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MercoPress, en Español

Montevideo, April 28th 2025 - 11:06 UTC

Falkland Islands

  • Tuesday, February 16th 2016 - 15:16 UTC

    Argentina rejoins the real world

    Regarding the Falkland/Malvinas Malcorra presented a cautiously optimistic view

    UN John J. Metzler(*) Reversing the trend of economic mismanagement, ending a fifteen year debt impasse with foreign lenders, calming a percolating political crisis over the disputed Falkland/Malvinas islands in the South Atlantic, and overcoming the image of unpredictability, Argentina’s new conservative government faces serious obstacles in reintroducing Argentina to an often skeptical world.

  • Tuesday, February 16th 2016 - 08:42 UTC

    Ocean Rig determined to collect 'termination fee' from Falklands' Premier Oil

    CEO Economou says the industry's prospects remain bleak and with limited possibilities of a recovery before 2018, at the least

    Ocean Rig UDW Inc. has officially announced that two of its drilling contracts have been terminated, one of them in the Falkland Islands where its “Eirik Raude” was working for Premier Oil as the main operator. Ocean Rig is demanding a termination fee of several million dollars and in case Premier Oil contests the payment, “we intend to commence arbitration proceedings”.

  • Tuesday, February 16th 2016 - 07:37 UTC

    Noble Energy cancels drilling in Falklands, following termination of rig contract

    Due to operational issues with the drilling rig, Noble has cancelled the rig contract, leading, in turn, to the notification to Argos of Force Majeure, the company said.

    Falkland Islands based company, Argos Resources Ltd. said it has received notification from Noble Energy, the operator of license PL001 in which Argos holds a 5% overriding royalty interest, that it is exercising its rights to declare Force Majeure on the well.

  • Monday, February 15th 2016 - 06:55 UTC

    Four Argentines plan to swim the Falklands' Sound on an “identity cause”

    “The humanitarian aspect has to be differentiated from politics. This humanitarian task, not political” argued Julio Aro.

    Four Argentine amateur swimmers have been training for over a year preparing for the crossing of the Falklands' Sound which separates the two main islands, West from East Falkland. The purpose of the crossing is to bring attention on the 'delayed' process of identifying the remains of Argentine soldiers buried in the Falklands under a headstone that reads “Argentine soldier, known only to God”.

  • Monday, February 15th 2016 - 05:57 UTC

    Falklands' visit by Defense secretary Fallon “while parliament is in recess”

    A Whitehall source said: ‘Michael has irritated the Foreign Office. They think it looks bellicose and will make it harder to do business with Buenos Aires”

    British Defense Secretary Michael Fallon is scheduled to visit the Falkland Islands this week, the first such visit in over a decade. However the timing of the visit has caused some irritation with the Foreign Office, according to the London media, since it could interfere with the current approach with the new Argentine administration.

  • Sunday, February 14th 2016 - 23:29 UTC

    Illex 2016 Fishing Season begins in Falkland’s Waters.

    Barton said that the 2015 season was a record for Illex squid with a total of 358,000 tons caught.

    Fishing for Illex squid in Falkland’s water took off on Sunday, as the 2016 fishing season opens. A total of 105 fishing licenses have been issued. The number of licenses issued has remained consistent for the past three seasons.

  • Friday, February 12th 2016 - 18:47 UTC

    Falklands' (oil exploration) “has been a hugely successful campaign”, says Rockhopper

    The notice to terminate follows a number of operational issues with the Eirik Raude rig. Chatham well is deferred until Sea Lion pre-development drilling campaign.

    Rockhopper Exploration which has a joint venture agreement with Premier Oil offshore the Falkland Islands, described the oil exploration campaign now terminated as a 'huge success' and underlines the postponement of the Chatham well drilling will have no impact on the Field Development Plan for the Sea Lion oil discovery development.

  • Friday, February 12th 2016 - 18:14 UTC

    Falklands' exploratory campaign ended, following termination of ocean rig contract

    The rig 'Eirik Rude' experienced a number of material operational issues, according to Premier Oil and Noble Energy

    The Falkland Islands government and Premier Oil have announced on Friday the ocean rig 'Eirik Raude' contract termination, which in practical terms puts an end to the current exploratory campaign and the scheduled drilling of the Chatham well. Nevertheless both sides underlined the success of the now terminated campaign with the oil discoveries at the Zebedee and Isobel Deep prospects in the North Falkland basin and look forward to continue working in the near future.

  • Friday, February 12th 2016 - 06:15 UTC

    Falklands' oil industry development continues despite slump in crude prices

    ”Despite the low oil price environment, the Sea Lion project continues to move forward,” said chief executive Sam Moody.

    Rockhopper Exploration flagship project, offshore the Falkland Islands the Sea Lion oil field development, continues to advance despite the recent slump in crude prices.

  • Wednesday, February 10th 2016 - 23:11 UTC

    Montevideo-Stanley, an integrating and necessary air link

    Representative Jaime Trobo from Uruguay's senior opposition party, Partido Nacional

    By Jaime Trobo (*) - For some time now we have been arguing that Uruguay must strengthen its bonds and contacts with a neighboring territory, in the southern cone, part of our American continent, where families who arrived in our region during the first half of the XIX century live, and with whom those contacts, once very intense, have waned, particularly in the last decades.