MercoPress. South Atlantic News Agency
Stories for December 23rd 2016
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Friday, December 23rd 2016 - 00:54 UTC
Scientific circumnavigation of Antarctica takes off from South Africa
An international scientific voyage, comprising 60 researchers from 30 different countries (including Argentina), has set off from South Africa on a three-month tour of the Antarctic to study the extreme environment and impact of climate change on the Southern Ocean.
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Friday, December 23rd 2016 - 00:39 UTC
Falklands' Sea Lion oil field development “break-even price is US$ 45/bbl”
Rockhopper Exploration has issued an update on planning for Phase 1 of the Sea Lion oil field development in the offshore North Falkland basin. Operator Premier's latest estimate of capex to first oil is US$1.5 billion, with life of field costs (capex, opex, and lease) of around US$35/bbl for Phase 1.
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Friday, December 23rd 2016 - 00:25 UTC
Greek present for Trump: Obama and Trudeau ban offshore oil and gas drilling in Atlantic and Arctic waters
In the final stretch of his term President Barack Obama is implementing new environmental protections that stand to thwart Donald Trump's agenda on oil and gas extraction in ways that may prove difficult for the president-elect to roll back. The Obama administration announced on Tuesday that it will place an indefinite ban on offshore oil and gas drilling across large swaths of Atlantic and Arctic waters.
