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Falkland Islands and oil companies new approach to “stranded assets”

Tuesday, August 18th 2020 - 15:50 UTC
Full article 10 comments

An article in World Oil by Laura Hurst refers to the term “stranded assets” and mentions the case of the Falkland Islands oil industry: the discovery a decade ago of as much as 1,7 billion barrels of crude offshore the British Overseas Territory, and rather than the next frontier, the project to extract energy risks being added to a list of what companies call “stranded assets” that could cost them huge sums to mothball. Read full article

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  • Billy Hayes

    “Remote” say the article.

    For YPF, Petrobras or Ancap the islands arent remote, only with the british colonial perspective you can say that.

    “Hostility”, yes, with british colonial link and not with selfdetermination.

    Aug 18th, 2020 - 09:42 am - Link - Report abuse -5
  • Think

    TWIMC...

    Well..., well..., well...

    Quelle grosse surprise...!

    South Atlantic Pirate Oil Adventure has finally been declared a “Stranded Asset”..., huhhhhh...?

    Now..., having sat at me minuscule terrace overlooking the Pelagos Sanctuary for most of the last three months or so..., I'm happy to inform..., that I haven't sighted one (1) single Cruise Ship...!
    - That..., I Think..., will surely put them Windblown Malvinas Tourist Industry on the “Stranded Assets” category for a looooong while...

    Now..., all we Argies have to do is to concentrate in “Strandasseting” them Isles Pirate Fish Licensing business on disputed..., NON EU waters...

    - Next “Repatriation Flights” from Puerto Argentino to Punta Arenas will be full of those brownish Shilean and Saint Dagos that don't qualify for the dole..., I reckon...

    Capisce...?

    Aug 18th, 2020 - 10:08 am - Link - Report abuse -6
  • Billy Hayes

    https://m.facebook.com/story.php?story_fbid=10158653815675135&id=548440134

    Talking about flights.

    Aug 18th, 2020 - 03:11 pm - Link - Report abuse -4
  • Pugol-H

    Billy Hayes
    In this case they are one and the same thing, the Islanders have chosen to remain British and that is what self-determination means, being able to decide your own future, free from outside influence.

    It’s really not that complicated.

    Stink
    Where to start, oh yes how’s it going in Vaca Muerta then, YPF making a profit are they, of course not.

    Whilst the rest of the world basks in low oil/gas costs, not in Argyland, Gov price fixing keeps the price way up, or they would stop drilling, meanwhile the consumers and industry get screwed.

    The Falklands are included in negotiation with the EU, that is not actually in question.

    Tourism will return and fishing licences won’t change because we control the S. Atlantic not the Creole Planters in S. America.

    Unlike Atahualpa or the Mapuche, the British have more than just sticks and stones with which to defend their territory from thieving Creole Conquistador Bastards, trying to “implant” themselves in our territory.

    Aug 18th, 2020 - 03:43 pm - Link - Report abuse +5
  • Think

    Sr. Billy Hayes...

    - Thanks for that Facebook link about yet another RAF transport plane once again abusing both the Uruguayan humanitatianism and the very term “Humanitatian...

    Some ”information errors” on Mr. Mountfort Facebook link though...:

    1) Yesterdays RAF plane from Montevideo to Mount Pleasant WAS NOT CANCELLED...
    The plane is..., as I type..., parked at the Engrish Military Base in Malvinas...

    2) This specific Engrish KC2 airplane has a huuuuuuge fuel autonomy...
    It can easily fly the distance between Malvinas and Uruguay trice..., without ever needing to enter Argentinean airspace...

    3) It just looks like the Uruguayans have been made aware of this Brutish “humanitarian” scam once again..., and this time they do not want them Engrish to abuse once more the Uruguayan hospitality on their way back to Old Blighty....

    Capisce... ;-)

    SOME OFFICIAL INFO...:
    https://www.cronista.com/economiapolitica/Cancilleria-seguramente-elevara-nota-a-Uruguay-por-el-vuelo-britanico-a-Malvinas-20170518-0100.html

    Aug 18th, 2020 - 03:45 pm - Link - Report abuse -4
  • Pugol-H

    Stink
    What, no, this cannot be, Argentina keep protesting these flights to Uruguay and Brazil and quoting agreements, but they just keep happening, what is going on?

    Would you Adam and Eve it.

    It’s almost as if they don’t really listen to Argentina, well not enough to do anything about it.

    With Argentina being soooo popular in S. America and all.

    Shocker.

    Aug 18th, 2020 - 03:59 pm - Link - Report abuse +4
  • Think

    Oooooos..., sorry lads..

    Disregard me last comment...

    I did mix up between all them Brutish “humanitarian” flights...:-(

    Mr. Mountfort Facebook link is as far as I know..., correct.... My bad...

    Aug 18th, 2020 - 04:16 pm - Link - Report abuse -2
  • Billy Hayes

    Yes it was a flight of amazonas airline, “humanitarian” they said.....with 29 popeyes from vigo illegal fishing vessels.

    Aug 18th, 2020 - 04:30 pm - Link - Report abuse -3
  • Think

    .... and three perfectly fit Kelpers that wanted a cheapo ride back to them windblown Islands...;-)

    Aug 18th, 2020 - 04:38 pm - Link - Report abuse -3
  • Pugol-H

    Billy Hayes
    Except we decide what is and what is not legal, in the S. Atlantic, not Argentina.

    Aug 19th, 2020 - 04:42 pm - Link - Report abuse +2

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