Falkland Islands

Friday, October 26th 2012 - 20:25 UTC
Falklands estimates oil earnings at 25% of gross value of the resource extracted

The Falkland Islands Government (FIG) is likely to earn somewhere in the region of 25 to 30% of the gross value of the oil resource spread over an expected field life of 25 years, it was stated at a public meeting in the capital Stanley earlier this week.
Friday, October 26th 2012 - 07:24 UTC
Falklands’ 2013 referendum: determined to be masters of their future

A group of Central American journalists recently visited the Falkland Islands for a week as guests of the Foreign Office together with Bruce Callow from the UK Costa Rica embassy. During Mr Callow wrote in his blog about the experience regarding important issues for the Falklands such as the referendum next March on the future of the Islands.
Friday, October 26th 2012 - 07:11 UTC
Believe it or not: Falklands, a nation with a comfortable budget surplus

The Falkland Islands Government accounts showed a surplus of £4.297 million compared to a revised budget surplus of £2.448 million (a positive performance of £3.190 million) for the first three months of the 2012/13 financial year, according to the Financial Management Report presented this week to the Standing Finance Committee.
Friday, October 26th 2012 - 07:06 UTC
Falklands to build a new deep-water port to cater for the oil and gas industry

The Falkland Islands will have a new deep-water port facility capable of meeting the demands of all incumbent industries it was announced following this week's meeting of Executive Council (ExCo).
Thursday, October 25th 2012 - 18:18 UTC
Falklands Oil & Gas complete farm-out deal with US Noble Energy; drilling delay

Falkland Oil and Gas Ltd., (FOGL), announced completion of the farm-out agreement with Noble Energy Falklands Limited, an affiliate of Houston based Noble Energy, Inc. and the signing of agreements with Petroleum Geo-Services (PGS) for the acquisition and processing of two new 3D seismic surveys.
Thursday, October 25th 2012 - 17:51 UTC
Reflections from our visit to the Falkland Islands

A group of Central American journalists recently visited the Falkland Islands for a week as guests of the Foreign Office together with Bruce Callow from the UK Costa Rica embassy. The following is a first reflection just back from the Islands in Bruce’s blog.
Thursday, October 25th 2012 - 00:04 UTC
Argentine lawmakers press Falklands’ issue on UK peers at Parliamentary Union

Argentine lawmakers met with their UK peers and called for an end to unilateral hydrocarbons explorations in Falkland Islands waters and for an end to military exercises in the South Atlantic.
Tuesday, October 23rd 2012 - 20:46 UTC
Tourist arrivals to the Falklands expected to increase 14.6% by end of 2012

Tourist arrivals to the Falkland Islands are expected to increase by 14.6% in 2012 with a significant 28% increase in the number of leisure visitors, mainly driven by the 30th Anniversary of the Falklands war according to the September Falklands Forecast from the Falkland Islands Tourist Board.
Tuesday, October 23rd 2012 - 01:46 UTC
South Georgia cruise season beats the trend and expects better one in 2012/13

A small increase in cruise ship visitors to South Georgia compared to the previous season bucks the trend of the Antarctic region. In the 2011/12 season tourists to the Antarctic fell by 22%, whereas in South Georgia they increased 8%, according to the September edition of the South Georgia Newsletter.
Tuesday, October 23rd 2012 - 01:37 UTC
US oil company team visit Falklands to assess industry’s infrastructure support

US based Noble Energy and farm-in partners with Falkland Islands Oil and Gas (FOGL) visited the Falklands to meet with their partners and the Falklands government and to assess in-situ the oil related infrastructure.