Falkland Islands

Tuesday, August 26th 2014 - 07:26 UTC
Falklands: Premier Oil confirms full commitment to Sea Lion project

Premier Oil has updated progress on the Sea Lion project, the first field development offshore the Falkland Islands. Latest subsurface studies suggest recoverable reserves for the Phase 1 development at 308 MMbbl, with further upside of 60 MMbbl if next year’s well on the Chatham prospect confirms that there is no gas cap in the western side of the field.
Saturday, August 23rd 2014 - 06:23 UTC
HMS Iron Duke visits Namibia; next calls South Africa and Falklands

HMS Iron Duke on Atlantic Patrol Tasking South, which includes the Falklands and South Georgia Islands, has visited the Namibian port of Walvis Bay where she has built on relations with the country’s Navy and its people.
Friday, August 22nd 2014 - 00:08 UTC
Premier oil shows stronger than expected output in first half of the year

Falkland Islands involved oil and gas explorer Premier Oil may upgrade its 2014 production forecast after stronger-than-expected output in the first half of the year, pending the outcome of summer maintenance work, its Chief Executive said. The company reported a 7% rise in first-half profit after tax on Thursday, helped by strong oil production from its British fields.
Thursday, August 21st 2014 - 07:46 UTC
'Malvinas Institute' in La Plata university to research 'sovereignty policies'

The University of La Plata, province of Buenos Aires, is setting up a “Malvinas Institute” that will specialize in 'sovereignty policies' research, as part of the Political Sciences department. The new research and extension center will be located in a former military barracks in downtown La Plata which was ceased to the university.
Tuesday, August 19th 2014 - 09:16 UTC
Falklands pricing for valuation of hydrocarbons will follow Norwegian model

The Falkland Islands has an oil legislation regime that is robust and encourages investment, believes Financial Secretary Nicola Granger. Details of a law firm’s report to the Falkland Islands Government (FIG) on tax legislation in relation to the oil and gas industry, and recommendations to Government by Ms Granger, were released to the public this week in a paper that outlines the report from Freshfields Bruckhaus Deringer LLP.
Tuesday, August 19th 2014 - 08:05 UTC
Falklands' war statements from Chilean minister praised by Argentine peer

Argentine Defense minister Agustín Rossi praised on Monday his Chilean peer statements relative to Chile's role and attitude during the Falklands war when Britain sent a task force to expulse the Argentine military invasion in 1982.
Monday, August 18th 2014 - 06:52 UTC
“Chile not proud of Falklands war support”, but “proud of peace treaty with Argentina”

Defense minister Jorge Burgos said that most Chileans are not proud of the attitude of the Pinochet dictatorship when the Falklands/Malvinas war, but also admitted it happened at a very different and difficult moment in the relations between Chile and Argentina.
Friday, August 15th 2014 - 02:26 UTC
All phone calls inside Chile become local; Punta Arenas code area is 61

Chile has become a single territory for telecommunications and long distance calls with different rates for fixed lines will no longer exist beginning Saturday. This in practical terms will also means a 50% reduction on normal phone calls.
Monday, August 11th 2014 - 22:56 UTC
Falkland Islands and the saga of Sir Ernest Shackleton a century ago

One hundred years ago this month Sir Ernest Shackleton set sail from Plymouth on HMS Endurance at the beginning of the Imperial Trans-Antarctic Expedition (1914-17), also known as the Endurance Expedition.
Friday, August 8th 2014 - 08:06 UTC
Falklands and 4.7m sq. km. of the South Atlantic, claimed by Argentina

“Argentina has its eyes set on the South Atlantic, and that includes undoubtedly the full recovery of our sovereignty over the Malvinas Islands and the adjoining maritime spaces”, said Daniel Filmus head of Argentina's Office on issues relative to the Malvinas Islands.