Houston-based Noble Energy will take a 75 million write down for exploration costs after determining that its offshore Scotia well in the Falkland Islands is not commercially viable. The well was drilled in 2012 using 2D seismic interpretation but was deemed non-commercial following analysis of 3D seismic data.
BBC2’s Top Gear presenter Jeremy Clarkson has said his crew did nothing wrong and affirmed “someone could have been killed”, following incidents in which a group of people in Tierra del Fuego threw stones at their cars, thinking the license plates they used for filming were directly alluding to the Falklands/Malvinas War.
The first sign of oil industry impact on the face of the Falkland Islands capital, Stanley is in the offing with the planning approval given for an 80 room portable hotel near The Trough.
The Falkland Islands Government’s stand at the Conservative Party Conference in Birmingham (28 September to 01 October) was extremely busy with visitors. Situated in a prime location, MLAs Jan Cheek and Ian Hansen and the Falkland Islands Government Representative, Sukey Cameron MBE, were able to meet with a large number of delegates, including MPs and Parliamentary Candidates.
Borders & Southern Petroleum PLC said it will join a Falkland Islands drilling consortium so it can participate in the 2015 drilling program on the Islands, as soon as partnering and funding has been secured for its licenses.
Beijing's new ambassador before the Argentine government underlined the excellent relations between the two countries and reiterated China's support to Argentina in the issue of sovereign debt and claims over the Falklands/Malvinas Islands.
As of this week the Falkland Islands elected Legislative Assembly will have a new website, located as a micro.site off the developing FIG civil service website.
The Chilean community in the Falkland Islands celebrated their country’s independence day on Thursday 18 September with a reception hosted by H E the Governor Colin Roberts at Government House, and a party at the Narrows Bar.
By Arturo Porzecanski of American University (*) - Jose Antonio Ocampo, a former United Nations official and co-president with Prof. Joseph Stiglitz of Columbia University’s Initiative for Policy Dialogue, which promotes the adoption of heterodox economic policies in developing countries, recently wrote a guest post welcoming a UN General Assembly resolution calling for the launch of negotiations on a multilateral framework for sovereign debt restructuring.
The Falkland Islands British Overseas Territory Citizen passport book is to be changed to include ‘Falkland Islands’ on the front cover, it was agreed a few weeks ago.