Falklands' oil industry on the move as Sea Lion project financing has a pathfinder bank

Monday, July 9th 2018 - 07:34 UTC

Full article 5 comments

Rockhopper Exploration says Standard Chartered Bank will serve as Pathfinder Bank for the proposed senior debt project financing of the Premier Oil-operated Phase 1 development of the Sea Lion project offshore the Falkland Islands. Read full article

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Brit Bob
How things have change when reality bites...

Regarding Falklands oil exploration, Argentine Foreign Minister Jorge Taiana stated in February 2010, that his Government would take 'all measures necessary to preserve our rights' and also reiterated that Argentina had a 'permanent claim' on the islands, saying 'Buenos Aires would complain to the UN over the oil project and might take the case to the International Courts of Justice in the Hague.' (British Drilling for Falklands Oil Threatens Argentine Relations, Pope F. 13 Feb 2010 & Potential Drilling off Falklands Provokes Tensions Between UK & Argentina IRRU News 17 Feb 2010)

Why's it taking so long Jorge?

Falklands – Territorial Waters: https://www.academia.edu/10574593/Falklands_Islands_Territorial_Waters
Jul 09th, 2018 - 10:05 am - Link - Report abuse +3
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GALlamosa
More steady progress towards the inevitable development of the Falkland Islands energy sector. Some people will be slobbering in their gin wondering what to do with all the spare coffin nails, but we will march steadily on. Let's hope that in the better current geo-political environment the Chilean/Magellanes oil industry will get themselves a slice of work, as well as Uruguayan and Brazilian companies.
Jul 12th, 2018 - 09:01 am - Link - Report abuse 0
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portman
scb have the boys and gals who will make all the difference lol
Jul 12th, 2018 - 10:19 am - Link - Report abuse 0
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The Barron
England will return the Malvinas within 25 years.
Jul 14th, 2018 - 12:47 am - Link - Report abuse 0
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kelperabout
Now where have I heard that before “England will return the Malvinas in 25 years” . Oh yes that was back in the early 1970's and immediately after the 1982 conflict . Guess we will be seeing the same statement twenty five years down the road “The Barron”. Actually I believe that Argentina will still be saying that 200 years down the road.
Jul 14th, 2018 - 12:20 pm - Link - Report abuse 0
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