link - Report abuse 0
  • Pete Bog

    @52
    “ whose mission it will be to seize oil rigs operating in Falklands waters and tow them to Argentine ports.”

    Just like that, with no action whatsoever from the RN. Give the Argentines something, they are always optimistic.

    And if it's an American owned rig?

    May 25th, 2014 - 10:12 am - Link - Report abuse 0
  • yankeeboy

    I am quite sure an Rg tug would never make it out of Falklands waters.

    May 25th, 2014 - 10:38 am - Link - Report abuse 0
  • golfcronie

    @57
    Don't think it will reach FALKLAND waters. We will send the nuclear penguins to intercept them. can you imagine it when a UK nuclear sub surfaces and ask “ Have you lost your way, would you like us to point you in the right direction?”

    May 25th, 2014 - 07:46 pm - Link - Report abuse 0
  • ynsere

    Ilsen @ 55

    “Nabo” (turnip) as an insult stems from a supposed resemblance of the ro0t veggie to male genitalia. It is common parlance at primary schools and a favourite word of President Mujica's.

    May 27th, 2014 - 04:46 am - Link - Report abuse 0
  • ilsen

    59 ynsere
    Thank you.

    How odd. Obviously a cultural thing. As so often it can say a lot about the person who employs the insult. .....

    May 27th, 2014 - 09:41 am - Link - Report abuse 0

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